BRIDGING THE GAP: IMPLEMENTING INTERNSHIPS IN UNDERGRADUATE ACCOUNTING EDUCATION AMIDST REGIONAL AND INFRASTRUCTURAL CONSTRAINTS UNDER NEP

Abstract

The National Education Policy (NEP) emphasises on the crucial role of internships in undergraduate education, aiming to blend theoretical learning with practical experience. In the context of accounting education, this initiative seeks to equip students with essential real-world skills and a comprehensive understanding of evolving business practices. However, the successful integration of internships faces considerable hurdles, particularly due to limitations in academic infrastructure. The rise of technology-driven business models, digital markets, and changes in financial systems necessitates a restructured accounting curriculum that balances theoretical instruction with experiential learning. Securing internship placements for a large student base presents a formidable challenge, especially in regions with limited opportunities. Additionally, the demands of the Choice Based Credit System (CBCS) and semester-based examination patterns pose further obstacles to embedding internships within the academic schedule. Socio-economic factors also compel many students to prioritize low-paying jobs over regular coursework, making internships inaccessible, especially when internship providers demand apprenticeship fees. This paper addresses these challenges through a case study of the Asansol-Raniganj area in Paschim Bardhaman, West Bengal. Using data collected from stakeholders via structured questionnaires, the study offers targeted recommendations for improving the implementation of internship programs in accounting education in this region.