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 Real Estate and Data Insights), Distribution, Product, Solutions, Technology, Group Change, Finance, Risk, Compliance, and Tax.

When does the internship program start?

Our internships are nine week paid placements during the summer and generally take place from the end of June – mid August.

Am I eligible for the program?

Our internships are for penultimate year undergraduate students only. Final year students who plan to pursue a Masters year after the internship are also welcome to apply. In addition to the personal qualities, intellectual curiosity and appetite for challenge we look for, you'll need to have or be on course to achieving a 2:1 in your studies.

Can I apply for more than one internship program?

We can accept one application per candidate, per region. You may apply to more than one internship program if the roles are located in different regions.

What degree disciplines do you accept?

For the majority of our intern programs we look forward to receiving your application regardless of the degree subject you've chosen to study. For our Data Insights unit we ask for experience in a programing language(s) and preferably studying a STEM degree. For our Technology Intern program a STEM degree is preferred.

What training and development opportunities will I receive as an intern?

Throughout the nine-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 organized as part of your intern development program will be structured around the following themes;

  • Upskilling (technical & behavioral 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 program lead to a place on the graduate program?

No. Despite filling a proportion of the graduate program places through the internship program, we do open a number of graduate roles externally each year.

Do I have to complete a Schroders internship to be considered for the graduate program?

No. Despite filling a proportion of the graduate program places through the internship program, 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 programs for the following year.

Placement Year enquiries

Do you offer placement year/year in industry programs?

Yes. We have a small number of openings in the Technology and Economics teams each year. Applications for these roles open at the same time as our graduate programs 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 program start?

Our placement year programs start in late June and run for a one year period.

Am I eligible for the program?

Our placement year programs 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 Technology Placement Year program we ask that students are studying a STEM (Science, Technology, Engineering, Maths) degree and have a strong passion for technology and analysis. For our Economics placement you'll need to be studying Economics (can be joint honors) at university and have a keen interest in macroeconomics, financial markets and current affairs.

Does the placement year program lead to a place on the graduate program?

We use our placement year programs as a feeder to our graduate program. A place on the graduate program 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 program?

We can accept one application per candidate, per region. You may apply to more than one program 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 program for the first nine 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 eight 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 early fall 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 n 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 whilst attending university and a broad 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?

  1. Online application form 
    Tell us a bit about yourself, your key skills and why you are interested in the role you’ve applied to
  2. 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.
  3. 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.
  4. Assessment center 
    If you've made it to this stage, you'll be invited along to an assessment center. This is your time to shine in front of some of our employees and meet our current apprentices.
  5. Offer
    If successful following the final round interview, you will be offered a role on our intern/placement year program here at Schroders

When do the assessment centers take place for internship/placement year programs?

Assessment center 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 center 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 week's notice ahead of the assessment center stages. We aim to be flexible and will try to work around your availability if you have exams.

How do I apply?

http://www.schroders.com/en/working-here/starting-out/internship-programme/

If the application window is open (Sept-Nov) please apply here 

If you are having any technical issues please email earlycareers@schroders.com

Technical issues

If you are having any technical issues please email earlycareers@schroders.com.

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Schroder Investment Management North America Inc. (“SIMNA”) is an SEC registered investment adviser, CRD Number 105820, providing asset management products and services to clients in the US and registered as a Portfolio Manager with the securities regulatory authorities in Canada.  Schroder Fund Advisors LLC (“SFA”) is a wholly-owned subsidiary of SIMNA Inc. and is registered as a limited purpose broker-dealer with FINRA and as an Exempt Market Dealer with the securities regulatory authorities in Canada.  SFA markets certain investment vehicles for which other Schroders entities are investment advisers.

For illustrative purposes only and does not constitute a recommendation to invest in the above-mentioned security/sector/country.

Schroders Capital is the private markets investment division of Schroders plc. Schroders Capital Management (US) Inc. (‘Schroders Capital US’) is registered as an investment adviser with the US Securities and Exchange Commission (SEC).It provides asset management products and services to clients in the United States and Canada.For more information, visit www.schroderscapital.com

SIMNA, SFA and Schroders Capital are wholly owned subsidiaries of Schroders plc.