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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 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 workforce ...
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Internship (medicine)
A medical 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 internship is not necessarily completed in a hospital at the same state as the graduate's medical school. Brazil In Brazil, medical school consists of six years or twelve semesters. The final two years (or one and a half years, depending on the University in question) are the internship. During this time, stu ...
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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 explore ...
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American Psychological Association
The American Psychological Association (APA) is the largest scientific and professional organization of psychologists in the United States, with over 133,000 members, including scientists, educators, clinicians, consultants, and students. It has 54 divisions—interest groups for different subspecialties of psychology or topical areas. The APA has an annual budget of around $115 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 mentally ill, IQ testing, sexual orientation change efforts, and gender equality. Governance APA is a corporation chartered in the District of Columbia. 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's president is elected by the membership. The president chair ...
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Cooperative Education
Cooperative education (or co-operative education) is a structured method of combining classroom-based education with practical work experience. A cooperative education experience, commonly known as a "co-op", provides academic credit for structured job experience, and is taking on new importance in helping young people to make the school-to-work transition. It falls under the umbrella of work-integrated learning (alongside internships, service learning and clinical placements) but is distinct, as it alternates a school term with a work term in a structured manner, involves a partnership between the academic institution and the employer, and generally is both paid and intended to advance the education of the student. University of Waterloo operates the largest post-secondary co-op program in the world, with nearly 20,000 co-op students enrolled over three semesters in more than 120 programs. Schneider's foundations While at Lehigh University at the beginning of the 20th cent ...
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Externship
Externships are experiential learning opportunities, similar to internships, provided by partnerships between educational institutions and employers to give students practical experiences in their field of study. In medicine, it may refer to a visiting physician who is not part of the regular staff. In law, it usually refers to rigorous legal work opportunities undertaken by law students for law school credit, similar to that of a junior attorney. It is derived from Latin '' externus'' and from English '' -ship''. The term ''externship'' has a first known use date of 1945 in the Merriam-Webster dictionary. Advantages Externships are often viewed as job shadowing since externs are closely supervised by employee volunteers who agree to walk them through day-to-day routines at the company or organization. They can be viewed as external studies which combine classroom knowledge with real-world experience. This knowledge prepares students for the transition from school to career. Th ...
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Apprenticeships
Apprenticeship is a system for training a new generation of practitioners of a trade or profession with on-the-job training and often some accompanying study (classroom work and reading). Apprenticeships can 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 ...
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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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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. Intern ...
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Apprenticeships
Apprenticeship is a system for training a new generation of practitioners of a trade or profession with on-the-job training and often some accompanying study (classroom work and reading). Apprenticeships can 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 ...
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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 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)" and "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 benefits such as accreditation, instruction, food, and/or accommodation. Some graduate schools ...
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Investment Banking
Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. 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 ...
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Curricular Practical Training
Curricular Practical Training (CPT) is temporary employment authorization for F-1 visa non-immigrant foreign students in the United States while enrolled in a college-level degree program. CPT permission is granted through the institution's International Students Office or equivalent upon approval of advisor, pursuant to regulations established by United States Citizenship and Immigration Services."Practical Training"
(ICE)


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