A Guide to Placements School of Business and Economics
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1 Burto upo Tret IHG office A Guide to Placemets School of Busiess ad Ecoomics
2 TOP-10 UK BUSINESS SCHOOL CONSISTENTLY RATED BY NATIONAL LEAGUE TABLES Welcome Pioeers of the placemet scheme Key features of a placemet TO HOLD AACSB, EQUIS & AMBA ACCREDITATION AMONG JUST 1% OF BUSINESS SCHOOLS IN THE WORLD PROFESSIONAL PLACEMENTS ON ALL COURSES LIBRARIANSHIP AND INFORMATION ND MANAGEMENT THE TIMES GOOD 2 UNIVERSITY GUIDE 2014 BUSINESS AND MANAGEMENT TH STUDIES COMPLETE UNIVERSITY GUIDE UNDERGRADUATE STUDENTS FROM AROUND THE WORLD ACCOUNTING TH AND FINANCE COMPLETE UNIVERSITY GUIDE Loughborough Uiversity s School of Busiess ad Ecoomics is a vibrat, forward-lookig cetre of educatio. Cosistetly rated as oe of the UK s Top-10 busiess schools by atioal league tables, we are iteratioally recogised for our research-iformed teachig ad commercially relevat courses. All of our courses combie theory with practice to esure our highly motivated studets are equipped to succeed i today s rapidly chagig iteratioal busiess eviromet. Commercially relevat teachig Our udergraduate degrees are cotiually moitored to esure they meet the exactig demads of employers, ad may of them have bee developed i partership with idustry ad commerce. Ford, Saisbury s, Waitrose ad Barclays are just a few examples of compaies who have helped to fud our curret udergraduate degrees: Accoutig ad Fiacial Maagemet Bakig, Fiace ad Maagemet Iformatio Maagemet ad Busiess Iteratioal Busiess Maagemet Scieces Retailig, Marketig ad Maagemet Ecoomics Ecoomics ad Maagemet Busiess Ecoomics ad Fiace Iteratioal Ecoomics Ecoomics with Accoutig Ecoomics with Geography Ecoomics with Politics Triple accreditatio The School of Busiess ad Ecoomics is oe of less tha 1% of busiess schools i the world to have achieved accreditatio from all three major iteratioal accreditig bodies: The Associatio to Advace Collegiate Schools of Busiess (AACSB Iteratioal), the Associatio of MBAs (AMBA), ad EQUIS accreditatio from the Europea Foudatio for Maagemet Developmet (EFMD). These prestigious accolades represet a stamp of quality for the School, its programmes, teachig, facilities ad research. They certify the courses offered as beig iteratioally recogised ad as givig our studets the very best kowledge-base ad skillset for the future. We were oe of the first busiess schools to iclude a year-log placemet as a madatory part of its udergraduate degree courses ad have a log history of placig studets i top busiesses throughout the UK, icludig big ame compaies like 3M, IBM, Lloyds Bak, Microsoft, PwC, Waitrose ad Walt Disey, to ame a few. Nowadays, the School of Busiess ad Ecoomics has a dedicated Placemets Office that works with 400+ orgaisatios aroud the globe, helpig to place high calibre studets i idustry for up to a year. At Loughborough we believe that a salaried professioal placemet offers our udergraduates priceless work experiece that helps to prepare them for graduate employmet, improve their performace ad uderstadig i their fial year ad set them apart to future employers. That is why all of our busiess ad ecoomics degree courses have the opportuity to iclude a professioal placemet as a itegral part of the degree betwee the secod ad fial year. With such a strog emphasis o placemets at Loughborough, the level of professioalism of studets by the time they graduate is also evidet. This sets them apart ad off to a flyig start to a successful career with us! Alice Brow Studet Recruitmet Advisor, Deloitte LLP Paid employmet with a miimum duratio of 45 workig weeks, excludig holiday Commecig sometime betwee July ad September Studets apply the theories ad techiques leared durig the first two years at uiversity, develop their itellectual ad practical skills, ehace their future employability ad cotribute to your bottom lie
3 Udergraduate of the Year The School of Busiess ad Ecoomics develops outstadig studets who cotiually impress our placemet parters with their ca-do attitudes ad determiatio to succeed. Samatha Dartall is a prime example of the high-calibre of our studets, havig wo the 2014 Maagemet Udergraduate of the Year award with TARGETjobs. The studets i the competitio were required to demostrate academic excellece i their area of study, udertakig a umber of rigorous assessmets icludig a series of olie tests, applicatio forms, iterviews, ad assessmet cetres maaged by the award sposor, Eterprise Ret-A-Car. Samatha spet her professioal placemet at Rolls-Royce. Her maager, Mathew Lilley, said: Sammy has made a very sigificat ad valued cotributio to the team, always deliverig to her commitmets o time ad to a very good stadard. With maturity beyod her years, very good social itelligece ad her willigess to help, Sammy is a highly valued member of my team who truly deserves this recogitio of her skills ad talets. Samatha Dartall with Trevor McDoald How does a placemet beefit you? Outstadig studets that provide ivaluable cotributios Employers aroud the world choose to take o our placemet studets for the followig qualities: A solid academic backgroud New ideas ad a ability to look at old problems with fresh eyes Ispiratio to other staff Kee problem-solvig ad aalytical skills Presetatio skills Up-to-date IT skills Flexibility towards chage A readiess to tackle oe-off projects or maagemet problems Team workig skills You ca therefore be sure that recruitig oe of our studets ot oly provides them with a ivaluable experiece ad helps them to develop specific workrelated skills, but will also provide your compay with a idividual who has the skills ad determiatio to lear, help ad succeed. 35% UP TO OF OUR STUDENTS RETURN TO THEIR PLACEMENT COMPANY AFTER GRADUATION The School of Busiess ad Ecoomics attracts the very highest calibre of A-level studets, with each of our udergraduate courses ofte beig oversubscribed for places ad oly the very best applicats accepted. Whe coupled with the research-led commercially relevat teachig that Loughborough provides, our studets go o to become skilled idividuals with the ability to succeed i ay workplace: 98% of our busiess studets ad 87% of our ecoomics studets were i employmet or further study 6 moths after graduatio*. *of those available for work or study 6 moths after graduatio DLHE 2013 Exteded iterview process A 12 moth placemet ca be see as a exteded iterview, with a view to recruitig that studet after graduatio. Aroud 35% of our studets receive a offer of graduate employmet from their placemet compay. The placemet studet of today will become the maager of tomorrow ad, i partership with Loughborough Uiversity, you ca help the studet to maximise his or her potetial. It is widely recogised that a year-log placemet period helps studets to develop specific work-related skills, by givig them the opportuity to put theory ito practice, take o maagerial resposibilities ad ehace their iterpersoal skills through teamwork ad commuicatio. More geerally, the placemet allows studets to experiece workplace culture. All of the above factors help to make studets more effective employees whe they graduate. As a cosequece, a sigificat (ad icreasig) umber of orgaisatios use the placemet year as part of their overall graduate recruitmet programme. May compaies also view placemets as a opportuity to build strategic liks with Loughborough Uiversity. We have worked with a umber of Loughborough studets from a variety of courses, ad the feedback from maagers ad teams has bee extremely positive. Placemet studets add a large amout of value to our orgaisatio takig o challegig resposibilities ad real projects which directly impact the success of the busiess. This year s group of Loughborough studets is o differet, ad with a great academic foudatio before joiig their teams they seem determied to make the most out of their opportuity. Morga Staley, FCG Operatios Officer
4 Placemet case study Name: Eliot Bucker Udergraduate course: Maagemet Scieces Compay: Morga Staley Job title: Operatios Aalyst Role ad achievemets: Iitiated ad implemeted the redesig of 5 of the key cotrols used to maage the operatioal risk withi collateral Led a Chage the Bak project which ivolved creatig ad developig ew software to allow collateral maagers to moitor real-time risk Visited Morga Staley s global head office i New York Worked with the collateral team to uderstad their processes ad provide beefits to the Lodo team Visited the tradig floor ad worked with a trader to uderstad the complex Special Purpose Vehicles (SPV s) Research completed is beig used to drive future ehacemet to Morga Staley s i-house collateral software i order to streamlie risk maagemet o the SPV deals Raced i the JP Morga Global Corporate Challege i New York, represeted Morga Staley ad achieved 6th place overall Bee offered a full-time positio after graduatio with a promotio Lastig impact Seeig Eliot at the ed of the placemet ad comparig him to the begiig, it was clear that this placemet worked for both parties. Eliot has become a more refied, cofidet idividual who ow possesses eve more life skills which will aid him i his future edeavours. Lie Maager What type of placemet ca you offer? The very ature of maagemet as a fuctio, ad the diverse eeds ad iterests of our studets, makes it impossible to set out a typical placemet programme. Studets expect to be give a real job with all the attedat challeges, resposibilities ad problems that this may etail. I geeral terms, the jobs may be described as: Participatory: studets joi a team that takes part i a variety of tasks withi oe or more departmets Project based: studets are assiged a series of supervised projects i which the itellectual challege ad other demads are progressively icreased Supervisory: studets are primarily resposible for the duties of other people Set role: studets joi a particular departmet, such as fiace, marketig, etc. The best kid of traiig is whe compaies treat studets similarly to ew graduates, fittig them aturally ito the orgaisatio, assigig resposibilities ad expectig results. This should be doe with a appropriate level of support to the studet, particularly durig the iitial stages of the placemet. Ofte, placemet studets ca be required or ecouraged to udertake professioal or regulatory qualificatios durig their placemet year. Ideally, the placemet period should be preceded by a brief iductio stage whe the studet ca observe the etire rage of activities udertake by your busiess, ad the relatioship of his or her work experiece to the busiess as a whole. How we support you durig the placemet year Each studet is allocated a visitig tutor, a member of the academic staff from the School of Busiess ad Ecoomics, who will visit the compay o at least oe occasio. Durig the visit the tutor will typically talk separately with both the studet ad the supervisor assiged by the employig orgaisatio. The purpose of these visits is to maitai cotact with all parties, to satisfy the tutor that the work beig udertake is appropriate ad that the studet is makig a effective cotributio to the orgaisatio. Additioally, specialist staff i the School s Placemets Office are always available to cotact for support, guidace ad iformatio.
5 Busiess liks We work with over 400 employers of all sizes aroud the world from a wide spectrum of idustries offerig a variety of placemet opportuities to our udergraduates. Here are just a few of them: Burto upo Tret IHG office Recruitig a placemet studet The followig diagram illustrates the typical caledar of evets for placemet recruitmet durig the secod year of the studet s uiversity course: Christmas break (3 weeks) Easter break (4 weeks) October December Jauary February May Jue Semester 1 Applicatios/Iterviews Exams Studets have a resposibility to secure a placemet for their third year. However, the Placemets Office provides employers with cosiderable assistace as required i securig the right studets by advertisig ad promotig available positios, idetifyig ad targetig suitable cadidates, arragig iterviews at the Uiversity, collatig applicatios ad liaisig with studets. What does it cost? Most orgaisatios have a stadard rate of pay for placemet studets. It is expected that studets will be paid eough to meet all reasoable expeses, ad hece will be free of fiacial worry durig the placemet. Placemet studets do ot receive ay grat from public fuds durig their year i idustry, but are charged a top-up fee by the Uiversity to cover the admiistratio of the Diploma i Professioal Studies that the placemet ears them. The salary is a matter for discussio betwee studet ad employer. Typical salary levels ca be discussed with the Placemet Maager. Semester 2 Semester 2 Exams Applicatios/Iterviews/ Assessmet Cetres Iterviews/ Assessmet Cetres PLACEMENT BEGINS The studets at Loughborough are a diverse populatio with may skills to offer the professioal services sector. We take o may busiess placemets each year o a atioal level from Loughborough ad they always impress us. The studets I have come across are ethusiastic about busiess, eager to lear ad ambitious, ad these are just some of the key attributes that attract me to recruit from Loughborough. We try ad covert all our placemets studets to full-time offers upo graduatio. PwC, Studet Recruitmet Officer Acceture (cosultig) Adidas UK & Germay (marketig) Apple (fiace, marketig) BAE systems (fiace, huma resources) BMW (marketig, sales) Boots (busiess aalysis, supply chai ad logistics, i-store marketig, fiace, commercial, store maagemet) BSkyB (fiace, corporate PR) Capital Ecoomics (ecoomist role) Daoe (fiace, logistics, marketig) Deloitte UK & Europe (audit, tax, cosultig, techology) Debehams (buyig, merchadisig, marketig, e-commerce) Decathlo, UK & Shaghai (fiace, commuicatios, departmet maager) Deutsche Bak (global markets, asset maagemet, group techology ad operatios) Duff & Phelps (corporate recovery ad restructurig) E.ON UK Ltd (audit, demad forecastig) EY (audit, foresic accoutig) GE Capital (fiace, sourcig) GlaxoSmithKlie (quality, risk ad compliace, sales ad marketig, huma resources, IT, supply chai, fiace) Goldma Sachs (operatios, risk maagemet) George at Asda (merchadisig, buyig) Grat Thorto (audit, persoal tax, recovery) HP (marketig, sales support, busiess aalyst) IBM UK & Hog Kog (marketig, sales support, busiess aalytics, project admiistratio, busiess cotiuity) ICAP (accoutig, global brokig) Itel Corporatio (fiace, marketig, busiess aalysts) ISIS (research aalyst) Johso & Johso (sales, marketig) KPMG (accoutig) L Oreal (supply chai, marketig ad sales, commercial, category maagemet) Mars (sales ad purchasig, marketig) Marks & Specer (busiess maagemet, store operatio, traiee commercial maager) Mercedes Bez UK (procuremet) Microsoft (marketig, sales PR, fiace, busiess aalyst) Modelez (statistics, supply chai ad logistics) Morga Staley, UK & Germay (fiace, operatios, fixed icome derivatives) Nike UK & The Netherlads (ivetory ad billig, retail brad presetatio) Nomura (operatios, fiace, compliace) North Highlad (maagemet cosultacy) PSA Peugeot Citroe (commercial, marketig, huma resources, PR ad sales) PwC UK, Chael Islads & Hog Kog (cosultig techology, foresics, assurace, audit, huma resources, tax) Porsche (busiess developmet) Rolls-Royce (purchasig, project maagemet, fiace) Tesco (store plaig, desig ad treds, space ad rage merchadisig) Toyota (brad assistat, traiig academy) TUI Travel (commercial, PR) UBS (derivatives, risk, global asset maagemet, cliet relatioship maagemet) Uilever (busiess ad techology maagemet, supply chai maagemet) Vauxhall Motors (huma resources, sales, busiess maagemet, operatios) Volkswage (operatios, plaig, marketig, retail operatios) Walt Disey (sales ad commercial, cosumer products, fiace, marketig, forecastig ad plaig) Warer Bros (sales, marketig, huma resources, publicity) Xerox Ltd (sales ad marketig, fiace, evets, project co-ordiator)
6 How it all works The studet is employed as a full-time temporary employee with your ormal Terms ad Coditios of service, but is still registered as a full-time studet with the Uiversity. I additio to their placemet role, the studet will also be workig towards the Diploma i Professioal Studies (DPS). The studet s resposibility to you To approach his or her work diligetly, to take resposibility ad display a willigess to lear ad to use iitiative To act withi the Terms ad Coditios of Employmet laid dow by you To behave i a appropriate professioal maer ad to respect the culture of your workplace To respect the cofidetiality of the employig orgaisatio To take reasoable care of his or her ow health ad safety, ad that of other people who may be affected by his or her actios Placemet case study Name: Jeie Poyto Udergraduate course: Retailig, Marketig ad Maagemet Compay: HP Job title: UK Marketig Executive Scitex Priters Role ad achievemets: Lastig impacts Jeie s cotributio to HP s success i the UK ad GWE regios caot be overstated. The retur o marketig ivested ad iovatio emaatig from her work has justified the appoitmet of a ew full-time marketig maager for the first time. Regioal Busiess Maager UK & GWE The DPS To obtai the DPS the studet must complete: Miimum 45 weeks o placemet i a busiess/ maagemet related positio A competet performace of duties o placemet evideced by 2 employer appraisals Reflective writte work ad a dissertatio i agreemet with ad siged off by the employer. This work is completed i the studet s ow time. It should be oted that ay compay iformatio cotaied i the studet s writte work will be treated as cofidetial by the studet ad the Uiversity Features of a good placemet A plaed programme of work ad traiig compatible with the studet s level of kowledge, experiece ad expectatios Opportuities for the studet to gai a uderstadig of the busiess ad to develop busiess competecies ad iterpersoal skills A iductio period at the start of the placemet Studet assiged a suitable supervisor ad/or metor Embarked o a umber of marketig activities as project maager, with the objective of sales fuel migratio Held a maagerial positio withi the Wide Format idustry, hadlig 14 coutries After 6 moths, was grated full budget resposibility Assessed the target market i order to gai the highest retur o marketig ivestmet Atteded meetigs with pritig publicatios to egotiate price ad features the price was reduced by 50% i some cases Project maaged several successful corporate evets icludig: customer ope houses, diers, trade shows ad demo days Recommeded ad co-ordiated attedig a packagig trade show, Packtech NEC Worked with evet agecies ad customers to desig the HP stad ad fialise logistics This placemet has chaged me ito a more cofidet ad motivated idividual with more busiess acume. Jeie At the begiig of the placemet, employers will be provided with a pack of iformatio about the placemet year ad the DPS. Studets have olie access to detailed iformatio about the placemet year ad are expected to provide their employer with iformatio about the DPS process as required.
7 Other opportuities i the School of Busiess ad Ecoomics With over 40 years experiece of deliverig maagemet educatio we pride ourselves i supportig busiess through challegig, careerehacig maagemet ad leadership developmet, cuttig edge research, ad the promotio of iovatio ad eterprise. We strive to develop effective leaders ad youg etrepreeurs, ehace orgaisatioal performace ad promote sustaiable growth addressig the real world challeges facig busiesses ad policy makers i our rapidly chagig global ecoomy. Research ad cosultacy As oe of the UK s leadig research-itesive uiversities we pride ourselves o coductig research that matters. Orgaisatios that eed iovative solutios to ew problems come to us for our expertise i combiig academic rigour with practical relevace. Fields of expertise rage from HRM ad Corporate Goverace to Iteratioal Busiess ad Strategy, ad Marketig ad Retailig. Please see for a full list of our areas of research expertise. Sposorship opportuities With orgaisatios more tha ever aware of their corporate social resposibility, there has ever bee a better time to become a sposor. From sposorig whole programmes or specific modules to studet prizes ad scholarships, sposorship ca help you raise your brad awareess through our stakeholder commuicatios, coect with our studets (who could be your future employees), esure graduates have up-to-date busiess skills, ad develop a mutually beeficial relatioship with the uiversity. Executive educatio With a eviable history of well-established liks with busiess, the School of Busiess ad Ecoomics is kow for deliverig challegig, career-ehacig programmes that deliver real value to idividuals ad orgaisatios. As a School, we work with ad maitai strog relatioships with over 400 orgaisatios worldwide, highlightig that our expertise ad kowledge of curret busiess ad idustry challeges is exceptioal. Executive Educatio parters iclude: Placemets Office School of Busiess ad Ecoomics Loughborough Uiversity Leicestershire LE11 3TU E: SBE.Placemets@lboro.ac.uk /placemetofficesbe D&P Aug 14
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