Graduate Scheme

So here in the UK IB and AM firms hire "graduates" meaning you work for 2 years on a rotational basis working with different groups and then if they like you after the two years you get a full time offer. Can anyone offer more insight to this?
Are you a real employee during this time?
How much do you make?
Why don't you just go to America where there is no grad scheme?

Comments (6)

Feb 24, 2019

BarstoolWSO, bummer your thread hasn't had a response yet. Sometimes bots are smarter than humans anyways:

You're welcome.

Feb 26, 2019

sorry to burst your pretentious bubble but these don't actually help

Feb 26, 2019

I'll let the monkey bot know...he needs to get better.

Feb 26, 2019

1) You are an employee on a 1/2/3 year contract depending on the graduate scheme - ie GS does a 1 year one to simplify stuff as people exit, but it is pretty much automatically renewed as long as you do your work.
2) You make whatever is on the contract - usually 50k base for IB
3) Visa issues and recruiting from the UK to the US is impossible

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Feb 26, 2019

thanks for the info

Mar 3, 2019