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The world is changing at a rapid pace. Knowledge though important is not the only factor that helps in career success. To set oneself apart it is vital to gain expertise as well. Students have a great way of doing this through internships. An internship can give one a glimpse into corporate life without actually scoring a job.The job market is highly competitive and it is crucial to set yourself apart from the rest of the crowd.Importance of InternshipAn internship can help in many ways, a few of them are listed below -1) Internship is a way to apply knowledge - Internships are a great way to get practical exposure and apply what one studies in the classroom. One acquires a simulation of real-world jobs and learns skills that can be applied after joining the workforce full-time. Only doing something hands-on actually ensures that you learn it. For example, reading about riding a bike doesn't help you actually ride a bike.2) Gaining an edge over the competition - Most students do an MBA/engineering/Masters these days so students have to strive to set themselves apart from the rest. Internships help build confidence and gain some contacts which may help them get a job in the same firm or a different one. An internship can show companies that the student was committed enough to work for a firm while studying.