An internship can be an exciting part of your education that supplements your academic knowledge, promotes personal development, and provides professional preparation. While on an internship, you can learn more about your chosen profession, meet new people, and gain self-confidence. Having an internship will also aid your job search as many companies use an internship to pre-screen prospective employees.
An accounting/finance internship is a part-time or full-time work experience. Many full-time internships are completed during the summer, or during tax season the spring semester. Part-time internships are often completed while taking classes.
Most accounting and finance internships are paid experiences with salary and benefits determined by the employer.
You may take an internship for academic credit or elect to have it recorded on your university transcript as a non-credit learning experience. Internships taken for credit may be used to satisfy accounting or finance degree requirements.
What interns do
- Participated in internal financial and operational audits for corporations, state and federal agencies, and nonprofit organizations
- Helped prepare audit working papers and reports
- Prepared state and federal corporate and individual income tax returns
- Computed contingent liabilities, reserves, and long-term debt requirements
- Accumulated accounts payable and receivable information
- Developed spreadsheets and other applications using a personal computer
- Helped develop accounting and financial policies
- Helped develop analysis of manufactured products
Recent placements of accounting and finance interns
- American Express
- American Family Insurance
- Baker Tilly
- Cascades Tissue Group
- Citizens Community Credit Union
- Clifton Larson Allen, LLP
- Deloitte and Touche
- Federated Insurance
- Leinenkugel Brewing Co.
- Marshfield Clinic
- MayoHealth Systems
- National Presto Industries, Inc.
- Northwestern Mutual
- Prudential Securities
- Securian Financial Group
- Sentry Insurance
- State Farm Insurance
- State of Wisconsin Audit Bureau
- SVA CPA
- U.S. Bancorp
- UW-Eau Claire Foundation
- Wells Fargo
Frequently Asked Questions
Full-time internship questions
If I will be interning full-time, what is the maximum accounting internship credits I can sign up for in one semester?
For a full-time internship, how many hours must I intern to earn 1-credit?
You must intern 45 hours for each credit
If I will be interning while taking other classes, what is the maximum accounting internship credits I can sign up for in one semester?
This is considered a part-time internship since you are also taking other courses. The maximum accounting internship credits you can sign up for are 3-credits. For every 1 credit you must intern 90 hours; therefore to earn 3 credits you must intern 270 hours in total
What is the maximum number of accounting internship credits I can earn?
What requirements do my internship credits satisfy?
Five internship credits (ACCT 495) can be used towards the 8 required accounting elective credits
What courses are pre-requisites to taking an internship for credit?
To take ACCT 495 for credit you must have taken ACCT 301
How do I sign up?
How do I sign up for accounting internship credit?
Go to eforms1.uwec.edu, login, click on Start New Forms, in the Select Department dropdown menu select Accounting and Finance, then click on the Accounting and Finance Internship Application. You must include your internship offer letter or email, and your degree audit.
When should I submit my accounting internship e-form?
The internship e-form can be submitted one week prior to registration for courses during that semester.
When can I expect to hear back if my internship was approved?
Once your e-form is submitted you can expect to hear back within 5-business days.
ACCT 495 registration questions
When and how will I be notified about permission to register for ACCT 495?
Within 5 business days after you have submitted your e-form, you will receive an email indicating that you have permission to register for ACCT 495.
If I am not doing ACCT 495 for the full 12 credits, is there anything else I need to do in order to be considered a full-time student?
You will need to fill out a full-time equivalency e-form which is located in the e-forms under Registration and Records.