Which can I apply for? Are graduate schemes right for me?

If you haven’t applied to a graduate scheme already, you might be asking yourself some of these questions. There’s no need to worry. If you want to find a programme, there are still plenty currently taking applications. You might even decide that graduate schemes aren’t worth it. After all, one in six graduates leave their first employer within the first two years.

Which graduate schemes are still open?

Many of these programmes are still taking applicants. Others take on graduates on a rolling basis. So who’s recruiting students? Prospects have put together a handy online tool where you can search open graduate schemes. Use their filter options to reveal graduate programmes which you can sort by industry and location.

So which employers are still looking for current students and recent graduates? Here’s a little taste of the ones that are still open, from a range of sectors.

• Charity: British Heart Foundation
• Publishing/business: Cambridge University Press
• NGO/communications: Nuclear Graduates
• Software/technology: Balfour Beatty

Find out who’s still taking applications on the Prospects search tool.

Clearly employers are still searching for students to recruit, so do some research across the web and try and meet as many graduate recruiters as you can at our events.

Are graduate schemes right for me?

It is easy to feel pressured into applying for a graduate scheme – but these schemes are not your only choice. Most employers (including those who run graduate schemes), hire graduates on a continuous basis.

You only need to check the current vacancies on myUCLCareers to see this for yourself. You can search other major jobs boards, such as LinkedIn or Indeed, including the term “Graduate” and you will see plenty of graduate roles that aren’t part of a particular scheme.

This is particularly true for organisations who are not large enough to warrant a graduate scheme. This is why international organisations which hundreds of staff are much more likely to have schemes on offer. Working for a company like this might not suit your goals, so don’t be afraid to look elsewhere for graduate jobs. Read more about the difference between a graduate job and a graduate scheme on Gradtouch.

Further study is another popular choice, with 30% of UCL graduates in 2016 securing further study courses after six months.

How can I improve my applications? (for all graduate jobs)

All graduate jobs, whether part of a graduate scheme or not, want you to demonstrate your motivation, desirable qualities, skills and experience.
One of the best ways to do this is through volunteering and work experience. By finding an internship or other work experience you will show your motivation to employers, gain useful real-world experience, and learn more about that particular role or sector.

You might realise that you don’t enjoy a particular sector as much as you expect. This means you can look for something different when you graduate. If you love the job, you’ll be able to demonstrate your awareness of the sector to future employers. It’s very common for people who do internships while they study to secure a job with the same employer when they graduate.

Have work or volunteering experience? Let graduate recruiters know what you learned using examples. Be sure to tell them how you can apply those lessons when working for them. It’s what you’re aiming to do after all!

In your final year or recently graduated?

It might be time to start looking at what’s available and applying.

Our careers consultants can help you review your CVs and applications in one-to-one advice sessions and mock interviews. These will give you the confidence you need to evidence your best qualities when applying.

Graduate schemes often use recruitment tools such as assessment centres and psychometric testing to filter applications. Although these can seem intimidating, the more you know about them, the less scary they become.

UCL Careers run a range of workshops, talks and employer-led events through the year. These include mock assessment centres, employer networking and application sessions. Any of these could help with your graduate job applications, so see the full events calendar and book your place.

Remember, UCL Careers is here to support you, no matter what stage your at in your career planning; whether you’re applying to graduate schemes or any other kind of work or further study. Find out more about what UCL Careers can offer you.

Image taken from russellstreet

It’s June. By now most of you will know whether or not you bagged that elusive grad scheme place. If you did, congrats, because grad schemes are notoriously competitive, and they’re pretty cool in many ways; you’ll get a set training scheme with lots of institutional support, you’ll have a big company’s name on your CV, and you’ll probably be paid a little more than the average grad.

But if you didn’t make it through the gruelling application process, or if you hadn’t even heard of a grad scheme until it was too late to apply (or maybe until right now?), worry not, because you’re not alone. In fact, you’re in the majority. Only 16% of graduate-level jobs (i.e. jobs meant for grads) are grad schemes. So here are a few things you 84% could do instead:

Try working for an SME

What the flip’s an SME, I hear you cry? It’s a ‘small or medium sized enterprise’, which is basically any company with fewer than 250 employees. You’re unlikely to have heard of a lot of SMEs as they don’t have the capacity to run huge training schemes, and they often don’t have the resources or the inclination to come onto campus for university careers fairs.

But one thing they do have is jobs. Lots and lots of jobs. SMEs make up 99.9% of UK businesses, they account for almost half of the UK’s GDP and between them they employ 60% of the UK workforce, and 50% of new graduates.

Although big training schemes can seem very attractive, working for an SME has its benefits. Smaller companies are likely to give you more responsibility earlier, a more varied workload, closer contact with senior managers, and you’ll more easily see the impact of your work.

Vacancies at SMEs come up as and when the business requires, so you don’t have to worry that you’ve missed the boat. Jobs boards like JobOnline, UCL TalentBank, and recruitment agencies can be great ways to find SME job adverts. But why not be proactive and contact businesses that interest you? Small start-ups may not have the time or money to advertise entry level roles, so well-timed speculative applications can be successful. UCL Advances has a list of SMEs to start to you thinking about whom to approach, and there are plenty of other SME lists out there (e.g. this London Stock Exchange, this Times, or this UKSBD one) to help you identify target employers.

Try being more committed

One of the nice things about large graduate schemes is the chance to rotate across different departments within the same organisation. The aim is to help you decide which role and department is right for you.

But what if you already know what’s right for you? Why bother with all of that? If a company, whether large or small, is advertising a permanent role in your area of interest, why not apply directly? Even some of those employers offering large graduate schemes tell us that if grads know which team they belong in, direct entry might be a better bet than a rotational training scheme. And depending upon the role, direct entry can be less competitive and involve fewer arduous applications stages than graduate schemes.

Plus, if your grades fall below the grad scheme thresholds (often 2.1 and above), applying directly for lower-level roles can be a great way to get into your target organisation. From there you can work your way up, and we’ve seen examples of graduates (and even some non-graduates who didn’t complete their degree) using this route to get onto their target graduate scheme from within.

Try being less committed

Saying that, 1-3 year graduate schemes require a lot of commitment. It can be an appealing idea to know where you’ll be in a few years, but it can also be somewhat restricting. Shorter internships and placements are a fab way to try out different sectors and organisations, build your networks, and learn about your work preferences, without making a long-term commitment to one organisation. This sort of experimentation could be perfect if you’re not quite sure which route is right for you yet. And if you’re still set on the grad scheme path, the experience you pick up on the way will make your applications stronger in the following years.

And although graduate schemes promise to fast-track you, their regimented nature means that their pace may be too slow for the really ambitious among you. By contrast, regular graduate roles give you the freedom to apply for new higher-level positions whenever they come up and you feel ready, without tying you to a set training path.

Highly sought after by UCL students, graduate schemes have been seen as being the gold medal upon completion of your degree. However only a limited number make it through as competition is tough. On average, there are 85 applications for every single graduate scheme position. 

Myth: a degree will be enough. Employers are now looking for more from students. HSBC noted: “We recruit up to 1,500 graduates on to one of our 70 graduate programmes around the world. For those jobs, globally, we receive around 100,000 applications. As 90% have a 2.2 or a 2.1, it therefore takes something extra to stand out.”

The conversion rate from landing that internship in the company you want to work for to securing a place on their graduate scheme can be as high as 70-80% in some companies! Every company wants the best candidates, so do apply early. Some may fill positions whilst recruitment is still happening. Don’t leave it to the last minute to apply. Also, come and get your application reviewed by one of our specialist application advisors.

Only 7-10% of graduates who enter the workplace do so through a formal graduate scheme, so how do you maximise your chances at success? Preparation is incredibly important. We’ve put together a handy timeline of things to do, whether you’re a first year or a finalist who hasn’t even thought about what you are going to do when you finish.

We’re also open all year round so whether you want to talk about career options, have an application checked or have gained an interview and want to practice, we can help. Our website has a comprehensive amount of information for each step and you can pop-in personally and speak to one of our information team who can help.

And even if a graduate scheme doesn’t float your boat, we can help you find your future in your chosen career path as a vast number of our alumni go on to work within Charities, NGOs, Media, Law and Science sectors.

Good luck!

Considering a career in Engineering?

The UCL Careers Engineering 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.

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 26th October 2015 | 5:30pm – 8pm

Where: North and South Cloisters, Wilkins Building

Some employers attending include:

> Balfour Beatty
> Fluor
> GSK
> Jaguar Land Rover
> Mott Macdonald
> TargetJobs Engineering
> Transport for London- TFL

Plus many more!

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 the employers attending, visit: www.ucl.ac.uk/careers/fairs | #UCLCareersFair | @UCLCareers

The Engineering Fair 2015 is kindly sponsored by TargetJobs Engineering.

Want to find our more about careers within IT and Technology?

The UCL Careers IT and Technology Fair features some of the top employers in Consultancy, Big Data, Software, Cloud Computing, Telecommunications, Financial Technology and many more.

Employers will be hiring for permanent graduate positions, internships and, in some cases, 1st year spring programmes. The fair is open to all year groups but there may not be structured programmes on offer for all students. Some roles will be open to students studying computer science or a related technical discipline, but others will be open to all with an in interest in technology.

When: Wednesday 22nd and Thursday 23rd October | 5:30pm – 8pm

Where: North and South Cloisters, Wilkins Building

Some employers attending include:

Day 1
> EE
> Fidessa
> IBM
> KPMG
> Microsoft Corporation

Day 2
> Cisco
> Expedia.com
> Fujitsu
> Morgan Stanley
> SKY

Plus many more!

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 the employers attending, visit: www.ucl.ac.uk/careers/fairs | #UCLCareersFair | @UCLCareers

The IT and Technology Fair 2015 is kindly sponsored by EE and Cisco.

Interested in a career working with Banking or Finance?

The UCL Careers Banking and Finance Fair features some of the top employers from a wide variety of sectors including Investment Banking, Professional Services, Retail and Corporate Banking, Economics, Consulting, Investment Management Actuarial, Insurance and many more.

Employers will be hiring for permanent graduate positions, internships and, in some cases, 1st year spring programmes. The fair is open to all year groups but there may not be structured programmes on offer for all students.

When: Tuesday 13th and Wednesday 14th October | 5:30pm – 8pm

Where: North and South Cloisters, Wilkins Building

Some employers attending include:

DAY 1
Amazon
Bloomberg
Barclays
FTI Consulting
Goldman Sachs
JP Morgan
M and G Investments

DAY 2
Deloitte
Deutsche Bank
Financial Conduct Authority
Lloyd’s of London
PwC
Santander
UBS

Plus many more!

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 the employers attending, visit: www.ucl.ac.uk/careers/fairs | #UCLCareersFair | @UCLCareers

The Banking and Finance Fair 2015 is kindly sponsored by PwC.

Considering a career in Management Consultancy?

The UCL Careers Management Consultancy Fair features some of the top employers from a wide variety of Consultancy sectors including Strategy, Financial, Brand, Technology and HR.

Employers will be hiring for permanent graduate positions and in some cases internships and placements.

The fair is mainly aimed at final year and penultimate year students. Other years are welcome to attend in order to research employers, but there may not be suitable structured programmes available.

When: Wednesday 7th October 2015 | 5:30pm – 8pm
Where: North and South Cloisters, Wilkins Building

Some employers attending include:
Accenture
The Boston Consulting Group
EY
IMS Consulting Group
Oliver Wyman

Plus many more!

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

We will be holding Fair Prep sessions – keep an eye for an Alert about these!

For more information on about the fair and the employers attending, visit: www.ucl.ac.uk/careers/fairs | #UCLCareersFair | @UCLCareers

The Management Consultancy Fair 2015 is kindly sponsored by Accenture.

Starting a new graduate scheme can be an exciting but daunting time. Together with some former colleagues and friends, I have put together my “Top 5 tips” of how to adjust and to get the most out of a graduate training programme.

1. Be as open as you can to the new opportunities and challenges that are thrown at you.
   1. Say “yes!” to chances to visit different departments, speak to senior managers, build relationships with your graduate and day job colleagues. My first three months of induction involved visiting a range of treatment facilities, detecting leaks, travelling all over the area my company served, undertaking vital health and safety training and meeting many useful contacts who I was later able to draw on when I had queries or problems. It also helped me understand the business as a whole, and how my day job fitted within it.
   2. Charity fundraising events are also a great way to meet different people who may do very contrasting roles, and can be a useful informal networking opportunity. I have built a raft and rowed down the river (twice!), cleared a garden at a centre for the disabled, taught Primary School children about water saving, and lead a group of teenagers through a tech event day where they designed a healthcare app.
2. Ensure that you don’t take on too much! This may seem in direct contrast with the first point, but ensure that you are able to deliver everything expected of you. It can be challenging to balance the needs of your graduate scheme alongside your day job, but always ensure that your day job does not suffer, especially if you manage a team.
3. Set a good first impression. A colleague of mine unfortunately was caught staring out of the window by a senior manager during the first week; an incident which can come up in conversation to this day many years later. Don’t be that person!
4. Find a good mentor. Some graduate schemes encourage this, and it can be a great way to learn more about the business, and when they work well, a good relationship with a mentor can help both of your set achievable targets and grow in your new role. They can also be a useful “sense check”. If you can’t find someone within your business, look outside. Find someone who you trust, and who challenges and supports you.
5. Don’t panic! Ask questions, ask for help, make small mistakes and learn from them.

Did you know that you can still use UCL Careers for up to two years after completing your course? Find out more by visiting: www.ucl.ac.uk/careers/gradclub

– Hannah Posner, Careers Consultant, UCL Careers