2021
DOI: 10.1007/s11162-021-09637-9
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Valuable Experience: How University Internships Affect Graduates’ Income

Abstract: This paper analyzes whether and how attending an internship during tertiary education affects income. We address endogeneity with an IV approach that exploits information regarding whether the internship was a mandatory component of the study. We further address selection into programs with mandatory internship by using the share of mandatory internships at the closest university, exploiting the low mobility of Swiss students. The results show that internships increase graduates’ incomes. We explore potential … Show more

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Cited by 18 publications
(25 citation statements)
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“…Graduate employability has become a global and topical issue among higher education institutions (HEIs), students, employers, policymakers and researchers (Al-shehab and Al-hashimi, 2020; Herbert et al, 2020; Hossain et al, 2019; Joanna, 2014; Okolie et al, 2019). The reason for this increasing interest is that the labour market is highly congested and competitive, and there have been complaints about skills gaps (Bolli et al, 2021; Nghia and Duyen, 2018), with many graduates lacking the required skills for employment (Abbasi et al, 2018; Okolie et al, 2020). As a result many countries, particularly developing countries, have a high rate of graduate unemployment to contend with (Iyortsuun, 2020; Otache et al, 2020).…”
mentioning
confidence: 99%
“…Graduate employability has become a global and topical issue among higher education institutions (HEIs), students, employers, policymakers and researchers (Al-shehab and Al-hashimi, 2020; Herbert et al, 2020; Hossain et al, 2019; Joanna, 2014; Okolie et al, 2019). The reason for this increasing interest is that the labour market is highly congested and competitive, and there have been complaints about skills gaps (Bolli et al, 2021; Nghia and Duyen, 2018), with many graduates lacking the required skills for employment (Abbasi et al, 2018; Okolie et al, 2020). As a result many countries, particularly developing countries, have a high rate of graduate unemployment to contend with (Iyortsuun, 2020; Otache et al, 2020).…”
mentioning
confidence: 99%
“…Magang bertujuan transisi dari masa pendidikan ke tempat kerja dengan baik dengan memberi kesempatan untuk menguji kemampuan, kepercayaan dan sikap yang berkaitan dengan tugas tertentu atau jalur karir sehingga lebih baik dalam menjalankan nya baik dari segi kepercayaan dan kemampuan [2] sehingga mampu untuk menghasilkan produk (pelayanan maupun barang) dengan kualitas baik [3]. Dengan melakukan magang, mahasiswa mempunyai nilai tambahan ketika ingin mendaftar kerja setelah lulus dibandingkan dengan mahasiswa yang belum mempunyai pengalaman magang [4], bahkan pendapatan yang diterima ketika lulus dan mendaftar kerja memiliki kemungkinan pendapatan yang lebih tinggi dibandingkan fresh graduate lainnya [5].…”
Section: Pendahuluanunclassified
“…Por consiguiente, las universidades, con el objetivo de llevar a cabo esa transición, implementan en el plan curricular los convenios con las empresas, para que los alumnos realicen sus pasantías en el último año. De esta forma irán experimentando el trabajo de la vida real, y tendrán una idea de las funciones que podrían realizar y el cómo deben hacerlo (Bolli et al, 2021). Además, a través de ello, los estudiantes ganan experiencia, aspecto que los empleadores consideran importante al momento de contratar (Nunley et al, 2016).…”
Section: Jul-set 2022unclassified