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About Credit-Bearing Internships

How Do We Define an Internship?

All internships offered to UB students must meet the following criteria:

Supervision

You provide a skilled supervisor, with professional expertise corresponding to the internship concentration, who guides the student intern and is consistently involved in their professional development.

Project Work

Your internship includes a clearly defined project with tangible deliverables and an appropriate level of challenge. It also presents a professional opportunity for students to apply classroom theory to real-world issues. No more than 20 percent of the intern’s work can be clerical.

Learning

Internships are primarily offered as learning experiences and must include learning objectives (i.e. by the end of the internship, what will your student intern have learned?). Students cannot be treated as consultants hired solely to provide a service to your organization.

How Does NACE Define an Internship?

NACE is the National Association of Colleges and Employers. Review this timely Position Statement on U.S. Internships for information regarding unpaid internships, Department of Labor guidelines and easy to follow criteria for building your internship program.

Where to Begin

1. Register: If you feel your internship position already meets our criteria, register your company and yourself as a contact using BizLink. You will have the opportunity to post your position at that time. BizLink is an exclusive recruiting tool shared by the Credit-Bearing Internship Program and the Career Resource Center. Only UB School of Management students use BizLink.

2. Resources: Complete and send us the Internship Description Guide so that we may assist you.

3. Help: Contact us by email at mgt-cbip@buffalo.edu or telephone at 716-645-3233 to discuss your needs. Internship Concentration Areas UB students seek internships closely aligned with their concentration areas.

Undergraduate Concentrations

Accounting (BS Degree Program)
Business Administration
Financial Analysis
General Management
Human Resources Management
Information Assurance
International Business Management
Information Systems
Marketing Operations and Supply Management

MBA Concentrations

Accounting
Finance
Global Services and Supply Management
Information Assurance
Information Systems and E-Business
International Management
Management Consulting
Marketing Management
Supply Chains and Operations
Management Workforce Management (HR)

MS Concentrations

Accounting
Finance Management
Information Systems
Supply Chains and Operations

Pay Rates and Incentives

We live in a competitive world, even with respect to attracting qualified student interns. CBIP encourages employers to offer pay to student interns. Rates for undergraduate students range from $10 to $12 per hour, and for graduate students, $15 to $25 per hour.

If your company is unable to pay wages, you may consider providing alternative incentives to attract the most talented students. For example, many employers reimburse students for transportation or other costs associated with the internship. Alternative incentives may include the following:

Stipends

We do not encourage or support the notion of stipends for interns unless performance measures are approved through your HR department and clearly detailed to the student at the beginning of the internship. Stipends cannot be offered on a simple "based on performance" statement. If your company prefers to offer a stipend, it must be calculated to at least match minimum wage per hour worked. You may not fall below minimum wage per hour even in the case of a stipend. Most stipends are offered at a much higher rate.