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Internship
An internship is a period of work experience offered by an organization for a limited period of time. Once confined to medical graduates, internship is used to practice for a wide range of placements in businesses, non-profit organizations and government agencies. They are typically undertaken by students and graduates looking to gain relevant skills and experience in a particular field. Employers benefit from these placements because they often recruit employees from their best interns, who have known capabilities, thus saving time and money in the long run. Internships are usually arranged by third-party organizations that recruit interns on behalf of industry groups. Rules vary from country to country about when interns should be regarded as employees. The system can be open to exploitation by unscrupulous employers. Internships for professional careers are similar in some ways. Similar to internships, apprenticeships transition students from vocational school into the workfo ...
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Internship (medicine)
A medical (or surgical) intern is a physician in training who has completed medical school and has a medical degree, but does not yet have a license to practice medicine unsupervised. Medical education generally ends with a period of practical training similar to internship, but the way the overall program of academic and practical medical training is structured differs depending upon the country, as does the terminology used (see medical education and medical school for further details). Australia In Australia, medical graduates must complete one year in an accredited hospital post before they receive full registration. This year of conditional registration is called the intern year. An Medical education in Australia#Internship, internship is not necessarily completed in a hospital at the same state as the graduate's medical school. Austria In Austria, the sixth and final year of medical school is called "Klinisch-praktisches Jahr" or "KPJ" (literally translated: clinical practi ...
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Virtual Internship
A virtual internship is a work experience program where the participant (intern) gains experience while working in a remote professional setting and is not physically present at the job location. Virtual interns communicate with their employer online through various means including email, Skype, WhatsApp, instant messaging, phone conversations, webinars, project management tools, SMS messaging, etc. Virtual internships are undertaken by both students and graduates, usually some form of white-collar work, often within fields suitable to remote work such as information technology, media, creative arts, or public relations. According to career experts, although virtual internships are currently rare, they are growing in popularity due to improving technology and the growth of social media. A rise has been reported in virtual internships — most of which are unpaid — especially from small ventures and start ups seeking additional help. Larger companies are also starting to expl ...
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American Psychological Association
The American Psychological Association (APA) is the main professional organization of psychologists in the United States, and the largest psychological association in the world. It has over 170,000 members, including scientists, educators, clinicians, consultants, and students. It has 54 divisions, which function as interest groups for different subspecialties of psychology or topical areas. The APA has an annual budget of nearly $135 million. Profile The APA has task forces that issue policy statements on various matters of social importance, including abortion, human rights, the welfare of detainees, human trafficking, the rights of the Mental disorder, mentally ill, IQ testing, sexual orientation change efforts, and gender equality. Governance APA is a corporation chartered in Washington, D.C. APA's bylaws describe structural components that serve as a system of checks and balances to ensure democratic process. The organizational entities include: * APA President. The APA pr ...
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Sandwich Course
A sandwich degree, or sandwich course, is an academic degree or higher education course (also known as tertiary education) involving practical work experience in addition to academic study. The work experience is often referred as an industrial placement or internship. Many universities offer sandwich degrees. Definition In the United Kingdom, a thick sandwich degree is either a four-year undergraduate course as part of a bachelor's degree, or a five-year postgraduate course as part of a master's degree, and involves a placement year or internship in industry, that is, a sandwich year, normally after the second year at university. A thin sandwich degree involves multiple shorter placement or internship periods rather than an unbroken year. Similar types of degrees or courses are offered in other countries, particularly France and other Francophone countries. Placement years are often offered by industrial companies as a route to recruiting graduate employees. History The conc ...
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Apprenticeships
Apprenticeship is a system for training a potential new practitioners of a trade or profession with on-the-job training and often some accompanying study. Apprenticeships may also enable practitioners to gain a license to practice in a regulated occupation. Most of their training is done while working for an employer who helps the apprentices learn their trade or profession, in exchange for their continued labor for an agreed period after they have achieved measurable competencies. Apprenticeship lengths vary significantly across sectors, professions, roles and cultures. In some cases, people who successfully complete an apprenticeship can reach the " journeyman" or professional certification level of competence. In other cases, they can be offered a permanent job at the company that provided the placement. Although the formal boundaries and terminology of the apprentice/journeyman/master system often do not extend outside guilds and trade unions, the concept of on-the-job trai ...
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Intern Architect
An intern architect or architectural intern is a person who is working professionally in the field of architecture in preparation for registration or licensure as an architect. An intern need not have attained a professional degree in architecture to begin accruing experience hours, but said degree is a prerequisite for licensure. In the United States, Canada, and other countries, an intern architect is enrolled in a regulated program, such as the Intern Development Program (IDP) in the United States or the Intern Architect Program (IAP) in Canada, while working under the supervision of a licensed architect and preparing for professional registration exams. The use of the title "architect" (or any derivation thereof) is legally protected in the United States, Canada, and other countries. Most U.S. states and all Canadian provinces, however, allow the use of the terms "intern architect" or "architectural intern" for a person enrolled in an architectural internship program. Inte ...
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Stipend
A stipend is a regular fixed sum of money paid for services or to defray expenses, such as for scholarship, internship, or apprenticeship. It is often distinct from an income or a salary because it does not necessarily represent payment for work performed; instead it represents a payment that enables somebody to be exempt partly or wholly from waged or salaried employment in order to undertake a role that is normally unpaid or voluntary, or which cannot be measured in terms of a task (e.g. members of the clergy). A paid judge in an English or Welsh magistrates' court (England and Wales), magistrates' court was formerly termed a "stipendiary magistrate", as distinct from the unpaid "lay magistrates". In 2000, these were respectively renamed "district judge (magistrates courts), district judge" and "Magistrate (England and Wales), magistrate". Stipends are usually lower than would be expected as a permanent salary for similar work. This is because the stipend is complemented by other ...
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Investment Banking
Investment banking is an advisory-based financial service for institutional investors, corporations, governments, and similar clients. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by underwriting or acting as the client's agent in the issuance of debt or equity securities. An investment bank may also assist companies involved in mergers and acquisitions (M&A) and provide ancillary services such as market making, trading of derivatives and equity securities FICC services (fixed income instruments, currencies, and commodities) or research (macroeconomic, credit or equity research). Most investment banks maintain prime brokerage and asset management departments in conjunction with their investment research businesses. As an industry, it is broken up into the Bulge Bracket (upper tier), Middle Market (mid-level businesses), and boutique market (specialized businesses). Unlike commercial banks and retail banks, inves ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The UK includes the island of Great Britain, the north-eastern part of the island of Ireland, and most of List of islands of the United Kingdom, the smaller islands within the British Isles, covering . Northern Ireland shares Republic of Ireland–United Kingdom border, a land border with the Republic of Ireland; otherwise, the UK is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. It maintains sovereignty over the British Overseas Territories, which are located across various oceans and seas globally. The UK had an estimated population of over 68.2 million people in 2023. The capital and largest city of both England and the UK is London. The cities o ...
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Mentorship
Mentorship is the patronage, influence, guidance, or direction given by a mentor. A mentor is someone who teaches or gives help and advice to a less experienced and often younger person. In an organizational setting, a mentor influences the personal and professional growth of a mentee. Most traditional mentorships involve having senior employees mentor more junior employees, but mentors do not necessarily have to be more senior than the people they mentor. What matters is that mentors have experience that others can learn from. According to the Business Dictionary, a mentor is a senior or more experienced person who is assigned to function as an advisor, counsellor, or guide to a junior or trainee. The mentor is responsible for offering help and feedback to the person under their supervision. A mentor's role, according to this definition, is to use their experience to help a junior employee by supporting them in their work and career, providing comments on their work, and, most cr ...
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Finance
Finance refers to monetary resources and to the study and Academic discipline, discipline of money, currency, assets and Liability (financial accounting), liabilities. As a subject of study, is a field of Business administration, Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into Personal finance, personal, Corporate finance, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as Currency, currencies, loans, Bond (finance), bonds, Share (finance), shares, stocks, Option (finance), options, Futures contract, futures, etc. Assets can also be banked, Investment, invested, and Insurance, insured to maximize value and minimize loss. In practice, Financial risk, risks are always present in any financial action and entities. Due ...
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Scotland
Scotland is a Countries of the United Kingdom, country that is part of the United Kingdom. It contains nearly one-third of the United Kingdom's land area, consisting of the northern part of the island of Great Britain and more than 790 adjacent Islands of Scotland, islands, principally in the archipelagos of the Hebrides and the Northern Isles. To the south-east, Scotland has its Anglo-Scottish border, only land border, which is long and shared with England; the country is surrounded by the Atlantic Ocean to the north and west, the North Sea to the north-east and east, and the Irish Sea to the south. The population in 2022 was 5,439,842. Edinburgh is the capital and Glasgow is the most populous of the cities of Scotland. The Kingdom of Scotland emerged as an independent sovereign state in the 9th century. In 1603, James VI succeeded to the thrones of Kingdom of England, England and Kingdom of Ireland, Ireland, forming a personal union of the Union of the Crowns, three kingdo ...
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