Economics Internships/Vacation Programs for Singaporean Undergraduates
Known as the “Lion City”, Singapore has become the 14th largest exporter in the world with their economy continuously developing through the years. Singapore has always been known as a financial and high-tech hub, allowing there to be a broad range of internship opportunities for undergraduates in various areas of expertise and find which industries they are interested in. Interns can expect to have the experience of getting a head start opportunity in working in a diverse community when interning in Singapore.
Internships are designed to provide interns the opportunity to get a better understanding and knowledge of the work based on their studies while simultaneously be an assistance for their future employment prospects as well as the ability to build and develop their skills.
Benefits of an Internship
Undertaking an internship provides you with many benefits such as developing your career opportunities and enhancing your studies as well as other benefits including:
- Best way to get a taste of your potential future career
- Puts your theoretical knowledge into practice
- Great addition for your resume
- Build a network of contacts
- Adds diversity to your study program
- Learn more about your strengths and weaknesses
- Develops skills such as communication, teamwork and problem-solving
What to Expect
Economic interns will be able to gain the skills and experience that will assist you when working on projects that encompass financial modelling and planning, management reporting, investor partnership and more. An economics internship can help improve you analytical and technical skills as well as learn the terminology and practices of the workplace. As an economic intern, you could find yourself working in areas that include1:
- Economics (macroeconomics and microeconomics)
- Public governance and territorial development
- Corporate operative services (budget and finance, communications and PR, etc.)
- Tax policy and administration
- Development co-operation
- Employment, labour and social affairs
- Financial and enterprise affairs
Microeconomics studies the behaviour of basic elements in the economic such as individual agents and markets, their interactions and the results of those interactions while macroeconomics studies the entire economy as a whole and the issues that affect it, including the unemployment of resources, inflation, economics growth, and the public policies that deliver these issues.
A degree in economics can lead you to you’ll be qualified to apply for any number of jobs including accountant, actuary, mortgage loan officer, cost analyst financial research and many more. With the addition of an internship, you’ll have the experience to be ready and prepared for the right job. Similar to the various career choices, students also have the opportunity to apply for any number of internships in different fields of economics such as:
- Customer service
- International trade specialist
- Business manager
- Data analyst
- Systems administrator
- PR assistants etc.
Singapore has become the centre of international business and trade and if you have interest in international business, economic development in Southeast Asia, or the government and governance structures’ impact on the economic output, an internship in Singapore would be the perfect opportunity for students to gain an insight to the growing Asian markets.
1 Career Development and Consulting, Economics Internship, 2015