What to do after graduating:
[Image of a person thinking] While thinking about your options after university you might see words like: GRADUATE SCHEME, GRAD PROGRAMME, FAST-TRACK PROGRAMME, TRAINEE PROGRAMME
What are they?
[Speech bubble from a person] Structured work programmes for talented graduates transitioning from higher education to a career
Graduate schemes offer experience, training and a pathway into a career with the company who runs the programme. Each programme is a bit different.
[An image of a skyscraper with a large logo on it 'BizCo'] Most programmes are run by large companies...
[A small building with text on it labelled 'Accounting co'] However some smaller businesses run programmes with more limited vacancies.
Programmes usually last 1-2 years.
They can involve:
[A person addresses a group of people sitting at desks with laptops] Summer School Training
[Three arrows in a circle denote a rotation between a small house labelled 'Branding', an x to tick mark labelled 'strategy' and a truck labelled 'change delivery'] Role Rotations
[A person looks over happily, speaking to someone sitting behind a computer at a desk] Mentoring
[A person in a wheelchair and another person discuss something] Networking with Peers
What to expect
Salary offerings differ between employers and industries.
[The following statistic is framed by some leaves] £27,500: Median graduate salary (AGR Annual Survey 2016 - http://www.agr.org.uk/CoreCode/Admin/ContentManagement/MediaHub/Assets/FileDownload.ashx?fid=213463&pid=11533&loc=en-GB&fd=False)
[A picture of some scales] £38,000 - Law firm
[A picture of a cash register] £24,000 - Retail
[A picture of a computer] £29,000 - IT/Telecommunications
[A picture of a spanner] £26,500 - Engineering or Industrial Firms
[A picture of a calculator] £25,000 - Accountancy or Professional Services
[A picture of a train] £25,000 - Transport or logistics
Median Salaries - AGR 2015/16*
*Statistics may be provided by higher paying employers. Read more at: http://targetjobs.co.uk/careers-advice/choosing-an-employer/320357-which-graduate-career-offers-the-best-pay
[A certificate is pictured] Many programmes give training which is accredited by a professional association, giving you an avenue to work professionally after the programme is done.
How to get into a Graduate Scheme
[The following text is written in big fancy lettering with sparkles around it] Apply Early
Application periods usually run between September and December, and are usually highly competitive.
[A person sits at a desk with a laptop, and is writing on a wall calendar that has a row with dates from September 10 to September 17 on it. Some entries are marked alongside the dates: 'App for Account Co - CV Prep', 'Meet with adviser', 'Psychometric practice', 'Send CV to BizCo', 'BizCo app deadline'] Do your research and make a plan
Many programmes have several stages to their process and you will need to work hard to stand out.
[An inverse pyramid made up of small faces is used here to demonstrate how each stage of a programme's recruitment process filters out people.
- 'Application Stage' has seven faces. Three of these are smiling with exclamation marks, one is smiling with a light bulb above their head, two are smiling with mortar board hats on their heads, though one smiles wider than the other. One looks unsure. The unsure face has an arrow pointing to an 'x', the others have arrows pointing to a face in the next row.
- 'Psychometric Testing' has six faces. The first exclamation marked face now looks unsure - an arrow points from them to an 'x' instead of the next row like the others. The face with a lightbulb is still smiling with a lightbulb above their head. The second exclamation marked face now has a question mark instead. Both mortar-board wearing faces are still smiling as they were, and the last exclamation-marked face now has a question mark as well as an exclamation mark, and looks slightly unsure.
- 'Assessment Centre' has five faces. The face with the lightbulb now has two lightbulbs. The face that had a question mark now looks sad, and an arrow points from them to an 'x' instead of the next row like the others. Both mortar-board wearing faces are still smiling as they were. The last face has replaced their question mark with a second exclamation mark.
- 'Interviews' has four faces. The face with the lightbulbs now has three lightbulbs. The faces wearing mortar-boards are still both smiling, however the one smiling wider now has a lightbulb - the other has an arrow pointing to an 'x' rather than the next row. The final face now has three exclamation marks.
- 'Accepted' has three smiling faces]
[A person with a question mark above their head asks the following questions]
How to grad programmes differ from internship programmes?
Internships are usually on a shorter term basis (a few months instead of years) and can often be undertaken while you are still in study.
Is a job guaranteed?
Most employers offer ongoing jobs as part of their programme, however a few may not. You may find the job is not for you either. Make sure you do your research for best results.
Find Graduate Schemes and more information about them:
- University of Lincoln Prospects: www.uolcareers.co.uk/students-graduates/jobs-employment-options/graduate-student-vacancies
- Target Jobs: www.targetjobs.co.uk
- Milkround: www.milkround.com
- Graduate Recruitment Bureau: www.grb.uk.com
The graduate schemes that are featured below are taken from the Guardian UK 300.
- Accounting and Financial Management
- Banking, Insurance and Financial Services
- Charity and Not for Profit
- Construction, Civil Engineering and Surveying
- Consumer Goods- Manufacturing and Marketing
- Energy and Utilities
- Engineering Design and Manufacturing
- Hospitality, Leisure and Tourism
- Investment Banking and Investment
- IT and Technology
- Law- Barristers