A Students' Guide to the Top Placement & Internship Employers 2012 -2013
This year’s Guide will feature the Top 50 Placement & Internship Employers and Top 10 Medium-sized Employers based on student-written reviews submitted on RateMyPlacement.co.uk.
Being inspired to explore stays with you Insight Day Insight Academy Insight Partner Shadowing Insight Internship Insight International Internship Insight Business Placement 280+ UCAS tariff (or equivalent) Diverse people make us stronger Placement and Internship Opportunities Get a unique insight into the world of professional services. Make the most of your drive and initiative on one of our six Insight work experience programmes. You'll develop valuable business skills, discover where your strengths and interests lie, and gain the kind of industry experience that will boost your employability and could open all sorts of doors for you. You'll also find out what makes us so good at what we do: measuring, protecting and enhancing what matters most to our clients. And you'll soon see why we've been voted number one in The Times Top 100 Graduate Employers survey for the last eight years. Be part of something special and start exploring the possibilities ahead. www.pwc.com/uk/careers � 2011 PricewaterhouseCoopers LLP. All rights reserved. "PricewaterhouseCoopers" refers to PricewaterhouseCoopers LLP (a limited liability partnership in the United Kingdom) or, as the context requires, the PricewaterhouseCoopers global network or other member firms of the network, each of which is a separate legal entity. The Top 50 Placement Internship Employers Table 2011 2012 Ranking in the Top 50 table 1 Average Rating 2 8.72 3 78 4 Page number 8.61 5 6 102 7 8.61 8 126 8.59 9 114 10 8.51 11 90 8.45 12 56 8.27 13 52 8.18 14 100 8.15 15 106 8.12 16 88 8.08 17 8.06 18 66 8.05 19 104 8.04 20 50 8.01 21 112 8.00 22 84 7.99 23 124 24 7.98 25 7.96 72 26 7.94 27 86 7.94 28 92 7.90 29 7.84 30 62 7.81 31 7.81 32 76 7.78 33 128 7.77 34 48 7.76 35 58 7.74 36 46 7.66 37 7.62 38 7.60 39 108 7.60 40 122 7.56 41 94 7.55 42 96 7.55 43 74 7.52 44 130 7.52 45 60 7.51 46 118 7.48 47 64 7.41 48 68 7.40 49 80 7.38 50 116 7.24 82 7.10 54 7.02 120 6.96 98 6.96 110 6.92 70 6.84 Contents 3 Advice 3. Introduction 5. How the Top 50 Table was compiled How to get the most out of the Top 50 Guide 7. Why is a placement or internship so important? 8. What types of opportunities are there? Where to look for placements & internships 9. How to succeed with Cover Letters, CVs and Online Applications 11. The Assessment Centre and Interview: How to impress the recruiters 13. How to make a success of you placement or internship 15. What about placements & internships abroad? 45 The Top 50 Employers 45. Top 50 introduction 46. Bank of America Merrill Lynch 48. Barclays 50. Barclays Capital 52. BDO 54. BlackRock 56. Bloomberg 58. BP 60. Citi 62. Credit Suisse 64. Cummins 66. Deloitte 68. Deutsche Bank 70. Enterprise Rent-A-Car 72. Ernst & Young 74. FSA 76. GlaxoSmithKline 78. Grant Thornton 80. HP 82. HSBC 84. IBM 86. Intel 88. KPMG 90. Linklaters 92. M&S 94. Mayer Brown 96. MBDA 98. Mercer 100. Metaswitch Networks 102. Microsoft 104. Morgan Stanley 106. Nabarro 108. National Grid 110. NHS 112. Pinsent Masons 114. PwC 116. RBC Capital Markets 118. Rolls-Royce 120. Royal Bank of Scotland Group 122. Savills 124. Standard Life 126. TUI 128. Unilever 130. Vauxhall 17 Industry Insights 17. Industry Insights Introduction 18. Accountancy & Finance 20. Banking 22. Engineering 24. Hospitality, Leisure, Travel & Tourism 26. Investment Banking 28. IT/Telecommunications 30. Law 32. Management Consultancy 34. Property & Real Estate 36. Retail & FMCG 38. Science & Research 40. International 133 Best Small or Medium-sized Enterprises 133. SME Introduction 134. Ash Gaming 136. Champions Life Academy 138. ProspectSoft 140. We Brand It 142 More About Us 142. The National Placement & Internship Awards 2011 147. On-Campus Promotions 150. About RateMyPlacement RMP Enterprise Ltd. Vintage House 37 Albert Embankment London SE1 7TL 0203 242 0520 email@example.com www.RateMyPlacement.co.uk �RMP Enterprise 2011 Introduction After months of hard work, we are delighted to bring you the official 2011-12 Students' Guide to the Top 50 Placement & Internship Employers, by RateMyPlacement. co.uk. This is the only employer ranking that is actually based on the experiences of those students who have been there and done it! Building on the success of the 2010-11 `Top 20' edition, we have increased this year's Guide to bring you more advice, information and access to a wide range of employers who are looking for talented students like you! We first set up RateMyPlacement.co.uk in 2007 as students ourselves at Loughborough University after our own experiences out on placements and internships. We felt a website that allows students to rate and review their experiences would be a really useful resource for other students following in our footsteps. Since then, we're pleased to say the website and business has grown considerably and a key factor in our growth has been the increasingly important role that placements and internships are playing. In today's competitive graduate job market, the need to differentiate yourself from your peers has never been greater. Leaving university with employability skills and relevant work experience has become the key to securing a successful graduate career and a placement or internship is the perfect way of achieving this. So, the fact that you're reading our Top 50 Guide is a great start! This Guide is designed to showcase the best organisations when it comes to undergraduate placement and internship schemes. Based on reviews submitted by students on RateMyPlacement.co.uk, the Top 50 table of employers includes organisations from a wide range of industries, offering placement years, summer internships and short-term insights across a huge range of roles. And you can find them profiled on pages 46 - 130. Alongside this, the Guide also features a selection of Small & Medium-sized Enterprises (SMEs) who also offer great placement and internship roles. So there really should be something for everyone on the next 150 pages! Before the employer profiles, you'll also find expert advice and information on everything from why you should do a placement or internship, through to making a success of your role once you begin! Plus, we have a selection of twopage insights on a range of key industries which can be found on pages 18 - 43. We've designed the Top 50 Guide with you in mind - we want you to use the Guide throughout your search for a placement or internship and beyond. Be sure to regularly check out RateMyPlacement.co.uk too as we'll have a huge range of placement and internship vacancies available throughout the academic year. Finally, we'd like to thank all of the students who submitted a review on RateMyPlacement.co.uk, which allowed us to compile the Top 50 table. We'd also like to extend a special thanks to our premier sponsors, PwC (see page 114) and all of the organisations who have taken part in this year's Guide. Best of luck! Ali Lindsay, Oliver Sidwell & Chris Wickson Co-founders RMP Enterprise Ltd | RateMyPlacement.co.uk 3 Advice Could you have the next big idea? Could you change the world in 12 weeks? Could you be one of the few? Are you extreme? If you're an ambitious technical or business student looking for a Summer Internship, Extreme Blue is nothing short of a dream come true. You'll work at the cutting edge of technology and innovation, build on your IT and Business skills, develop a raft of new ones and be coached by some of the finest minds in the industry. Extreme Blue is all about pushing boundaries. It's challenging, rewarding and a chance to test yourself on live projects, as you run your very own micro business at IBM. You'll help to bring a new product to life, develop the technology and business plan behind it, design and test it. And 12 weeks later, showcase it to our business partners and clients. Are you up for the challenge? Let's build a smarter planet. ibm.com/start/uk/extremeblue/guide How the Top 50 Table was compiled The Top 50 Table is based on reviews submitted by students on RateMyPlacement.co.uk. For an organisation to qualify, they must have met the following criteria: � The organisation must employ 250 or more people � The organisation must have received a minimum of 10 reviews during 2010, for placement years, internships and insights that were completed in 2010. Within each review, students are required to rate and review their day-to-day role, the company in general and the other aspects that complete an experience such as the opportunities outside of work and the local area. Each review for a particular employer then combines to formulate an average rating. We then factored in the total number of students employed on undergraduate schemes and those organisations with a high ratio of reviews:total students employed were given a positive weighting factor. Companies offering more than 50 undergraduate opportunities were also positively weighted. Once the weightings were taken into account, we were able to establish our final Top 50 Employers table! How to get the most out of the Top 50 Guide Advice Section On pages 7 - 15, you will find expert advice and information on topics such as why a placement or internship is so important, the options available to you and how to ensure you successfully apply and secure a role. We have input from graduate recruiters and university careers advisors and we would definitely recommend utilising the Advice section as your search for a placement or internship progresses. Top 50 Profiles On pages 46 � 130, you will find two-page employer profiles of the top placement and internship employers. Following this, you will find a selection of featured Small & Mediumsized Enterprises (SMEs) who were shortlisted at the National Placement & Internship Awards in 2011. Each profile contains an overview of the organisation and the undergraduate opportunities available, plus key information and stats that you need to know. The majority also contain a case study with a student who has worked there too. Rank in the Top 50 table Average student review Industry Insights On pages 18 - 43, we have profiled some of the top industries that you may consider doing a placement or internship in. Within each Industry Insight, you'll find an overview of that particular industry, the types of roles available within it, the key skills and characteristics you'll need and more. We have also gained the advice of an industry expert for each Insight. Opportunities available at this company QR Code: scan this with your smart phone -see inside back cover Quote taken from a review left by a student on RateMyPlacement Key stats and information A summary of reviews by students on the RateMyPlacement site 5 Advice Don't think about your future. Give it a try. EY FastTracks programmes in Advisory, Assurance, Corporate Finance and Tax, help you experience work and life at Ernst & Young. No matter which year you're in there is an opportunity for you. � EY Insight Day � EY Leadership Academy � EY Global Exchange � EY Summer Internship � EY Placement To find out more visit www.ey.com/uk/careers � Ernst & Young 2011. Ernst & Young is an equal opportunities employer and welcomes applications from all sections of the community. The UK firm Ernst & Young LLP is a limited liability partnership and a member firm of Ernst & Young Global Limited. Why is a placement or internship so important Employability, employability, employability... Employability is one of the hottest topics in the world of higher education and graduate recruitment today. Quite simply, for an ever increasing number of employers, a degree is not enough to secure you a graduate position. Therefore, the need to acquire the relevant employability skills and work experience that recruiters are looking for before you graduate has never been greater and a placement or internship is the perfect way of achieving this. It is your chance to find out not only what you might like to do as a future career but perhaps just as importantly, what you don't want to do! Another great way of finding out what it is really like to work for a particular company or in a certain role is to check out the thousands of reviews held on RateMyPlacement.co.uk. We have student-written reviews covering a huge range of employers and sectors, providing you with a unique student-to-student insight into life on Stephanie Lee, Head of Graduate Recruitment at Intel, explains: placement or internship, before you apply. Improve your chances of getting a higher degree result... Studies have continuously shown that if you do a placement or internship you are more likely to obtain a higher degree result. In one study, students with a placement experience had a 39% better degree performance in their final year than those without. And with many employers now only accepting applications from students with a 2:1 or above, obtaining a good result in your final year is crucial. Secure a graduate position before your final year... Imagine starting your final year at university knowing you've already secured a graduate position? A placement or internship provides you with a foot in the door and the opportunity to meet and network with the people who can shape your future career. Make an impact, exceed expectations and you could be heading back to your final year at university with a graduate job offer already in the bag! Along with this graduate job, you may be asked to promote your employer whilst back on campus to further boost your CV and potentially earn a bit of extra cash. Our On-Campus Promotions arm (turn to page 147) of the business manages teams of Brand Managers in all years, therefore contact us via OnCampusPromotions.co.uk if you would like to be a Brand Manager! "In today's environment, students need to develop and improve their employability skills as well as gaining work experience before they graduate to secure the best opportunities in the market." With record numbers of unemployed graduates and applications per graduate role, recruiters are looking for those students who can differentiate themselves from the rest. A placement or internship provides you not only with the opportunity to apply and develop your skills, but also with the practical examples you'll need for successful graduate applications and interviews. Research what a career is really like... As well as improving your employability, a placement or internship provides you with the opportunity to do some research. As Lucy Hearne, Graduate Recruitment Manager at BDO tells us: "They are a great way of getting real life experience in a company or industry and finding out exactly what a career will involve before committing to a graduate position." 7 Advice - The Basics Advice - The Options / The Search What types of opportunities are there There are many different variations of work experience and often no definitive agreement on what some of the terms actually refer to, so it's understandable that students can get confused. Here, we've looked at three different options to give you an idea of the opportunities available to you... Placement Years Also known as: Industrial Placements, Sandwich Years, Year in Industry (and we should add, some employers also rather confusingly refer to them as a year-long internships, so always check!) These are structured programmes where you spend an entire academic year working for a company as a full-time employee before returning to university for your final year. For a "thick" placement this is in one 12 month block, or for a "thin" placement, it's in two six month placements. A full-time job means a full-time salary, with the average placement salary of �15,704 per annum, which works out at �302 per week � having said that it can be significantly higher � think investment banking!). Internships Also known as: work experience schemes, vacation schemes, summer internships Generally speaking, internships are formal and structured programmes which typically last for 8-12 weeks over the summer period but can sometimes can be as short as 1 or 2 weeks over Easter or at Christmas. Internships are often used as a way of identifying future graduate recruits and introducing them to the company. For those of you on straight 3-year degree courses, an internship is the perfect way of gaining the all important work experience and employability skills during your break from university. The majority of summer internships are paid and as with placement years, are the perfect opportunity to impress and line up a graduate position. Short-term Insights An increasing number of organisations are running `insight' days or weeks primarily for first year students, however many are open to all undergraduates. Often taking place during the holidays, these are designed to give you a taster of a particular company or industry and at the same time allow the organisation to identify potential future interns and placement students. Where to look for placements internships Your University Find, meet and talk to your university careers and/or department placement office. They will be able to advise you on the type of companies and roles that might be suitable and help you find any relevant and interesting opportunities that you can apply for. University careers and placement advisers have a wealth of experience and will be able to help you with your CV, cover letters and applications. It is highly likely that your university will also arrange Careers Fairs for you to attend and meet with a wide range of employers and if you're lucky, you can meet the RateMyPlacement team! RateMyPlacement.co.uk Shameless plug coming up � make sure you check out and sign up to RateMyPlacement.co.uk, we are the leading website when it comes to undergraduate placements and internships! We have the largest database of placement, internship and short-term insight vacancies across a wide range of industries for you to apply for. As the name suggests, you can also read through thousands of student-written reviews on their experiences � providing you with anonymous, honest and independent feedback on exactly how it is! Alongside the vacancies and reviews, we have expert advice, videos and tools such as your very own application tracking system to provide you with a complete and comprehensive resource to help you find your ideal placement or internship. And it's all completely FREE of charge! Top 50 Employers offering Insight Opportunities � Bank of America Merrill Lynch � Barclays � Barclays Capital � BP � Credit Suisse � Deloitte � Deutsche Bank 8 � Ernst & Young � FSA � KPMG � Linklaters � Mayer Brown � Mercer � Morgan Stanley RateMyPlacement.co.uk � Nabarro � NHS � PwC � The Royal Bank of Scotland � Savills How to succeed with Cover Letters CVs and Online Applications In theory the application process should be very simple: an employer tells you what they're looking for, you tell them how you meet those criteria and the employer asks the best candidates back to find out more. What gets in the way though is the confusion over covering letters, CVs and online application forms and, often, some very silly mistakes. Cover Letters and CVs The first step is often the covering letter. This is your introduction to the company and the first thing a recruiter will read. In it you should introduce yourself and give three or four reasons why you're really excited about this opportunity and why you're perfect for the role. Be polite, but above all, be engaging. Your covering letter should be enough to get a recruiter to read your two-page Curriculum Vitae (CV). This sets out a more formal overview of your experiences, qualifications and achievements. Each CV must be different and tailored to the particular job you're applying for, companies want relevant applications, not generic applications! Jo Chester, Graduate Recruitment Support Manager at Cummins, gives us her tips for a successful application: Nicola Jay, HR advisor at MBDA, gives us her advice: "Take your time to complete a form and provide as much information about yourself as possible - if you are allowed up to 200 words for a question - use 200 words! Always re-read application forms before you submit them, and ask someone else to check through it." We recommend that you prepare your answers in a separate document and save them for future use - this will also help with spell check as Online Application Forms often don't have this functionality! However make sure you don't just copy and paste your answers into future applications � always ensure you tailor your answers to the specific role and company. "Ensure your application is specific to the company and the vacancy. Research the company ethics, core values and mission statement to tailor your application to show you would fit in well. Make sure you include the modules you have covered so far and any work experience, however small as there will be transferable skills such as team work; working to deadlines; using your initiative; problem solving; communication skills etc. Start your CV with the most relevant information - the degree you are studying. Make sure your contact details are up to date and include an email address and mobile phone number." Online Application Forms Most companies now use online application forms so make sure you read the guidelines, these often include maximum word counts � something you should pay careful attention to. Alongside standard questions about personal details and education background, you will usually be asked to complete a series of questions designed to explain how your skills and achievements make you an ideal candidate for the role. Top 3 mistakes that get your application binned 1. Poor spelling and grammar This is always top of an employer's list of pet hates and will guarantee your CV goes in the bin! Check, check again and then ask someone else to check your CV, Cover Letter and Application! 2. Copy and paste The amount of times that we've come across applications that contain the wrong company name is frightening! Recruiters are looking for people who want to work for them, and not their competitors! 3. Not meeting the required criteria Many employers have strict criteria that must be met before you can apply. Always ensure you meet the criteria before wasting hours submitting an application. If in doubt, contact the company directly beforehand to check. RateMyPlacement Co-founder, Oliver Sidwell, gives us his thoughts. "Online applications do take time, try not to get frustrated! Think about it from the recruiter's perspective as opportunities are competitive and therefore the online application forms have been implemented and designed to whittle down a large pool of candidates. We have recently added a new `Application Tracking System' on the RateMyPlacement website which will help you keep a track of all of your applications and progress too, completely free of charge." 9 Advice - The Application Intern Programme Graduate Programme Investment Management YOUR TUESDAY MORNING TUTORIAL IS NOT THE ONLY PLACE WHERE YOUR OPINION MATTERS. What are the ramifications of revolutions? What does that vote mean for this venture? The world is a fascinating place and it's our job to understand it. At Baillie Gifford, we invest �75 billion in assets for our clients by asking questions, challenging assumptions and drawing conclusions. As an intern with us next summer, you will be working on a team with senior Fund Managers and Investment Analysts. We'll expect you to listen, contribute and learn about our business and the work we do, as well as sharpening your own analytical and thinking skills with real assignments for real clients. Whether you are thinking about cattle farming in South America, writing a report on the rise of Chinese consumer technology firms or examining the effect of debt defaults in the Eurozone, we can guarantee your summer break will be as rigorous and fascinating as a whole semester of lectures. If you are excited by the opportunity to live and work with other Baillie Gifford interns, learn from senior partners, fund managers and analysts and come to work every day in the heart of Edinburgh, it's clear you'll want to find out more. Visit bailliegifford.com/interns BE CURIOUS The Assessment Centre and Interview How to impress the recruiters So you've made it this far. The fact that you've got to the interview/assessment centre stage shows that you have the skills and experiences that the employer is looking for. Now is your chance to impress them face-to-face and secure that placement or internship offer. Be prepared! One of the first mistakes students sometimes make is not going back over the information that got them through the door in the first place. So read and re-read your CV and application form. It doesn't look good if an employer has to remind you of what you said on your CV � at the worst it can make you look like you were being generous with the truth. There's a fine line between rehearsing and learning answers off-by-heart so that you can only deliver them with the emotion of an android. Speak to your careers/ placement office which will give you a head-start on some of the most common interview questions and allow you to practice what you would say in response. Finally, do your research on the company. Find out as much as you possibly can about the industry, the organisation and the role � be prepared to impress with your knowledge and demonstrate that you really want to work for that particular company, this can often set you apart from the rest. Assessment Centres and Interviews Many organisations now use assessment centres to make their final decision. Whilst they may sound a bit intimidating, with the correct preparation, they are nothing to be feared! It's likely you'll have to attend a company location and join in a schedule of exercises, tests and interviews. Speak to your careers/university office and ask for examples to familiarise yourself with the types of different exercises you may encounter to give yourself a head-start. Lucy Hearne, Graduate Recruitment Manager at BDO: There is no secret to doing well at assessment centres and in interviews. You've already proven that you have the necessary skills to do the job, now the company just wants to see what your personality is like and how it would fit in with the firm. Ultimately, the best advice is just to be yourself, and when you're participating in the exercises always remember: � Be positive � Listen to everyone and consider all points of view � Give constructive feedback, never criticise � Enjoy the exercises � Relax � Prepare examples from your own experiences to use � Ask questions! This is a two-way process, prepare good questions that show you've thought ahead and considered potential eventualities Top 3 tips to make a good first impression Research shows that we make an impression on someone within the first few seconds of meeting them. So how can you ensure it is a positive one! 1. Be on time It goes without saying, but make sure you arrive for the assessment centre or interview on time! 2. Be yourself and be at ease Try to relax and smile when you first meet people, make eye contact and demonstrate you are enthusiastic and delighted to be there. If you're nervous and uncomfortable, the recruiters will pick up on it � and it won't help! 3. Present yourself appropriately Again, this should go without saying, but ensure you are dressed appropriately. Looking smart and overdressed is definitely a better option than being underdressed. If you're not sure, send a polite email and ask. 11 "Make sure you find out what the interview or assessment centre will involve, most employers will have information about this on their website but if you cannot find what you are looking for contact them directly, recruiters should be happy to answer your questions and will be glad to hear you are taking the process seriously. Once you know what you are going to be doing make sure you set aside time to prepare, ideally not the night before. It may also sound like common sense but make sure you can talk about the company and position you are applying to, a surprising number of people can't." Advice - The Assessment Centre and Interview Looking at an IT career? Upgrade your placement... If you've read this far in the booklet, you probably don't need us to remind you how worthwhile a placement is. The evidence is clear: placements enhance your employability and improve your skills; just as importantly, they help you make informed judgements about your future and your career. They send you back to your studies with a new focus � many students believe that the experience contributed to a higher degree classification. Not all IT placements are created equal If you're planning a career in the competitive but rewarding IT sector, a placement will get you off to a great start � but there's a way to be certain you'll get the best possible experience. Look out for an e-skills Professional Placement: alongside the standard benefits, you'll be supported to develop the employability skills that employers really value, from commercial awareness to personal effectiveness. What's more, you'll get a certificate to prove it � a boost to any CV. The e-skills Professional Placement � managed for success The e-skills Professional Placement has been specially designed to give you the assurance that your placement is the best it can be. Set up by employers and universities, recognised as supporting the best placements available, it is based on a set of Best Practices and Learning Outcomes that define � Roles and responsibilities for you, your employer and your university, both before and during your placement � Clear expectations of what you should achieve and what your employer should offer you � Regular online reporting, submitted to your Line Manager for approval and grading, and a final assessment � Support from your university during your placement, including monitoring through your online submissions Everything's directed to developing the qualities that will land you the job you aspire to. Alongside your normal work requirements, you'll work on your business understanding, and will have opportunities and encouragement to develop your interpersonal and team-working skills. Proof positive of success At the end of a successful placement, you'll receive a certificate endorsed by your employer emphasising their recognition of your employability skills. It's a reflection of all the effort you've put in, and a powerful addition to your CV. Good for you, good for employers The e-skills Professional Placement works for everybody: it's designed and supported by employers in partnership with universities, and is managed and supported by e-skills UK, the respected employer body for business and IT. It's been planned to attract the best, and to help you achieve an agreed national standard, in whatever type of company you pursue your placement. It's the gold standard, and is now offered by more than 200 employers: don't settle for less. firstname.lastname@example.org www.e-skills.com/internship How to make a success of your placement or internship So you've made it! You've secured yourself a placement or internship and it would be easy to think that the hard work is done but the question is now, how do you make the most of the opportunity? Remember: You've got a foot in the door � you're not through yet It's no secret that many employers view placement and internship schemes as `extended interviews', giving them the opportunity to identify future graduate talent. So, it's essential that you make the most of your opportunity to impress says Maria Floud, Grant Thornton's Graduate Recruitment Manager: (even if people are really busy). Effective feedback can only help you to improve." Make and take your own opportunities It's an obvious statement, but those students who push themselves and get involved as much as possible often get the most out of their placement or internship. Ask good questions, do your upmost to exceed expectations and you'll not only enhance your own skills and development, but will improve your chances of being asked back into a graduate role. Meet people, remember their names and develop your network Ultimately, when it comes to a recruiter deciding whether they want to employ you, it will be influenced by the people you've been working with during your placement or internship. This doesn't mean you have to suck up, but you should be polite and approachable and get to know as many people as possible while you're on the inside. Take every opportunity to work with as many different colleagues as you can and get involved in activities outside of your normal day-to-day tasks. Work hard but don't forget to enjoy yourself No one wants employees who are 100% about work, so socialising with your new colleagues is a great chance for you to impress outside of work and make new friends. Employers are not only keen for you to succeed in your role, but they also want you to enjoy your placement or internship, have a great experience (and positively review your placement on RateMyPlacement.co.uk!). Most employers will organise social events to welcome you to the organisation and there are often chances to get involved in sports clubs and events outside of work. "When we do see someone with focus, who knows where they want to be and who's done their homework then they really stand out." Be professional throughout your placement It's vital to remember that you're not a student any more and you won't be treated like one either. So, you must quickly adapt and ensure you behave in a professional manner from day one; treat everyone with the upmost respect as you never know who you may meet during your first week! "We don't expect our placements to know everything when they start with us so we do expect them to ask lots of questions," says Jo Chester, a Graduate Recruitment Manager at Cummins. "As we look for innovation and enthusiasm in all of our employees, we also welcome their input and suggestions. Treat your placement like a 12 month interview; it could be the first step to a very bright future if you make a good impression." Learn how to communicate and how to listen A placement or internship provides the ideal opportunity to improve your communication skills. Ask plenty of questions and expect to be communicating with colleagues and customers from a wide range of areas. Your manager should carry out regular one-to-one meetings with you to ensure your progress and development is on track and you should not be afraid to speak up if things aren't going well or you have any questions. Giovanna Micelli, Graduate Recruitment Manager at Mercer, provides her input: "Don't wait until the end of your internship to hear how you're doing; make sure you ask for feedback after you do a piece of work 13 Advice - The Job Itself! Could you simply communicate a solution to a complex problem? Enabling you to be the best that you can � First class training and work experience � Nurturing talent and enthusiasm � Real responsibility � Work life balance Join our 2012 Summer Programme @ www.barnett-waddingham.co.uk/careers Barnett Waddingham LLP, the UK's largest independent provider of actuarial consultancy services. What about placements internships abroad Demand amongst students to acquire work experience abroad has been on the rise in recent years. Internships, placement years, volunteering, teaching and international study are just a few of the options available to students who wish to travel abroad in search of that all important work experience! What are the benefits? The beauty of taking a placement or internship abroad is that it allows you to not only gain work experience and vital employability skills, but also allows you to incorporate the option of travelling and exploring the country (or continent!) you are working. A placement abroad is also excellent for those who wish to develop their language skills. Mat Lucas, an intern at a top Investment bank in Paris tells us more: Top Tips from those who have been there and done it... From thousands of reviews on RateMyPlacement, there are three key things that are consistently cited within fantastic experiences, and the lack of these are often cited in poor experiences: � Responsibility - The well rated reviews shout about how much responsibility the student asked for and were given as a result. The impact upon productivity and motivation was huge due to this level of responsibility. You may have to earn it first, but the best employers aren't scared to delegate to those they trust. On the flip side, poor experiences are met with low levels of responsibility, boredom and overall, an unsatisfactory placement or internship. If you find yourself with little to do - ask someone and do something about it! � Support/Guidance - Something the well rated reviews all cite is support and guidance from upper management, either a senior boss, partner, HR or line manager. Make sure you're aware of the levels of authority and work out who to go speak to if you have questions. Poorly rated reviews all cite a lack of this and feeling undervalued and lonely is no way to learn. � Work hard, play hard! At the end of the day you want to do a placement or internship to further your career and learn so the best advice has to be - give it your best shot. Work hard, put in the hours and you'll make the most out of it. Alongside this, the company recognise you are students and want you to enjoy yourselves too so make sure you take every opportunity! "I moved to Paris as I wanted to become fully bi-lingual. I have always wanted to work in the banking and finance industry and an international placement has allowed me to combine the two. I now have the opportunity to work all over the world, something that I am unsure I would have experienced if I had remained in England." For anyone considering international work experience there are a number of options available to help you. Turn to pages 40 - 43 to find out more about the companies who can help you to find a placement or internship overseas. There are huge benefits of working abroad and in today's increasingly global business world, international experience could prove invaluable. However, it is certainly not the easy option; be prepared to put in plenty of hard work in finding, arranging and securing your placement or internship abroad and bear in mind that you may not enjoy the financial benefits associated with working in the UK. 15 Advice "I have benefited enormously from the experience and input of my colleagues and managers, and this knowledge is reinforced by formal training sessions held across the country" - Nicola Macaulay, Aston University. Placement Student 2010-2011 Cooper Industries, a global manufacturer with 2010 revenues of over $5 Bn and administrative headquarters in Houston USA, devotes substantial resources to the recruitment and ongoing development of graduates from the best colleges and universities around the world. Our twelve month placement programmes cover most areas of our business and are designed to give you an insight into a real manufacturing business whilst exposing you to large projects and preparing you for a potential return on to one of our specialised graduate programmes. At the same time we will prepare you for future leadership opportunities by offering the chance to learn through hands on experience and professional training. Placements available in Operations, Engineering, HR, Finance, Marketing and Customer Service. www.cooperindustries.com - Industry Insights On the following pages you will find a selection of `Industry Insights' - two-page profiles of a selection of the most popular industries for placements, internships and graduate schemes. Within each section, you will find an industry overview together with a Q&A with an `industry expert' from one of our Top 50 Employers. Enjoy... 17 Industries Industries - Accounting & Finance Accountancy Finance Industry Overview The accountancy and finance sector consists of firms offering a variety of professional services for organisations and individuals including audit and assurance, tax, advisory and outsourced services. All large businesses and many small to medium sized enterprises (SMEs) have a finance function that could potentially employ finance staff. Accountancy and finance professionals have a wide range of responsibilities, from ensuring that company finances remain `healthy', to analysing if the organisation can afford to expand or diversify, and making sure routine functions such as paying members of staff and suppliers are completed accurately and on time. Their functions are integral to their employers' decision-making processes and also crucial for long-term organisational stability and growth. Accounting and finance professionals operate across every industry, and generally work in one of the following: � Industry: In other profit making firms across all sectors ranging from engineering and media companies, to insurance and investment firms. � Private practice: These range from large UK based firms which offer a broad range of audit, accountancy, taxation, and consultancy services, including research and organisational development, to small and mid-tier accountancy firms who operate locally in every town across the UK. � Public sector: These are organisations such as the NHS, local authorities, schools, the government, charities and other non-profit making organisations. Accountancy and finance is a broad term which can refer to the full spectrum of specialisms including auditing, bookkeeping, payroll, financial accounting, forensic accounting, corporate treasury, tax consultancy, insolvency management, plus many more. Important skills to succeed with a career in accountancy and finance include good communication and analytical skills, a high attention to detail and level of accuracy and both numeracy and IT skills. To find out more, visit the Financial Skills Partnership website � www.fssc.org.uk. An Industry of choice Over 2 million people work in finance, accountancy and financial services in the UK in over 67,000 firms ranging from international corporations to small local firms. The industry is fast-paced, innovative and influences everyone's life every day. It offers global opportunities and many rewarding careers. The workforce