Is an Industrial Placement for me?

I have known since the day I decided that I wanted to study a business related degree that I wanted to complete an industrial placement as part of my time at University. I knew that the experience this would offer me would be invaluable, not only for furthering my understanding of my subject, but also when it comes to applying for graduate jobs when I leave Lancaster. But the decision isn’t always so easy for everyone.

Applying for a placement year can be incredibly scary. Because it divides your degree into two segments (first and second year, the placement, and then returning for final year), this means that everyone else completing a three-year course will have graduated by the time you return. This is something I am absolutely not looking forward to – leaving my friends behind during what would have been my last year with them.

Not only that but during first year I felt completely unprepared for a real life, real responsibility, real workload job. As much as I was loving University life, I wasn’t ready to take the next leap on my career path. These are the fears that often prevent people from applying for a placement year as part of their degree.

I cannot stress enough how valuable a placement year is. This is especially true in industries like mine (Marketing) where not just graduate jobs but the job market in general is fiercely competitive. A placement gives you the upper hand over other candidates – you already have a whole year of work experience in your field, working on real projects with real people in a real company. That is something that makes you stand head and shoulders above your competitors when it comes to finding a job at the end of your degree.

Not only that, but the beauty of getting a job in-between your degree is that the support on offer to you is unlike any you will experience outside of University. The dedicated LUMS Careers Team is always on hand – during term time and holidays – to offer you support and guidance, look over your applications, and put you in touch with previous Lancaster students who can guide you through your application with first hand experience themselves.

I myself am already feeling the benefits of a placement year, and I am still only in the application stages. I know I am more confident and independent, and where last year just thinking about a placement year make my stomach churn, now I am excited by the prospects and the opportunities that lie just around the corner. Yes – I am still out of my comfort zone, and each application poses a new challenge, but that is exactly what an employer wants to see. The entire process improves your resilience, self-confidence and ambition.

So if you’re considering a placement year as part of your Lancaster degree, I can’t recommend it highly enough. Though there are sacrifices involved, and some of your friends won’t be here when you return for your final year, the benefits more than outweigh the costs.

Guest Post: Roseanne Willison-Parry- Life as an intern at Valeocon

Roseanne is a MSc Management graduate, who secured an internship with a global company off the back of interviewing them for part of her course. Here, she talks about her experiences. 

Not only did my MSc in Management prepare me for the world of business and give me confidence in many different areas, it also opened the door to my first experience of working in the consulting world. Roseanne Willison-Parry

For my dissertation, I decided to interview CEOs and leading figures in a variety of industries. One such interview was with the CEO of a global consulting firm, Valeocon. After asking all my questions and exploring the use of secrecy and transparency in the company’s strategy, the interview got turned on its head; it was my turn to answer questions! I discussed my ideal working environment – small business, responsibility from the outset, opportunity for travel, creativity encouraged – and Valeocon appeared to be the perfect fit and thankfully vice versa!

Initially, there was a discussion about working with the London office and I began to get excited. A week later I had my job offer; three months at the company HQ… in Hamburg. It definitely ticked my travel box!

Two weeks after my dissertation hand in I moved to Germany and it was absolutely the right decision. Within two weeks I was sitting in on a client meeting and given the opportunity to contribute to the discussion, document interviews and collaborate with a team of consultants. It was a fantastic first insight into consulting.

As well as client work, I was entrusted with organising a three-day conference in Lyon for Valeocon’s global consultants. I was able to see the inner workings of the business and learn what constituted a successful conference. I also gained a first-hand overview of trainings, case studies, brainstorming exercises and the current and future business development of the company. Being asked to teach Ballet/Yoga as an agility exercise at 7am every morning was an unexpected addition! It was an invaluable experience and the accommodation and food was an added bonus!

Throughout the conference and in the weeks following I had a variety of separate tasks to perform – proof reading, marketing refresh, presentation development, research – it has been an all-round education. The level of responsibility and collaboration has been great and I really feel part of the team. It has helped me realise I want to be involved in consulting, next steps have been discussed, and this is the start of a fantastic relationship between Valeocon and myself.