If you’re going into your final year of uni, you might be thinking about what to do next. Some people will go on to do a masters or further education, some may take a gap year, but some will be applying for positions during their final year to ensure they have a job when they leave uni. Graduate schemes can be a great way to start a career, as they’re tailored specifically for graduating students. This guide will give you all the information you need to start applying for roles.

What is a graduate scheme? All you need to know
Source: Canva

What exactly is a graduate scheme?

A graduate scheme is a structured training programme that allows you to get your foot in the door of large, successful companies. They usually last for around two years, with the possibility to go onto another role within the company. These schemes are designed to develop future leaders, specifically by catering to graduates fresh out of uni. The job market is a huge place, and you might find yourself lost in all the roles available. Applying for roles and schemes for graduates can help you better your chances in the career path that you want.

What is a graduate scheme? All you need to know
Source: Canva

What’s the difference between a graduate scheme and a graduate job?

A graduate scheme is very similar to a normal job, however there’s an emphasis on the training element. Many graduate schemes will give you the opportunity to gain professional qualifications that compliment your work. Graduate schemes also tend to rotate people through different departments to allow them to discover what sort of area they excel in. Graduate jobs, however, are usually specific, fixed roles aimed at newly graduated students. A graduate scheme will give you more variation than a graduate job or an entry-level job. If you want to know more about graduate jobs, read our article on graduate recruitment agencies.

What is a graduate scheme? All you need to know
Source: Canva

Types of graduate schemes

There are many different types of graduate schemes across different subject matters and career sectors. For example, if you want to earn a living while helping others and putting a positive impact on the world, you could apply for a charity graduate scheme.

There are graduate schemes available in every city in the country. All you need to do is search for grad schemes near you, or if you want to move around and try living in a new city, you could apply for some roles a little further from home. London is a great place to network and start a career. Here are 20 fantastic graduate scheme opportunities in London. On a broader level, here are the best graduate schemes across the UK.

What is a graduate scheme? All you need to know
Source: Canva

Salary and benefits

Most graduate schemes pay a competitive salary, with opportunities for raises after you have been with the company for a certain amount of time. As well as the salary, there are other benefits to graduate schemes. Once you have completed your scheme, there is a large chance that you will be offered a permanent role within the company.

These schemes offer a good pay and job security. They also focus on developing your career and experience, so if you want to go on to do something else after your grad scheme finishes, you can! Graduate schemes will bolster your CV, making you much more employable.

What is a graduate scheme? All you need to know
Source: Canva

Other pathways

If you decide that a graduate scheme isn’t for you, there are other paths you can take. From gap years, to masters degrees, to work placements and graduate jobs, there’s something out there for everyone. Check out our guide for what to do after you graduate for some inspiration.

Author