Before starting my second year, I was looking for a part time job that I could do alongside my studies. I came across Frontline whilst searching for flexible charity positions. I had begun to think that my search was a little niche – flexible, salaried positions where you can work in your own time toward a good cause… I hadn’t had much luck until I found Frontline. I had worked with vulnerable young people in the past so I was immediately drawn to the mission of changing the lives of children in the UK through social work. I also wanted to gain experience in PR and marketing so this role was ideal.
Guest blog written by Miles Thorp, digital Director at Banana Moon, personalised clothing company
So, the hunt begins. How are you feeling? Overwhelmed? Excited? Stressed? I remember feeling all the above when I was looking for a placement. Feeling like someone slapped me round the face every time I got rejected and oh boy, there were a few rejections. Since then I’ve had the pleasure of seeing the placement process from both sides. Finding and doing a placement and hiring and mentoring placement students. I can’t help but think, if only I knew then what I know now. If I could take all the best bits from the applications I’ve reviewed and the students I’ve worked with, finding a placement would have been a piece of cake! Here are some actionable next steps to help relieve some of your stress.
Why do you want to do a placement? This should be the first question you answer. The reason behind getting a placement will help you decide on the type of company you want to work at and it will also help you plan for the worst-case scenario.
Action 1: Define 3 reasons why you want to do a placement
Guest blog written by Jessica Murray, Content Creator at Debut
Thinking about applying for a placement year? Wise decision, my friend. A placement year is a sure fire way to build your network, develop some valuable skills and graduate from university with experience that will make you super employable.
But while that’s all well and good, it’s the application that’s the tricky part, right? There’s no denying that some placement roles can be competitive, but don’t let that put you off.
We’ve got loads of top tips for applying (as well as loads of placement year opportunities up for grabs on our app), so why not make 2018 the year you step outside your comfort zone and bag your dream opportunity?
In this post Laura Blackledge, Student Recruitment Officer at PwC, for the University of York, shares invaluable insight into how to succeed in assessment centres. Don’t forget that Careers will be running an Interview and Assessment Centre experience event on 7 Feb, which PwC will be attending. Book your placement using the above link.
Why do employers use assessment centres?
Employers use various tools during the recruitment process for a number of diCheck out our latest guest blogfferent reasons:
- Measure your abilities
- Understand your experiences and skills
- Establish your preferred working styles
- Identify your behavioural responses
- Provide a job preview for yourself
We know the role and the needs of the roles we are recruiting for.
Our business’ sustainability depends on filling our roles with the most suitable and talented people.
We need to find the right fit – that is what’s best for us and the people we hire – so they can enjoy sustainable and fulfilling careers.
For those still on campus and wanting to use Careers, here are our opening times.
Christmas vacation opening times: 4 December – 5 January
|4 – 19 December||Open Monday – Friday, 10.00am – 4.00pm|
|20 December||Closed for staff training|
|21 December||Open, 10.00am – 4.00pm|
|22 December – 1 January||University closed|
|2 – 5 January||Open, 10.00am – 4.00pm|
Please check the web page for appointment availability. We only offer Careers Advice appointments during vacations, but you can have your CV and applications reviewed at these appointments.
We look forward to seeing you again in the new year!
What they can offer students
On the 8th November this year, The Bank of England came onto campus to deliver a talk on their company culture and recruitment tips. Our Careers Consultant, Erica Rowell, went along to the talk and compiled some of the information that was given into a two-part blog for those who couldn’t attend this insightful event. Below, in Part One of her blog, Erica talks about the different kind of employment opportunities they can offer students.
The Bank of England offers a number of internships and graduate programmes. Here are some of those programmes:
- First year internship (6 weeks duration)
- Penultimate year internship (8 weeks)
- Postgraduate internship (8 weeks)
- Industrial placement (13 months)
All of the students on these internships are inducted together as a cohort and treated as part of the team they are allocated to. There are no special projects and interns are expected to ‘hit the ground running’ and work alongside staff. They do have support systems in place including a mentor and line manager; however there is no financial or other support from the Bank for accommodation while on an internship.
The first and penultimate year internships are suitable for students with a degree in any discipline. The Postgraduate internship is for students with a degree (1st class or 2:1) in Economics and/or Finance.
For the first year internship the Bank will look at UCAS points gained. For the penultimate year the Bank will want an update of grades achieved so far. There is a free text box if you need to explain why current grades do not match the predicted class of your degree.
The Industrial Placement offers opportunities as:
- Research Assistant – will gain first-hand experience in the Bank’s core work. Working alongside economists on a wide range of issues, and gain experience of briefings and produce charts and tables for Monetary Policy and Financial Policy Committee. Will also manipulate economic and financial data for research projects.
- Project Assistant – are based in either Banking Services or the Programme Office and can work in a variety of roles, including assisting with project processes, supporting testing, trialling and implementation, as well as senior team members.
- IT Associate – will be part of the Technology Division, working in the Application, Development and Maintenance area or the Infrastructure Group. Experience will include contribution to the success of challenging projects and valuable hands-on experience from technical experts.
Operations – generalist scheme, and is open to Graduates from any degree discipline. This stream opens up opportunities in many areas across the Bank, including Banking, Notes and Central Services.
Economist – need to be studying an Economics or Finance undergraduate degree. This stream will develop your skills at the heart of the UK economy.
Risk – this stream develops Graduates to provide technical expertise in areas such as stress testing, the Help to Buy scheme, or wider market risks. They work within areas such as Supervisory Risk Specialists. Strong analytical skills are key for this stream.
Data – these roles are vital for collecting, compiling and analysing data for publication. The Bank looks for students studying a quantitative degree, such as Maths or Engineering. These roles are in areas such as Advanced Analytics, Statistics and Regulatory Data and the Chief Data Office.
Technology – the Technology division enables everything at the Bank, including supporting systems like the Real-Time Gross Settlement (RTGS), enabling the UK financial services sector to transfer trillions of pounds in payment transactions every year. You don’t have to be studying a Computer Science degree –they are also looking for students with an interest in Technology. Based on your interests and skillset, you will be matched to a pathway, such as: Developer, Infrastructure, Service Management or IT Security.
Supervision – open to Graduates from any degree discipline, you’ll be at the heart of the Bank’s work to protect the stability of the UK’s financial system by supervising financial institutions. You could be supervising insurance companies, international banks, building societies, key financial infrastructure or UK banks of all sizes. Supervision puts your analytical, problem solving and professional skills into practice; you will work closely with senior internal and external stakeholders to identify and mitigate potential risks before they can have an adverse effect on the financial system and the public.
Postgraduate – if you are studying for a Masters degree in an Economics or Finance discipline and are looking for a Graduate position, this is the stream for you. These roles are in research-focussed areas such as Monetary Analysis, International or Markets.
Actuarial – qualify as a Fellow of the Institute and Faculty of Actuaries (Enjoy a salary increase each time you pass an exam!)
All entrants take the Central Banking Qualification, and then study towards a postgraduate certificate in central banking and financial regulation – accredited by Warwick University. It is a 27 month programme and cohorts of entrants are grouped together for the whole of the programme for study days. These take place in the Shard, London.
There are approximately 150 internship/graduate programme places and over 1000 applicants. There are fewer applications for the economic stream. Also, if you apply for this stream and are not successful the Bank may recommend you joining an alternative application stream.
Applications for the graduate stream closed on 13th November 2017, however the internships are open until mid-January 2018.
On Christmas Day, after the turkey has been eaten, the presents have been ripped open and you’re recovering from too much pud, you can slouch into the sofa and breathe a sigh of contentment.
However, the Christmas vacation isn’t all about groaning at Christmas cracker jokes and watching festive celebrity editions of Pointless. It will probably bring you some slightly less seasonal activities too – you might have course work to complete or revision to begin. You may also have to fend off those tricky questions from parents, aunts and uncles. You know the ones – “what are you going to do after you finish at University?”, “have you started applying for jobs?”
Make time this vacation (before Christmas takes over) to take some positive steps, so you can answer those questions with confidence!
Unsure what career is for you?
Start to Get ideas from the web page of the same name! Our Career planning info sheet has lots of exercises and resources to help – you don’t need to look at them all, but there should be something useful for you to try.