FAQs - Intern and Placement year
Intern enquiries
What areas of the business do you recruit interns in to?
We generally recruit interns into all areas of the business including Investment (including Schroders Capital; Real Estate, Private Assets, Private Equity and the Investment Insight Unit), Wealth Management , Client Group, Product, Solutions, Business Transformation/ Consultancy, Finance, Risk, Compliance, Tax, and Audit.
When does the internship programme start?
Our internships are ten week paid placements during the summer and generally take place from June – August.
Am I eligible for the programme?
Our internships are for penultimate year undergraduate students only.
Unfortunately we no longer accept applications from final year students considering further studies (i.e. Masters) upon completion of undergraduate course.
Can I apply for more than one internship programme?
We can accept one application per candidate, per region. You may apply to more than one internship programme if the roles are located in different regions.
What degree disciplines do you accept?
For the majority of our intern programmes, we look forward to receiving your application regardless of the degree subject you’ve chosen to study. For our Investment Insights unit we ask for experience in a programming language(s) and preferably studying a STEM degree.
What training and development opportunities will I receive as an intern?
Throughout the ten-week internship you’ll have a number of training and development opportunities which will help equip you with the skills you need to adapt to the world of work, hit the ground running and enable you to make an impact during your time at Schroders.
The events organised as part of your intern development programme will be structured around the following themes;
- Upskilling (technical & behavioural skills)
- Commercial awareness / business acumen
- Building relationships
Do you offer off-cycle internships?
We do not offer off-cycle internships, however we do have a number of FTC/ contract roles available throughout the year, these can be found in the experienced hires section on our website.
Does the intern programme lead to a place on the graduate programme?
We use our internship programme as a feeder to our graduate programme. A place on the graduate programme isn’t guaranteed and will be based on performance and feedback you receive during the internship programme.
Do I have to complete a Schroders internship to be considered for the graduate programme?
No. Despite filling a proportion of the graduate programme places through the internship programme, we do open a number of graduate roles externally each year.
Can I re-apply if I am unsuccessful?
If you are in your penultimate year of a three year course and are unsuccessful this time round, we would encourage you to apply to one of the graduate programmes for the following year.
Placement Year enquiries
Do you offer placement year/ year in industry programmes?
Yes. We have a small number of openings in the Economics and Real Estate teams each year. Applications for these roles open at the same time as our graduate programmes in September.
We also have a number of (FTC)/contract roles available throughout the year, these can be found in the experienced hires section on our website.
When does the placement year programme start?
Our placement year programmes start at the same time as the intern programme in June and runs for a one-year period.
Am I eligible for the programme?
Our placement year programmes are for undergraduate students studying a degree course where there is a requirement for a year in industry (usually the third year of a four year course).
What degree disciplines do you accept?
For our Economics placement you’ll need to be studying Economics (can be joint honours) at university and have a keen interest in macroeconomics, financial markets and current affairs. For our Real Estate placement year programme we are interested in hearing from candidates who are currently studying one of the following areas: Built Environment, Real Estate, Architecture, Quantity Surveying , Geography, Urban Planning and Land Economy, Sustainability, Environmental Sciences and Climate Studies.
Does the placement year programme lead to a place on the graduate programme?
We use our placement year programmes as a feeder to our graduate programme. A place on the graduate programme isn’t guaranteed and will be based on performance and feedback you receive during the placement year.
Can I apply for more than one placement year programme?
We can accept one application per candidate, per region. You may apply to more than one programme if roles are located in different regions.
What training and development opportunities will I receive as a placement year student?
As a placement year student, you’ll join the intern training programme for the first ten weeks of your year with us. Throughout this time you’ll have a number of training and development opportunities which will help equip you with the skills you need to adapt to the world of work, hit the ground running and enable you to make an impact during your time at Schroders.
Beyond the first ten weeks, you’ll have a chance to book on to further training courses focused on continual personal development and strengthening your skill set.
General Intern/Placement Year enquiries
When should I apply?
Applications open in August/ September each year. We recruit on a rolling basis so you are advised to apply sooner rather than later. Check the job descriptions on the website for full details and we advise saving a copy of the job description to refer back to later in the recruitment process.
What do you look for in candidates?
We look for open-minded, hard-working and intellectually curious individuals. We’re not expecting you to be experts, however in your application, we like to see your motivation and drive, what experience you have (whether this is within the Asset Management industry or in part time jobs/volunteering work) and a level of commercial awareness and passion for the industry.
Why do you collect information about me and how do you use it?
At Schroders, our vision is for our workforce to represent the diversity of the communities in which we operate globally. We ask you to complete a diversity questionnaire as part of our recruitment process to help us understand the diversity of our applicants and whether there are any representational gaps. While it is voluntary to disclose this information, we strongly encourage our applicants and employees to complete the diversity questionnaire. This allows us to continually monitor and improve our process, ensuring it is inclusive to everyone regardless of background.
This data is not used to make decisions on who we progress through the recruitment process and the recruitment team has no access to your diversity data. Your data will be used for statistical and monitoring purposes only, informing our Inclusion and Diversity strategy.
Your answers will be treated in the strictest confidence, and all data is held in line with legal data privacy requirements, including the General Data Protection Regulation (GDPR). Our Job Applicant Privacy Policy can be found here: https://www.schroders.com/en/working-here/applicant-privacy-notice/
What is the intern/placement year application process?
- Online application form
Tell us a bit about yourself, your key skills and why you are interested in the role you’ve applied to - Online assessments
An opportunity for you to showcase your skills. You’ll be asked to complete three assessments; Gamified Situational Judgment Test (chatAssess, Deductive-logical Thinking (switchChallenge) and a Personality questionnaire (ADEPT-15® Workstyles).
Take a look here to learn more from Aon (our online assessments provider) about the online assessments and how you can best prepare. - Video interview
If successful in completing the online tests, you'll be invited to complete a short competency-based video interview so that we can get to know you better. - Assessment centre
If you've made it to this stage, you'll be invited along to an assessment centre. This is your time to shine in front of some of our employees and meet our current apprentices. - Offer
If successful following the final round interview, you will be offered a role on our intern/ placement year programme here at Schroders
When do the assessment centres take place for internship/ placement year programmes?
Assessment centre for internships take place between November – February.
My circumstances have changed. How do I remove myself from the application process?
You can withdraw your application at any time with the account details that you used to apply for the role. If you have any difficulties in doing so, please email earlycareers@schroders.com.
General enquiries
When can I expect to receive updates on the progress of my application?
We receive large volumes of applications each year and work hard to process all applications as quickly as possible. We we aim to provide you with the outcome of each stage as quickly as we can via email:
Online assessments: you’ll receive an automated email if your application is progressed to the online assessment stage with an invite to complete the online assessments. Once this is complete, you’ll receive an automated feedback report with your strengths and areas for development. Upon completion, the early careers recruitment team will follow up with you, this could be up to three weeks, while we continue to screen all applications. If you haven’t received communication from us, your application is still under consideration at this time.
Video interviews: we value the time and effort you’ve put in to your application so far. We review all completed video interviews nearer to the time of the assessment centre for the role to ensure that all candidates have an opportunity to complete a video interview. This may mean you could wait some time before receiving an outcome as we provide hiring managers with a shortlist before inviting individuals to the next stage. If you haven’t received communication from us, your application is still under consideration at this time.
Assessment day: we aim to give you at least one weeks’ notice (and more if we can) ahead of the assessment centre stages. We aim to be flexible and will try to work around your availability if you have exams.
How do I apply?
If the application window is open (Sept-Nov) please apply here
Outside of the application window, we are not currently taking new applications at this time, however, you can find out more about our inter and placement year programmes here
Technical issues
If you are having any technical issues please email earlycareers@schroders.com.