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Summer Internship Programme (SIP)

RCM College, Bhubaneswar, India
Write up on Summer Internship Programme (SIP) Cell
The R…C…M…A… has a vibrant SIP Cell which inducts students into a 2 month’s project work with the Industry. The Cell is lead by Prof. Sushant Nanda, an alumnus of Symbiosis Institute of business Management with over three decades of rich experience in Industry and academia. The team is supported by Mr. Sudhir Kumar Sahoo, Mr. Malaya Das and Ms. Narmada Nayak.
During the second trimester the students are briefed about the importance of SIP and it’s relevance to the Industry. The students are divided on the basis of their locational preferences and the verticalsin which they wish to work (like Marketing, Finance, HR etc.).
We have close to 200 organizations who participate in our SIP and on an average a student gets two options to choose from. After the logistics of organization, place and verticals are finalized, a thorough analysis of the domain of project is analyzed at micro level and a faculty guide (whose research expertise relates to the same) is attached. The faculties guide around 10 students each during the summer vacation. They not only guide about the research methodology but also during the entire process of data collection, analysis and interpretations. Liasioning with Industry guide is also done by the faculties so that the research leads to definite problem solving or strategic decision making from the Industry’s point of view.
After completion of the project, approval is sought from the industry guide (who certifies the same) and a presentation is made before committee comprising of Internal as well as External Faculties. The evaluation is completed as a whole. Many of the students also get PPOs for doing outstanding work during the SIP.
As a part of developing industry-institute interface, RCM organizes Summer Internship Programme to the students of MBA, MBA (Tourism), PGDM and MCA. There is a full fledged SIP Cell in RCM headed by an experienced professor and assisted by other senior staff members. The SIP cell interacts with different industries, corporate houses well in advance and obtains their consent to accommodate our students for SIP during May-June every year. Students are given a wide choice for selecting the industry, place of training and the topic in which they would like to take up the project work. All faculty members are assigned about ten students to work under their guidance. They visit the industry, discuss with the company executives to finalize the scope and other dimensions of the project work. Back home the faculty members thoroughly guide students regarding problem identification collection of data analyzing and interpreting the data to arrive at viable solution and implementable suggestions. They students also interact with company guides and appraise them regarding their progress in SIP from time to time. On completion of the project, the students prepare presentations under the direct supervising the faculty guide and present the same for evaluation.
RCM has gained substantive advantage in this process of industry interaction and the corporate houses are more inclined to take our students for final placement based on the good work done by our students during SIP.
Industries where our students are placed for SIP:
FMCG and Consumer Durables
Several FMCG and consumer durable companies exhibit interest to provide Summer Internship training to our students. The companies include ITC, Nestle, Pane Agro, Colgate Palmolive, Johnson & Johnson, Coca-cola and students have taken keen interest to study the organizational issues and after making a thorough analysis have been able to provide valuable suggestion for implementation in the company.
Banking Insurance and Finance:
Banks, Insurance companies and other financial institutions have showed their interest to take RCM students for SIP. Our students have made impressive performance during their summer internship and have been able to provide valuable solution to some of their key issues. The organization include ICICI Bank, Yes Bank, Axis Bank, HDFC Bank etc.
Manufacturing Industries:
The students of RCM under the able guidance of faculty members have done excellent projects in manufacturing sectors. They have worked in Finance, Marketing and HR areas and brought out several insights for them. The manufacturing companies include Maheshwary Ispat, Kurl – on, Scan Steels, Mahindra Tractor, Orissa Cement, Visa Steel. Our students are also immensely benefitted by undertake SIP in the above mentioned companies.
Power Sector Industries:
Over the years RCM has also been a preference of private and public sector industries for offering SIP to the students. Faculty members of RCM are in constant interaction with power sector industries for understanding their organizational issues and bring out useful solutions for their problem through the SIP of our students. Industries like NTPC, TTPS, NALCO, OCL, Manikaran Power, after SIP regularly to our institute and the institute also desire lot of advantage from such industry-institute interaction.
RCM firmly believes that students can gain hands on experience from industries by being exposed to the industry and corporate environment, interacting with their employees understanding their strength and issues and trying to come out with implementable solutions. They get lot of confidence in understanding the professional realities and that helps them to do well in campus interviews.
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