GRADUATE OPPORTUNITIES
Graduate Schemes, Jobs, Career Advice & Postgraduate Qualifications
LAW SECTION
The Best Postgraduate Law Courses
BUSINESS AND FINANCE CAREERS CHOICES AND POSTGRAD OPTIONS
www.graduatemag.co.uk ISSUE #34AUTUMN 2012 FREE!
EXPLORE YOUR POSTGRADUATE STUDY OPTIONS
Dedicated Engineering, Business & Finance and Law Sections
QS World University Rankings Life After Uni Top Graduate Placements Gap Year Options
We Look At The Best Graduate And Postgraduate Choices
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CONTENTS
Graduate Opportunities: Meet the Team at
Grads.co.uk 8 - 9 Business and Finance
Law Engineering
Overseas Volunteering Adidas
#Statusfail
27 - 46 47 - 54 55 - 62 66 - 67 68 - 69 70 - 71
THE ASSOCIATION OF BUSINESS SCHOOLS IS THE VOICE FOR THE UK’S BUSINESS SCHOOLS AND INDEPENDENT MANAGEMENT COLLEGES
ABS sets the agenda for business and management education in the UK within an increasingly international environment.
It develops influential policies and promotes, communicates and lobbies on these at local, regional, national and international levels as appropriate.
Collectively, our members provide business and management education for over 250,000 students a year.
ABS works with similar organisations in Europe and around the world including: • The Arab Society of Faculties of Business
• Economics and Political Sciences (BEPS)
• Association of African Business Schools
• Association of Asia Pacific Business Schools
• Association of Graduate Recruiters Association
• British Council • Canadian Federation of Business School Deans
• Chartered Institute of Public Relations
• European Foundation for Management Development
• The French Foundation for Management Education.
In 2008/9 students from over 200 different countries came to the UK to study business and management, from Azerbaijan to Zambia, with students from China, India, Nigeria, Germany and France the most numerous.
Business and management statistics:
Business and management continues to be the most popular subject area of study for undergraduates and continues to increase at a faster rate than the sector as a whole.
Finance and hospitality are two particular growth areas at all levels of study, with Marketing and Management both proving increasingly popular at postgraduate level.
• 1 in 8 undergraduates chose business and management.
• 1 in 5 postgraduates chose business and management.
• 1 in 4 international students. • £2bn estimated contribution to UK export earnings.
• £7.5bn estimated contribution to regional economies. Source: HESA Student/Staff/Finance records 2009/10
Employers are looking for key skills including: communication, analytical and research abilities, good interpersonal skills and increasingly an awareness of sustainability practices for business and research.
So whether you want to work in management consultancy, local government, charity or for any other business or indeed start your own business, skills from a business and management course will place you in a good position to get a job and build a career.
New course directory coming soon listing all UK business school courses online – check our website for details.
Follow us on Twitter: @Londonabs
www.associationofbusinessschools.org
Teresa Holmes is presented with her prize by Caroline Strevens, Head of the School of Law
CASE STUDY Linguist Makes Leap To Corporate Conscience
A languages student who switched to studying law and corporate governance has been honoured for being the best-performing student in her class at the University of Portsmouth.
Teresa Holmes, 23, graduated with a BA in Spanish and Italian last year and then embarked on a Master’s degree in corporate governance and law at Portsmouth Business School.
She now has a job working as a trainee company secretarial assistant.
Unlike many of her contemporaries she discovered that the work of a ‘company secretary’ was a world away from the stereotype of Miss Moneypenny tapping at her keyboard.
Teresa said: “I chose the LLM Corporate Governance and Law/ GRAD ICSA course because it seemed like the perfect way to enter into a professional career.
“When I first started university I had no idea what type of career I wanted to pursue. However, during the second year of my languages degree I was
introduced to the notion of corporate social responsibility and it was from this that the link to corporate governance and company secretarial work arose.”
Making the leap from languages to law was not always easy, especially as most of her peers on the Master’s course had already studied law or business for three years.
She said: “It was certainly a challenge; however I wouldn’t say that it was necessarily any more challenging than a Masters in languages would have been.
“Juggling a Masters with a part time job wasn’t always easy. However, I was fortunate to be awarded a scholarship which meant that my tuition fees were considerably reduced. As a result, I was able to lower the number of hours I worked during coursework and exam times allowing me to focus on my studies.
“But I have been very lucky. I got a temporary job as an admin assistant working on a company secretarial project last summer. I was later invited back and offered a job as a trainee when I’d finished my dissertation. I have been with the company ever since and am really enjoying it.”
Teresa was the highest performing student on the University’s LLM programmes and was awarded a prize from the Worshipful Company of Chartered Secretaries’ Charitable Trust a few hours before she graduated.
Her Master’s tutor Charles Barker said: “All credit must go to Teresa. She was the best performing student and one of only two distinctions. She came from an entirely different discipline to many of her fellow students and yet managed to finish the course at the top of her class.
“She is an inspiration to people anxious about doing a law degree after studying languages, humanities or social sciences because she shows it can be done and the personal and professional rewards are very clear.”
FINANCIAL SKILLS PARTNERSHIP UNVEILS GRADUATE
FOUNDATION COLLEGE Financial services sector leads the way with a ground-breaking new college for graduates
Unemployment figures out yesterday showed a slight decline of 0.2% in the youth unemployment rate to 21.9%, only a slight abatement in the alarming trend of youth unemployment which recently reached a twenty-year high.
Meanwhile the financial services sector is leading the way with a ground-breaking new initiative, a Graduate Foundation College, which fast-tracks unemployed graduates and enhances their employability.
FROM EAST TO WEST
College officials are gearing up for a marketing drive to promote the LLM in North America and Southeast Asia – with prospective Canadian law students especially in their crosshairs
The global marketplace in post- graduate degrees is increasingly competitive - and College of Law officials are tackling the challenge head on with a vigorous global road show promoting the innovative nature of its LLM.
The college is focussing this year on the two international common law legal hubs of North America and South-east Asia. Senior managers will be heading first to Hong Kong, with Canada, Malaysia and Singapore also on the tour list before the end of 2012.
Canada represents fertile ground for the LLM as when combined with its LLB it offers law students from that country an almost unique opportunity.
LLM bonus
Canadian students who complete the college’s accelerated two-yearLLB can extend their stay in London
by a year to do the one-year full- time LLM. When they return to Canada they will only be required to do a short
burst of additional tests - called ‘challenged exams’ - before being able to sit their individual provincial bar exams to qualify.
That means those students qualify as lawyers almost as quickly as they would do if they had stayed at home, and they have the bonus of having a highly desirable LLM under their belts - in addition to the experience of living overseas.
Canadian LLB degrees take three years to complete with no benefit of an LLM on top. Also, if Canadian students came to London just to do the LLB and then return, they will have to sit a far more extended and complex series of challenged exams.
Global firm interest
Adding to the attraction of having such a heavy dose of English legal education for prospective Canadian lawyers is the increasing interest that London-based global law firms are taking in that jurisdiction.
That point was highlighted at beginning of this year when global player Norton Rose merged with leading Canadian law firm Macleod
Dixon. Since that deal was struck, the firm has named as its first non- English chairman Canadian partner Norman Steinberg. While the college sees plenty of scope for marketing its LLM in Canada, moving south to take a slice of the huge US market remains elusive for the time being. However, there are plenty of international opportunities remaining, not least in the Far East.
A senior staffer is headed to Hong Kong at the end of July to promote the course at one of the region’s leading events for graduate and post-graduate students. He will then head later in the year to Malaysia and Singapore.
Liberalised legislation College officials are confident that the LLM appeals in those jurisdictions because they are international legal hubs with, yet again, much English and US law firm interest. Indeed, only a few days ago, Malaysia’s Legal Profession Bill was tabled in parliament for a second reading, taking the country a step closer to a more liberalised regime that will allow foreign firms a foothold in the local market.
Singapore is already a relatively open playing field for global firms. At the beginning of May, leading Netherlands law firm De Brauw Blackstone Westbroek said it expected to open an office shortly in the city-state, while earlier this year US firm Squire Sanders received a licence following similar moves by London firms LG and Withers.
Europe is also on the college’s LLM marketing hit list. Officials maintain that Germany remains a potentially fruitful market as there is already strong evidence that German graduate students are keen to do masters courses in the UK.
Black-Letter of the Law
While the IBA-College of Law LLM provides students with crucial skills in modern lawyering, its core purpose is to give graduates a crucial technical specialism in cross-border commercial law
Commercial lawyers can no longer afford to be tied to their home jurisdictions’ apron strings – they must take on the global village by expanding their awareness of cross- border legal issues.
Starting in September, a pilot programme will create opportunities for up to 150 young, unemployed graduates and increase their employability for small to medium-sized advisory firms, potentially leading to careers as a financial advisers.
Liz Field, CEO of Financial Skills Partnership, comments:
“This visionary new idea will give unemployed graduates access to rewarding careers in a sector which many young people have traditionally found difficult more diverse pool of keen and able candidates.”
That potentially career-saving advice comes from the top levels of the administration of the joint International Bar Association-College of Law LLM in International Legal Practice. The organisers stress that nuts-and-bolts black-letter law is at the heart of the LLM course, which is geared to give graduates a competitive edge in the increasingly global practice of commercial law.
‘If you are an international lawyer or a lawyer at a large commercial law firm, you can’t simply say: “I just do English law.” It just doesn’t work like that anymore,’ warns Martin Smith, the college’s head of business development.
Technical study
Course administrators point out that the five-year old LLM provides students with a fine-tuned specialisation in cross-border law, with the recently launched full-time course being even more steeped in technical study.
Its six modules – business, finance and the legal services market, international intellectual property, international competition and anti-trust, international mergers and acquisitions, international joint ventures, and international arbitration practice – all lean strongly towards the study of cross-border issues. Which means that while the modules all examine the law from a UK perspective, they also focus substantially on other major j
urisdictions. For example, the M&A module concentrates significantly on the US jurisdictions, while the competition module has a heavy dose of EU and US law. Indeed, the competition module is especially illustrative of this approach. It focuses heavily on areas such as articles 101 and 102 of the Treaty on the Functioning of the EU and also on major US legislation such as the Sherman Anti-trust Act, which, while more than 100 years old, is still highly relevant to all businesses doing cross-border deals in America.
But the LLM’s competition module doesn’t simply focus on the two huge jurisdictions of the EU and US – it also delves into regulatory issues in Australia and South Africa.
Merger regimes
The M&A field is another example of the international black-letter law focus of the LLM. As Mr Smith explains, these days only the smallest mergers do not involve cross-border issues. ‘The chances are that if they are of a certain size,’ he says, ‘there is a high probability that those mergers will have to be cleared by the relevant authorities in numerous jurisdictions – the US, Europe, China, just to name the most obvious. So the LLM provides a strong and invaluable grounding in how those regimes work, for example, around the highly complex threshold rules in each jurisdiction, which are especially
‘Historically, lawyers had some depth of knowledge of different subjects, now they need a great deal of depth in a narrow subject area but in a wider number of jurisdictions.’
And a wider breadth of knowledge is exactly what the course administrators maintain is what students will receive from the full-time, face-to-face London-based LLM.
difficult in the European context.’
For Mr Smith, the issue is not one of multiple qualifications, but of gaining a sufficient multi-jurisdictional grounding so that lawyers can make educated and informed decisions.
‘Today’s commercial lawyers don’t all need to be specialists in cross-border fields,’ he says. ‘For example an EU competition lawyer needn’t also be a specialist in American anti-trust law. But that lawyer needs to know the issues sufficiently well so he can contact an American specialist. An English lawyer won’t be qualified to advise on the intricacies of the US anti-trust law, but the LLM will have put that person in a position where he can recognise the issues and then go to the right US expert.
Small and medium-sized businesses make up over 90% of the financial services sector. Traditionally constrained by the demands of serving their market, these firms tend to rely on recruiting existing advisors. Finding the time and resources to devote to training and upskilling new talent can be difficult.
FSP has addressed this specific need through the Graduate Foundation College by creating a structured training programme which enables graduates to be ready to hit the ground running when joining SMEs.
Liz Field: “The Graduate Foundation College will provide small and medium-sized firms in the sector a pre-selected pool of high quality candidates who can contribute from day one. These can help firms grow their businesses and compete in a fast–changing market-place serving an increasingly diverse customer base.”
The College will deliver a concentrated pre-employment training programme encompassing on-line virtual learning, face- to-face exam preparation and work experience. Major sector employers such as Aviva, Just Retirement and Scottish Widows will help provide the training, ensuring its quality and industry relevance.
Successful candidates will be offered work placements with participating SMEs, and many of them will then be offered permanent jobs. SMEs employing them will benefit and have access to a pre-trained pool of able and highly motivated candidates.
Find out more at:
www.financialskillspartnership.
org.uk
MASTERS IN LAW (LLM) AT NOTTINGHAM LAW SCHOOL
Nottingham Law School is one of the largest university Law schools in the UK
We enjoy a national and international reputation for delivering high-quality education and training across a broad range of academic and professional Law programmes: from undergraduate to research degrees. The taught Masters programmes are an exciting and expanding area of the Law School, which demonstrates our commitment to offering a diverse and flexible approach to postgraduate study.
The taught Masters in Law (LLM) programmes at Nottingham Law School offer an exciting and flexible approach to postgraduate study. Students are able to build an LLM programme to suit their individual requirements.
In the competitive area of law, it is becoming increasingly apparent that many recent graduates wish to improve their academic profile by undertaking a period of postgraduate study. Furthermore, legal professionals and those dealing with the law within other work contexts such as business, may find
it necessary to enhance their career prospects by obtaining a postgraduate qualification.
The LLM programmes attract a wide range of students, from Law graduates and Law conversion students, to law practitioners. Some of the programmes are suitable for applicants from a non- legal background: for example, Health Law, Sports Law and International Criminal Justice. We have an extensive network of professional contacts, ensuring that our programmes reflect the latest professional practice.
The Nottingham Law School LLM enables you to build your own programme by selecting taught modules from a wide range of subject areas to suit your own interests and requirements. As such, you will be able to obtain either a Single, Joint or Major / Minor LLM award.
The LLM subject areas are all important at a national, European and international level, and have considerable significance in both academic and professional terms, particularly from an international perspective. Subject areas include: Competition Law, Corporate Law,
Criminal Justice, Employment Law, Europe and the Law, Health Law, Human Rights, Insolvency Law, Intellectual Property Law, International Criminal Justice, International Public Law, International Trade Law, Law (General), and Sports Law.
The full-time LLM programmes extend over a 12-month academic year commencing in September. The LLM programmes share one common
module; the Dissertation. In addition, you will also study six elective and compulsory modules pertinent to the award that you wish to obtain. For a named LLM you will be expected to study certain subject core modules. Nottingham is a friendly, thriving city in the heart of England, at the centre of a web of road and rail links that makes most parts of the country easily accessible. Around two hours by car from London and less by train,
Nottingham is a popular student alternative to the capital. As the commercial centre for the East Midlands, it is home to major UK and international companies, and financial and government offices.
International students are well supported by Nottingham Law School in terms of exploring a new legal culture and new legal language.
Furthermore, we offer international students who do not meet the full academic requirements, the opportunity to apply for a pre-Masters course which will introduce them to law and language, and enable them to obtain LLM places. As places are limited, you are encouraged to submit your application as early as possible to avoid disappointment. Please allow additional processing time for international applications from countries that require a visa.
The full-time LLM programmes extend over a 12-month academic year commencing in September. The LLM programmes share one common module; the Dissertation. In addition, you will also study six elective and compulsory modules pertinent to the award that you wish to obtain. For a named LLM you will be expected to study certain subject core modules.
Nottingham is a friendly, thriving city in the heart of England, at the
centre of a web of road and rail links that makes most parts of the country easily accessible. Around two hours by car from London and less by train, Nottingham is a popular student alternative to the capital. As the commercial centre for the East Midlands, it is home to major UK and international companies, and financial and government offices.
Trade, commerce, manufacturing and education have brought people to Nottingham from all over the world, offering an exciting mix of cultures and backgrounds. The large student population in this city of around 300,000 creates a vibrant multicultural society with opportunities for all. For further information on the LLM programmes, studying at Nottingham Law School and the city of Nottingham please visit our web pages:
http://www.ntu.ac.uk/nls/ courses/Postgraduate_and_ professional/LLM_courses/
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