What You Can Expect From a Graduate Management Training Scheme

What You Can Expect From a Graduate Management Training Scheme

By: Krists Luhaers

Managers generally work in various types of environments, yet the daily tasks of managers that work in the construction industries are very different in comparison to the managers that work in a big supermarket chain. It is obvious that the usual duties will be different depending on what environment you work in, but you can usually expect to attend meetings with customers, clients and internal meetings. The duties will also likely involve the element involving managing people.

Training You Can Expect to Receive in the Role of a Manager

The graduate training-schemes will vary significantly from one employer to the next, but all these schemes should be able to offer you with the training, knowledge and skills that you will need in order to advance to a manager that is successful. Organisations often affiliate with corporate training companies such as GBS Corporate Training.

The training usually involves formal training modules, on-the-job training, with some schemes that even offer mentor schemes. For example, the John Lewis Partnership has a retail-management scheme in previous years has seen the graduates team up with “a buddy” along with the assistance of senior mentors. Another example includes McDonald’s who us a highly intensive 20-week in-store training schedule where the trainee will learn about the commercial skills that involve areas of leadership, HR and finance.

How to Gain Qualifications in the Form of a Trainee Manager

A few of the management-training schemes offer you with support through to your formal qualification, whether it is a professional qualification associated with the industry-body or an academic based postgraduate degree. The NHS management graduate- schemes, for example, have led to the postgraduate certificates within healthcare leadership, along with specific qualifications that depend on the chosen specialism, like a CIMA (Chartered Institute of Management Accountants), along with professional qualifications for the graduates in the scheme for finance-management training.

Certain employers will put their graduates through to an MBA (masters business administration). However, this is usually more for the professionals who already have a couple of working years of experience already. The MBA is either studied part or full time and can take either 2 years or 10 months in order to complete. They are also offered with the choice to go through distance or online learning.

Graduate Managers and the Corporate Social Responsibility Projects

Many of the graduate-training schemes involve recruits that work in CSR (corporate social responsibility) projects or forms of fundraising. This offers a fantastic opportunity to develop stronger bonds with their colleagues as well as ways to give back to communities. Again, the John Lewis Partnership “graduate management scheme” aims at CSR and sees that their graduates work on projects with social enterprise organisations.

The Good Parts About Being in Charge

There are often increased responsibility levels earlier on. The schemes often involve graduate trainees that work as either an assistant or deputy manager. The profession is usually quick, which is especially true within the retail sectors, where the graduate is usually running their department within a couple of months to running a multimillion pound shop or store within 2 to 3 years.

Starting salaries are typically generous, dependent on what company you decide to work for, along with other benefits like health insurance, a company vehicle, and bonuses involved in completing a project on time and meeting targets.

Challenges You Can Expect to Face in a Graduate Management Scheme

Your job could involve unsociable and long hours, especially if there are deadlines or due projects that need to be met. However, organisational skills that are good will assist you in achieving a better life and work balances.

Certain schemes may require you to relocate. An example of this is the company known as Tesco only recruits the graduates that are flexible when it comes to location.

You will need to work as well as be comfortable with different concepts, you might not have any previous experience or knowledge of, especially when you never studied management or business. You may, for example, be in an environment where you need to keep the stakeholders happy or manage according to their expectations.

What to Expect When You Graduate Scheme Comes to an End

Certain schemes will offer a role that is guaranteed when your training is completed, yet others will mean you will need to make an application for a vacancy with the company at the end of your training. If you have to apply for the position, you will typically be offered with support and help when it comes to completing the application.

Categories: Business

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