The placement year is an assessed and credit-bearing opportunity, which is worth 120 credits.
The skills gained whilst on placement will enhance a student’s learning and can be applied to modules in the final year of studies.
A placement is proven to have a positive impact on a student’s final year academic performance as students are often more focused and better prepared for the graduate recruitment market.
Student finance is available whilst on placement, at a reduced rate. This is case by case and will usually be means tested.
Whilst on placement, the tuition fees are reduced to 20% of the normal rate.
ERASMUS+ funding is available for students to apply for if they are considering placements within Europe.
Global Opportunities funding is available for students to apply for if they are considering placements outside of Europe.
Most placement opportunities are paid; salaries vary depending on industry, company and location of placement. For example, London based placements tend to pay more due to the cost of living in the London area – these are also highly competitive positions.
If a salary is not on offer, expenses and living costs may be covered at the discretion of the employer.
Experience and Employability:
Valuable work experience to add to a CV – putting students in a strong position to apply for graduate vacancies.
Experience of a formal application and employment process.
Helps students stand out from other candidates as they can offer both academic understanding and industry experience.
Preparation for, and exposure to, the graduate recruitment market.
Graduate recruiters within a business will often recruit from their undergraduate placement students, so when students obtain an undergraduate placement, if they perform well they may also be considered for a graduate role in the future.
Professional Development and Skills:
Business engagement development.
Work orientated skills that students may not gain within the typical classroom environment, e.g. interpersonal skills, presentation or team working skills.
Experience of workplace culture.
Keeping up-to-date with current developments in a student’s sector of interest.
Obtaining key contacts and building a network.
Transferable Skills, such as building confidence and maturity.
Experience of a student’s ideal industry/role.
Continuous support from the Student Information Office, before, during and after a placement to help guide students through the process.