Hello Ram,
I’ve just graduated from university, and I’m currently in the process of searching for a job. I noticed several firms on the vacation scheme list and was wondering if any of them typically hire recent graduates, or if they only consider current university students for their schemes.
Also, is it better to wait and apply directly for training contracts, or should I still consider applying for vacation schemes even though I’m no longer in university? I’m a bit concerned because I don't have much work experience and I’m finding the whole process a little overwhelming.
Any advice would be greatly appreciated!
Thank you!
Hi
@deyagakhal
I am not Ram but thought I would still share my perspective!
From my experience attending vacation schemes and speaking to Graduate Recruitment from various firms, I have noticed that most firms are very open to hiring graduates! Firms really value the breadth of experiences that graduates ca oftenn bring. I wouldn't say that there are any specific firms in the industry that are more/most inclined to hire recent graduates.
If a firm only considers current university students, this will be explicitly stated on the 'eligiblity' criteria section of their website. For example, this year,
A&O Shearman is only considering university students for their vacation schemes and graduates can only apply for a Direct TC.
I would recommend that you consider applying to as many vacation schemes as you can (as opposed to direct TCs) because many firms now use vacation schemes as their main recruitment pipeline. You might find this thread (from last year) helpful – it shows where firms typically recruit from (direct TC vs vacation scheme):
where firms recruit from. Furthermore, vacation schemes are particularly suitable if you do not have much work experience. Even if you did not convert it, it would still be a very valuable learning experience and bonus point to strengthen your CV for future applications!
Also, I have found that the threshold to receive a vacation scheme offer is generally lower than for a direct TC. In other words, I think you arer likely to have more success by focusing on vacation scheme applications. Of course, I would still submit a few direct TC applications, if you are able to and for firms where you are not eligible for a vacation scheme.
Best of luck with your applications!