But you'll be paid, anywhere from a few hundred to several thousand dollars per semester. Business, medical and legal students often complete externships in which a professional mentors them as part of their advanced degree. An externship takes place over a few days to a few weeks. These can often lead to full-time internships in the same field. Your experience usually involves a single, in-depth project on which you'll focus for the duration of the externship.
Students often complete a practicum during a semester, and receive school credit for doing so.
Education students may do a practicum as an observation experience in the classroom before becoming a student-teacher. The 1990's have seen a dramatic drop in the unemployment rate, thanks to the rise of the Internet and increased private investing. The unemployment rate currently rests at 4.2 percent. This means that for every 100 Americans over the age of 16 actively seeking employment, only four are unable to find work. All rights reserved.