Accounting & Business Law Internships

Accounting internships facilitate meaningful career progression for accounting graduates. An internship provides the student with an opportunity to extend what they have learned in the classroom and helps them determine which career path in accounting they want to pursue. Performance in an internship can transition into a job offer or it can serve as reference for a full time job application. Many firms will not hire an accounting graduate without an internship.

Accounting internships are available at public accounting firms, large and small private businesses and select governmental agencies. Most internships at public accounting firms are available in spring semester. There are also a limited number of opportunities during the summer. A student who has a part-time job doing accounting-related work may earn internship credits.

If you need help finding an internship please email cobinternships@mnsu.edu or schedule an appointment by calling 507-389-2963.

Internship Qualifications:

1. 120 hours of work is equivalent to three credit hours of internship.

2. The job duties in the position must primarily be accounting or accounting-related (80% or more).

3. The person you report to, or your company mentor, should be in an accounting, or acounting-related field.

Important Note: Email the job description to cobinternships@mnsu.edu if you are unsure whether your internship qualifies or not.

INTERN COMPLETES

1. Letter of Introduction

One-page letter briefly summarizing your background and your internship goals. This letter should be written in a similar format to that of a standard cover letter and be addressed to the Internship Coordinator, Luke Howk.

2. Goals Statement

One-page paper including one paragraph for each goal type below:

  • Personal goals - short-term (within one year) and long-term (five years or more).
  • Career goals - short-term (within one year) and long-term (five years or more).
  • A detailed list of objectives for the internship that identify what you are trying to accomplish by doing an internship.

3. DARS Report

Access your DARS. Copy and paste this document into Word before attaching to your application.

INTERN GATHERS FROM EMPLOYER

4. Job Description

This document lists your duties and the projects you'll work on during your internship.

5. Internship Offer Letter From Employer

Letter should be written on company letterhead and include your start date, end date, and number of hours you'll work each week.

IF REGISTERING FOR CO-OP STATUS, INTERN COMPLETES

6. ACCT 398 - Co-Op status

Complete Co-Op Eligibility Process Form and Agreement - Only required if pursuing co-op status.

[PDF] Click here to learn more about what Co-Op entails. (119 KiB)

Please schedule an appointment by calling 507-389-2963 or email cobinternships@mnsu.edu if you have additional questions about Co-Op status.

Steps for Completing the Co-Op Eligibility Process Form and Agreement

  1. Student needs to print, sign name, and list techID and date
  2. List the start and end date for your internship and the academic term
  3. List the company name and your position
  4. Company supervisor needs to sign and date
  5. Department chair, Dr. Paul Brennan, signs as both department chair and instructor
  6. Once all of these signatures have been provided, please upload this document to your online profile (Click “Add Attachment” at the bottom of the application to upload) - You do not need the registrar's signiture to upload this document to your online profile
  7. The final step is to bring this document to the Registrar's Office and give it directly to Donna Marzolf.

The Registrar's office will keep this document and will make sure you have permission to register for the co-op course.

Obtaining Permission to Register 

1. Log in to your COB Internships account using your StarID and password by clicking the link below.

2. Click the “My Account” tab on the left side of the page.

3. Click the “Exp. Learning” from the drop menu.

4. Click the purple “Add New ” button.

5. Complete all required fields.

6. Click “Add Attachment” at the bottom of the application to upload the required documents.

7. Choose “Save as Draft” if you wish to come back and make changes to the application before submitting it.

8. Click “Submit” once your application is complete.

9. Email your department chair, Dr. Steven Johnson letting him know you submitted your application.

Important Note: If you haven’t received confirmation of your application within one week of submitting your application, please reach out to your department chairperson, Dr. Steven Johnson

 

APPLY NOW

1. Register

ACCT 497 (Up to 6 credits) — Accounting Internship Credit
Satisfies one of the elective courses required by an Accounting major or minor. You will have to pay for these credits like any other class.

ACCT 398 — Accounting Co-Op Status
Zero credit full-time student status. [PDF] Click here to learn more about what Co-Op entails. (119 KiB)

If you have questions about which course to register for please email cobinternships@mnsu.edu

2. Submit Monthly reports

Once you have registered, you must begin submitting monthly reports by the 15th of every month.

Click here to access the monthy report form

How to upload monthly reports:

1. Log into your COB Internship Profile

2. Click "My Account" link on the tab on left, and choose "Exp. Learning" from the dropdown menu.

3. Click "Edit" to update your internship profile.

4. Attach file by clicking "Add Attachment" at bottom of screen.

*Please email cobinternships@mnsu.edu or the Accounting Chairperson, Dr. Steve Johnson if you have updates or concerns you'd like to make the College aware of in between your weekly reports.

Completion of Internship

Before your internship ends, and you are able to receive a passing grade, you must complete the following.

**NOTE You will not receive any information for the internship course on D2L everything will be processed through our internship website.

Monthly Report Forms

Once you have registered, you must begin submitting monthly reports by the 15th of each month.

[PDF] Click here to access the monthly report form (205 KiB)

How to upload monthly reports: 

1. Log into your COB Internship Profile 

2. Click "My Account" link on the tab on left, and choose "Exp. Learning" from the dropdown menu.

3. Click "Edit" to update your internship profile.

4. Attach file by clicking "Add Attachment" at bottom of screen.

*Please email cobinternships@mnsu.edu or the Accounting Department Chairperson, Dr. Paul Brennan

Final Employer Evaluation

    • Your employer will receive an email with a link to the evaluation.
    • This email will go out 3 weeks before the end of the semester, and must be completed before the end of your internship.
    • It is your job as the student to remind your supervisor to complete this evaluation, and if your supervisor needs a new copy of the evaluation link, please email cobinternships@mnsu.edu. Please suggest to your supervisor to check their spam folders.

NOTE: If the semester ends before the end of your internship, you will receive an IP (In Progress) grade until you have completed all of the requirements.

Final Self Evaluation, Program Evaluation, and Semester Report Surveys

    • You can access these surveys as early as 3 weeks before the end of the semester and must be completed before the semester ends, regardless of when your specific internship ends.
    • The surveys can be accessed from the “Experiential Learning” homepage of your account.
    • You must complete all of the surveys before you can receive a final grade.

NOTE: If the semester ends before the end of your internship, you will receive an IP (In Progress) grade until you have completed all of the requirements.

Final Written Paper or ACCT 200 Class Presentation 

 NOTE: If the semester ends before the end of your internship, you will receive an IP (In Progress) grade until you have completed all of the requirements.

If you have any questions you can email Dr. Paul Brennan or cobinternships@mnsu.edu.