After completing a number of years at university, studying to achieve the qualification you have worked extremely hard for, it is time to take the next step on your career path - finding employment. For many, the gruelling task of completing application after application seems never-ending and for a few this process is skipped in favour of a highly sought after position within a graduate scheme.

A graduate scheme is a specially designed work placement for graduates to allow them to enter employment immediately after completing their degree. There opportunities are rare and valuable, therefore the demand is high amongst competing individuals. A graduate scheme is seen as a premium position to fast-track yourself into a career . In the same manner as applying for a job, a graduate scheme has an application and interview process to pick only the best of new talent.

In return for your dedication and fresh skills, companies that offer graduate schemes provide you with direction, stability and the opportunity to succeed within your chosen career path. As a graduate your talent, creative mind and ability is your input to the offer in return for a premium post within an established organisation.

Graduate schemes tend to run for one year, an adequate amount of time to allow the graduate to build strong career foundations within their place of employment and understand the company's operations. Generally, the graduate will move around and work in different areas of the business to achieve a good understanding of how it operates as a whole and to find out which area he or she feels their skills are best suited.

Investing time and money into a graduate by offering a graduate scheme does have its downfalls though. The salary offered to those undertaking a graduate scheme is usually lower than other employees and you are asked to move around the business, working in departments you may not enjoy. Due to the cost of providing graduates with this generous offer of working in multiple locations, they are expected to remain with the company for the duration of the scheme and after, putting their skills to good use and giving something back to the organisation. Whilst there is no contract for graduates to adhere to, it is good practice to remain with the company as a sign of respect.

A graduate scheme is a fast-track career move, enhancing your performance through specific training, tuition and being allowed to "shadow" other employees to ascertain new skills. Recognition from your peers may not be achieved quickly, but in due course your skills will be put to the test and this is your opportunity to shine.

Graduate schemes are open to all, including international students, providing every student with a chance to undertake a valuable and promising career. It is wise to research which companies are offering graduate schemes and the best way to apply in plenty of time before your finish your degree as there are few positions and numerous applicants. University staff may hold this information and some companies may perform presentations on career days so be sure to research thoroughly. Good luck!