Joining a Graduate Scheme can be the perfect start to your career. Graduate Schemes can come in all shapes and sizes, so for help with your application take a look at our guide and make your application the most successful it can be.
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|Lloyds Banking Group - Commercial Banking SME & Mid Markets Internship||Nationwide||£18,000 + benefits pro rata|
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|IT Consultant – Intensive Graduate Training Programme - London||South East, London||£18,000 to £24,000 + Bonus + expenses|
Graduate schemes are long term employment contracts usually at the larger corporate organisations. These are designed to take the brightest and best graduates straight from university and train them to be key employees in the business. Graduate schemes or graduate training schemes usually allow graduates to be taken under the wing of a larger company and showed around the different areas of the business. That could be accounts, marketing, HR, research and development or other types of professional services. Graduates are given room to find their feet in different areas without having to pigeonhole themselves too early on. Furthermore, graduate schemes at certain companies provide not only a job straight after university but can provide a postgraduate qualification in areas such as accounting (ACA), management accounting (CIMA) or marketing (CIM). Meanwhile this allows the companies to offer these lucrative schemes to a massive graduate. In some cases, taking on up to 1000 graduates, will then allow companies to source fresh ideas allowing the company to keep developing. All this with a very competitive starting salary makes many graduates view these types of schemes as the ultimate aim. However, with the offers being so appealing the competition for places is high. Each vacancy is seen as a golden ticket. While this shouldn't put you off applying, competition is so high that you should not let any rejection knock you back. We surveyed over 400 students and graduates seeking their opinions about large organisations and the schemes they run compared to working for a small company:
With graduate scheme competition being so intense, it is important to offer employers the everything you can. Applications start at the beginning of your third year and it is important to do your research and find out when submissions commence. As a rule applications are open in the winter, with a view to start in September of the following year. On first impression this seems like a long gap but between sending off that first application and being accepted onto the graduate scheme there are several hoops to jump through. Often the application process involves several interviews, online tests, assessment days and tasks to complete. The exertion spent on whittling down the list to the best of the best is why you should not slip up at any stage and prove you are worth it. Take a look the tips below to make sure you’re as successful as you can be with your application:
This guide might all seem like common sense, but some of the applications are extremely long and it can easily gets tedious. The application forms usually want all sorts of details from the at least the past 5 years of your life so It is easy for standards to slip when trying to remember what you got for GCSE P.E. all those years ago.
If you are unable to secure a graduate scheme after university, remember not many people do, it is not the end of the world. There are plenty of opportunities out there. The usual step then is to begin applying for entry level jobs. They might not have as stringent interview process as some of the big graduate schemes but they certainly aren’t easy to come by. Each graduate scheme is different so read over the descriptions thoroughly. It is very rare for graduates to go straight into employment after finishing university. So keep applying, to the right places and with polished applications.Login or sign up for graduate jobs
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