Abstract: A mandatory internship program for all engineering students studying towards a B.Sc. degree in Electrical and Electronic Engineering at the Academic College for Engineering ORT Braude exposes students to supervised internship in engineering design in industry or research project in academia for at least 1,000 hours. Some 20 years of experience with running the internship program gave us the opportunity to collect data concerning the characteristics of such projects. This study is based on qualitative analyses of interviews with students and their supervisors, observations on final presentations, and document analyses of the students’ project books. This article presents a number of comparative characteristics of engineering design and applicative research internship projects in industry and academia. Additionally, it is shown that internship project contributes to the development and reinforcement of students' professional competencies and personal attributes.