GRA 6548 Internship for Finance

GRA 6548 Internship for Finance

Course code: 
GRA 6548
Department: 
Finance
Credits: 
6
Course coordinator: 
Patrick Konermann
Course name in Norwegian: 
Internship for Finance
Product category: 
Master
Portfolio: 
MSc in Finance
Semester: 
2024 Autumn
Active status: 
Active
Level of study: 
Master
Teaching language: 
English
Course type: 
One semester
Introduction

The internship is an opportunity to work full-time at a company during your studies and gain professional experience. As a participant in the internship programme, you have been selected to work at a specific company based on both what the company is seeking and your Finance specialization. The internship will give you valuable insights into real-world challenges in the broad area of finance and should help you in applying your academic learning toward increasing organizational effectiveness and growth.

Please be aware that while the Internship period typically takes place between May and August, the examination will be held in the autumn semester.

Learning outcomes - Knowledge

At the end of the internship, the student should be able to grasp the specific challenges faced by the company in creating value, relate academic knowledge, and learn how to collaborate in offering solutions and creating new opportunities.

The student at the end of the internship is expected to acquire an understanding as to

  • the practical issues and dilemmas faced by the company on a daily basis
  • the company's position in the value chain, and its competitive edge
  • the management system and organizational structure of the company, and
  • the time and efficiency constraints imposed by competition
Learning outcomes - Skills

The student at the end of the internship is expected to acquire skills in relation to

  • defining and executing tasks under conditions of uncertainty, change and time pressure
  • supporting suggestions for practical solutions with sound argumentation and academic analysis
  • applying theoretical and technical knowledge to specific tasks and problems, and
  • collaborating and working in teams
General Competence

The student, at the end of the internship, should

  • reflect on the complexity of the work environment, the market forces that drive businesses, and how companies create value when facing new opportunities, innovation, and growth.
  • learn how to combine practical with theoretical knowledge in relation to problems, challenges, and improving efficiency.
Course content

Students will work for 8 weeks full-time in a selected company and the tasks are assigned by each company. Students must attend work as agreed upon with the company they are assigned to. After the completion of the internship, the student will write an internship report. Each student is eligible for a maximum of 1.5 hours of supervision.

As part of this course, it is compulsory to participate in a «Prepare for work and career» course. 

The internship may be paid or unpaid.

Teaching and learning activities

The internship is for 8 weeks full-time. A completed and approved internship will give 6 ECTS. The evaluation will be based on an internship report. The students submit a company evaluation together with their report.

In addition to performing the internship tasks and completing the internship report, students are encouraged to attend the internship kick-off seminar and the reflection seminar. Attending the internship report guidance seminar and completing the «Prepare for work and career» course ​is mandatory.

The principal aim of the internship report is to show the student's reflections on what was learned from the internship and the practices encountered, in relation to the knowledge the student acquired during the MSc studies. More specific guidelines on how to write the report will be provided, but in general they should include:

  • general information about the company and the department that the student was assigned to,
  • information about the internship position and the work assignments
  • reflections on the overall professional experience
  • evaluation of the student's strengths and weaknesses in doing the internship, as well as useful lessons for the student's future career
  • reflections on the experience in relation to the academic knowledge acquired during the programme
  • theories, methods, knowledge, or skills acquired in the programme that were useful in carrying out the internship tasks
  • theories, methods, knowledge, or skills acquired in the programme that were NOT USED in the practice of the internship company and that the student thinks should be beneficial for the company to use
  • theories, methods, knowledge, or skills acquired during the internship that the student thinks SHOULD be taught in the program
  • conclusions and main lessons from the internship.
Software tools
No specified computer-based tools are required.
Additional information

Honour Code
Academic honesty and trust are important to all of us as individuals, and represent values that are encouraged and promoted by the honour code system. This is a most significant university tradition. Students are responsible for familiarizing themselves with the ideals of the honour code system, to which the faculty are also deeply committed. Any violation of the honour code will be dealt with in accordance with BI’s procedures for cheating. These issues are a serious matter to everyone associated with the programs at BI and are at the heart of the honour code and academic integrity. If you have any questions about your responsibilities under the honour code, please ask.

Qualifications

All courses in the Masters programme will assume that students have fulfilled the admission requirements for the programme. In addition, courses in second, third and/or fourth semester can have specific prerequisites and will assume that students have followed normal study progression. For double degree and exchange students, please note that equivalent courses are accepted.

Disclaimer

Deviations in teaching and exams may occur if external conditions or unforeseen events call for this.

Required prerequisite knowledge

Participation requires that you have no more than one pending course from your first semester and that your internship does not interfere with any resit exams. You must secure your own internship. See the student portal for detailed practical information.

Assessments
Assessments
Exam category: 
Submission
Form of assessment: 
Submission PDF
Exam/hand-in semester: 
First Semester
Weight: 
100
Grouping: 
Individual
Duration: 
1 Month(s)
Comment: 
The internship report will be due during the autumn semester. Specific guidelines will be provided prior to the internship. Each student is eligible for a maximum of 1.5 hours of supervision.

Students submit a company evaluation together with their internship report.
Exam code: 
GRA 65482
Grading scale: 
Pass/fail
Resit: 
Examination next semester, thereafter when next scheduled course
Type of Assessment: 
Ordinary examination
Total weight: 
100
Sum workload: 
0

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 6 ECTS credits corresponds to a workload of at least 160 hours.