Get a student of Financial Management and Services as an intern
New ideas | New angles | New knowledge
With an intern you can get actual tasks done and at the same time meet a nearly graduated Financial Management and Services student, who has the skills to plan and carry out tasks within their speciality: financial management, property management, real estate, insurance or banking.
With an internship you get:
- help solving tasks in the company
- the opportunity to try out a prospective employee in practice
- the opportunity to provide a student with valuable practical experience.
Most Financial Management and Services’ students write their Bachelor project for the company during their internship. A Bachelor project is a good opportunity for your company to clarify a particular area e.g., implement a specific analysis or get an extra resource for a current development task.
What type of work can you expect an intern to carry out?
A bachelor in Financial Management and Services can, for example, help an accountant with the following tasks:
- Audit vouchers according to the company’s voucher instruction
- Balancing cash and bank accounts
- Audit income statement accounts
- Calculate and post depreciations
- Calculate and post accruals
- Prepare balance of account to trade debtors
- Balancing creditors and intercompany accounts
- Prepare general ledger
- Prepare annual accounts for smaller companies
- Inventory count and valuation
- Posting of vouchers
- Prepare VAT accounts
- Prepare tax accounts
A bachelor in Financial Management and Services can, for example, help a finance department with the following tasks:
- Budget follow-up on products, product categories, countries, distributors and sellers
- Assess product – and customer profitability
- Establish performance measures by using KPIs
- Posting of the vouchers
- Benchmarking on products, product categories, countries, distributors and sellers
- Bank reconciliation
- Management of creditors
- Management of debtors
- Financial and cash flow management
- Vat accounts
- Prepare statistics and interpretation of these
Planning of the internship period
The cooperative relationship between the student and the company will of course vary from company to company. What is important is a positive and ambitious attitude towards the cooperation from both parties.
We have compiled some good advice that will help you as well as the student to benefit as much as possible from the internship.
- Student and company adjust expectations prior to the internship period. This involves tasks to be performed, working hours and other expectations to ensure mutually satisfactory cooperation.
- Always feel free to contact the student’s internship counsellor at the Academy for inspiration, information or advice concerning the internship. The student is completing an internship in order to learn. Make sure you provide a good mixture of tasks of both a challenging and also a more routine-based nature. Some are able to handle a lot of responsibility from day one, others need a more careful dosage.
- It is recommended to link the student to one or more contacts throughout the internship, individuals who can help guide, inspire and motivate the student.
- Think about and discuss what a good subject could be for the student’s final exam project. Some agree on the subject at an early stage, whereas others wait until they know each other a little better.
- Introduce the student to the entire company, look at the intern as a ‘fully accepted’ member of the team.
- Be proactive – talk to the student or the Academy if something is not quite as expected.
The student, the company and Business Academy Aarhus will sign an internship agreement prior to the internship.
To ensure the right match between students and companies, we have compiled a list of requirements to internship companies (pdf)
When and for how long?
The internship starts in August and lasts five months.
It is from the students’ 5th semester.
Get an intern for free
As the internship is a part of the Financial Management and Services programme, your company is not obliged to pay a salary to the intern.
The company is allowed to give the student a ‘token’ payment of up to 3000 DKK per month.
Subsidies for transport, rent and a phone, which the student can document are related to the internship, can be given without affecting the student's educational grant (SU).
Declaration of secrecy
A student who becomes aware of trade secrets during his/her internship may not share or use this information without prior approval as stipulated in the Commercial Secrets Act, §4. Business Academy Aarhus employees and external co-examiners who are involved with internships are also covered by §4 of the Commercial Secrets Act, just as they have a duty of confidentiality pursuant to Chapter 8, Section §27 of the Public Administration Act.
If the internship takes place in a company in Denmark, the student is covered by the act on worker's compensation (lov om arbejdsskadesikring), cf. Ministerial Order no.185 from 23 February 2017, and by the act on liability for damages (lov om erstatningsansvar).
It is therefore the internship company’s responsibility to insure the intern, just as all other employees are insured. Associations and sole proprietors are also covered by the duty to insure, even if you don’t have any other employees.
If the internship takes place in a company outside of Denmark, then it is the student's responsibility to examine and assess whether he or she can be covered by the company's insurance policies. In cases where the student is not covered by the company's insurance, the student must ensure that they have any necessary insurance.
Facts about the programme
The Financial Management and Services Bachelor programme is a 3 ½-year higher education programme, which qualifies the student to work with specialised tasks within real estate, property management, auditing, insurance or in a bank.
The students acquire knowledge of financial, legal and social conditions in relation to work in the aforementioned industries and are able to continue their studies with a Master’s degree in Business Economics.
How to get an intern
You can find an intern by placing an advert in our job portal
It’s free, and your advert will be available to all students who are looking for an internship company.
In the advert, explain what tasks you want solved and what expectations you have to the student’s competencies and personal profile.
Here are some examples of companies that have had students in an internship from Financial Management and Services.
If you have any questions, you are always welcome to contact us.