You need a degree to work at a bank, right? Wrong! Barclays does hire graduates straight out of university – but that’s just one way into a job there. Here plotr outlines all the options…
The Spring Insight Programme
Think you might want to work at Barclays – but not 100% sure? This one-week placement is designed to help you decide if a career in financial services is something you’re really interested in. Through work shadowing, workshops, interactive skills sessions and networking opportunities, you’ll gain an incredible insight into a career in the financial world. At the end, you’ll have a clear idea of what we do and where you might fit. There are a variety of programmes on offer, including Corporate Banking, Investment Banking, Retail and Business Banking, Wealth and Investment Management, Finance, Operations and Technology. If you take part in the Spring Programme you’ll automatically be considered for a summer internship the following year.
WHAT YOU NEED: To be in your first year of a three-year course at university, or your second year of a four-year course.
WHAT’S IT WORTH? There is no salary as this is work experience, not a job – but Barclays will pay travel and accommodation costs.
The Summer Internships
Kicking off at the end of June, this 8 to 10 week programme starts with a training course where you’ll gain skills, network with other interns and build your understanding of the bank and our industry. You’ll work on real projects, carrying out a real role and integrating fully into a team. You’ll apply to join one of the following divisions: Corporate Banking, Investment Banking, Retail and Business Banking, Wealth and Investment Management or Global Business Functions. There, you will benefit from further learning events, presentations, meetings and networking opportunities.
YOU WILL NEED: To be a university student or graduate. Barclays accepts applications from undergraduates, MSc, MBA or PhD students in their penultimate or final year of study. You can also apply if you’ve already graduated from any of these.
WHAT’S IT WORTH? As you’ll be doing real work, you can expect a competitive salary, several benefits and plenty of recognition for your achievements.
The Apprentice Programme
Barclays has already hired 1,000 apprentices – and they’re looking for more! The best news is that you don’t need any particular qualifications or experience – instead, the bank recruits apprentices based on their attitude and potential. Get on to the programme and you’ll benefit from invaluable work experience, an extremely competitive salary and extensive support to help you develop valuable skills and work towards a QCF qualification on the job. For example, you could achieve a Level 2 in Providing Financial Services – that’s equivalent to five GCSEs.
WHAT YOU NEED: To be aged 16-24, have a great attitude and be packed with potential. No qualifications or experience are necessary.
The Degree Programmes
Just left school – or just about to? Learn, earn, and get a degree – all in just three years with one of the two ‘sponsored degree’ programmes Barclays offers. The first is the BA (Hons) Business Management degree course at Nottingham Business School, where you’ll study full-time for your first year, and then be work-based for your second and third year. The second is a three-year BA (Hons) in Management and Leadership with the Lord Ashcroft International Business School. On this course, you’ll be mainly work-based with study blocks throughout your three years.
WHAT YOU NEED: For the Nottingham Business School degree course, you’ll need at least 320 UCAS points. For the Lord Ashcroft International Business School degree course, you’ll need 240 UCAS points.
WHAT’S IT WORTH? For the Nottingham Business School degree course, Barclays covers your fees for the first year, and pays a salary in your second and third years. For the Lord Ashcroft International Business School degree course, Barclays pays a salary from the start, as well as covering your university fees for the three years.
The Entry Level Positions
Got some qualifications or experience – but no university degree? You can apply for one of the many entry level roles at Barclays including customer adviser (or cashier) or call centre agent. Once in the job you’ll receive first-class training which will open up access to other, more senior jobs at Barclays.
WHAT YOU NEED: Maths and English GCSE. Some customer services experience is a bonus but not essential.
WHAT’S IT WORTH? The salary for a customer adviser starts at £12,835 per year and the salary for a call centre agent is £14,280. You’ll earn a bit more if you’re in a large town or city – up to £3,550 more if you’re based in London.
The Graduate Programmes
In your final year at uni – or already graduated? The Barclays graduate programmes give you the chance to develop and perfect your skills and professional expertise, with training and development to match. No scheme is the same, however: Barclays tailors your experience, depending on the role you choose. Be warned though – the bank sets the bar high, looking for graduates who are highly intelligent and numerate. For roles in some countries, Barclays also want people who are fluent in more than one language. They also ask graduate applicants to bring a fresh perspective and be able to work collaboratively in a team.
WHAT YOU NEED: A strong degree from a good university. If you studied economics, business or finance, that’s a bonus.
WHAT’S IT WORTH? Salaries vary, but are usually around £36,000.