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UCL Department of Economics

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Frequently Asked Questions for Employers 

What is a placement year?

A placement year, or a year industry is most similar to a graduate role, more than work experience or temping and usually takes place in between the second and final year of a student’s degree. It’s an opportunity for students to develop their skills but also offers, you the employer, a talented and skilled addition to your team or project.  For UCL BSc Economics with a Placement Year student this must be a paid opportunity that complies with minimum wage legislation. 

What are the benefits of hiring a UCL student for a placement?

You can find more details about the benefits of hiring a UCL Economics students on our: find out more information about the benefits of a placement. 

How can the UCL Department of Economics support me before and during a placement?

You can find more details about the support we offer to employers: find more details about placement support.

Do I need to pay a UCL placement student?

We believe it’s important to offer our students paid placements and as such we only advertise placements that comply with  UK law: find out more about UK minimum wage rates. 

How long does a student typically spend on a placement?

Students coming to the end of their second year on the placement degree can begin work after term three ends (mid-late June) and can continue for up to 12 months. The ‘assessed placement period’ runs for the academic year (September-June) only.

What other ways can I engage with the UCL Department of Economics outside of placement opportunities?

You can find ways to get involved with students outside of placement opportunities: access the UCL Careers webpages.