Knowing theories is not enough to start or build a business. Even simulations and case studies cannot replace actual on the job training. Learning on the job allows students to understand the dos and don’ts in an actual job scenario. Hence internships are a part of the curriculum. All students undertake a summer internship at the end of which they submit a report detailing their learning from the experience.
The point of on job learning is not only to learn the nuances of working in the pressure of a real life work situation but also learn to work in teams, understand the pressures of meeting deadlines, and learn how their decisions affect the results in various business situations.