Framework of the implementation of “Internship programs” in Eurobank Group
In order to strengthen the active contact with the Academic Community and the connection of the Educational Institutions with the Job market, Eurobank has established the implementation of Internship programs for students, exploiting:
a. the subsidized internship programs of the Greek State graduate,
b. the subsidized 6 months internship programs of the Greek Technological Institutions,
c. the implementation of Eurobank “Summer Internship” for graduate and post graduate students of Greek and International Universities/
The internship programs are implemented through a well-structured methodology in order to maximize the benefits and to promote the Organization’s image in the Job Market. The Units involved supporting this institution have the opportunity to actively engage students in order to enhance their functionality, while providing learning experiences.
Students of Technological Institutions and Universities (Graduate & Post Graduate Programs) Greek and International.
From 2 to 6 months depending on the internship program.
Deion of the “Eurobank Internship” Framework:
1.Structured student evaluation with HR, including focused career counselling discussions.
2.Student evaluation with the business representatives.
3.Targeted engagement of students, in accordance to the business needs, the students’ academic background and their career interests.
a.on the job (systems, procedures, projects, etc).
b.classroom: core banking structure and career opportunities, cv writing & behavioral interviewing skills.
5.Monitoring and evaluation of individual internship programs through:
a.Written evaluation by individual students, for the internship “experience”.
b.Exit interview with HR.
c.Feedback session between the student and his/her business manager for counseling and developmental reasons.
d.Written evaluation by business manager on the students’ overall collaboration/contribution.
e.Annual key performance metrics reporting.
HR and Group Business Divisions
All over Greece where the Organization has presence (and depending on the business needs).
1. nr of students: 259, participated in: 266 internship programs, for: 671 months,
2. 92% of the students whose internship has been concluded in 2014 have rated their internship experience as 4 and 5 (in 5 points rating scale, where 5 “very satisfied” and 4 “satisfied”,
3. Areas developed by the students (feedback from the exit interview): 52% Work Professionalism, 40% Team Spirit, 27% Communication Skills, 19% Planning & Organization.
For the Organization:
1.Employer Branding tool, given that a positive internship experience for a student promotes the Organization’s image in the Job Market.
2.Systematic contact with the Academic Institutions.
3.Keep close contact with the “fresh minds” and the contemporary academic business theories and practices. Young people bring in the Organization fresh ideas, enthusiasm and up to date skills.
4.Fully engage the capabilities of young professional talent in various projects.
5.Maintenance of a pool of potential future candidates
For the students:
1.In depth understanding of the way a working environment operates.
2.Useful working experience for future reference.
3.Opportunities to apply classroom theory to actual work situations.
4.On-the-job training, with the guidance of experienced professionals.
5.Νetworking with professionals.
6.Experience of a selection and evaluation procedure.
In the exit interviews students have noted that through our internship programs they have overall gained professional experience, developed technical and soft skills, strengthened their resumes and marketability, explored potential career paths, assessed their abilities in a well-organized & structured internship program