Undergraduate Work Placements
The placement programme is an integral part of your degree, which is endorsed on your final degree certificate. It is undertaken during your 3rd year, giving you the opportunity to add a valuable additional year to your degree working for a professional organisation, either in the UK or abroad. The minimum placement period is 9 months, and can commence anytime from June to September.
How can a professional placement benefit you?
A placement will:- Significantly enhance your chances of securing a job after graduation
- Enhance your market value, skills and competencies
- Apply your academic knowledge within a professional organisation
- Give you greater clarity on your career goals and aspirations
- Increase your personal confidence, maturity and professionalism
- Increase opportunities to build your network of professional contacts
- Secure a possible graduate position
- Reward you with a competitive salary (ranging from £15,000 - £35,000 depending on industry).
"Having the opportunity to work at the Bank of England during my placement year has helped my career but also helped me on a personal level."
Christoforos Konstantinidis, BSc (Hons) Business Studies
- Reduced tuition fees for the placement year, i.e. 2017/18 fees are £2060 for overseas and £1030 for home/EU. These fees are reviewed on an annual basis and as subject to change
- You must inform your local authority of your transfer onto the sandwich degree programme
- If you are eligible for a scholarship, this will be deferred during your placement year.
Preparation, application and vacancies
- Register your interest towards the end of year – the Cass placements team will advise you at the appropriate time
- Ensure to update your CV
- Start researching companies/roles of interest
- Building your portfolio by getting involved in Volunteering, Mentoring, become a student ambassador etc.
Ideally you should pass part 2 of your assessments at the first attempt. However, if you fail a maximum of 2 examinations, you will be considered on an individual basis.
Your Tier 4 visa must allow you to work in the UK for up 20 hours per week during Term time with this, you will also be eligible to be able to take a full time work placement as part of your degree programme.
City has a team of dedicated International Student Advisers who can assist you with this process and can give you detailed advice. They can be contacted on firstname.lastname@example.org or by phone at 020 7040 7040. Detailed visa guidance can be found at www.city.ac.uk/visaadvice
Applying for placement
An employer forms their initial impression of you from your application so it is essential to adhere to the following guidelines:
- Do not apply to too many companies at any one time - deliver quality, not quantity
- Do you research on companies, find out who they are and what they do including who their clients and competitors are. Visit the Library and use the databases available
- Tailor your covering letter/application specifically to the job and company you are applying to
- Pay attention to detail when writing applications - do not copy and paste
- Always use formal language, check spelling and grammar
- Make clear concise statements
- Keep your CV to one side of A4 (unless instructed otherwise)
- Keep your covering letter to one side of A4
- Use real-life examples to answer competency based applications questions
- Keep a log of all applications submitted.
Use the Library to Research Companies
City Library Services have a number of databases which can help you with your company research. It is vital that you use these resources to gain in depth knowledge about a company of interest and also gain an advantage over other applicants.
Where can you take your work experience?
Our reputation, and the achievements of our successful graduates and placement students have helped us to develop close relationships with a diverse range of companies, who recognise that Cass students can add significant value to their workforce.
We have numerous relationships with recruiters in global organisations and continue to build contacts in emerging business sectors, ensuring that your experience is current and relevant to the changing job market.
Organisations that have offered placements to our students include:
Accenture, American Express, ABI, AXA Investment Managers, Bank of England, BNP Paribas, EY, Friends Life, GE Money, GSK, Goldman Sachs, IBM, Lloyds Banking Group, L'Oreal, Microsoft, Morgan Stanley, O2, Pfizer, Prudential, PwC, Ralph Lauren, SAP, Travelers Syndicate, UBS, UNICEF, Universal Pictures, Walt Disney, Warner Bros and many more.
Once you accept your placement offer, you are expected to complete the Placements and Health and Safety forms, and adhere to the conditions as set out in the Terms and conditions of a placement year.
If you renege on an offer once you have verbally or contractually accepted the position, or if you are known to have accepted multiple offers, you will be withdrawn from the Professional Placements Programme. This behaviour not only jeopardises your future employment, but also diminishes valuable relationships between Cass Business School and prospective employers. It also harms placement opportunities for future students.
- Bloomberg - also offers you a Bloomberg Competency Certificate
- Marketline - for company research
- Factiva - for current company/commercial awareness
- Business Source and ProQuest - news journals
- Careers services resources at City,
Placements vacancies are advertised throughout the year to Year 2 registered students via our online vacancy portal . You will also receive job alerts via your email address.
The Undergraduate School arranges several company events throughout the year. These events will give you the opportunity to network with a range of company representatives and enhance your applications when applying for placement roles. It is therefore advisable that you make every effort to attend.
A key part of the Cass Business School approach is to ensure that you are 'work-ready' when you leave university. The work placement team will support you throughout the entire placement and internship experience. We will:
- Advertise placement vacancies unique to Cass students
- Email updates to let you know of upcoming deadlines and any other placement/internship relevant information
- Provide 1-2-1 or email advice and support with CVs, cover letters, applications, as well as help you decide on an industry suitable for you
- Organise workshops to help you identify your skills and compentencies
- Place you in contact with previous placement students
- Monitor your progress, and support you throughout your placement experience, and gain your feedback when you return to Cass.