YOUR GUIDE TO GRADUATE TRAINING SCHEMES 2013
By Jake Butler
It’s a scary thing, isn’t it, figuring out what you want to do after university. Perhaps that’s why graduate training schemes are so popular! There are of course a whole host of sought-after benefits that come with the experience of being on a grad scheme, making them the Holy Grail for many students.
They’re Not all the Same
Before we jump into the juicy details, it’s worth knowing that grad schemes come in all different shapes and sizes, from global blue-chips to local SMEs. When it comes to applying, you’ll want a strategy and it can pay off to think a little out-of-the-box.
Why Read This Guide?
This guide will give you a really good and balanced overview on graduate schemes in the UK – the good, bad and the slightly ugly. Having read through it, you might decide the graduate scheme road is not for you. That’s just fine, and keep in mind that there are many alternative paths to take, and we’ll be looking at some other great ways to kick-start your career too.
8 Things you Should Know About Graduate Schemes
Ok! Before you embark on applications, there are 8 key things you should know about the process and what graduate schemes have to
offer you: 1. Most applications take place between September – January for starting the following September
2. They tend to be very competitive. For the big employers, statistically you have a 1-in-10 chance
3. Salaries can vary widely depending on company and industry, but average around £25,000 for the first 2 years (see expected salaries)
4. Your CV needs to be top-notch. Read our guide to an outstanding CV
5. Applications take time! Be selective, spend good time on a few to boost your chances. Read more on how to apply
6. Don’t miss the deadlines, whatever you do. See a full list of deadlines here
7. You’ll boost your chances of success if you register with a specialist graduate recruiter.
We can highly recommend the Graduate Recruitment Bureau, a career match-making service with a friendly team who will work with you to get the perfect graduate job. It’s completely free to students and graduates. Register with GRB now.
8. Grad schemes are not for everyone, there are lots of alternatives which we consider here.
Remember – graduate training schemes are so highly sought-after for a reason. If you are accepted on to a graduate scheme then your career opportunities are huge. We’ll now look at some of the key benefits before drawing out some of the possible downsides you may not have yet considered.
The Benefits of Graduate Training Schemes
There is no doubting the benefits of securing a place on a decent graduate scheme in a field you want to forge a career in. Here are some of the key benefits
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