Summer Internship Programme for Students 2016
A great opportunity for students who want to gain work experience over the summer at a small-to-medium enterprise.
How would you like to gain real life experience working for a small or medium sized enterprise and get paid for it?
Applications for the 2016 programme have now closed. Further news about the 2017 programme will be released in the autumn/winter of 2016.
UCL is committed to:
- Bettering students’ employability skills;
- Connecting students with the exciting entrepreneurial and small business scene in London; and
- Supporting London-based SMEs gain real tangible benefits from a UCL intern and to make their businesses progress.
This summer, UCL Advances will fund approximately 100 internship places (8 or 12 weeks) to UCL students and recent graduates (from 2014, 2015 and 2016) who have submitted a compelling application together with an SME of their choice. In other words, applications are from student-company pairs, NOT from a student or a company separately, wishing to be matched to a counterpart.
To find a company with whom to submit an application, you can either attend a recruitment fair specific to this programme in March 2016 and meet companies looking to recruit, or you can contact SMEs of your choice and see if they’d like to apply with you.
In addition to new skills and experience to add to your CV, you will be paid £329/week which equates to London Living Wage for a full-time internship. If you earn £10,600 or less during the 2015/16 tax year, your income is within the Personal Allowance limit and therefore, not subject to tax. If you earn more than £10,600 during the year, you will need to file a self-assessment tax return to HMRC. Please note that holiday pay is NOT included in this so if you intend on taking a holiday during your internship (or to take time off to work on a dissertation etc), you will need to firstly agree this with your host company, and secondly agree how to make up for the time (extend your internship by x weeks or work longer hours on other days).
What is an SME?
An SME is a small or medium-sized enterprise, defined as:
- employing fewer than 250 people; and
- having an annual turnover of less than €50 million.
Start ups, social enterprise and charities are also included. SMEs are an important growth area for graduate recruitment. New and upcoming businesses tend to be SMEs and they cover most business sectors.
Who is eligible?
Eight week internships are open to all UCL students and recent graduates (from 2014, 2015 and 2016) from all faculties and degrees.
Twelve week internships are ONLY open to final year students and recent graduates (ie, you will not be returning to full-time studies in September 2016) due to the restrictions of Santander Universities who part-funds these placements. Successful interns here will also need to complete additional forms in line with Santander Universities requirements.
To take part in any placement, you need to be eligible to work in the UK. If you are an international student, your visa must cover the full duration of the internship.*
- Please see the student information pack for more details on eligibility of those with a Tier 4 visa but a general rule is that if you’re a postgraduate student on a Tier 4 visa, it is likely that you are not eligible.
Eligibility requirements for host companies are that they must:
- Be an SME, start-up, social enterprise, or charity;
- Be based in London (within zones 1-6);
- Have a desk for you in an office (NOT a home office) where another full-time member of the company sits (co-working spaces are acceptable); and
- Have a member of the senior management team is committed to spending at least half a day per week meeting with or mentoring you (taking you to meetings, reviewing goals and tasks etc).
If you submit an application with a company,
it must be a new relationship (ie, you cannot be/have been an employee/paid
intern of the company, you must not own any equity/shares in the company, and
you must not be related to the owner(s)/director(s).
The Enterprise Bootcamp is a 3 day free course that teaches the fundamentals of the modern business world. Attendance at an Enterprise Bootcamp is mandatory to securing an internship. Previous interns who have attended the Enterprise Bootcamp have testified how valuable and relevant the content has been, not just to their internship but also in general. Sign up quickly as they normally sell out!
How to apply
Submit the joint application form to email@example.com by 12pm on Monday 25 April 2016. Please note that we will NOT be reviewing these forms until w/c 25 April 2016. Each party in the application form should set aside at least 30 minutes to complete their portion of the form (general guidelines on what we’re looking for in the applications are given in the information packs).