CHINA EUROPE INTERNATIONAL BUSINESS SCHOOL

Internship - Company Guide

The student internship is an important component of the CEIBS MBA curriculum. In the course of conducting the internship, students will have the opportunity to extend their current business experience and to apply and test the knowledge and skills they have acquired at CEIBS. The internship also provides an opportunity for host companies to identify prospective employees among MBA interns and for MBA students to know the host companies as prospective employers.

In the past, CEIBS MBA internships have been completed in most functional areas of management including finance and accounting, marketing and sales, human resource management, purchasing and organizational change. There is no requirement that the host organizations be commercial companies because many other forms of organization (for example, governments, hospitals and educational institutions) employ managers in highly demanding roles. All that CEIBS requires is that the internship offers opportunities for the development of managerial competence.

What Is the Benefit of an Internship?

When you put a CEIBS intern to work on a project you re helping train the next generation of management leaders. Since CEIBS admits only the very best MBA applicants, what you are doing will help society.

The top four benefits you company can get:

Internship students are prospective employees. Through providing internship, the company ensures a better match between recruiter and employees.
Internship is cost-efficient to get extra human resource since MBA interns are inexpensive sources of skilled labour. An intern or several interns can be set to work on research projects and industry studies that you would like to do but may not do because of time and cost constraints.
MBA interns can provide new perspectives and ideas to your company to solve old problems.
Hosting of MBA internship increase your company's visibility and reputation on campus, where you need to recruit potential future employees.

Examples of Previous Internship Projects:

Marketing

Assess the market trends and propose corresponding marketing strategy for a product line ( Manufacturing )
Conduct benchmarking study to recommend on improvement of new product planning process ( Pharmaceuticals )

Finance / Financial Control

Valuation studies on certain industry ( Investment Banking )
Implement cash management system to cut account receivable level ( FMCG )

Production and Operation

Initiate and implement lean management concept to minimize delivery time and WIP stock level ( Electronics )
Develop KPI for suppliers and carry out material matrix study to cut overall procurement cost ( Consulting )

Human Resources

Competency study aligned with company culture ( Telecommunications )
Development of incentive scheme and training program for sales force and customer service staff ( Luxury Goods )

Management Information System

Participate to carry out business process reengineering for sales and marketing force; initiate web-based E-learning system ( Biotechnology / Healthcare )
Participate in a team to make proposal on ERP system ( Petroleum )

Internship Program 2005

The 2005 Internship program runs from 14 March to 10 June 2005. Out of the 126 MBA2004 students, 53 are going to take internship (the others will take exchange programs), among which 19 are from overseas. Companies who are interested in hosting one or more CEIBS MBA interns please fill in the attached Internship Proposal Form and send it back to CEIBS Career Development Center (CDC).

The Internship Proposal Form asks for identification of a Company Mentor: this is the person at the host organization who will be responsible for the Intern's work during the company assignment. Depending on the nature of the project, CEIBS will assign an appropriate Faculty Mentor if one has not already been agreed.

Internship Program Timetable

Nov 1, 2004 - Jan 30, 2005	Companies submit detailed internship proposals
Nov1, 2004 - Feb 15, 2005	Interview arrangement
Feb 20, 2005	Deadline for companies to confirm hiring with CDC
Nov 2004 - Feb 28, 2005	Students and companies discuss the terms of internship agreements and finalize it by Feb. 28th 2005
Mar 14 - Jun 10, 2005	Internship
Jun 11 - Jun 30, 2005	Host companies return Intern Evaluation Forms

How to Get MBA Students to Do an Internship in My Company?

This is a simple process outlined in the seven steps below:

Prospective internship host company sends the internship proposal form to CDC at CEIBS with detailed description of the internship project.
CDC sends the host company a copy of CEIBS MBA2004 student CV book and a list of students applying for the internship.
The host company selects interview candidates (including alternatives) and informs CDC the interview time slots at least 2 working days prior to the interview.
CDC confirms with the host company the list of interviewees and arranges interviews.
The host company conducts interviews (telephone interviews).
The host company discusses with the selected candidate(s) about project planning, mentor assignment and logistics including accommodation and transportation.
We recommend that students should be given at most 2 weeks to respond to an offer. The host company shall confirm hiring outcome to CDC before Feb 20, 2005.
The host company shall finalize the internship agreement with the student before Feb. 28, 2004.

What Else Should I Consider?

For domestic internships, most host companies pay each intern a minimum monthly living allowance of 4,000 RMB, in addition to reimbursement for out-of-pocket expenses directly relevant to the internship.
For overseas internships, CEIBS asks that the host company send an invitation letter to the student as soon as possible to ensure that CEIBS has enough time to arrange for passports and visa. It is also important that the host company covers the costs of international travel, insurance and accommodation, and gives some pocket money according to local living standards. Meanwhile, we would suggest that you finalize the internship agreement with the student as early as possible considering the extra time needed for visa or work permit application.
Every year, the European Union provides some scholarship to CEIBS MBA students doing internships in companies in an EU member state or the European branches of Chinese companies.

Companies tell us the CEIBS interns work hard and smart, and make significant contributions during the 13-week internships. You can help your organizations and help build future leaders! Talk to us and we can help make this happen for you:

Karen Wong
Consultant
Tel: +86-21-2890 5270
Fax: +86-21-2890 5216, +86-21-2890 5678
Email: wkaren@ceibs.edu