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  #1  
Old 12-28-2004, 08:02 PM
dude dude is offline
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Default how helpful is an internship?

I know, I know, I know! I ask too many questions. Yes, it's 'dude' again.

But it's ok right.?
I mean we've got great people here and I would say my people because I may soon by like you guys i.e. an actuary.

Ok, for those who are already hired, or if you are a manager, etc. how valuable would you consider a student with an internship?
Consider the following 2 cases

Student A-No co-op/internship related to actuarial profession.
-Passed 2 exams before graduating

Student B -has done 2 eight month work periods=16 months of co-op)
-Passed 2 exams before graduating as well

In your opinion, would you say that Student B has a SIGNIFICANT probability of getting hired before student A?

Dude says thank you for your replies
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  #2  
Old 12-28-2004, 08:06 PM
Westley Westley is offline
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Yes, the probability of hiring is significantly higher because:

1 I'm more likely to take a chance on interviewing him and (probably more importantly)
2 he can more intelligently discuss in an interview why he wants to be an actuary, where he sees his career going, what he wants to do, etc. So, he can sell himself better, there's less risk that he comes in and decides after 6 months of training that he wants to do something else, etc.
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  #3  
Old 12-28-2004, 08:14 PM
dude dude is offline
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Westley, thank you.

Ok, I guess I totally missed the point of an internship.

Well, it's nice to know.
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  #4  
Old 12-28-2004, 08:50 PM
DW Simpson DW Simpson is offline
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Default Re: how helpful is an internship?

Quote:
Originally Posted by dude
In your opinion, would you say that Student B has a SIGNIFICANT probability of getting hired before student A?
Absolutely. I've seen it become more common for clients to use internships as a reason for picking one entry level candidate over another. Someone with internship experience is a known quantity. Actuaries like known quantities.
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Old 12-28-2004, 08:56 PM
Westley Westley is offline
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Quote:
Originally Posted by dude
Ok, I guess I totally missed the point of an internship.
What did you think it was?
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Old 12-28-2004, 09:31 PM
Dr T Non-Fan Dr T Non-Fan is offline
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"To make getting a job easier," is my guess, based on historical information.
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  #7  
Old 12-28-2004, 11:11 PM
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Ailing Factuary Ailing Factuary is offline
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Default Re: how helpful is an internship?

Quote:
Originally Posted by D.W. Simpson Webmaster
Quote:
Originally Posted by dude
In your opinion, would you say that Student B has a SIGNIFICANT probability of getting hired before student A?
Absolutely. I've seen it become more common for clients to use internships as a reason for picking one entry level candidate over another. Someone with internship experience is a known quantity. Actuaries like known quantities.
Are they really a known quantity, since they may not have been hired by the company they interned with? I always wondered this when I was looking.
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Old 12-28-2004, 11:21 PM
DW Simpson DW Simpson is offline
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Default Re: how helpful is an internship?

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Originally Posted by Ailing Factuary
Are they really a known quantity, since they may not have been hired by the company they interned with? I always wondered this when I was looking.
Most entry level candidates with internships end up working for a different company than the one that they interned for, and that happens for several dozen reasons.
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Old 12-29-2004, 12:32 AM
dude dude is offline
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dude wrote:
Ok, I guess I totally missed the point of an internship.


"What did you think it was?"

Well Westley, I thought you know internship would get the boss think you have had experience and you will not be dumb when they give you commands. I never thought that the internship would distinguish between those who are likely to keep the job and those the employers can say 'not too sure about him!'

Thank you all for your ideas.
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  #10  
Old 12-29-2004, 12:59 AM
Westley Westley is offline
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Well, it's both, but there are definitely those that do an internship, and then say "this is so not for me" - and then, it's great (for me) that they figured it out at the intern level.
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