Is University Worth It?


… if you don’t want to start your working life in debt

In April 2016, it was calculated that UK students now face the highest levels of student debt in the English-speaking world. Even in America, where it’s well known that you have to pay through the nose, students on average owe between $29,000 and $32,600, compared to our £44,000. Plug those numbers into a currency converter and weep.

It’s become normalised in our society to head into the world of work with thousands of pounds of student debt dragging you down. Sure, as loans go it’s relatively pleasant; you don’t have to start paying money back until you earn above a certain wage – currently £21,000 for higher fee payers – and because it’s automatically deducted from your pay cheque, you don’t have to think about it much.

Even so, watching money disappear from your account can make you feel a bit bitter. Plus there’s no guarantee that you’ll ever earn enough to pay of your debt in full – in fact, the government calculated when they put the fees up that 45% of graduates never would. This means that nearly half of all graduates will spend 30 years in debt, at which point their remaining debt will be written off.

Being in debt is never a nice place to be, and there’s nothing wrong with deciding it’s not what you want.


… if you’re only going because other people think you should

Everyone has that family member or friend who seems to have more ambitions for you than you do. And that’s fine – if it’s what you want, too. But just because Nancy is going to Exeter for Economics and thinks you should so come with, doesn’t mean you should up sticks and follow. We all have to follow our own path. Sometimes uni isn’t part of that, and that’s okay. Uncle Harry will forgive you if you don’t go to his old college at Durham; your self-belief and career might not.


…If you don’t think what you’re getting is worth £27K

A university degree should make you more employable and give you access to resources you can’t replicate at home. Unfortunately, this isn’t always the case. Not all universities are created equal; a recent IFS study found that female graduates from the UK’s bottom-ranked institutes were earning, on average, less than non-grads. Subject also plays a role. Those who study agriculture, mass communication and veterinary science degrees earn vastly less than economics grads. So if tending God’s creatures is your passion, maybe university isn’t the best route for you.

And what about the humanities degrees? Even at a well-respected university, with minimum contact hours and none of the high-tech resources STEM students benefit from, it’s easy to feel like you’re paying £9,000 a year for a library card. Sure, independent research fosters transferable skills. But you don’t need a professor sending you angry emails to go down the library and open a book – and if you do, what are you doing studying arts anyway?

“University prepares you for the world of work,” they say. The recent CBI/Pearson Education and Skills Survey would disagree. 44% of Scottish businesses reported shortcomings in graduates’ levels of “business and customer awareness”, and 36% complained of a lack of relevant work experience. The grads feel the same. A similar study from Aviva shows that over a third of university graduates regret taking their courses, and almost half believe they didn’t need a degree to get where they are in life today. So why should you pay £27,000 for three years of study, when you could spend that time developing actual, relevant expertise?

Finally, we’ve all been taught that university grads earn more than their less educated counterparts. But if that’s true, half of recent grads wouldn’t be moving back in with their parents. In fact, hourly wages for graduates fell 20% between 2008 and 2013. Graduates in their late thirties may still earn 1.6x more than those who left school at sixteen, but they are part of a previous generation when a university education was rarer and more well-respected. Today, this wage gap is closing fast.


… if you haven’t considered your alternatives

Real talk: we’re a graduate recruitment company. We’ve helped thousands of graduates get jobs that they wouldn’t have been able to apply for without their degrees, so we see the benefits of university every day. But we also know full well that degrees aren’t the only path to success, and it’s important that school leavers know what their options are.

Everyone should have the right to go to university, but it’s not always the right choice. Apprenticeships – paid trainee positions directly within your chosen industry – are experiencing a huge comeback. The ‘earn while you learn’ approach appeals to a lot of young people who already know what they want to do. The government agrees, pledging to produce three million apprenticeships by 2020.

Similarly, school leaver schemes at companies such as Deloitte, Mercedes and Sky pick up students just after A-Levels, promising graduate-level qualifications with none of the debt. These positions are easier to secure at eighteen than at grad level, and promise real experience in your chosen industry.

And if none of that appeals to you? Take a break before uni. Have yourself a gap year. Students who take time off after sixth form often show increased motivation when re-entering education. If it’s good enough for Malia Obama, chances are it’s good enough for you!

So don’t assume uni’s the be-all and end-all. It’s just one route to success, out of many. Leaving school is a time to consider all your options. Make sure you choose the right one for you.


Susanna Quirke writes for Inspiring Interns, a graduate recruitment firm which specialises in sourcing candidates for internships and giving out graduate careers advice. To hire graduates or browse graduate jobs London, visit our website.


If The Shoe Fits: Dressing For Interviews And The Workplace

Don’t know the difference between black shoes and brown? You’d fail your investment banking interview before it even started. Take our advice on interview and workplace dressing, and you’ll look sharper than Patrick Bateman on a good hair day.



Perhaps you’re up for a City job, or you’re a budding graphic designer. Just as different companies impose different dress codes on their employees, every new job description requires a fresh approach. So what to wear for that all-important meeting?

Let’s start at the far end of the scale: life sciences and investment banking. If you’re up for a job in a highly corporate field like this, don’t skimp on the detail. Studies show that black shoes, well-fitting suits in blue or grey, and dark socks are a must. For boys out there a beard, whether culturally-motivated or otherwise, can reduce your chances of that job offer. Girls, I’m sorry, but wear heels. The aim here is to show that you’re a good ‘fit’ for the interviewer’s workplace. Walking in with a bright yellow tie/eyeshadow and flat, brown shoes is like taking a secondary school class dressed as Katie Price – inadvisable.

For less formal business and banking roles, similar rules apply. A job interview is not the time to drag out that novelty Bugs Bunny shirt your mum bought you for Christmas. For companies with a smart casual or more formal dress code, go for a suit. Wear a pale shirt, probably white or blue, with dark socks, black shoes and a sober tie. Ladies, don’t be whipping out that vampy dark lipstick; you want to look natural but enhanced. Play up one feature at most, and subtly at that.

For a company with a ‘casual’ dress code, they will usually warn you of this beforehand. Do not be fooled – if you turn up in a crop top and hot-pants, you will be judged. Boys, avoid hoodies and sweatpants; you’re not Mark Zuckerberg. Safe bets are trousers that aren’t jeans; girl can opt for a knee-length skirt. If you want to wear something shorter, layer it over opaque tights – your interviewer wants to see your potential, not your thigh gap. No stomachs, no cleavage, no ankles, no back-flesh. If the interviewer doesn’t specifically say to ‘dress casual’, play it safe and don a suit.

As a general rule of thumb, whatever the role you’re going for, make a little more effort than the company’s dress code demands. Recently, on the Today Show, top CEO recruiter James Citrin was asked how a graduate can best dress for an interview. His answer? “A grad should do her homework and then be 25% more formal than the prevailing dress culture.” So do your research into what they’re looking for, and surpass it – but not by too much.


The Workplace

Congrats! You got the job. Now to navigate the office politics, the water-cooler gossip and… workplace dress codes.

There are, roughly-speaking, four classes of workplace dress code: business formal; business casual; smart casual; and casual. Recently, more formal companies have been gravitating towards the relaxed end of the scale. Accenture and PwC have both implemented ‘Dress For Your Day’ policies, where employees dress as required from day to day, and JPMorgan Chase has switched from business formal to business casual. What’s important is that you find your employer’s policy, Google it mercilessly and work within those guidelines. Looking out-of-place at the office is a major faux pas, after all.

That said, it’s important to bring a little of yourself to the mix. You’re not a corporate clone; people want to see the real you. Whether it means wearing a patterned tie, or donning a red lip, you’re not at interview stage anymore – play with your work outfit and try to find something that is on-brand you.

On the subject of high-heels… Ever since PwC sent Nicola Thorp home for wearing flats, the heels-in-the-workplace argument has raged. We think that, in a casual or smart casual environment, flats are best for our go-getting girl grads. Comfy heels that can see you through the day are also good. However, in a more formal workplace, sometimes heels become necessary. You don’t have to wear them all the time, and please don’t lame yourself with a five-inch stiletto. But for meetings and other formal occasions, heels are often judged as appearing more ‘in-place’ than flats – and ‘in-place’ means ‘professional’.

Finally, it’s important to look and feel good – and not just because that cute gal in accounting might walk past your desk. Thanks to something social psychologists term “the halo effect”, we assume that people who look good also possess other positive qualities. I’m not saying you need to look like Tom Cruise. But if you want to seem committed, capable and intelligent at work, make an effort.

So there you go! There are some interesting studies on workplace dress codes, proving that different styles of outfit promote different styles of thinking. But, as a grad recruit, your most important job is to fit in and excel. Don’t let some fashion faux-pas stop you nabbing that tasty interview, and your dream job.


Susanna Quirke writes for Inspiring Interns, a graduate recruitment firm which specialises in sourcing candidates for internships and giving out graduate careers advice. To hire graduates or browse graduate jobs London, visit our website.



Study Yourself Employable: Five Ways to Attack the New Academic Year

Maybe you’re a fresher, taking your first steps into the brave new world of tertiary education. Maybe you’re a finalist, peering over the barricade into the maw of full-time employment. Whichever it is, you need to start thinking about your employability – however unsexy that may sound.

Make your time at university count with our five-step essential guide.



It sounds obvious, but few students actually know what they want to do with their lives. Work it out, and fast. Students who know what career path they’re aiming for after university are more motivated, focussed and ultimately successful in their job applications.

University is a wonderful time to feel lost, make mistakes and discover yourself. Make sure that, in amongst this chaos, you’re also thinking about your future.



Twitter, Facebook, Instagram, Linked-In… There are better uses for your newsfeed than resuscitating that hilarious Sean Bean meme from years back.

Market yourself. Start at uni, and you’ll avoid a painful re-branding process later along the line. Get a grip on your privacy settings. Half of employers Google their candidates before interview, and they don’t want to see those embarrassing fresher pics of you, half-naked, swigging Jack Daniels from a shoe. Keep your profile pictures innocuous, and your Insta cute rather than sexy. Check out Kanye’s Twitter, do the opposite, and you’ll be fine.

Once your online presence is nicely censored, it’s time to start building your online brand. Not on LinkedIn? Fix that. Want to be a writer of any kind? Get on WordPress. Link your articles back to your social media, and your clicks will rocket. Find conversations on Twitter relevant to your career path and engage.

Channel Destiny’s Child. Make sure people in your future industry are familiar with your name, however distantly. That way, when you walk into their interview room months along the line, you’ll have already laid the groundwork for a stunning application.



We don’t mean the academic kind – though that might help too. Eight out of ten students currently work part-time to help fund their studies, but that job is doing a lot more for them than bringing in the cash. A part-time job at uni shows you can juggle commitments, develop your skillset and – crucially – get on in a daily workplace.

And employers aren’t fussy. Work experience, vacation internships and volunteering all count. People who spend their holidays in employment, whether paid or not, are perceived as more dependable candidates than their less enterprising counterparts. Proving that you already have work experience counters regular complaints of a lack of commercial awareness, time management and initiative in graduate applicants.

Some students even choose to set up their own business. This is the ultimate symbol of a self-starter and looks highly impressive on any CV, whether the enterprise tanks or not. If you can run your own company while in full-time education, what can you do as a permanent employee?



That’s right. According to a study of 500 UK SMEs, 70% believed that extra-curricular activities – that includes sports, music, volunteering and travel – are a vital part of a grad’s job application. In fact, two in three employers placed as much or more emphasis on an applicant’s extra-curricular than their academic achievements.

People who partake in extra-curricular fields such as expeditions, societies and artistic pursuits regularly demonstrate improved creativity and self-motivation. They are perceived as self-starters, able to advance themselves within a company more easily and quickly than those with narrower skillsets.

So get out there and get moving. If you want to be in politics, get involved with your student union. If you want to be in music production, set up a club night. It doesn’t even matter if it’s unrelated to your future career – just do something.



I know, I know. It’s every student’s worst nightmare: the ‘schmooze social’. But be there or be square; often, the biggest regret graduates have re:university is not making the most of networking opportunities.

There are plenty of ways to do it. Go to the events advertised by your university. Prepare well and work the room. Email people you’ve met, or even haven’t met – a feedback email sent to a visiting speaker or academic you’ve seen, along with a suggestion to get coffee or link in, can work wonders. You can even keep a spreadsheet tracking who you’ve met and where.

“Follow the three-D rule,” advises Georgina Kilner, head of Henley Business School’s postgraduate programmes. “Do it now, do it every day and don’t worry about punching above your weight.”

Meeting people in the flesh should always be your end-game aim. This is how you make a good impression, practise your people skills and boost contacts. So embrace the awkward convos – you’ll get free alcohol out of it, if nothing else.

And there you have it. Five ways to turn your time at uni into an employer’s dream. This is one of the most important periods of your life – don’t waste it on booze and parties.


Susanna Quirke writes for Inspiring Interns, a graduate recruitment firm which specialises in sourcing candidates for internships and giving out graduate careers advice. To hire graduates or browse graduate jobs London, visit our website.


Case Studies: The Low-Down

What is a case interview? To quote from the MIT Careers Handbook, it’s a situation where “you are introduced to a business dilemma facing a particular company. You are asked to analyze the situation, identify key business issues, and discuss how you would address the problems involved.”

Sounds challenging. But while case interviews are designed to push you, they shouldn’t make anyone faint in fear. Here’s a step-by-step guide that will have you tackling case study questions with confidence.


The basics

The main qualities that case studies assess are your ability to process information, evaluate risks, solve problems and deal with unusual situations. They can be on any topic and take pretty much any form – though many involve some form of maths. What they will always do is pose a complex, sometimes even unresolvable problem.

Apart from practising some previous examples, there are a few tips you can take on board. Always think aloud. This is not an exam but an interview; you are expected to voice your estimations and decisions. Work with the interviewer, not against her – if you’re lucky, they’ll help rather than hinder you in your discussion. In fact, you might be judged negatively if you shut the interviewer out; you want to prove you’re a team player, don’t you?

Prepare well. Check the company’s site beforehand, in case it has some sample questions available. Read through some famous cases from the past and try to understand how experts reacted to them. For estimation challenges, it helps to know some basic statistics (e.g. the world population in billions) but you can’t learn it all, and they won’t expect you to.

Finally, take your time. The interviewer would rather you took a careful, considered approach to a problem than rush to give a quick answer. With these questions, it’s all about the process.


How to answer a classic case study question

“A supermarket chain has noticed a decline in its profitability. They have hired you to find out why this is and to recommend and implement a solution.” (example from TargetJobs)

I hope you read that carefully, because being clear on the question is your first challenge in a case study. Listen to what is being said, take notes if necessary, and make sure you have a visual reference if a number slips out your head.

Ensure that you understand any technical terms. In this case, your prior research should have taught you what ‘profitability’ and ‘cost-effective’ mean – but in this case, it would also help to know ‘gross profit’, ‘net profit’ and ‘operating margin’. If you don’t know what something means, ask. Better to admit your lack of knowledge than reveal it through a bizarre calculation or response.

In the case above, the obvious first step is to work out why the profitability of this supermarket is declining. Suggest reasons to your interviewer, compiling a list, and possibly calculate which you think is the most likely.

The second action is to determine how to resolve each of these issues. If, for instance, the supermarket’s operating margin has risen, resulting in a decline in profits, you need to find a solution that will compensate for the additional costs.

Finally, determine any possible obstacles to implementing your strategies. If possible, find a way around them! If not, this step will at least show an awareness of common business problems and avoid your looking naïve.


… and a market sizing one

“How many people are wearing trainers on their London commute on any given morning?”

This kind of question is called ‘market sizing’. It challenges you to reach a general number based on well-informed ‘guesstimates’. Nobody expects you to get this right, as such – the process, and the way you tackle the question, is much more important than the answer. Basically, interviewers want to see how you tackle a difficult problem, and whether you can apply logic to an unfamiliar challenge.

Start by clarifying your terms. For example, does ‘wear trainers’ mean wear trainers all the way or just for part of the commute? Does the ‘London commute’ include students and children going to school, in all zones? You need to be very clear on the parameters within which you’re working.

Then, break down groups and numbers. You might know that the London population is about 8 million. Of these, you might estimate that 4 in 5 commute to school or work every day. So our commuter number would be 6.4 million.

If necessary, sub-categorise according to MECE principles – i.e. ensure that your sub-groups are all mutually exclusive, and collectively make up the whole. For example, let’s say you wanted to sub-categorise London commuters. Your groups may be:

  • Bus commuters
  • Overground commuters
  • Tube commuters
  • Boris bike commuters
  • Drivers
  • Walkers

However, there is overlap here; somebody could use both the overground and tube to reach work every morning. So these groups are neither mutually exclusive nor does their sum total equal the total of London commuters. You’d do better to go for:

  • Those who walk more than 2 miles in total on their commute
  • Those who walk 0.5 < 2 miles in total on their commute
  • Those who walk less than 0.5 miles in total on their commute

Then apply any calculations to these two groups separately, factoring in any unique issues. For example, people are less likely to wear trainers if they are walking less than 0.5 miles, but are very likely to if they are walking more than 2 miles. Apply these rules to the entire process, and you’ll come up with something close to the truth.

Case studies are not something to be frightened of. They are an opportunity to demonstrate the tenacity and independent thinking that makes you a great candidate. If you work things through as logically as possible, according to the above principles, then you will do well in the eyes of your interviewer. So get going – and good luck!


Susanna Quirke writes for Inspiring Interns, a graduate recruitment firm which specialises in sourcing candidates for internships and giving out graduate careers advice. To hire graduates or browse the graduate jobs London has to offer, visit our website.








So it would be good if some City students set up a Giving What We Can chapter at City……..


If you might be interested in setting up or helping out with a chapter (a specific group/society) at City to support this brilliant charity, do get in touch with Jonathan, whose details are in the post below to find out what is involved. Giving What We Can want to hear from students who are interested in setting up a chapter at City this year or next year. It is rare that we hear from a City graduate who is so enthusiastic about their experience that they volunteer themselves to spread the word – so I want to encourage current students to come forward. It is a great opportunity, as Coralie says. Thanks for posting, Coralie!


Giving What We Can

coraliegwwc-logo-300x289Guest Blog by  Coralie Oddy, City alumnus 2016 and member of Giving What We Can

Plenty of students come to university wanting to change the world. I certainly did – throughout my time at City, I attended protests and rallies. I baked cakes, rattled tins and raised thousands of pounds for charities. It was fun, but doubts and fears quickly crept in. How did I know my money was reaching those who needed it the most? Was campaigning and volunteering a better use of my time than fundraising? How could I choose a career that would make a social impact? And most of all –Was any of this making a difference at all?

Faced with doubts like these, it’s easy to end up apathetic and cynical – or to try our best without making much of an impact. By and large we accept that the world’s biggest problems are insurmountable. We worry about government corruption and charities working ineffectively. In a way, I think this helps relieve us of a sense of responsibility – if there’s nothing we can do, we needn’t do anything. My doubts and fears didn’t stop me from wanting to change the world, but they almost stopped me trying.

Then I found Giving What We Can [1] and everything changed.

GWWC is a community of people who want to change the world and are committed to finding the best ways of achieving this. Specifically, they focus on which charities have the biggest impact on eliminating world poverty and do the most good with the donations they receive. Their research suggests that some charities are 1000 times more effective than others. This means choice of charity alone can be the difference between saving 1 life and saving 1000 lives.

Giving What We Can has the principles of Effective Altruism at its centre. EA is a social movement that applies evidence and reason to finding the most effective ways to improve the world [2]. Effective Altruism encourages individuals to consider their actions and act in ways that bring about the greatest positive impact, based on their values. The London Effective Altruism and Giving What We Can chapter [3] holds regular meet-ups, which are great for meeting likeminded people and discussing how best to do good better together. Continue Reading


Final year student or graduate and want to work in television? Apply now for The Network!




A fantastic opportunity is now open for final year students of any subject or graduates who have a strong interest in getting into television as their future career. The opportunity I’m talking about is known as The Network.  The Network is is a free scheme (accommodation and food bursary included), open to all over the age of 18 (final year students only if currently studying) with a  90 %+ conversion to paid employment in television. The Network is targeted at people who have had very little experience in television. If you have done a 3 month internship for example, you are unlikely to be a suitable candidate.

The Network takes place over 4 days in Edinburgh, where you will receive intensive training and benefit from networking opportunities.

There are 50 places available nationally. You will need to make a very strong application which demonstrates your passion about TV and shows that you have researched the sector. You may want to discuss your application with a careers consultant at City in advance and have the content checked over by an Applications Adviser.

The organizers of The Network will be visiting City soon to talk more about the opportunity- so look out for this under our Events and book your place!

You can register for their 2017 programme here: The Network



Do I Really Need To Do An Internship? (The answer is yes!)

Thanks to Inspiring Interns for this guest post.

Every university student with an eye on their post-graduation employment has considered the internship question. To intern or not to intern?

Bad press means many students associate internships with exploitation. Unfortunately, a competitive graduate job market means they’re also increasing necessary: without an internship, only 11% of final year students secure a job offer before they graduate. For students with an internship under their belts, that figure jumps to 36%.

So yes, you kind of do need to do an internship to get ahead. Luckily, internships can be a fantastic experience, allowing you to develop new skills, earn money, and land your dream job!

Still not convinced? Read on:

“I Can’t Afford To Work For Free”

Nor should you! While the non-payment of interns is notorious, it is also illegal – if a company expects you to act like a worker then they must pay you minimum wage. Of course there will always be some rotten apples out there, but 4 out of 5 of internships do comply with this law.

Even if you are willing to work for free to get ahead, you may be doing yourself a disservice by doing so. Evidence suggests that while paid internships boost your career prospect, unpaid internships don’t increase your chances of employment at all.

“I Don’t Want To Be A Glorified Teaboy”

Fair enough – guess we’ll rule out that placement at PG Tips then! In all seriousness, most internships these days are much more than following a harassed HR manager around and photocopying endless pages of a report. A recent survey showed that 7 in 10 interns receive formal training, and two-thirds are given a structured work plan.

In the same study, 86% of interns claim to have gained career-enhancing skills on their placement, and 92% called their internship challenging and said it met their expectations.

“Employers Are Just Looking For Cheap Labour”

Actually, three-quarters of companies who employ interns do so on the assumption they’ll end up hiring them permanently. Internships are a way to prove yourself and show a business that you have what they’re looking for in an employee.

Remember that, no matter how good your grades are, when you first enter the world of work you probably will not have the experience or commercial awareness companies want from their staff. An internship is a way for them to train you up with the specific skills they need – making you a highly desirable hire at the end of it. That is why a whopping 98% of employers think internships provide candidates with highly desirable career skills.

“I’m Not Sure What I Want To Do”

Wouldn’t it be great, in that case, if you could try out an industry (or several!) for a short, fixed period of time, with no obligations to continue working there if you didn’t like it, and the opportunity to learn a lot about what working in that field would entail and whether it would suit you?

Sort of like an internship, in fact.

“I’ve Got A Degree; Getting A Job Will Be Easy!”

Sorry maestro, but no matter how awesome your dissertation on Venetian maritime history was most employers are still going to want you to have some, well, actual work experience. Unfortunately for you, they can afford to be picky – the average graduate job received 39 applications. Add on the fact that half of jobs are never advertised (they’re filled through the sort of networking you’d be exposed to as an intern) and the need to stand out from the crowd becomes pretty obvious.

The fact is that employers love internships as a route to filling their permanent jobs. They like hiring their own interns because it gives them a chance to judge how they work and how they fit in with the company culture. And they love hiring other people’s interns because they believe they’re equipped with the sort of skill set and commercial awareness that will make them successful.

All in all, your concern shouldn’t be about whether you do an internship but whether you do the right kind of internship. Pick one which pays, which develops new skills, and which allows you to make great industry connections and you’ll be one rung higher up your dream career ladder.

Beth Leslie writes graduate careers advice for Inspiring Interns, a graduate recruitment firm which specialises in matching candidates to their dream internship. To hire graduates or browse graduate jobs London, visit our website.