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The FedUni Journal of Higher Education :
Legal Issues and Concerns of Internship in India
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Internship programs are the most important part of modern education. The basic idea of internship program is to fill the gap between theory and practice by sending the students to the real workplace. The benefits of internship are enormous. But internship also has its other side. The other side is of legal aspects. Any ignorance or unawareness of legal issues and concerns may spoil the career of a student, image of the university, relationship between the corporate and university. These issues may cause problems in personal and professional life of different stakeholders of internship. Even though there have not been any separate legal guideline/law on internship in India, there are many legal issues at real workplace, supposed to be followed by an intern. The key stakeholders of an internship program are the intern, the university, and the employer/company. This paper discusses the legal issues which are likely to be encountered by these stakeholders during internship in the context of India. It also discusses some protective measures.

 
 

Internship programs are the most important part of modern education. However, it is not a new concept and practice in the education system. As Henry et al. (1988) documented that academic internship programs were first implemented in the Accounting Department of the University of Cineinnati in 1906. Thus, internship as a part of education system was started a century ago. The basic idea of internship program is to fill the gap between theory and practice by sending students to the real workplace. This program need theoretical background before going on internship and again after internship, students (interns) go through the academic program to synthesize theory and practice.

Coco (2000) reported that in 1980, only one intern out of 36 graduates completed internship, while in 2000, out of four graduates three completed internship. The reasons can be attributed to the increasing importance of professional degrees and the benefits derived by these programs. For a program/policy to continue, there is a need to find out the benefits received from it. Therefore, there have been numerous researches on internship programs. Cook et al. (2004) studied a sample of 351 interns from 12 different colleges and universities. The author found that internship drives positive learning experience for interns as well as many positive results for university and business. If students perform well during internship, then university gains credibility in the corporate world and their relation becomes stronger and closer. Scott (1992) found that students feel that internships is the best way to examine a particular job by experiencing day-to-day responsibilities during internship. Gault et al. (2000) reported that internships helps business students in finding out jobs quickly with higher starting salary and higher level of job satisfaction. According to Clithero and Levenson (1986), the student internship is a "mutually beneficial experience" for the student, the business school and the employer.

 
 

Higher Education Journal, Internship Programs, Business School, Industrial Employment, Intellectual Property Rights, Consumer Protection, Insurance Regulatory and Development Authority, IRDA, Capital Markets, Monetary Transactions, Company Assets, Cash Transactions.