Infosys' global internship program called InStep has been highly ranked in several categories in the 2020 Internship Rankings by career intelligence organisation Vault.com.
InStep was ranked top in categories including ‘overall intership' ‘tech and engineering, ‘diversity, ‘compensation and benefits', and ‘quality of life'. The internship program also ranked second in the ‘career development' category.
"Being recognised as the best overall internship program globally for the second year in a row, underscores our commitment to offer exceptional learning experience to the young talent. This recognition by Vault is gratifying as it is the voice of our interns that has earned us this recognition,” says Infosys chief operating officer Pravin Rao.
Infosys explains that InStep is a fully paid international internship program that offers interns an opportunity to work on projects across business units and corporate functions.
Interns with various backgrounds work on real-time STEM and business projects in digital technologies including artificial intelligence (AI), big data, cloud computing, machine learning and Industry 4.0.
The company says 2019 marked a year of program strengthening by mapping mentors, buddies, and internship coordinators to help over 250 graduate and post-graduate students from 35 nationalities. The company adds that this is a 90% increase from last year's 130 interns, who are part of an 'engaging learning experience'.
Vault is a resource for employer, university, and internship program rankings, ratings and insights that are sourced from directed surveys of professionals and students.
To determine rankings, Vault surveyed nearly 14,000 current and former interns from more than 130 internship programs for the rankings.
The study asked interns to rate their internship experiences in six areas: quality of life, fulltime employment prospects, compensation and benefits, diversity, career development, and interview process.
"This year, we expanded our Best Overall Internship Rankings from 50 to 100. Infosys' InStep internship program held the top spot for the second year in a row. All aspects of the InStep internship received rave reviews from Infosys interns,” say Vault editors.
To more accurately rank internship programs based on the feedback from the interns about what they value most in an internship, Vault's 100 Best Internships Ranking is based on the following formula: 30% career development, 20% employment prospects, 20% quality of life, 20% compensation, 5% overall diversity, and 5% interview process.
Infosys works with clients across 46 countries to manage digital transformation. The company leverages an AI-powered core and agile digital at scale do deliver performance and customer satisfaction.