UCL Department of Economics


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 Why hire a UCL Economics Placement student page. 

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

You can find more details about the support we offer to employers at this link.

Do I need to pay my placement student?  

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

How long does a student typically spend on 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 UCL outside of placement opportunities?  

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