If you’re finishing uni and thinking about what comes next, chances are you’ve heard people mention “graduate schemes” like they’re some magical path to career success. But are they really the best option? What if you just want a regular job and don’t fancy a long application process or a two-year structured programme?
In this post, we’re breaking down what makes graduate schemes different from regular jobs, the pros and cons of each, and how to figure out which one might suit you best. Because the truth is, there’s no one-size-fits-all answer when it comes to starting your career.
What is a Graduate Scheme?
A graduate scheme is a structured training programme offered by large companies. It’s designed specifically for recent graduates and usually lasts between one and three years. These schemes aim to develop you into a future leader or specialist within the business.
You’ll typically rotate through different departments, get formal training, and have regular check-ins with a mentor or manager. Sectors like finance, law, engineering, retail, the public sector, and tech are especially big on grad schemes. Think companies like Deloitte, the NHS, Sky, or Unilever.
Graduate schemes are competitive and usually have an intense application process. You might face online tests, video interviews, assessment centres and group tasks before you even make it to a final interview.
What is a Regular Job?
A regular job (sometimes called an entry-level job) is just that: a job that doesn’t require previous full-time experience but doesn’t come with the structured training or long-term development plan of a grad scheme.
You could start in a junior role and learn on the job, gradually taking on more responsibility. These roles can be in small businesses, startups, local companies, or even large organisations. They might not be branded as “graduate” roles, but they’re open to grads and can be just as valuable.
Key Differences Between the Two
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Structure and Training
Graduate schemes are highly structured. There’s usually a plan from day one, with clear milestones and regular feedback. You might rotate between departments or even locations.
Regular jobs tend to be more fluid. You might get some training, but it’s usually on-the-go rather than part of a formal programme. That can be a plus or a minus depending on your learning style.
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Application Process
Grad schemes often have long and rigorous application processes. They’re designed to filter out hundreds or even thousands of applicants.
Regular jobs usually have a simpler process: CV, cover letter, maybe an interview or two. You’re less likely to face psychometric testing or group assessments.
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Pay and Benefits
Graduate schemes often come with decent starting salaries, perks like relocation packages, bonuses, and structured pay rises.
Regular jobs might start on lower pay, especially in smaller companies, but there are plenty of exceptions. Don’t assume a grad scheme is always better-paid—it really depends on the role and industry.
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Progression and Long-Term Development
Because graduate schemes are designed to fast-track you into higher roles, you’ll usually have a clear path ahead of you. Some even offer a guaranteed job at the end.
In a regular job, progression is often less formal. You’ll need to be proactive and might have to move companies to step up. But this can give you more freedom to shape your own path.
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Company Size
Grad schemes are usually run by big companies with the resources to train lots of new hires.
Regular jobs are more common in SMEs (small and medium-sized enterprises), charities, startups, or independent organisations.
Pros and Cons of Graduate Schemes
Pros:
- Structured development and training
- Often high-quality mentoring
- Good pay and benefits
- Clear progression path
- Prestigious on your CV
Cons:
- Intense application process
- Very competitive
- Can be rigid and corporate
- Might not suit creative or independent workers
Pros and Cons of Regular Jobs
Pros:
- Faster and easier to apply
- More flexible and varied
- Can start immediately
- Often more responsibility early on
- Better for certain industries (creative, media, third sector)
Cons:
- May lack formal training
- Less structured progression
- Might need to switch jobs more often to move up
- Pay and benefits can vary widely
Which One is Right for You?
There’s no right answer here—it really depends on what you want from your first job after uni.
A graduate scheme might suit you if you like structure, regular feedback, and having a clear career path from the outset. They tend to work well for people applying to large companies in sectors like finance, law, or tech, where development programmes are the norm. If you’re keen to boost your CV quickly and you don’t mind jumping through a few hoops with a long application process, then a graduate scheme could be ideal.
On the other hand, a regular job might be a better option if you prefer learning by doing and want to get stuck into work without delay. These roles are often a good fit for anyone interested in creative industries, startups, or smaller businesses where things move fast and flexibility is valued. If you’re not ready to commit to a long-term programme or want more variety early on, then starting in a regular job could give you exactly that.
Don’t Put Pressure On Yourself
It’s easy to feel pressure to apply for graduate schemes just because everyone else is doing it. But remember, there’s no single path to success. Some people thrive in the structure of a grad scheme. Others carve out amazing careers in regular jobs, freelancing, or even starting their own thing.
Whichever route you take, your first job isn’t your forever job. It’s just the first step. Focus on learning, gaining experience, and figuring out what you enjoy.
So whether you’re polishing your CV for a Deloitte grad scheme or applying to a cool local startup, go for what feels right for you—not just what sounds impressive on LinkedIn.
Thinking about both options? There’s no harm in applying for a mix of grad schemes and regular jobs to see what comes up. The right opportunity might surprise you.