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Title: Career Development and Employment Service AC2E02C Management


1
Career Development and Employment Service
AC2E02C Management Accounting for Control
  • Career Choice and Employability Skills
    Development
  • Neelam Thapar n.thapar_at_londonmet.ac.uk
  • Careers Adviser

2
LECTURE OUTCOMES
  • An understanding of career choice and graduate
    labour market information
  • Able to identify what skills you have and know
    how to enhance these skills and your experience
  • Recognise the different ways of finding job
    vacancies
  • Realise what it is that graduate employers are
    seeking from applicants

3
Examining Career Choice
  • Career choice can be dependent on many elements.
    For example
  • Location
  • Travel opportunities
  • Well known company
  • Training and further qualifications
  • Working with people you like and can socialise
    with to others that does not matter at all.
  • Your values i.e. how important is money? And as
    opposed to family, friends, a social life, etc

4
Examining Career Choice
  • To help plan for your futures, Career Models can
    be practically useful - a good
  • theory enables people to derive answers to many
    questions, e.g.
  • how are preferences for occupations developed?
  • What interventions are needed to help make sound
    career decisions, etc.

5
  • Some career theories (trait and factor) can help
    match skills and interests to jobs, but jobs
    and people can be more complex than this
  • Other theories examine how different life stages
    can influence career choice
  • Career choices can be influenced by community
    i.e. family, peers, role models, social groups
    (gender, class, ethnicity, age, disability, etc.)

6
  • In Universities, Careers Services use the DOTS
    model (Law and Watts 1977)
  • D decision making
  • O opportunity awareness
  • T transitions
  • S self awareness
  • Starting with self awareness, opportunity
    awareness, decision making, transitions

7
A process for personal, career academic
development
Where am I now?
Where do I want to be? Where do I need to be?
Review and development.
How do I get there?
Getting there.
8
  • People approach career management in different
    ways - some may send off applications without
    thinking about how the labour market is changing
  • The more you are informed and prepared, the more
    successful you will be

9
Be Prepared Forces of Change
  • Politics
  • Globalisation
  • Communication
  • Competition
  • Demographics
  • Education
  • Technology

10
Be prepared Organisational change
  • De-layering
  • Outsourcing
  • Customer focus
  • International operations
  • Use of IT

11
Career Buzz Words
  • Career Management Skillsis a process that allows
    you to develop knowledge and skills to affect
    personal and career change in response to the
    developments in the world of work and society.
  • Employability how individuals engage with
    opportunities and develop, reflect and articulate
    their skills and experience (AGR 2002)

12
Cycle of Skills Recording
What have I achieved?
Where am I going?
Where am I now?
Reflect on current position
Evaluate and Review
Plan development goals
Record achievements
Determine skills required
Where am I now?
Where am I going?
What have I achieved?
13
Personal Development Portfolio
  • PDP is where you
  • Review your skills
  • Identify your strengths and weaknesses
  • Provide evidence of how you have developed skills
    and experience
  • Plan for the future and set new targets
  • It is not sufficient simply to have an
    experience in order to learn. Without reflecting
    upon this experience it may quickly be
    forgotten (Graham Gibbs 1988)

14
Ideas for your PDP
  • Document examples of activities that you have
    undertaken over semesters
  • Describe the activities that you have undertaken
  • Comment on the learning gained from the activity
  • Reflect on how you might have done things
    differently in future
  • - This process is relevant to when you apply for
    jobs in the future reflecting on and describing
    your university learning, experience of work,
    extra curricular activities and the skills you
    have developed and the context in which these
    skills were gained

15
Using Graduate Labour Market Information for
Career Planning
16
What is LMI?
  • Labour Market Information
  • Any information about the structure and working
    of a labour market and any factors likely to
    influence the structure and working of that
    market, including
  • Jobs available
  • People to do those jobs
  • Changes in the business environment
  • Politics

17
LMI is
  • 3 main elements
  • The demand side
  • Jobs available
  • In which industries
  • Regional location
  • Part time/full time
  • Permanent/temporary

18
LMI is.
  • The supply side
  • people to do the jobs available.
  • with the relevant skills and qualifications
  • Workforce composition gender, age, ethnicity,
    disability

19
LMI is
  • External forces issues and influences affecting
    the labour market
  • - Legislation eg. Minimum wage, discrimination,
  • - Economy public spending, world events e.g.
    9/11, war, Katrina
  • - Government policy e.g. widening participation
    in HE

20
London Labour Market
  • 4.5 million jobs
  • 350,000 organisations
  • Biggest sector - business and professional
    service (architecture, advertising, legal, market
    research) 700,000
  • Second biggest - financial (banking, insurance,
    pensions) 300,000
  • Declining manufacturing
  • www.guidance-research.org/future-trends

21
London Labour Market
  • Large companies (over 500 staff)
  • 700 in total only 0.2
  • Majority of London companies are small medium
    enterprises (SMEs), employing less than 250 people

22
Predicted top 3 industrial areas for graduate
recruitment for 2007
  • 1) Accountancy and professional services 23
  • 2) Banking and financial services 12.2
  • 3) Engineering and industrial companies 9.3

Association of Graduate Recruiters 2007
23
Graduate Employment
  • 75.8 of employers primarily look for
    transferable skills.
  • Where a degree discipline is wanted, the one most
    in demand is engineering technology
  • Graduate Prospects

24
Options ...
  • Chartered Accountant
  • Chartered Certified Accountant
  • Chartered Management Accountant
  • Chartered Public Finance Accountant
  • Banking, Tax, Insurance, Trading, Financial
    Services, etc.
  • IT
  • Marketing
  • HR
  • Business administration
  • AND MANY, MANY, MANY MORE

25
Graduate Salaries - predictions
  • For 2007
  • National averages 23,024 - prediction from
    Prospects23,431 - prediction for 2006 from
    AGR- a 2.1 increase from 2006

Graduate Vacancies - predictions
  • For 2007
  • 5.2 on 2006

Graduate Prospects, Association of Graduate
Recruiters
26
Average starting salaries for 2006 graduates
  • Advertising, marketing PR 20,253
  • Finance, insurance and pensions actuarial work
    24,577
  • Information technology 20,235
  • Management consultancy 22,450

Graduate Prospects
27
Where the jobs are
  • London the graduate hot spot
  • 1 in 7 vacancies are advertised in London
  • Strongest growth predicted for SE, NW, NE of
    England and Scotland.

28
Recruitment methods
  • 33 graduate employers use on-line screening
    tests (skills, numeracy, literacy)
  • 78 use final round assessment centres
  • 32 accept applications all year round

29
What can LMI do for you?
  • Assists you in researching and making career
    choices
  • Which are the main sectors where London Met
    graduates are employed?
  • What are the growth areas in graduate recruitment
    locally and nationally?
  • Resources
  • www.prospects.ac.uk
  • What do graduates do? and How much could I
    earn?
  • www.guidance-research.org/future-trends

30
First Destination Survey
Feedback from graduatesindicates that they
fail to engage with Careers issues early enough
in their academic programmes. This probably
limits their use of opportunities for personal
and skills development, may restrict their vision
of the career opportunities available and means
that they dont give sufficient time to how to
communicate their skills and aptitudes to
prospective employers. Higher Education Academy
31
The most recent labour market information
appears to provide evidence that a degree on its
own, without accompanying work experience,
evidence of achievement, and/or transferable
skills, is not enough. This is true especially
against a backdrop of increasing participation in
Higher Education.. Prospects website, 2007
32
What are Employers Looking For?
  • Willingness to learn
  • Com.
  • Dependability/reliability
  • Se..-mo..
  • T w
  • Initiative
  • Co.. Aw.
  • Co-operation
  • Com. skills
  • Dr/en.
  • Se..-ma..
  • Desire to achieve/ motivation
  • Pr..-so.. ability

Source Employer Satisfaction Survey, in AGCAS
Making Applications booklet
33
Example of a Skill Teamwork
  • Working co-operatively towards a common goal
  • Contributing your own ideas effectively to the
    group
  • Listening to others opinions
  • Taking a share of the responsibility
  • Being assertive rather than passive or
    aggressive
  • Accepting and learning from constructive
    criticism and giving positive constructive
    feedback to others

34
Case StudyMoore Stephens
  • International Accounting and consultancy company
  • Clients in the public sector, IT, New Media and
    Property
  • Offices in 33 towns and cities in the UK as well
    as globally. 8th largest company in London
  • Recruits for work placements, internships and
    graduate jobs

35
How Moore Stephens select
  • The application form
  • The MS selection morning
  • Breakfast with the partners
  • Presentations
  • Interview
  • Office tour
  • Team Exercises
  • Lunch with the trainees

36
How Moore Stephens select
  • Can you do the job?
  • Communicate effectively
  • In writing
  • Verbally
  • Non-verbally
  • Think commercially
  • About Moore Stephens
  • About the wider world

37
Key to Success
  • Gaining the experience to help you develop
    transferable skills
  • Learning how to communicate the skills to
    employers via the application process
  • CV with covering letter
  • Application form
  • Interview and selection process
  • Networking!!

38
Developing Skills
  • Through previous school and college activities
  • Through your home life
  • Through your course
  • Through vacation and part-time work
  • Through a placement
  • Through extra curricular activities

39
Benefits of Experience - paid, unpaid,
volunteering
  • You often need experience in order to get a
    graduate job!!
  • Practice for the graduate recruitment process and
    gain evidence of achievement and the skills
    employers look for
  • Whether you are suited to working in a large or
    small company, commercial or not-for-profit
    sector
  • Get a thorough understanding of a sector,
    organisation or job role and Test-drive a
    specific job without long term commitment
  • Become aware of the culture and structure of a
    working environment and reality of every day
    working eg. timekeeping
  • The environment and / or location you would like
    to work in
  • What you like and dont like doing and are good at

Liz Rhodes, National Council for Work Experience
http//nusonline.co.uk
40
Finding Placements/Internships
  • Normally focussed on a particular job area
  • Placement company may take you back as a
    graduate!
  • Can put theory into practice
  • Formal placement applications and/or speculative
    applications
  • Need to spend time on applications









41
Professional Placement Module
  • For students, who do not have a compulsory
    placement as part of their degree A minimum of
    5 weeks full time during the summer vacation
    after year 2 or a period which is equivalent to 5
    weeks (25 days) during year 3Placements should
    be related to your course and be at a
    professional level/near graduate level
  • This module allows students to gain credits for
    their course from their work placement

42
Professional Placement Module
  • Students usually work with SMEs, not-for-profit
    and public
  • sector organisations. Examples include
  • Vertigo Magazine
  • Great Ormond Street Hospital
  • Knights Solicitors
  • Plan-It Event Consultancy Ltd
  • BBC
  • Gosh PR
  • Edward Wilson Primary School
  • Somali Education Centre
  • Marks Spencer
  • Contact Tiffany Platt t.platt_at_londonmet.ac.uk

43
Advertised placements and contacts
  • www.step.org.uk
  • www.work-experience.org
  • www.get.hobsons.co.uk
  • www.doctorjob.com/WorkExperience
  • www.lgcareers.com
  • www.eurostage.org

44
Career Development Employment Service
  • CVs, application forms, covering letters
  • Quick careers queries
  • Vocational guidance
  • Workshops and E guidance
  • Information on jobs, careers and employers
  • Job vacancies Employment Online"
  • Visiting employers-presentations, stands,
    workshops
  • Computer-aided guidance
  • Psychometric test sessions
  • Volunteering

45
Employment Online
  • Part time work
  • Vacation work
  • Placements
  • Internships
  • Graduate jobs
  • Jobs by email
  • Register online
  • www.londonmet.ac.uk/careers/employment

46
Volunteering
Put aside preconceptions volunteering is work
experience the act of choosing to be a volunteer
can show greater initiative and
commitment Miles Killingley, Senior Manager,
Executive Education at HSBC Volunteering can be
a great way to develop the skills we look for
when recruiting graduates. Helen Feltham, Marks
and Spencers Director of UK Retail, Human
Resources
47
How to find volunteering positions
  • Career Development and Employment Service
    http//reach.londonmet.ac.uk
  • Look in local papers to find adverts for
    volunteers
  • Use a website that advertises volunteering
    opportunities like www.do-it.org.ukwww.timebank.
    co.ukwww.csv.org.ukwww.volunteering.org.ukwww.s
    tudentvol.org.ukhttp//london.timebank.org.uk

48
Extra-Curricular Activities
  • Volunteering placements
  • Part-time work within the university/peer support
  • Sports, Music, Drama, etc
  • Mentoring
  • Skills development

49
ERASMUS Programme
  • ERASMUS allows you to study or work for 3-12
    months in one of 31 other European countries as
    part of your degree.
  • ERASMUS
  • Enhances your intercultural skills
  • Helps you to gain self-reliance
  • Looks good on your CV and can be emphasised in
    job interviews

50
ERASMUS Programme
  • For further information
  • Visit www.londonmet.ac.uk/erasmus
  • Contact the Europe Office on
  • erasmus_at_londonmet.ac.uk
  • or at
  • Reception area, Stapleton House
  • APPLY BY APRIL 15TH TO TAKE PART IN ONE SEMESTER
    PROGRAMME IN SEPT 2008

51
The 4 Ps of Job Searching
  • Preparation research jobs and sectors, entry
    routes, labour market, types of employers. Think
    about your motivation, values and skills
  • Pro-active think, plan, act, follow-up
  • Persistent most job search involves rejection
    keep going learn from feedback
  • Patient be realistic about timeframes

52
Timing when to start looking
  • Graduate programmes and careers fairs from
    October/November of your final year
  • Other full time jobs from March/April of final
    year

53
Finding Vacancies
  • Traditional
  • Creative

54
Hidden Job Market - The Employers Perspective
  • Many employers do not have a huge budget for
    graduate recruitment
  • Many employers do not have the time or resources
    to sift through hundreds of CVs or application
    forms

55
Employers May Favour
  • Putting the onus on graduates to come and find
    them
  • Self-selection by graduates

56
Web 2.0 Hints and Tips
  • Employers to increase use of social networking
    sites for recruitment
  • Examples of employers with FB profiles include
    Ernst Young and KPMG
  • Think about the content of your own Profile
  • how much personal information is on show?
  • - would the content cause embarrassment or
    offence?

57
Recruitment Agencies
  • Some are general many are industry/sector
    specific
  • Select according to individual need
  • Agencies have a different approach to CVs and
    many provide their own template
  • Some agencies use application forms for
    registration purposes
  • Many administer tests e.g. psychometric, word
    processing, literacy and numeracy
  • Follow up on progress it helps to remind them
    that you are still looking

58
Speculative Approach
  • You are not responding to a known vacancy, but
    rather trying to create an opportunity for
    yourself.
  • Need to research companies to which you are
    applying use the internet, trade/specialist
    press, business papers to make targeted
    applications
  • Use job descriptions/person specifications from
    previous job adverts or look at the information
    on specific jobs at www.prospects.ac.uk to help
    write your cover letters

59
www.prospects.ac.uk
60
Making the Most of Your contacts by networking
  • Who can you ask for help?
  • Do not be afraid to ask!
  • Develop and use contacts through
    jobs/placement/career fairs/career events
  • Use university lecturers
  • Use alumni

61

Conclusion
  • You will already have many skills and abilities
    that employers will value
  • You will further develop these and learn
    additional ones whilst at university
  • Work experience and/or volunteering are vital
  • Learning how to communicate your abilities to
    employers is essential
  • Use the resources that the university provides to
    get ahead in the job market Research/Preparation
  • Develop an Action Plan and record this in your PDP
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