21 Australian students complete 'corporate internships' in Mumbai

Image
IANS Mumbai
Last Updated : Jul 26 2017 | 1:43 PM IST

A batch of 21 undergraduates from an Australian university participated in a unique 21-day corporate internship programme with top companies based in Mumbai, an official said here on Wednesday.

Hailing from the University of New South Wales' School of Business, the students worked with companies like TCS, Wespac, CitiBank, Flexiloans and the UNSW's India Team.

The corporate internship programme was implemented under the 'Colombo Plan', first proposed in 1949 by Indian diplomat K.M. Panikkar, through which developing countries could avail academic and training opportunities abroad.

Broken up in different teams, the 21 interns were given a problem that they had to intensively examine and provide a solution for.

"This was an extra-ordinary two-way win-win relationship, which not only provided the students an insight into Mumbai with its wonderfully varied cultural heritage where tradition and modernity coexist in harmony but also to get an exposure into corporate thinking in the thriving financial capital of Mumbai," said a spokesperson.

Simultaneously, the Mumbai-based companies were able to engage intensively with the students coming from the Australian Business School.

Interestingly, the majority of students were visiting India for the first time and many harboured misgivings on what to expect based on second-hand information.

It was extraordinary to notice the shift in perception and the openness with which the students spoke of their experience during their exposure in Mumbai over a three-week period.

Without exception, all the students said that they were keen to return and explore India further, which is considered as a major achievement of the internship programme.

A few years ago, the Australian government -- one of the donor-participants in the programme -- shifted the recipients to Australian under-graduates.

This offered them an opportunity to study and undertake internships in the Indo-Pacific region and help strengthen Australia's multicultural engagement.

The New Colombo Plan, as Canberra termed it, has since emerged as a signature public diplomacy initiative of the Australian government to deepen its relationships in the region, both at the individual level and through expanding educational, business and other links, said the spokesperson.

--IANS

qn/in/vt

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 26 2017 | 1:32 PM IST

Next Story