BT Cancels Graduate Scheme

Discussion in 'General Discussion' started by Allie, Aug 23, 2009.

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  1. Allie

    Allie Registered User

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    BT Cancels Graduate Scheme

    I'm not sure this really affects anybody on here except me, but I've just noticed this on BBC News and it genuinely shocked me.

    A lot of organisations, even the biggest graduate employers like PWC, Deloitte, KPMG, etc. are recruiting extremely low numbers of graduates this year, but to my knowledge this is the first to actually cancel its graduate recruitment entirely. Surely not a good sign that such a huge company has decided to abandon its investment in its future to cut costs?

    The joys of graduating during a recession. It'll only get worse in coming years too.

    http://news.bbc.co.uk/1/hi/business/8216762.stm
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  3. Congay

    Congay Registered User

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    The really clever people dont go to uni imo

    i wouldnt blame it on 'the recession' either
  4. BRID

    BRID Has name in red. Staff

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    The government wants everyone to go to university so they are kept off the unemployment register, whilst racking up a ton of debt that they are then forced to pay off over 10-20 years.

    The sad fact is that there never were enough 'graduate' jobs, but yeah in a recession its even WORSE.

    Most graduates end up spending their first few years making bollock all anyways, i wouldnt worry.
  5. Allie

    Allie Registered User

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    There are never enough graduate jobs to cover all graduates, no, but you'd generally expect to get one if you go to a good university. The term 'graduate' usually extends to people who have done meaningless courses at polys (that's not me being elitist), who you wouldn't really expect to land big jobs with big firms. I personally don't know anybody who has landed a decent graduate job after graduating this year though.

    And the government trying to force everybody into going to uni, as well as being a very good way of them making money, makes good degrees from good universities less exceptional. It's quickly becoming a case where just about everybody has a degree and has been to university in some respect.

    I blame Labour.
  6. BRID

    BRID Has name in red. Staff

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    I hate both main political parties equally, but its a complete kick in the face to people who are 'for the people' to have the party they voted in make a generation of young people face a lifetime in debt due to the grants and free education they stole from them that the evil tories actually never dared take away.

    If its any consolation, its just as bad for people who have been in the workforce after university for 8-9 odd years :(
  7. Lucien Fraud

    Lucien Fraud Got one now havent a

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    I have to agree with what your saying there.

    Also, imo, outside of Oxford and Cambridge, whether a uni is an ex-poly or not doesnt make that much difference anymore, look at northumbria and newcastle, sure newcastle is a 'red brick' university, but from my experiences, purely law stuff, northumbria is much better, and with its development of the law school has placed itself ahead of a number of universities throughout the uk.
  8. JIMI

    JIMI Not an Administrator

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    problem with universitys are students
  9. Allie

    Allie Registered User

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    i'm not sure how much i agree with that, i guess it depends on the field. in my mind, there are about four tiers of universities. obviously oxford, cambridge, edinburgh, st. andrews, etc. are at the top, but you also have some fantastic, slightly newer unis like ucl, imperial college, durham, etc. after that i guess you have the civic red bricks like leeds, manchester and newcastle, and then the polys.

    in terms of my degree, there aren't any bad unis that do it, and it's a pretty specific area, so any degree in it is a good one. that said, leeds was the worst university i got into, but my favourite city, which is why i turned down ucl, bath and newcatle to go there.

    law is a bit different because every single uni does it, from the best to the worst, so there are lots of people that have a law degree. that said, i would have thought that would make it easier to distinguish between a good llb and a bad one. i have lots of friends that did law, from oxford to sunderland. none of them have jobs yet!
  10. Lucien Fraud

    Lucien Fraud Got one now havent a

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    thats a suprise, cos all the people i know who have got a first or high 2:1 from last year at teesside have, weird.

    i think its also a lot to do with employability, a lot of kids coming through university now, have very little knowledge of life outside of academia, school to college to uni, and when they compete against those who have at least some other life experience it weighs up quite heavily.

    it suprises me that a friend of yours who got a degree from oxford has struggled to get a job, i imagine that says more about them than their ability as oxbridge candidates are heavily favoured (even though this would be denied) in the city.

    oh and durhams hardly a new university, not much younger than oxford and cambridge

    [ame="http://en.wikipedia.org/wiki/Durham_University"]Durham University - Wikipedia, the free encyclopedia@@AMEPARAM@@/wiki/File:Durham_shield.png" class="image"><img alt="" src="http://upload.wikimedia.org/wikipedia/commons/thumb/e/e1/Durham_shield.png/100px-Durham_shield.png"@@AMEPARAM@@commons/thumb/e/e1/Durham_shield.png/100px-Durham_shield.png[/ame]

    the stockton campus is new tho :)
  11. Conway

    Conway helmet Staff

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    The best position to be in is to have a balance of experience and qualifications.

    I found actually getting a job after graduating really hard, even though I had an MSc. Once I got my foot through the door at EDS and had a job for about 8 months, people seemed a lot more interested in what I could do.

    Before I got that job, I applied for 84 positions and had 6 replies.

    Recently I've tried applying for a few jobs to see what the response would be like and out of 5 that I applied for out of curiosity, I've had interview offers for all of them.

    Degrees only tend to be of help in certain subject areas. In professions like engineering and computing they're quite highly regarded as long as you haven't done "computer science" style courses. In Law it's regarded as a starting point, but not the finished article.

    I'm certainly glad I did mine. At EDS I worked with a lot of people who had come out of education at A-level and had gone straight into a helpdesk environment. Nearly 2 years on the majority of them are still there on half the wage I'm on now.

    It swings both ways too - we've got people in our team who have no formal qualifications, but have years of experience working for the armed forces or other companies. Just goes to show it's not always about degrees :up:
  12. BRID

    BRID Has name in red. Staff

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    These graduate scemes shutting down will only be a temporary thing.

    One of the good things about such a fast and very harsh recession is theres more of a change things will get very bad very fast, but then after a short while the economy will start moving again.

    I personally think we have at least another 18 months of this left (recessions last 3-5 years from previous boom-bust cycles) but after the big shake out, the recovery will start.
  13. Lucien Fraud

    Lucien Fraud Got one now havent a

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    Oh definitely, a law degree (as long as its a qualifying law degree, not all universities do them) exempts you from the academic stage of training which is what anyone with a non-QLD has to do regardless of what subject they have done. Equally, i know its a year at law school, and two years training to become qualified as a solicitor, and even then, imo, you dont become the finished article till your about to retire, and even then the law changes quite often so its difficult to say if you ever become the finished article. I guess its the same with almost every job though.

    agree with this for sure!
  14. BRID

    BRID Has name in red. Staff

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    A law degree doesnt matter much these days. It only gets you exemptions from a couple of law exams when you do the REAL qualifying stuff (LLC etc).

    For the money you spend doing 3 years at uni studying 'law' you might want to have a very long and hard think about why you would want to do it.


    I actually wrote a Law School admissions system for a college only six months back which does all the application data crunching and stuff, and you'd be surprised how very easy it is to get an automatic offer from these places as long as you satisfy a few criteria. Your law degree doesnt really get you much in the way of being put first in the queue.

    ..... A little secret actually, is that ANY degree at 1st or 2:1 level will get you an offer of a place ;)
  15. Lucien Fraud

    Lucien Fraud Got one now havent a

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    im doing my dissertation, i wanted to do a law degree because it interested me and thats the career path i wanted. where it will aid me is where i get a 1st class law degree and someone has a 1st class business degree or whatever, it wont make a difference to the LPC, but professionally it will make a difference.

    most of points you have made i have made previously. im very aware of the procedures, and you havent told me anything new, cheers tho. ;)

    *edit*

    I can only imagine what your getting at is that I, for whatever reason you may think, think that a law degree is a better degree than any other. Well I know its not, much in the same way that medicine, radiology, psychology, computing whatever are no better than any other. However, they each hold relevance to the field you want to go into.
  16. Allie

    Allie Registered User

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  17. Allie

    Allie Registered User

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    right, if i go much longer without a job i'm going to law school! :lol:
  18. JIMI

    JIMI Not an Administrator

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    what sort of job are/were you hoping to do like allie lad?
  19. BRID

    BRID Has name in red. Staff

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    Yes and no. I did Accountancy and Financial Analysis at Uni when your fees were still paid, and it was the biggest fucking waste of time ever. Even doing that degree only gets you exemptions from a few actual accounting exams.

    In computing, the majority of all the people i work with (since thats my field) have come into it from a NON computer science based background. I basically spent a few months reading a book on VB.net about 8 years ago, then did some freelance work and blagged a job based on that. The book cost 40 quid and got me in better places than my 3 years in higher education.

    Just goes to prove that higher education aint the be all and end all that the media and governent try and convince people. I would have definately have been to university again given my chance again (assuming it was still free) but i would have known now that it wasnt so much about my degree making a massive impression on what i did later on in life.

    I reckon its more of an experience than anything (an expensive one).
  20. Lucien Fraud

    Lucien Fraud Got one now havent a

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    if your struggling for a job, in all seriousness, look at university lecturing, u have to do the pgce and starting rates are around 25k + depending on experience, top paid law lecturers (aslthough i think its the same in all departments) here are on 45k
  21. Lucien Fraud

    Lucien Fraud Got one now havent a

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    i have a friend who did accounting around the time u did, hes just finished qualifying.

    its similiar to a law degree in that respect.

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