Note: BayCoast Bank has offices throughout the region and headquarters in Swansea, MA. If you are interested in interning in a bank, I suggest you contact the HR department at BayCoast and send them your resume with a cover letter. M. Griffin.
Internships are an investment in everyone’s future
By Nicholas Christ
Fall River Herald News
September 1, 2012
In our line of work, the term “investment” is seen and heard on a regular basis. Beyond the monetary reference, though, there is another form of investment which we view as a high priority as well — the investment in people.
One such investment opportunity is through internship programs.
The value of internships cannot be overstated. There is nothing quite so rewarding as giving people a chance, firsthand, to learn about work in a field where they have shown interest. The right internship opportunity takes over, often, where the classroom leaves off and gives students the chance to apply what they have learned in the “real world.” Equally important, it gives individuals the chance to “test drive” the field in which they are interested.
A case in point: Recently, after opening our newest branch in Westport, we had occasion to learn more about the Westport River Watershed Alliance (WRWA). This organization had been on our radar screen for a while and we were familiar with the good work they are doing to advocate for the environment. One of their needs was funding for two interns committed to the field of science and biology, and we were luckily able to come to their aid. These interns are gaining life experiences through their work that will assist in furthering their career choices.
Beyond the benefit to the student or intern, there are tangible benefits to the organization offering the internship. Companies can often learn as much from their interns as their interns learn from them. The students bring enthusiasm and energy to their work, eager to make good impressions and new connections. They may bring innovative ideas and different perspectives that could benefit the company.
In addition to the increased productivity that comes with the growing manpower, the company has an opportunity to train interns as potential employees before they are hired. The interns also have time to get used to the work, other employees and the environment as a whole. They acquire experience that helps ensure they are ready and qualified for future positions.
Over this summer alone, through our own internship program, BayCoast Bank has hosted a total of 23 interns. It was a new experience for 15 young men and women, while 8 others were returning to the bank for another summer. I think it is very important to give college students an opportunity to work in an office environment. The youth of our community need our help and willingness to supplement their learning experience and prepare them for the work force. It is our responsibility as business leaders to mentor the next generation and aid in their success.
Our bank has a limited number of internship positions available and with the local unemployment rate stubbornly still in the double digits I strongly urge other businesses to consider an investment in internships.
The bank begins accepting applications from potential interns in the months of December and January and all of our positions are usually filled by February or March. The students begin work following the completion of final exams in late spring.
As good corporate citizens we should provide the youth of our area with the chance to learn beyond what college or other schooling provides: a chance to see the work environment up close and personal. In my experience it has been a worthwhile investment from which everyone can benefit.
Nicholas Christ is CEO of BayCoast Bank, www.baycoastbank.com.
