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My Global Internship: what does it mean to have a ‘global mindset’?

By skye.aitken, on 6 November 2019

Written by Rhiannon Williams, Global Internships Manager at UCL Careers.

A student with sun glasses on stands in front of a view of a European cityWelcome to the first in a series of blogs aimed at helping students to find, apply for, prepare for and undertake a global internship (usually meaning outside the UK and probably your home country). We will be publishing blogs under the #myglobalinternship tag across the autumn and spring terms, so keep an eye out!

So maybe you’ve been applying for international internships already, or perhaps it’s something you’d like to start doing. Wherever you’re at, you may have come across the term ‘global mindset’ and you might wonder what this actually means.

One of the simpler definitions we like is ‘the ability to operate comfortably across borders, cultures, and languages’ and for a student to be a ‘global graduate’ they need to be able to possess a range of competencies such as team-working, adaptability, resilience and self-awareness.

Why is it important?

In an increasingly globalised workplace, employers require their staff to have intercultural competence to enable them to collaborate effectively with their colleagues and in different cultural settings (such as in a country you may not have experience before). They also need employees from diverse backgrounds to represent their client base, who can also grasp the interconnectedness of international business.

A report from McKinsey’s Global Institute shows that ‘cross-border data flows are increasing at rates approaching 50 times those of last decade. Almost a billion social-networking users have at least one foreign connection, while 2.5 billion people have email accounts, and 200 billion emails are exchanged every day. About 250 million people are currently living outside of their home country, and more than 350 million people are cross-border e-commerce shoppers’.

In addition, ‘increased global interconnectivity puts diversity and adaptability at the centre of organisational operations’ according to the Future Work Skills 2020 report. This means employers are looking for candidates who can keep up with this rate of change and collaborate virtually by working productively and effectively as part of a virtual team (e.g. one across different global sites).

What kind of experiences can you draw upon?

By studying at UCL, you are already in a great position to talk about your experiences of interacting with individuals from different cultures, given that there are over 150+ nationalities represented on campus. You can also demonstrate your global mindset by talking about the following experiences on your applications and in interviews:

  • Living abroad (during upbringing or as part of course)
  • Picking up language skills
  • Transitioning from home to London
  • Coming to London from outside of the UK
  • Representing one organisation at its interface with another in a different region/country/culture
  • Presenting papers at international conferences or in committees
  • Having an interest in current affairs, listening to/reading global business news (be prepared to back this up)
  • Independent travel
  • Sensitivity to different regional/class/cultural attitudes, e.g. travel, voluntary work, vacation jobs

Plus, if you decide to undertake a global internship in summer 2020 then that will enhance your global mindset even further! For further reading about global skills, you may enjoy the QS 2019 Global Skills Gap Report which aims  to  provide a greater understanding  of  the  gaps  between  graduate  skills  and employer expectations around the world. You can also book a careers appointment to talk about these skills and explore how you can highlight yours to future employers!

Future blogs in the series will look at:

  • How to find international internships
  • Making applications for international internships
  • Conducting video interviews for overseas roles
  • Preparing for your time abroad
  • Working in a global workplace

How To Develop Your Career Ideas | CareersLab

By skye.aitken, on 4 November 2019

Do you have some career ideas? Confused what to do next?

UCL Careers Consultant, Raj, shares his top 3 practical tips on how to develop those ideas into the career you’ve always wanted!

We’re posting a new CareersLab video every week on the UCL Careers YouTube channel and right here on the UCL Careers blog.

If you’re a UCL student or recent graduate and you have a question you’d like Raj to answer in a future CareersLab video then please email us at careers.marketing@ucl.ac.uk.

Don’t forget to subscribe to our YouTube channel and the UCL Careers Newsletter so you never miss an episode.

UCL Careers Themed Weeks 2019: Top 5 Lessons From Government & Policy Week

By skye.aitken, on 1 November 2019

Written by Colm Fallon, Careers Consultant, UCL Careers

You may have missed Government & Policy Themed Week 2019, but don’t fret, you can access recordings from this year and previous year’s events and related resources by heading to our website.

Panelists sat on chairs on stage

It’s impossible to sum up all of the valuable insights shared throughout the week, but here are 5 things we learned from Government & Policy Themed Week 2019:

  1. Rapid changes are the norm

Working in the Civil Service can sometimes resemble the TV show ‘The Thick of It’. There may be fewer expletives used, but things can change rapidly, and you have to be adaptable. For example, you may be working on and promoting one policy in the morning, but by the afternoon priorities may have shifted and you find yourself having to completely change your focus.

  1. Evidence is key

Our speakers also emphasised how working in a space where the agenda can be set and changed by forces outside of your control may not be for everyone and that’s OK! You may spend months working on a policy but due to public pressure or economic factors, it may not be implemented or may have to be adapted to meet the changing circumstances (the world as it is, not as we wish it to be). The work of advising Ministers means focusing on the evidence and that is not affected by changes in public opinion.

  1. Experience is knowledge

You can gain useful experience working on the fringes of government, e.g. public affairs, lobbyists, think tanks, charities, and so on. You’ll gain an outsider perspective on how government works. Importantly, working in the Civil Service means being apolitical, you need to be impartial and able to provide policy arguments, not political arguments. If you have political ambitions you may be better off gaining experience outside or of course working directly with parliamentarians and political parties. Some MPs would suggest that working completely outside of and removed from politics can be beneficial. Learning about business, people and the world can help you better serve your constituents.

  1. Change takes time but the results can be very rewarding

Influencing policy is being a voice in the discourse, one of many. Although it can be difficult to be heard the most rewarding aspect is seeing the impact on individuals of the policy changes you’ve fought for and implemented. It’s important to realise that change takes time, and the key to success is to make sure that the long term impact is understood and prioritised over short term gains and personal biases.

  1. Everyone gets imposter syndrome

Imposter syndrome (feeling like a fraud who will be found out at any moment), can be common and it’s a normal way to feel. Be kind to yourself, have realistic expectations and remember that learning is a process. No one can be expected to know everything right away. The key to success is to work on upskilling and build relationships with colleagues and mentors. Utilise your network for support and advice, most people would have been through the same experiences as you at some stage.

 

Out&Proud Research Event. What We Learnt And How We Can All Be Better Allies

By skye.aitken, on 1 November 2019

An event stage with a screen set up

Written by Joe O’Brien, Marketing Communications Assistant, UCL Careers.

On Friday 11th October, UCL Careers ventured east to Clifford Chance’s Canary Wharf office. We were attending a special panel event devised to launch the Out&Proud research from UK Trendence Research, a leading student-focused research firm. Poignantly released 50 years after the Stonewall riots, the research was 9 months in the making and aimed to delve deep into the experiences of LGBT+ students and graduates in higher education. The research saw 4100 young people take part from 122 universities across the UK, with 91% aged 18-29. Of respondents, 19% were graduates now in employment.

The research itself is fascinating and we won’t attempt to fit all of its findings into one blog post so what we’d recommend is heading over to the UK Trendence Research website and requesting access to the report. We promise it is a truly valuable report which sadly includes some shocking and eye-opening statistics. From a career standpoint, the report highlighted how those who are open about their sexuality in the workplace are 12% more likely to report an improvement in wellbeing. Here are some of the more damning findings from the report:

  • 1 in 3 LGBT+ students have experienced hate crime and/or sexual assault
  • LGBT+ students 38% more likely to report depression
  • 6% more likely to report a decline in wellbeing when starting university

We were treated to two fantastic panels; firstly, a panel made up of allies from organisations who sponsored the research and secondly, from a selection of LGBT+ figures from a broad range of careers and experiences. Allyship – providing support as an ally even if you do not identify as LGBT+, was a recurring theme throughout the day, with a number of speakers emphasising that the fight for equality and respect for LGBT+ people is a responsibility that shouldn’t rest solely on their shoulders.

Four panelists sitting on stage with a screen behind them

Tips for being an ally:

  • Tanya Compas, an award-winning youth worker and LGBT+ Case Worker, explained how even something as simple as including your pronouns in your email signature can help to create an inclusive environment.
  • Tiernan Brady, Global Head of Inclusion for Clifford Chance, spoke about how progress is not linear and by no means inevitable. We can’t assume it’s only the older generations who discriminate against LGBT+ individuals, in fact recent Galop research into attitudes in our society has shown that the age group most likely to think of LGBT+ people as “immoral” are aged 18-24. He also implored allies to remain vocal supporters and not to assume the fight is over. As Tiernan put it, “if we take our foot off the gas, we stop and then we lose the progress we have fought for”.

Another common theme throughout the day was the importance of intersectionality. Zee, a final year undergraduate student from School of Oriental and African Studies (SOAS), who was on the second panel explained how “what’s diverse for a gay white man is not diverse for a black trans woman.” There are a number of examples in the Out&Proud research which hone in on this, with an LGBT+ Muslim student explaining how coming from a heteronormative background, steeped in religion and culture, leaves them living a double life. For this reason, it’s important to remember the diverse backgrounds and added difficulties that can arise from this conflict.

Rhammel Afflick, Director of Communications for Pride in London, told us his coming out story – writing an article for Huffington Post in which he came out publicly, what Rhammel found most surprising wasn’t that he received homophobic abuse, he unfortunately expected that. It was the fact he received racist abuse despite the article focusing solely on his sexual identity as a bisexual man. This is a great example of the importance intersectionality has on LGBT+ issues.

Our 3 actions for you to take from this post:

  1. Read the Out&Proud research and be aware of what your fellow students are going through and struggling with.
  2. Engage with the UCL LGBT+ Student’s Network. It’s a great way to make friends, develop new skills, and it looks great on your CV to be involved in any engaging and proactive society.
  3. Try to reflect and constantly question how inclusive and supportive you are being as a student, colleague, family member, or friend. Like Tiernan said, progress is not inevitable and it takes all of us to make sure we keep moving.

 

Stuck For Career Ideas? | CareersLab

By skye.aitken, on 31 October 2019

Are you stuck for career ideas? Do you have no idea what you might want to do?

Join UCL Careers Consultant, Raj Sidhu, as he shares his best 5 ways to generate new career ideas.

We’re posting a new CareersLab video every week on the UCL Careers YouTube channel and right here on the UCL Careers blog.

If you’re a UCL student or recent graduate and you have a question you’d like Raj to answer in a future CareersLab video then please email us at careers.marketing@ucl.ac.uk.

Don’t forget to subscribe to our YouTube channel and the UCL Careers Newsletter so you never miss an episode.

UCL Careers Themed Weeks: Museums, Arts and Cultural Heritage Week 2019

By skye.aitken, on 24 October 2019

Are you considering a career in Museums, Arts or Cultural Heritage? Then this is the week for you! Come and find out more about these sectors from professionals working in various roles within these sectors. All events are open to students and recent graduates from across UCL.

A speaker at a lectern speaking to a room full of studentsIf you haven’t attended events organised by UCL Careers before, we strongly recommend you read through our Themed Weeks page for information on what to expect, how to prepare and how to book.

Events can be extremely popular, so book early to avoid disappointment!

Watch event recordings on our Themed Week archive. These include complete panel discussions and in-depth interviews with experts.

Please note that photographs, video, sound and/or written submissions taken at our themed week events may be used in future printed and electronic UCL promotional material. Photographs/video will be stored electronically as well as in hard copy. 

Events open for booking on Monday 28 October 2019


Careers in Museums

Monday 11 November 2019: 6pm-7.30pm

Come and meet representatives from the museum sector to hear about their job roles and what excites them about working in this sector. There will be a panel discussion, Q&A session, and a chance for informal networking after.

Among the museums represented will be:

View event details and book your place


Working in the Arts

Tuesday 12 November 2019: 6pm-7.30pm

Thinking about working in the Arts? Come along to this panel event and have the chance to hear from professionals currently working in managerial, creative and organisational roles within a variety of arts settings. Speakers will discuss aspects of their experiences such as: what they enjoy about working in the arts, how they got into their current role and their ‘top tips’. The panel discussion will be followed by a Q&A and informal networking.

Panellists work in organisations such as:

View event details and book your place


Careers in Cultural Heritage

Thursday 14 November 2019: 6pm-7.30pm

Interested in working in the diverse world of cultural heritage? Come to a panel discussion with cultural heritage professionals, to hear about their roles and career path and to gain tips on how to get into the sector. The panel will be followed by Q&A session and informal networking.

You will hear about experiences working in:

View event details and book your place

 

How To Ace Video Interviews | CareersLab

By skye.aitken, on 21 October 2019

This week on CareersLab, careers expert, Raj Sidhu, talks us through his top tips for acing video interviews – from getting the sound quality right to perfecting your preparation.

Did you know that over 50% of graduate recruiters now use video interviewing as part of their recruitment process? Have you ever wondered how to ace these and to move ahead compared to your competition?

Well, Episode 5 of CareersLab has you covered. Watch this video for 6 ways you can maximise your chances of impressing at the video interview recruitment.

We’re posting a CareersLab video every week on the UCL Careers YouTube channel and right here on the UCL Careers blog.

If you’re a UCL student or recent graduate and you have a question you’d like Raj to answer in a future CareersLab video then please email us at careers.marketing@ucl.ac.uk.

Don’t forget to subscribe to our YouTube channel and the UCL Careers Newsletter so you never miss an episode.

UCL Careers Fairs 2019: Engineering & Built Environment Fair

By skye.aitken, on 14 October 2019

Considering a career in Engineering?

The UCL Careers Engineering & Built Environment Fair features some of the top employers from the fields of chemical, civil and environmental, electronic and electrical, and mechanical engineering, as well as construction and the built environment.

An Employer speaking to a student at the fair

Employers will be hiring for permanent graduate positions as well as internships and placements so this fair is mainly aimed at final year and penultimate year Engineering, Bartlett or related students.

All students are welcome to attend in order to research companies, but there may not be suitable structured programmes on offer.

When: Monday 21 October 2019 | 5:30pm – 8pm

Where: North and South Cloisters, Wilkins Building

Some employers attending include:

·      Mott Macdonald

·      RAF

·      GSK

·      Atkins

·      Bouygues UK

·      Eurostar

·      Berkley Group

·      Ministry of Defence

Plus many more!

For a full list of employers attending the fair, visit:

Engineering & Built Environment Fair

You do not need to book to attend our Careers Fairs, but you must bring valid UCL ID to gain entry.

For more information on about the fair and how to prepare, visit: http://www.ucl.ac.uk/careers/about/events/careers-fairs

How To Plan Your Graduate Job Hunt | CareersLab

By skye.aitken, on 14 October 2019

It’s that time again – we’re kickstarting our week with another episode of CareersLab with Careers Consultant, Raj Sidhu.

Are you wondering how to structure and organise your year to maximise your chances of getting that dream graduate role?

Then watch this video to learn:

  • The right things to do and when
  •  How to research, plan and apply to roles with confidence

We’re be posting a CareersLab video every week on the UCL Careers YouTube channel and right here on the UCL Careers blog.

If you’re a UCL student or recent graduate and you have a question you’d like Raj to answer in a future CareersLab video then please email us at careers.marketing@ucl.ac.uk.

Don’t forget to subscribe to our YouTube channel and the UCL Careers Newsletter so you never miss an episode.

Jargon You Should Know To Get Ahead When Applying For Fin-Tech

By skye.aitken, on 11 October 2019

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Deciding on a career path can be an overwhelming experience but fear not, you are probably not the only student stressing about which career path to choose. Often the industry jargon that crops up during career research and investigations can be downright terrifying. But here is the good news – you are not alone! As a student putting feelers out, you are in the best possible position to get a head start on learning the technical jargon and positioning yourself as an up-and-coming expert in your chosen field, long before any of your “competitors” (sorry, those are unfortunately your classmates) do.

You’re in the right place, especially if you are looking to get a handle on Fin-Tech technical jargon. Before you can start applying for roles, you need to know what the industry pros are talking about (and referring to), without having to ask them – so I am going to share with you what I’ve learned along the way. Let’s jump right in…

  • Fin-Tech

It is good to know what Fin-Tech stands for – it almost certainly will come up in an interview. Think of an interviewer asking “So, what is your understanding of the term Fin-Tech?”

It is basically an abbreviation of ‘financial’ and ‘technology’. Any business that works with technology that manages and controls finances is considered a Fin-Tech company. Fin-Tech can refer to several different financial areas, such as cryptocurrency, banking applications, money management tools, automated investment programs and apps, and so on.

  • Sandbox

“Sandbox” is a bit of lingo that refers to regulation. When someone in Fin-Tech speaks of a sandbox, they are referring to a “safe space” or a controlled environment where Fin-Tech companies can try out new tech. The Fin-Tech community has started eagerly trying to implement “sandboxes” where tech innovators can present their new tech aimed at the financial services industry. This way of testing provides both tech designers and companies operating in the financial sector the opportunity to uncover potential glitches as well as regulation problems that might arise from using the tech. It also helps both parties to figure out if they are a good “match” for each other.

  • Blockchain

This is tech software that underpinned Bitcoin. In some instances, industry pros might refer to it as DLT which stands for Distributed Ledger Technology. The software provides industry professionals with access to shared info records, which are regularly updated by computers (a network).

  • Robo-Advice

This is the term used for advice that is provided via a computer algorithm instead of an actual live human. A robo-advisor will be able to invest a client’s money on their behalf. The investments are done in portfolios that are made up of several small funds that are exchange-traded.

  • Future Proofing

This is the process of ensuring that the product or Fin-Tech innovation is more than just a passing fad. This will require testing, market research and projections.

  • Marketplace Lending

A marketplace lender is an alternative financial service (not a bank) that uses technology to evaluate loan requests. The data gathered is used to match lenders with borrowers. Marketplace lenders are efficient with cost-cutting and can streamline loan approvals.

  • Bootstrapping

An entrepreneur is said to be bootstrapping when he attempts to found and build a company with little capital or from personal finances or the operating revenues of the new company– like playing it by ear with no back-up finance.

  • Proof of Burn

This term can also refer to “proof of work” and basically means that someone is bootstrapping (when an entrepreneur starts a business with little capital) one cryptocurrency for another. When someone mentions “proof of burn”, they are implying that crypto miners should prove that they burned some of the currency they acquired. The proof required is showing that currency has been sent to an un-spendable address that is verified.

  • Open Banking

This is something that the non-bank financial lending sector is pushing for in the UK. While not many banks embrace the concept, there are some that are creating such platforms. Open Banking is a concept that entails banks sharing their data with third parties, to ensure that there is more competition and choice in the financial lending sector and to improve on transparency. The idea is to benefit consumers. Fin-Tech companies wish to create applications (or one application) that presents multiple bank account information within one app. This will make financial management easier and quicker.

Last Word

These are just some of the tech terms that are hot in the Fin-Tech industry right now. Brush up on your jargon knowledge before applying for any Fin-Tech roles. One of the requirements of an expert in the field is to have your finger to the pulse of all things tech related – the jargon included. Good luck!

This is a guest blog post written by Alice Farren. Alice is a financial journalist, fin-tech and SME specialist with a passion for promoting the talents and success stories of emerging entrepreneurs.

SME Loans is a business finance brokerage specialising in alternative funding solutions for small and medium-sized enterprises.