Internships for the Paseka School of Business

  • Internships provide outstanding opportunities for students or new graduates to work in a professional environment, learn new skills and help their employers complete challenging projects.

    You will gain valuable, real-world experience and explore careers that match your academic and personal interests. This practical experience reinforces a commitment to the profession, helps you narrow a career path and elevates your professional ethics and values.

    Internships may be credit or non-credit bearing; paid or unpaid; full time or part time; taken for a short duration or over the course of a year. While not required, approximately one-third of our students complete an internship, which often proves to be valuable and dynamic learning experiences. Many employers consider internships during the hiring process, and often look to their own interns as the best candidates for full-time positions.

    This is what you will gain by participating in a professional internship:  

    • Developing professional skills in teamwork, time management and interpersonal communication.
    • Gaining insight into the business field and narrowing a career path.
    • Integrating knowledge gained in the classroom with a growing understanding of the work environment.
    • Building professional networking contacts and mentoring relationships.
    • Acquiring experience and skills to enhance personal growth and self-confidence.
    • Sharing real-world work experiences with other students.
    • Growing into a viable, marketable job applicant when seeking full-time employment.

  • Benefits to Student

    • Students will acquire experience and skills that will enhance their personal growth and development.
    • Theoretical classroom learning becomes more legitimized as the student is offered the opportunity to develop an understanding of the relationship which exists among the partners in the Internship Program: the student, the employer and the educational institution.
    • Students will be able to experience different types of jobs. This experience will not only increase self confidence but, most importantly, will help the student decide a career path.
    • Students bring information back to the classroom and provide feedback in real life case studies in the classroom.
    • Depending on the work term placement, the student may be provided with the opportunity to travel.
        

    Employer Benefits and Opportunities

    • Employers are offered an opportunity to establish an important link with the University and become involved in the educational process.
    • Employers have access to bright, ambitious, hard working and highly motivated students who are a source of year-round temporary help. They provide fresh ideas and enthusiasm to the company.
    • Employers are provided an opportunity to recruit, select and train staff for permanent employment and reduce the time and cost of recruiting.
    • Employers benefit through the opportunity to establish and strengthen links between the classroom and the business community. This relationship can enhance company profiles.
    • Employers are provided with an opportunity to utilize internship students as an integral component of business strategy which could enable the employer to meet and exceed business goals, improve quality, improve productivity and lower costs.
    1. Read the Internship Program Guidelines.
    2. Apply for and successfully be selected for an internship. Strategies:
      • Watch for emails from the PSB on internship opportunities
      • Work with the campus Career Development Center
      • Contact employers of interest to you/watch their website
       
    3. Schedule an appointment with:
      Jane L. Pettinger, SPHR
      Experiential Learning Coordinator
      Center for Business Room 206
      pettinger@mnstate.edu
      Phone: 218.477.4694
        
    4. Complete the Internship Agreement form with your internship employer/supervisor.
    5. Print your Academic Record and resume to be turned in with the Agreement.
    6. Obtain a copy of the position description for your internship employer/supervisor to be turned in with the Agreement:
      • Internship Agreement
      • Academic Record/Transcript
      • Resume
      • Position Description
       
    7. Submit the completed Internship Application and Agreement paperwork as listed above to the Experiential Learning Coordinator.
    8. Once an override has been processed, register for Academic Credit

    Upon beginning your internship:

    • The student intern will submit a typed daily journal which will include a description of activities and insights gained.
    • Participate in a midterm evaluation and a final evaluation of your work.
    • The student will write an analytical paper at the conclusion of the internship describing the overall experience and an analysis of how the learning objectives were accomplished. The student will be provided detailed instructions about the content and format of this paper. Required Outline for Analytical Paper
    • Submit a final paper according to the schedule agreed upon with the Internship Coordinator
        

    Internship Supervisor

    • The intern supervisor will submit a written evaluation at midterm. The form will be provided by the internship coordinator.
    • The intern supervisor will submit a written evaluation at the conclusion of the internship. The form will be provided by the internship coordinator.

    Current internship opportunities are emailed to all Paseka School of Business students as they become available.

    Additional internships can be found at DragonJobs.

    Program Purpose

    The objective of the internship program is to provide students who possess the necessary academic credentials an opportunity to receive supervised practical experience in accounting while obtaining credit toward graduation. Although many of our students find and have some sort of employment during their college years, this internship program is designed to offer a more challenging type of experience related to the student's career interest.

    Getting Started

    The initiative for establishing an internship may come from the business firm or governmental agency, a faculty member or a student. Each firm wishing to participate in the internship program must submit a description of what supervised training will be provided to the intern. The internship must be a new work experience for the student and must be approved in writing by the Paseka School of Business Internship Coordinator. Existing jobs do not quality unless there is a significant change in duties performed.

    NOTE - Internships in family businesses are discouraged.

    Internship applicants should attempt to schedule their internships in such a way that they will have at least one academic term remaining after the internship is completed.

    Student Eligibility

    Students must meet the following criteria for internship credit:

    1. Internships must be approved in advance of the student starting the internship. Internship credit will not be granted for work experience obtained prior to the approval the Internship Application by the Paseka School of Business Internship Coordinator.
    2. A student must be admitted into the Paseka School of Business
    3. Accounting: Must have completed the following MSUM accounting courses: Acct 330: Intermediate I and one additional 300 level accounting course.
    4. A student must possess other knowledge, skills, and academic preparation specified by the employer. For example, some internships may require knowledge of one or more of the following: Intermediate Accounting, Cost Accounting, Tax, Audit or specific software packages. Internships will be approved for credit only in those instances in which the Paseka School of Business Internship Coordinator believes that the student possesses the expected knowledge and skills.
    5. An accounting major who has met the requirements to graduate, but is pursuing 150 semester hours, is eligible to take an internship for credit. To be eligible for internship credits, the intern must enroll and complete the internship prior to the last day of final exams in the term in which the student wishes to graduate. The intern specifically understands that if he or she graduates before the internship is completed, the internship coordinator will not approve the internship credits for work performed after the last day of final exams.
    6. Existing jobs do not qualify unless there is a significant change in duties performed.
    7. The Department Chairperson and Internship Coordinator may waive any of the above eligibility requirements under extenuating circumstances.
        

    Granting of Credit and Grading

    1. Each applicant for the internship program may apply for 1 - 12 semester hours of credit although only three semester hours may be applied toward the completion of any particular major. The balance of the academic credit applied for and earned shall be counted as "free electives". A total of 40 hours of supervised internship training are required for each hour of credit granted.
    2. The internship must be a minimum of ten weeks in length.
    3. A grade of "IP" (work in progress) will be assigned until the following requirements are completed:
      1. At the conclusion of the internship, each firm shall furnish the Internship Coordinator with a meaningful evaluation of the intern's work performance.
      2. Each intern must submit a written analytical report relating the responsibilities of the internship to knowledge acquired in the classroom.
      3. Each intern will submit a daily journal which will include a description of activities, insights gained and hours worked that day.
       
    4. Grading will be pass/no credit. Requirements must be met for all credits for which the intern registers. Interns may not withdraw from a portion of the internship.
        

    Compensation

    Some interns will be compensated by the firm for activities performed, but need not be at a rate commensurate with that of a regular employee. However, an intern is free to accept a non-paid position.

    For Further Information

    Contact the Experiential Learning Coordinator:
    Jane L. Pettinger
    Experiential Learning Coordinator
    Center for Business Room 206
    Phone: 218.477.4694
    pettinger@mnstate.edu

    Program Purpose

    The objective of the internship program is to provide students who possess the necessary academic credentials an opportunity to receive supervised practical experience in accounting while obtaining credit toward graduation. Although many of our students find and have some sort of employment during their college years, this internship program is designed to offer a more challenging type of experience related to the student's career interest.

    Getting Started

    The initiative for establishing an internship training site may come from the business firm or governmental agency, a faculty member or a student. Each firm wishing to participate in the internship program must submit a program stating what training will be provided to the intern. This program must be approved by the department chairperson and internship coordinator.

    NOTE - Internships in family businesses are discouraged.

    Student Eligibility

    Students must meet the following criteria, in order to be considered for the internship program:

    1. Internships must be approved in advance of the student starting the internship. Internship credit will not be granted for work experience obtained prior to the approval the Internship Application by the Paseka School of Business Internship Coordinator. 
    2. A student must be admitted into the Paseka School of Business.
    3. Finance: Must have completed 6 credits in MSUM finance courses beyond Finc 340.
      Management: Must have completed 6 credits in MSUM management courses beyond Mgmt 360.
      Marketing: Must have completed 6 credits in MSUM marketing courses beyond Mktg 310.
      International Business: Must have completed 6 credits in MSUM international business courses (Mktg 444, Mgmt 458, Finc 445, Econ 425, Econ 300).
      Business Administration: Must have completed 6 credits of MSUM business courses beyond Mgmt 360.
    4. Each applicant for the internship program shall attempt to schedule his/her internship in such a way that he/she shall have at least one full semester (16 semester hours) remaining at the completion of the program. This is strongly suggested but not required.
    5. The Department Chairperson and Internship Coordinator may waive any of the above eligibility requirements under extenuating circumstances.

    Granting of Credit and Grading

    1. Each applicant for the internship program may apply for 1 - 12 semester hours of credit although only three semester hours may be applied toward the completion of any particular major. The balance of the academic credit applied for and earned shall be counted as "free electives". A total of 40 hours of supervised internship training are required for each hour of credit granted.
    2. The internship must be a minimum of ten weeks in length.
    3. A grade of "IP" (work in progress) will be assigned until the following requirements are completed:
      1. At the conclusion of the internship, each firm shall furnish the Internship Coordinator with a meaningful evaluation of the intern's work performance.
      2. Each intern must submit a written analytical report relating the responsibilities of the internship to knowledge acquired in the classroom.
      3. Each intern will submit a daily journal which will include a description of activities, insights gained and hours worked that day.
       
    4. Grading will be pass/no credit. Requirements must be met for all credits for which the intern registers. Interns may not withdraw from a portion of the internship.

    Compensation

    Some interns will be compensated by the firm for activities performed, but need not be at a rate commensurate with that of a regular employee. However, an intern is free to accept a non-paid position.

    For Further Information

    Contact the Experiential Learning Coordinator:
    Jane L. Pettinger
    Center for Business Room 206
    Phone: 218.477.4694
    Email:pettinger@mnstate.edu

    Over the past four years, accounting students in the Paseka School of Business have had internships in these locations. Many of these internships are located in the Fargo-Moorhead area.

    Not all of these internships were for pay, but the range for paid accounting internships was $8.50 - $19.00 with the average being $13.50.

    Eide Bailly Lake Region Healthcare G & S Staffing Services
    Clinical Supplies Management Tax Pros/Nameniuk & Co. Cargill
    John Deere Electronic Solutions Ottertail Corporation Kelsch, Kriz & Associates
    Jostens Discovery Benefits Goeson & Goeson PA
    Summit Sand & Gravel Theodore Roosevelt Medora Foundation Accounting for Success
    Superior Industries Park Region Telephone Company Liberty Tax Service
    Mahoney Ulbrich Christiansen Russ FMI Management & Accounting Solutions Bell State Bank & Trust
    Appareo Systems Brady Martz & Associates David Nameniuk, CPA
    DFC Consultants TMI Hospitality JD & Associates, LTD
    Northern Lights Trollwood Performing Arts School RDO Equipment
    Widmer Roel Hintermesiter Schultz & Sletmoen, PLLP Wanzek Construction
    CF Financial Management US Bank Gate City Bank

    Previous Business Administration Internship Sponsors

    Over the past four years, business administration students in the Paseka School of Business have had internships in these locations. Many of these internships are located in the Fargo-Moorhead area.

    Not all of these internships were for pay, but the range for paid business administration internships was $8.00 - $15.25 with the average being $12.00.

    MSUM - IT Sodexo Gate City Bank
    Campus Entertainment Aflac Allegis Corporation
    Goldmark Propery Management INREIT Management, LLC Park Company Realtors
    State Farm Insurance American Red Cross Doosan Info & Communications America
    American Family Insurance Dahmes Stainless Farmer's Union Insurance
    Walt's/Floor to Ceiling Minnwest Bank Central Drayton Foods LLC
    Lake Traverse Resort, LLC CCRI (Creative Care for Reaching Independence) MSUM Athletics
    Sagency LCC Dragon Athletics Indigo Signworks
    Ovation Networks    

    Previous Finance Internship Sponsors

    Over the past four years, finance students in the Paseka School of Business have had internships in these locations. Many of these internships are located in the Fargo-Moorhead area.

    Not all of these internships were for pay, but the range for paid finance internships was $9.75 - $19.00 with the average being $12.50.

    BlackRidge Financial Cornerstone Bank Northwestern Bank
    Border States Electric Kinetic Leasing Preference Personnel
    United Way of Cass Clay F & M Bank Minnesota Wells Fargo
    Country Financial Gate City Bank Menards
    Lutheran Social Services Ultima Bank New York Life
    US Bank RDO Equipment Co United Savings Credit Union
    Western State Bank Choice Financial Group  

    Previous Marketing Internship Sponsors

    Over the past four years, marketing students in the Paseka School of Business have had internships in these locations. Many of these internships are located in the Fargo-Moorhead area.

    Not all of these internships were for pay, but the range for paid marketing internships was $8.00 - $13.00 with the average being $9.25.

    MSUM Athletics Arvato Digital Services LLC David's Bridal
    Enterprise Rent-A-Car Fargo Force Fargo Park District
    FM Spotlight Historical and Cultural Society of Clay County Fargo Running Company
    Motherhood Maternity Auto-Owners Insurance Fargo-Moorhead Redhawks
    Ortonville Area Health Services O’Day Equipment Dog I.D.’s
    TNT Training Valley Premier Bank Menards
    Avenue Right, Inc. American Red Cross Peterson Farms Seed