Master of International Business Internship for Credit
Program Overview
MIB Internship for Credit Program
The Master of International Business (MIB) Internship for Credit offers employers access to talented, globally-minded students for 4-month, full-time, paid internships. Students come directly into the program from a business undergraduate degree, with previous internship experience. Students return to school after the internship and are supported throughout by the Smith Career Advancement Centre (CAC) and the MIB office.
Employer Responsibilities & Process
Recruitment Phase
- Post roles anytime from September onwards
- Peak posting periods:
- Winter Internships (Jan–May 2026): Post August–October, Offers accepted by November 15, 2025
- Summer Internships (May–Aug 2026): Post September–March, Offers accepted by March 30, 2026
- Internships must run for a minimum of 10 weeks, comply with local labour standards and be paid
Offer Phase
- Include the following in offer letters:
- Candidate name & job ID/title
- Start/end dates
- Salary & benefits
- Location & work schedule
- Offer deadline & any changes to the job description
Agreement Phase
Upon student acceptance, the Experiential Learning Placement Agreement will be provided to formalize the internship for credit and confirm tax credit eligibility.
Internship Phase
As an employer, you agree to:
- Compensate interns fairly ($25–$35/hr typical)
- Provide training, mentorship, and a safe, inclusive work environment
- Structure responsibilities in alignment with initial job posting
- Evaluate intern performance mid-term and end-of-term (evaluation contributes to student grade)
- Communicate promptly any concerns or issues to both the student and MIB Office
Tax Credit Eligibility
Ontario employers may qualify for the Co-operative Education Tax Credit. A confirmation letter verifying the student's internship will be provided upon request.
Support from Smith School of Business
- Ongoing employer support from recruitment through internship completion
- The Career Advancement Centre handles job postings, interview coordination if needed, and promotion
- Students prepared through tailored workshops and advising
