
U of Delaware Creates Yearlong Co-Ops for Business Students
More colleges and universities are seeking ways to embed work-based learning into the student experience, ensuring graduates are prepared to tackle their first job.
The University of Delaware’s Lerner College of Business and Economics received a grant in January from the Delaware Workforce Development Board to create yearlong employment opportunities for current students, connecting them with businesses across the state that are interested in hiring local talent. Program leaders say the goal is to provide deeper learning opportunities for students and create a talent pipeline for the region.
State of play: Delaware has the second-highest rate of brain drain in the U.S., just behind North Dakota, meaning the state educates more workers than it retains and attracts.
“We want to keep homegrown talent here in Delaware after they graduate,” said Scott Malfitano, chair of the Delaware Workforce Development Board, in a press release. “We also want to keep those students who come from out of state to Delaware here when they see the wonderful opportunities that are available.”
Part of the challenge is that companies in Delaware compete for talent with employers in nearby regions including Washington, D.C.; Philadelphia; and New York, Malfitano said. “We want [students] to see the opportunities that are here, and they’ll find out that businesses are hungry and they want to keep the talent here.”
How it works: The Lerner Co-Op program launched in January. The university’s career center solicited businesses in the region to host co-op participants and opened a form for students to apply. In the spring, companies provided job descriptions, and students submitted applications before being selected for interviews by the employers.
The co-op officially started in June, when students began their full-time summer internships, working 40 hours per week. Since classes started back up in the fall, students continue to work up to 20 hours per week, which they will do until next spring.
“A lot of our students tend to intern in the summer for eight to 10 weeks, which is great, but we wanted for them to have a much longer experience to build their résumé, build their networks and make money,” Jill Panté, director of Lerner career services, said in a January press release.
Grant funding was used to hire a program coordinator to oversee the co-op, including posting positions, scheduling interviews and assisting with the offer process, Panté said.
The impact: For the initial cohort, 25 students were placed with 21 employers, including WSFS Bank, JPMorgan Chase, 2L Race Services, the Siegfried Group and DuPont. Student roles include business operations, event coordination and data product solutions.
Feedback from participants, collected in surveys and blog posts, showed that continuing the work beyond the summer has been productive for both students and employers. Employers get more work done, and students expand their learning experiences and benefit from longer-term mentors who provide career advice and support during the program.
Looking ahead, the university hopes to grow the program to 50 companies in the next year, allowing additional students to participate.
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