A fellowship is most often given to graduate and postgraduate students. Most students see it as a great opportunity to supplement their classroom learning with the practical experience they’ll need to thrive in their chosen profession.
In contrast, an internship is a way for a student to get work experience while also gaining valuable skills that may be put to use by an employer.
The student will see firsthand the complexities of the working world. The internship serves several purposes, including academic credit and the confirmation of professional ambitions.
Comparison Between Fellowship And Internship
| Parameter | Fellowship | Internship |
|---|---|---|
| Remuneration | The fellows are accountable for their own independent work on the subject matter that they have selected. They are rewarded with a predetermined wage not just for their labor but also for the fellowship period. | When it comes to internships, you may choose between being paid and not getting paid. Hourly earnings are the typical mode of remuneration for paid internships, just as they are for full-time workers and other types of permanent employees. Interns who participate in unpaid internships may, on occasion, get college credit instead of monetary compensation as a kind of recompense for their work. |
| Application | In addition to the normal résumé, fellowship candidates must submit a proposal outlining a particular topic they plan to work on throughout their fellowship. Interns and fellows alike will likely be required to participate in one or more interviews before being offered a post. | Students who are interested in participating in an internship program are required to send in a cover letter, a resume, and an explanation of how their skills and experiences make them a good fit for the position they are applying for, as well as responses to any questions that the sponsoring organization may pose. |
| Eligibility | It is possible to submit an application for a fellowship even if you are only sometimes enrolled in post-graduate school as long as you are a student who is actively enrolled in graduate school. | It is possible for students at any level of their studies to submit applications for internships that are presently being provided. Internships are a great way to get experience in your field of study. Every kid is eligible to participate in this activity. Students who are presently enrolled in programs at the high school level and currently enrolled in programs at the undergraduate level are included in this category. |
| Pool | Although it is feasible for undergraduate students to apply for both internships and fellowships, fellows often have more experience and are farther along in their academic careers at the time of the fellowship application. Most often, fellows are students pursuing advanced degrees such as master’s or doctorate degrees. | Interns are either undergraduate students or students who are currently enrolled in the second year of a master’s degree program that might take up to two years to complete. Internships are typically unpaid. There is a wide range of internships to choose from, some of which are geared specifically at students in their senior year of high school. |
Major Difference Between Fellowship and Internship
What Exactly is Fellowship?
A fellowship is a training program designed to improve a candidate’s public image in their field of expertise. Sponsored by many entities, the initiative assists outstanding individuals who would make valuable additions to any school.
The selection process for a fellowship is typically meritocratic. Research undertaken by the candidate is funded either by an external organization or by the university itself.
The applicant should send a CV and a reference letter demonstrating they have the necessary skills and experience.
Key Difference: Fellowship
- Opportunities to advance one’s education or professional development that may be obtained via the use of fellowships are often of better quality the majority of the time.
- If applicants are given the option to choose their objectives and develop their projects as part of the program, then it is more probable.
- Students who are either already enrolled in graduate school or who are in the process of earning a Ph.D. degree are the ones who will benefit from them the most.
- The individual selected to receive a fellowship will often be awarded monetary aid, such as a grant or a stipend.
What exactly is an Internship?
Essentially, an internship is a trial term of employment a company offers to a prospective employee. Undergraduates are the typical participants, and they stay for anything from a few weeks to a few months to complete the program.
The primary goal is to provide the applicant with real-world application of classroom knowledge in the workplace. It’s supposed to help students advance their careers if they want and connect them with people who may be useful resources.
Key Difference: Internship
- Internships, in most cases, provide participants with job experience appropriate for those just beginning their careers.
- The information and experience gained during college may be used excellently in the real world via participation in an internship.
- The majority of internships provide payment on an hourly basis as the primary form of remuneration.
- In most cases, the length of time spent participating in an internship will not extend beyond one calendar year of a student’s academic career.
Contrast Between Fellowship And Internship
What it means:
- Fellowship- If a student is lucky enough to be awarded a fellowship, they can advance their education by researching a specialized subject of their choosing. This will allow the student to take their studies to the next level.
It offers support to a wide variety of endeavors with the goals of research, advanced academic study, the formation of community-based organizations, the provision of possibilities for occupational discovery, and the delivery of training.
- Internship- A traineeship or internship is an opportunity that is offered to students or trainees who are interested in learning more about a certain business and acquiring additional job experience in that area.
The traineeship or internship may take place in a variety of settings. These opportunities may or may not come with monetary compensation attached to them.
Plus points:
- Fellowship- Participants in a fellowship program can get intensive training, contribute to the applicant’s professional progress, earn extensive work experience, and assist in establishing leadership opportunities.
- Internship- If a student can complete an internship successfully, they may have the opportunity to earn academic credit that may be used toward their overall level of academic performance.
A student has the opportunity to earn academic credit by completing an internship, which not only helps contribute to the building of the student’s portfolio but also gives the student practical experience and assists the student in determining the field of work in which they are most likely to find success, and allows the student to gain new skills.
Time duration:
- Fellowship- There are a wide variety of programs, and each one can offer unique fellowship opportunities.
Depending on the requirements of the organization that is in charge of directing and supervising it, its duration might be anywhere from a few months to many years.
- Internship- Every company has its own idea of what an internship comprises and how it ought to be carried out, and those ideas might vary widely.
In most cases, the length of the time period is anywhere from one month to three months, but depending on the specifics of the situation, it might go on for as long as an entire year.
Some businesses may only participate in this activity part-time, but others may do so nonstop at all hours of the day and night.
Compensation:
- Fellowship- The vast majority of people who submit an application for a fellowship are eligible to earn some monetary compensation, which most often takes the form of a stipend or an allowance. This sort of financial recompense is typically paid out throughout the course of the fellowship.
This is because fellowships are not given out based on a point system but rather on the individual’s level of excellence. Most of those who have applied have met this requirement, indicating they are eligible to participate.
- Internship- Interns are not usually compensated for their job during their internships. This is the case the great majority of the time.
The vast majority of situations fit this description. However, the sort of company in which the applicant would be interested in working is the most important factor to consider when determining whether or not a candidate would be rewarded for their position.
Eligibility criteria:
- Fellowship- Graduate and post-graduate students who are enthusiastic about achieving success in any field of study are encouraged to apply for a fellowship program designed specifically for students at their level of education.
Students who are working on doctorate degrees are often the recipients of this honor, and the choice of recipient is made based on the student’s overall quality.
- Internship- The great majority of participants in internship programs are high school seniors who are in their last year of education.
These participants make up the bulk of interns. On the other hand, recent college graduates are eligible to submit an application for it after finishing their studies since they have met the requirements.
Purpose:
- Fellowship- Fellows specialize in a certain field or project, which they typically suggest for professional growth and a greater understanding of a preferred subject matter. They will do abundant quantities of research, analysis, and discussion of results.
Fellows are provided access to mentors and training as well as instructors and experts who are top in their industry. These are demanding courses that call for total dedication and top-notch performance.
- Internship- Interns often choose a structured internship program. Since interns aim to gain information about potential careers, sectors, and work settings, they may be exposed to a wider range of tasks and experiences.
Depending on the nature of their internship, interns will acquire and use diverse skills and competencies. The nature of the work is often that of a beginner.
Application:
- Fellowship- A applicant must first submit an application that explains their prior working experience to be considered for a fellowship position. In addition to the application, the candidate must also provide a curriculum vitae, letters of reference, transcripts, and examples of their previous work.
When this precondition is satisfied, the candidate’s qualifications for the position will be examined in further detail and given additional consideration.
- Internship- Before even being considered for a position in a program that offers internships, potential applicants must first submit an application that they have filled out and sent in before they can even be considered for the position.
One approach for a business to attract prospective workers who are interested in filling certain roles is for the firm to make the vacant positions publicized on the website of the organization or through the use of other types of media.
Compensation:
- Fellowship- Fellows may receive a stipend if the proposal they submit and the expected length of time it will take to complete the project is deemed to be of sufficient quality to merit such an award.
After an agreement has been struck, the fellow is not obligated to reveal the entire amount of time spent earning the stipend or the number of hours spent doing so.
When applying to more involved or highly competitive programs, fellows may also be eligible for housing and assistance with student loans in certain cases.
- Internship- Interns are often compensated with either an hourly rate or academic credit; in certain cases, they get both forms of payment. They will conduct themselves according to the organization’s general employment policies and procedures.
Frequently Asked Questions (FAqS)
Q1. What kind of work do interns often perform?
It is a learning experience on par with the amount of labor that is involved. The ideal use of an intern’s time is to be spent working on relevant projects, gaining knowledge of the profession, creating contacts within the business, and developing hard and soft skills.
Internships may even result in offers of full-time employment in the future.
Q2. How long does an internship typically last?
A job training program typically finished within ten to twelve weeks or throughout an academic semester is known as an internship.
On the other hand, the length of time they last might range anywhere from a few weeks to a full year. Most people who participate in internships are students in high school or college and other entry-level professionals.
Q3. Do you get paid for your internship?
Although a stipend may only be a small sum for you (the employer), it is quite likely to be the first salary that an intern has ever received, which may be a tremendous confidence booster for her.
This nearly always leads to interns providing their very best effort to do excellent work, creating a situation in which everyone involved comes out ahead.
Q4. What exactly is it that fellowships do?
It is possible for fellowship programs to be designed to provide financial assistance for a variety of endeavors, such as graduate study in a particular field, research to advance work on a specific issue, the development of a new community-based organization or initiative, as well as training and reflection to support the fellow’s personal development.
Q5. Are you able to take on two fellowships at once?
Your specific institution will determine whether or not you are permitted to hold more than one fellowship at a time.
Several will let you hold many fellowships simultaneously, but remember that every institution will look at your whole financial package. If you are awarded a second fellowship, the school may lower the amount of money you get from the first scholarship.
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