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FINI619 Internship Report finance FAQs Shared by Fuad Hasan
Question: Have I selected the correct course option for myself?
Answer: We have divided our students into two categories i.e. On Job Students and Regular students (who are not on job) On Job Students: are required to select the course “Final Project” Regular Students: are required to select the course “Internship Report”.

Question: If I have selected a wrong option then what am I supposed to do?
Answer: If you have mistakenly selected the wrong option, change your course immediately by sending an e-mail at course_selection@vu.edu.pk.

Question: Is Internship compulsory for all students?
Answer: Yes, Internship is compulsory for all students, although it is a non credit activity.

Question: What is the objective of doing internship?
Answer: Internship helps students in developing the skills to apply theoretical concepts onto practical work situations. Moreover, it provides an opportunity to test their aptitude in a particular field prior to starting a job on permanent basis.

Question: How many credit hours this course has?
Answer: This course carries 3 credit hours.

Question: What is the duration required for internship?
Answer: The acceptable duration for internship is 6-8 weeks.

Question: Is it necessary that Internship should be according to my area of specialization?
Answer: Yes, it is necessary that you must do your internship according to your area of specialization.

Question: If I have already completed my Internship, am I required to do it again?
Answer: As per rule, your internship will be considered valid if it fulfills the following requirements: • It is done after 3rd semester. • It is done after selection of area of specialization • It covers the time span of 6-8 weeks • Relevant to area of specialization

Question: How can I get the Internship Reference Letter (IRL)?
Answer: Once you find the organization willing to offer you internship, you may send the request for the issuance of Internship Reference Letter (IRL), only if it is required by the organization. You are required to download the Request Form for the issuance of IRL, fill in the required information and send it to your course instructor at Fini619@vu.edu.pk. Make sure to provide accurate information against ALL the required fields as per instructions because incomplete and/or incorrect request forms will NOT be processed. The Request Form for the issuance of IRL is available in Announcement as well as in the Downloads section of the course VULMS.

Question: Can the internship reference letter be issued after the due date mentioned in semester calendar?
Answer: The internship reference letters be issued after the due date as per semester calendar. However, in such a case the student may not be able to meet the next deadline given for submission of internship completion certificate and evaluation form as well as internship report. Thus the students will be required to enroll the course (fini619) in next semester for the submission of internship completion certificate, evaluation form and internship report only. Their internship program will be accepted subject to the acceptance of the relevant above mentioned documents by the Documents Evaluation Committee.

Question: What is the purpose of internship Evaluation Form? How is it distinguished from internship certificate?
Answer: Evaluation form reflects the feedback of the internship supervisor about your performance during the internship period. You may download it from VULMS; take a print of it and get it filled by the internship supervisor in the organization. The completed evaluation form is required to be dispatched directly to VU by the internship supervisor, duly signed and stamped, in a sealed envelope. Internship certificate is a separate document that the organization (where you do the internship) awards you at the completion of the internship period. It is evidence that you have done the internship with the particular organization. www.vuzs.info

Question: What is a Job Leaving Certificate?
Answer: It is a certificate to be issued, duly signed and stamped by your previous employer, stating that you have left the organization w.e.f. the mentioned date.

Question: What information a Job Leaving Certificate must include?
Answer: The Job leaving certificate must include the following information: • It must be on original letter head of the organization. • The issuance date of the letter must be mentioned • Your date of leaving the organization • Last position held. • Signed and stamped by the last employer/person authorized • Name and designation of the person issuing the letter

Question: Who is required to provide a Job Leaving Certificate?
Answer: Only those students are required to provide their Job Leaving Certificates who were on job and had submitted their Job Confirmation Letter in the previous semester. Now they have left their jobs and are required to do internship.

Question: What is Internship Completion Certificate?
Answer: It is a certificate to be issued, duly signed and stamped by the organization’s authority, stating that you have completed your internship in the organization.

Question: What information an Internship Completion Certificate must include?
Answer: The Internship Completion Certificate must include following information: • It must be on original letter head of the organization. • The issuance date of the letter must be mentioned • Your date of joining and completion of internship in the organization • Signed and stamped by the authorized person. • Name and designation of the person issuing the letter

Question: At what address should I dispatch my Internship Completion Certificate?
Answer: You are required to send us your Internship Completion Certificate at the address; Instructor Fini619, Department of Management Sciences, Virtual University of Pakistan, M.A. Jinnah campus, Defence road off Raiwind road, Lahore. UAN:(042 111-880-880

Question: What information should be mentioned on the envelope?
Answer: You must provide following information on the envelope so that your letter reaches the right person: • Your name and VU ID • Semester

Question: How can an overseas student submit his/her internship completion certificate?
Answer: Overseas student’s internship completion certificate is required to be submitted in soft copy (scanned) sent directly at the course ID (fini619@vu.edu.pk) from the official e-mail ID of the current employer or the authorized person.

Question: Shall I get any credit of Internship Completion Certificate?
Answer: You will Not be given any credit for providing Internship Completion Certificate.

Question: What if I fail to submit a valid internship certificate as per due date?
Answer: If you do not submit a valid internship completion certificate as per due date, your presentation shall NOT be called in current semester; thus your result will be declared as F (Absent) and eventually you will have to re-enroll this course in next semester.

Question: What kind of organization should I choose for internship?
Answer: You must select a recognized and registered organization for internship having proper structure i.e. proper division of departments and operations etc. You can select any bank, business firm or any type of organization in which you can utilize your management skills according to your area of specialization.

Question: What should be considered while selecting an organization for internship?
Answer: It would be better to select an organization where you could learn something related to your area of specialization. This eventually will help you in learning and especially while writing the internship report.

Question: Will I search the organization for Internship myself, or university will provide any assistance in this regard?
Answer: You are required to select the organization yourself; University will only provide the reference letter to you in the name of concerned person in the organization.

Question: When will the Internship program start?
Answer: You can start your Internship program any time during the semester but you must complete it before the deadlines displayed on semester calendar uploaded on VULMS. It is advised to start searching for internship immediately after commencement of your semester so that you can complete internship and submit your written work before the due date.

Question: What if I have failed the written work (internship report) in current semester?
Answer: You are required to re-enroll this course in next semester and re-submit the written work (internship report) after making improvements according to the Instructor’s comments on the evaluated and uploaded file.

Question: Should I do internship again in next semester after failure in the current course?
Answer: No, you are NOT required to do internship again unless your internship program has been rejected for any reason.

Question: What will be the format of internship report?
Answer: The format of Internship report is uploaded on VULMS of FINI619.

Question: Will any sample internship report be provided to us?
Answer: No. Sample Internship report will not be provided to the students. You are required to follow the format uploaded on VULMS to write your Internship report.

Question: How can I count the number of words of my internship report in a Word Document?
Answer: Select Properties from menu, in Statistics you can see the number of words your file has.

Question: Can I submit internship report, which has already been submitted by another student?
Answer: No, you cannot submit any Internship report which has already been submitted by anyone else. If you do so, your internship report will be rejected and your result will be declared as ‘Fail’.

Question: What if two or more students get internship in the same organization at a same time?
Answer: It does not matter. Two or more than two students can simultaneously do internship in the same organization.

Question: What if more than one student doing internship at the same time in the same organization jointly write internship report?
Answer: Such reports will be declared copied and hence will be rejected. However, in such cases, every student will be expected to produce his/her own work and make sure that reports are not the same/identical.

Question: Can I provide the material copied from websites, books, journals or any other sources?
Answer: No, you cannot provide copied material from any source. Copied work will be rejected without any consideration and your result will be declared as ‘Fail’.

Question: What is plagiarism?
Answer: Plagiarism is a crime against intellectual property. It means to provide other authors’ work by your own name which is against research ethics and comes under the act of plagiarism. The university reserves the right to cancel the degree of such students even if it is found out afterwards.

Question: When and where am I required to submit my Internship report?
Answer: You are required to submit your Internship report at the completion of your internship. You are required to submit the soft copy of your internship report to your concerned Instructor through VULMS against the link of Assignment by the due date as per semester calendar           vusz

Question: Who will be called for presentation & viva voce?
Answer: Only those students will be called for presentation & viva voce who will pass the written work.

Question: Where would I be called for presentation & viva voce?
Answer: Students can be called at Lahore for presentation and viva voce. However, the students living in other cities will be scheduled at designated centers near to their residential addresses provided to the university.

Question: How would I get call for presentation & viva-voce?
Answer: Call for presentation & viva-voce will be sent at your VU e-mail ID. It will include date, time and venue of presentation & viva-voce.

Question: What is the confirmation e-mail for presentation & viva voce and what information should it include?
Answer: Confirmation e-mail for presentation & viva voce is required to be sent at the course e-mail ID (Fini619@vu.edu.pk) in response to the call for presentation & viva voce prior to the date of presentation. The purpose is to assure your presence in the presentation & viva voce on the scheduled date, time and venue. You are required to provide your postal address along with contact number in the confirmation e-mail for the receipt of job confirmation letter or any other document by post. www.vuzs.info

Question: How should I prepare myself for viva voce session?
Answer: Basically, you are required to defend your work during the viva voce session. Make sure that you should have: • Full grasp over your internship report • A sound knowledge of your area of specialization.

Question: What should be the medium of communication in presentation & viva voce?
Answer: Medium of communication should be English.

Question: How can I carry my data (PPTs) for presentation & viva-voce to the venue of presentation?
Answer: You are required to bring your PPTs in the USB/Flash drive. You are also required to upload your PPTs on VULMS against the relevant assignment as well as send the same to the concerned Instructor at fini619@vu.edu.pk.

Question: Is it possible to re-schedule the presentation & viva voce if I am unable to come on the scheduled date?
Answer: No. Presentation & viva voce shall NOT be re-scheduled in any case.

Question: What if I do not appear in the presentation & viva voce without prior intimation to the Instructor?
Answer: In this case, your result will be declared as F (Absent) and eventually you will have to re-enroll this course in next semester. vuzs

Question: Will there be any lectures of this course on Channels of VU?
Answer: Lectures of this course will neither be broadcasted on TV nor they will be available on CDs.

Question: Are there any handouts of this course?
Answer: No, there would NOT be any handouts, instead students will be required to follow the instructions/ guidelines, formats (templates), provided on VULMS.

Question: Will there be any MDBs for this course?
Answer: Yes, MDB will be opened for this course where you can send your course related queries there.

Question: If I have already completed my Internship but could not pass the internship report/course in the previous semester, am I required to do internship again?
Answer: Your internship will be acceptable IF your Internship Completion Certificate & Evaluation Form are accepted by the Documents Evaluation Committee previously. In that case you are required to complete the course work only (internship report and presentation & viva voce). www.vuzs.info

Question: What are the requirements of an internship program?
Answer: Internship must be done according to the mentioned requirements: • In between 6-8 weeks internship duration in an organization • The organization must be recognized/ registered having proper departmentalization • Preferably according to area of specialization • Must be done during regular working hours of the organization

Question: May I submit the same internship report as submitted by me in current semester if I enroll the same course in next semester?
Answer: Yes, you may submit the same internship report in next semester if you had been passed in written work in previous semester. In such case, you are required to upload the same evaluated report on course VULMS against relevant assignment within due date. However, it is advised to submit the updated report in accordance with the latest format and instructions.

Question: What is the mode of presentation & viva voce for overseas students?
Answer: The presentation & viva voce of overseas students will be arranged via Web Cam Conferencing.

Question: What are the Evaluation Criteria of the course?
Answer: Evaluation of the course FINI619: Internship Report is based on pass/fail criteria. Marks have NOT been allocated to any submission or activity and no grade point of this course will be added to the CGPA. However, as it is a compulsory course, therefore, it is necessary to pass this course to fulfill the requirements of the degree program.

Question: What are the criteria for passing the written work? 
Answer: The criteria for passing the written work are as follows: • Following the specified format, guidelines and instructions as uploaded on the VULMS as well as given by the Instructor • Providing relevant and accurate information • Providing complete and pertinent analysis of the data collected • Fulfilling justified requirements of internship report

Question: What are the criteria for passing the presentation & viva voce?
Answer: The evaluation of presentation & viva voce will be based on the following: • Defense of the written work • Power Point Slides (contents, formatting etc.) • Presentation and communication skills

 

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