The Impact of Internships on Graduate Employability Literature review

The Impact of Internships on Graduate Employability - Literature review Example 1). This practice is institutionalized in modern times as part of the academic requirements to immerse students to the community, hospital, companies and in multinational organization to provide practical dimension of the theories learned from universities and colleges. Every year, thousands of youths and fresh graduates flock to companies in search for opportunities to hone their knowledge and to gain competitive leverage in the market with limited opportunities for millions of job seekers. This year, there are about 370,000 graduates who will be competing for limited jobs in the market (Grunwald, 2012, p. 1). The economic recession however, became an impetus for companies to accommodate interns to maintain its operation in a cost-effective measure. For the company, the jobless wanting to be registered under internship program is a remedial opportunity in response to economic depression. Recently, youths began complaining that their rights and welfares are abused as unpaid workers o f the company. Introduction Internship is an opportunity to gain empirical experiences in a specific career field. This could be an academic requirement, like those who are taking medicine, nursing, and in hotel or restaurant management (Loretto, 2012, p. 1). Others avail of this program to gain personal leverage for employment. Most of those who embarked on this system are fresh graduates of colleges and universities with capacity on communication, organizational management, and good interpersonal relations aside from good academic standing (Loretto, 2012, p. 1). These interns are generally held under a supervisor who would assign them on some tasks and monitor their progress. Those taking internship with credited hours for academic grade, the faculty closely relates with the company’s management to ascertain that the desired outcome of the training is achieved. Those interns with genuine interest to learn may find this experience as a relevant part of understanding the care er path they have chosen and hopefully develop a service-oriented culture based on excellence and professional relation with the management and clienteles (Beard, 2007, pp. 207-220). This review will critically discuss the correlation of internship with employability of graduates. Internship and Opportunities In this post-modern period, students and graduates are encouraged to take job placement role from workplaces to value knowledge earned from these on-job trainings that are either paid or unpaid. Experts believed that this is a valuable mechanism for those who are willing to undergo practical training and those who wanted to attain leverage to market’s economic opportunities. Human resource experts have already advised students to make their job portfolio and experiences earlier. They thought that learners shouldn’t be dissuaded from undertaking part-time jobs as an added value of work experience in their respective curriculum vitae. This adds to their credentials as potential employee. Nowadays, there are many universities and colleges that offer internship programs on placements to hone their skills and abilities. This promotes their employability after graduation as companies these days would prefer human resources that have attained positive record and recommendations from internship program (Kadlec, 2009, p. 1). Economically, internship has been adopted as socially acceptable