What Makes Graduate Schemes So Popular?

When you leave college or University and head out into the big wide world of work it can be a highly daunting prospect, especially when you can’t seem to find a position in the industry you really want to work in despite the hours spent looking in recruitment agency windows, sites like http://www.jobstoday.co.uk and walking the high street handing in CVs.

The larger organisations are inundated every year with people fresh from their exam results who apply for any position they can in order to get a foot on the ladder, and many target the numerous graduate roles on offer. Companies will invest substantial sums of money in graduate training schemes in an attempt to find and nurture the fresh talent into people who will be of long-term benefit to the company in the years to come, working their way up until they reach the very top in their field. Or that’s the aim anyway.

Over the years, graduate schemes have been popular in the major sectors, like financial services organisations, insurance companies and banks who look to bring in the best young minds; but in recent years the opportunities have grown and there are now more sectors than ever before offering graduates positions. The question is, what are the benefits from both perspectives – that of the graduate, and that of the company hiring them?

One of the main reasons behind the move to hire graduates is that the company can ease them into the role within the firm, bridging the gap between leaving University and the world of work so that it’s not so daunting and expectations aren’t quite as high. Most programmes will last between one and two years, giving the graduate all the time they should need to experience a wide variety of sectors within the company so that they can specialize in one specific area at the end of the scheme if the company chooses to keep them on on a full-time basis.

Quite often the company will assign each graduate a mentor, someone who isn’t necessarily a member of the management or a team head, but someone who may have followed a similar career path with similar ambitions to help them to find their feet and to answer any questions they may have without the feeling of pressure associated with speaking to managers.

It’s worth noting, however, that it’s not as simple a scenario as completing your studies and walking into a graduate position within your preferred sector. You will need to have plenty on your CV already aside from just your qualification, you need to make sure that you’ve got plenty of work experience that will help you to stand out from the other graduates. If you’re not successful the first time around, then persist with your applications as many of the ‘smaller’ companies will also be on the lookout for promising graduates.

Author: Debbie Fletcher is an enthusiastic, experienced writer who has written for a range of difference magazines and news publications. Follow her here: @Debbie_Fletch18