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Proposal to Require an Internship for Business Majors

Proposal to Require an Internship for Business Majors. Stephanie Sack and Josh Steinegger. Outline. Purpose of Wisconsin Lutheran College Benefits of Internships Requirements of Other Colleges Current Internship Program Proposed Changes to Program Question and Answer.

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Proposal to Require an Internship for Business Majors

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  1. Proposal to Require an Internship for Business Majors Stephanie Sack and Josh Steinegger

  2. Outline • Purpose of Wisconsin Lutheran College • Benefits of Internships • Requirements of Other Colleges • Current Internship Program • Proposed Changes to Program • Question and Answer

  3. Purpose of Wisconsin Lutheran College • Mission Statement • The college is committed to providing quality teaching, scholarship, . . . and preparing students for lives of Christian leadership • Vision Statement • . . . rigorous pursuit of academic excellence, and dedication to preparing Christian leaders for the Church and the world. (College Identity Information, 2014)

  4. Purpose of Wisconsin Lutheran College • Business Administration • “Develop skills that you will draw from throughout your career” (Introduction to Business Administration, 2014) • Popular Majors of 2012 • Business Administration = 19% (US News, 2013) • Jeremiah 29:11 • “For I know the plans I have for you, declares the LORD, plans to prosper you and not to harm you, plans to give you hope and a future.”

  5. Benefits of Internships – for Students • Gain work experience • Earn course credits • Possibly earn money • Network with professionals • Apply classroom knowledge • Develop skills • Gain confidence in your abilities • Higher Salary out of college • Paid internships – 68% higher (CNBC, 2014)

  6. Benefits of Internships – for WLC • Better Reputation • Higher visibility • Strengthens ties to community • Better education for your students

  7. Benefits of Internships – for Companies • Positive Energy • Offloading • New/unique Skills • Pay or not pay • New Positions • Creative thinking & fresh ideas

  8. Statistics • Of those graduated from college in the last two years, 41% are unemployed. • 63% say they need more training to get the job they want. • Employers made full-time offers to 56.5% of their interns in 2012. • In 2012, 37.7% of students interned at some point in their college careers. Statistics from U.S. News, The Short List: College 2013

  9. Statistics Cont.

  10. Internship Requirements of Area colleges similar to WLC

  11. Current Internship Program • Business Internship Coordinator • Professor Heather Stelzer • Internship Application • Agreement and Approval Forms • Business Internship (BUS 490) • Junior or Senior standing • 45 hours per credit

  12. Current Internship Program • Business Internship Group • Internship Interest Form • “More effective communication” (Stelzer, 2014) • Affiliated Companies • Thrivent Financial, Direct Supply, Target, YMCA, WELS Kingdom Workers, Wisconsin State Fair, and the Milwaukee Brewers

  13. Current Internship Program • Positives • Good that WLC has a specific coordinator • 100% of students viewed as good experience • Negatives • 74% do not know how to receive credit • 69% do not know who to contact

  14. Proposed Changes to the Program • Hire additional Business Internship Coordinator • Search for additional internships • Contact local businesses • Talk with Business professors

  15. Proposed Changes to the Program • Implement a Pre-Internship Course • Strictly Business majors • Taught by either coordinator • Intended for Junior year

  16. Proposed Changes to Program • Pre-Internship Course • Importance of internship • Application process • Receive course credit • Open discussions • Etiquette • Special opportunities

  17. Proposed Changes to the Program • Financial • Adding second staff member • Minimal charge for class • Needed change • “On the short list for changes. . . internships increase the sense of urgency in students and better prepares them for the business world.” (Stelzer, 2014)

  18. Any Questions? • Proposed Changes • Additional Business Internship Coordinator • More affiliated internships • Pre-Internship Course

  19. Required Business Internship • Keep on pace • Benefits WLC • Benefits the students • “Preparing students for lives of Christian leadership”

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