Types of placement
The very nature of management as a function, and the diverse needs and interests of our students, makes it impossible to set out a ‘typical’ placement programme.
Students expect to be given a ‘real’ job with all the challenges, responsibilities and problems this may bring. In general terms, the job may be described as:
- Participatory: students join a team that takes part in a variety of tasks within one or more departments
- Project based: students are assigned a series of supervised projects in which the intellectual challenge and other demands are progressively increased
- Supervisory: students are primarily responsible for the duties of other people
- Set role: students join a particular department, such as finance, marketing etc.
The best kind of placement is when companies treat students similarly to new graduates, fitting them naturally into the organisation, assigning responsibilities and expecting results. This should be done with an appropriate level of support to the student, particularly during the initial stages of the placement. Placement students can often be required or encouraged to undertake professional or regulatory qualifications during their placement year.
What support is provided?
Each student is allocated a placement tutor – a member of academic staff from Loughborough Business School, who will contact the student on at least one occasion. During the visit the tutor will typically talk separately with both the student and the supervisor assigned by the employing organisation.
The purpose of these visits is to maintain contact with all parties, to satisfy the tutor that the work being undertaken is appropriate and that the student is making an effective contribution to the organisation.
Additionally, specialist staff in the School’s Placements Office are always available to contact for support, guidance and information.
What makes a good placement?
- A planned programme of work and training compatible with the student’s level of knowledge, experience and expectations.
- Opportunities for the student to gain an understanding of the organisation and to develop key competencies and interpersonal skills.
- An induction period at the start of the placement.
- A suitable supervisor and/or mentor assigned to the student.