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Academic Internship information

What are some common challenges faced during an academic internship, and how can interns overcome them?

A common challenge during an academic internship is balancing internship responsibilities with academic coursework, which can sometimes lead to time management struggles. Interns may also find it challenging to adapt to a professional environment, communicate effectively with supervisors, or apply classroom knowledge to real-world projects. Overcoming these challenges involves proactive communication with both academic advisors and workplace mentors, setting clear priorities, and seeking feedback regularly. Many interns find success by creating detailed schedules and being open to learning from mistakes.

What is considered an academic internship?

An academic internship is a work experience program typically offered to students to gain practical skills related to their field of study. It often involves supervised work, may be part of a college or university curriculum, and can include tasks such as research, project assistance, or administrative support, usually during academic breaks or semesters.

What are the key skills and qualifications needed to thrive as an academic intern?

To thrive as an Academic Intern, you generally need strong research, analytical, and organizational skills, often supported by current enrollment in a relevant academic program. Familiarity with research databases, citation management tools, and productivity software like Microsoft Office or Google Workspace is typically required. Effective communication, adaptability, and a proactive attitude are important soft skills that help interns collaborate and learn in academic environments. These skills and qualities are essential for contributing to projects, supporting faculty, and gaining valuable hands-on experience in academia.

What is the difference between Academic Internship vs Research Assistant?

AspectAcademic InternshipResearch Assistant
Required CredentialsTypically enrolled students, sometimes with relevant courseworkOften students or early-career professionals with relevant academic background
Work EnvironmentEducational institutions, labs, or partner organizationsResearch labs, universities, or research institutions
Employer & Industry UsageUniversities, colleges, educational programsAcademic research projects, universities, government agencies
Common Search & Comparison IntentUnderstanding internship opportunities in academiaExploring research assistant roles and responsibilities

Academic internships are primarily educational opportunities for students to gain practical experience, often within their academic institution or partner organizations. Research assistants, on the other hand, are typically involved in supporting specific research projects, often requiring some academic background. While both roles are common in academic settings, internships focus on learning and exposure, whereas research assistant positions involve active research work.

What are the most commonly searched types of Academic jobs in Indiana? The most popular types of Academic jobs in Indiana are:
What cities in Indiana are hiring for Academic Internship jobs? Cities in Indiana with the most Academic Internship job openings:
Academic Internship jobs near you

College Financial Representative, Internship Program

Northwestern Mutual Life Insurance Company

Carmel, IN • On-site

$500/wk

Contractor, Internship

Medical, Life

Re-posted 16 days ago

Northwestern Mutual rating

8.0

Company rating: 8.0 out of 10

Based on 73 frontline employees who took The Breakroom Quiz

163rd of 304 rated insurance

Job description

Overview
College Financial Representatives in the internship program at Northwestern Mutual are provided guidance, connection, and a framework for building an integrated financial planning practice from the ground up. Our college financial representatives, who come from varying academic backgrounds and experiences, begin to build a financial planning practice while engaging local and nationwide experts, exclusive financial products, and the support of a Fortune 500 company. You will have the opportunity to build your confidence, develop a professional network, and help people achieve financial freedom. Here, hard work pays off!
Responsibilities
Our internship program mimics our full-time Financial Representative career, allowing you to:
  • Learn how to prospect and network to build your business and client base
  • Develop and execute on a business strategy
  • Call on potential clients and set meetings to understand their financial goals
  • Prepare plans and offer useful recommendations
  • Gain exposure to proprietary planning software platforms
  • Engage in weekly coaching, training, and development meetings
  • Receive Risk Product State Licensing: Life, Accident, and Health
  • Build life skills that create future career opportunities

As a Northwestern Mutual College Financial Representative, you can expect a flexible schedule to work around your life and your classes. With the option to participate in our internship program year-round, you can continue to grow your practice and obtain support for registrations and certifications such as the Series 6 & 63 or CFP®. Get inspired at local and national recognition events, earn access to leadership programs, and collaborate with experts in our business. In fact, you'll find diverse resources across our culture to ensure that you experience personal and professional growth in this program. With interest, eligible students have an opportunity to interview for a full-time Financial Representative or Advisor role upon graduation.
#LI-Onsite
Qualifications
Are you a fit for this internship?
  • Full-time student; juniors and seniors preferred
  • Entrepreneurial ambitions and curiosity for sales
  • Highly involved on campus (leader, athlete, campus orgs, student government, etc)
  • Excellent time-management skills
  • Interest in financial literacy and planning tools
  • Business savvy and desire to increase critical thinking abilities

Compensation & Benefits
  • Performance-based earnings and revenue
  • Learning and Development Incentives (up to $1000/month, not inclusive of earned commissions)
  • Productivity Bonuses
  • Support for insurance licensing (life, health, DI, LTC)
  • Support for SIE, Series 6, Series 63 registrations (eligibility required)

About Us
For over 165 years, we have helped our clients spend their lives living through comprehensive and innovative financial planning. We combine the expertise of our financial professionals with personalized digital experience and industry-leading products to give our clients the ability to successfully navigate their financial lives.
Our tailored approach includes multiple financial strategies-insurance, investments, and annuities-built to reinforce each other, keeping our clients consistently on track to meet goal after goal. We lead with unmatched financial strength and access to the best products and services for our clients.
Our Financial Representatives and College Financial Representatives are valued partners and proud business owners. As such, they are considered independent contractors1 for income tax purposes, and a "statutory employee" for Federal Insurance Contributions Act (FICA) tax purposes.
As a company, we value an inclusive and belonging workplace where everyone's unique viewpoints bring new successes. We strive to create teams that reflect our customers and communities, fostering an environment where all employees are welcomed, valued, and heard.
Why join Northwestern Mutual
  • Fortune 500 company (2023)
  • Top 100 Internship Programs, Yello x WayUp (2022)
  • 5.0+ million clients and growing2
  • $257 billion retail investment client assets held or managed by Northwestern Mutual3
  • Forbes' Best Employers for Diversity (2018-2021)
  • Unsurpassed financial strength4
  • Best Place to Work for LGBTQ+ Equality- Human Rights Campaign Corporate Equality Index (2015-2021)

1 Northwestern Mutual College Financial Representatives are Independent Contractors whose income is based on production. If offered to apply for approval of an intern contract to become a Northwestern Mutual College Financial Representative, a national criminal background check is required. Should the background check results provide information which would not allow someone to work for Northwestern Mutual, approval to contract will be withdrawn.
2 As of June 30, 2023
3 Combined client assets of NMIS and NMWMC as of June 30, 2023
4 Among U.S. life insurers. Ratings are for The Northwestern Mutual Life Insurance Company and Northwestern Long Term Care Insurance Company, as of the most recent review and report by each rating agency. Ratings as of: 06/23 (Moody's Investors Service), 08/23 (A.M. Best Company), 08/23 (Fitch Ratings), 05/23 (S&P Global Ratings)
Pay Range
USD $500.00 - USD $1,000.00 /Yr.

What Northwestern Mutual employees say

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About Northwestern Mutual

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Northwestern Mutual has been helping families and businesses achieve financial security for over 160 years through a distinctive planning approach that integrates risk management with wealth accumulation, preservation, and distribution. With more than $290 billion in assets, $30 billion in revenues and more than $1.9 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than 4.6 million clients. People are the power behind Northwestern Mutual, and diversity makes us better. We are committed to reflecting and serving the marketplace. We do so by attracting and improving the engagement of those who bring their outstanding perspectives, ideas, and beliefs.

Industry

Finance and insurance

Company size

5,001 - 10,000 Employees

Headquarters location

Milwaukee, WI, US

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