In the Department of Accounting and Finance there are 'industry' variants of all our degree schemes that give you the opportunity to spend twelve months working on a paid industrial placement. This takes place after you have completed the first two years of your degree and you then return to Lancaster for your fourth and final year. You can apply for these degrees when you make your UCAS application.
On the EY Scholarship (2017 entry only) scheme, there are two paid placements with the company: a summer internship and a year-long industrial placement. These are built into the degree programme and are typically based at two different EY offices. To find out more, see EY placements.
Each year LUMS attracts placements from a wide range of employers, including large accountancy firms such as KPMG, Deloitte and PwC as well as many other multinationals – and our LUMS Careers team runs an annual placement fair that gives you a chance to meet potential employers.
In all cases, as a placement student you will be doing a responsible job, and will be supported by a supervisor back at Lancaster. We also prepare you in advance for going into industry with a special Careers Skills module that includes a focus on the kinds of soft skills that will be important in the workplace.
Competition for placements is fierce, but we support you at all stages of the application process to help you maximise your chances of getting the placement you want. Find out about the process of applying for placements
Learning about business – and yourself
Wherever you are based for your placement, you will have the chance to see at first hand how the various parts of a business interconnect, and what role financial controls and accounting systems play in an organisation's overall strategy and its day-to-day operations. You then bring those insights back to the work you complete in your final year, which includes a dissertation in which you explore some aspect of your industry placement experience.
Placements are also a great way to discover what you are really capable of, and assess what direction you would like your career to go in. Students often tell us their placement year was one of the most exciting and fulfilling parts of their degree – see the LUMS Placement Profiles to learn more