Undergraduate Placements

Find out what we have to offer you

A paid Undergraduate Placement with Newcastle Building Society is a great way to kick-start your career. Our Undergraduate Placement gives you 12 months of real business experience, providing you with real insight into your chosen business area.

You will be working as part of the team, have real objectives to deliver with the support of your team whilst having regular opportunities to chat with your manager in your performance with development reviews which will help you to get the most out of your time with us.

As a student you will have been at university for two years and will be looking for the right work placement to help you complete your degree. You’ll be the best in your class, highly motivated and enjoy coming up with creative ideas and ambitious ways of working.

We’re looking forward to hearing from you and finding out more about how you’ll make a difference here at the Society.


Interested in a student Placement with us?

We asked our previous placement students about their time with the Society and what their key learning’s had been from their placement year. Read below what each one had said about the transferable skills they believe they will be able to take back to university.

• Hannah studied Business and worked in our HR department

• Chelsea studied Economics and is worked in our Finance department

• Marion studied IT and is worked in our IT department

• Charlotte studied Accounting and Finance and worked in our Conduct Risk team

• Adam studied Business and worked in our Marketing department


What was the best thing about your role as a Student Placement?

Hannah - The best thing about my HR Student Placement was that it had gave me the opportunity to apply the theory I had learnt at University into real life work situations and I gained various transferable skills. For example, I saw how Newcastle Building Society ran on a day to day basis, and understood why certain things were done in certain ways to benefit the business. I would recommend a placement to everyone who gets the opportunity.

In terms of HR and my placement, I gained a wider knowledge of my degree and felt like I had been treated as a true member of staff. I was given a number of responsibilities and tasks to complete on a daily basis, I felt comfortable asking questions and enjoyed the friendly working environment.

Chelsea - The best thing about my role was being given the freedom to manage my own time and tasks. Also the team itself, they were all very friendly and helpful.

Marion - For me, the best thing was that I was exposed to the real world IT problems/issues and it was not all simulations like at university.

Charlotte - The best thing about my role was the level of responsibility given to me from day one. After a few weeks of training at the start of my placement, I was trusted to undertake tasks and solve problems independently. Due to the nature of my role in compliance, I was involved with a variety of business areas which gave me an insight into the business as a whole and increased my understanding of financial institutions. The Society also had a very friendly working environment.

Adam - The best thing about working at NBS was the friendliness of everyone within the business! From the first day of working there, all departments and branch staff I worked with were welcoming and supportive. I felt comfortable asking about things I was unsure about as I was made to feel welcome and it was a very friendly environment. Additionally, I was given a good level of responsibility and I worked on two projects, one of which I led.

What do you think you have learnt on your placement that you couldn’t have learnt at university?

Hannah - I have learnt numerous things, such as how to adapt to working in an ‘office based culture’ and creating working relationships with fellow colleagues. I also had the opportunity to witness how meetings are conducted, worked in a team with other colleagues when completing tasks and worked independently on HR Administration projects, seeing them through from beginning to end. I am confident that I can apply all of these skills and experiences to my future career and degree.

I had the opportunity to visit Student Fairs and spoke to other students who were interested in a placement role. I also attended a two day course on management training which I considered beneficial and really useful for my future career.

I also had to be more disciplined in everyday life when working full time and I have become much more organised as a result.

When I go back to University and start my dissertation, I am hoping to incorporate what I have learned during my placement year and focus my dissertation subject on aspects on Newcastle Building Society.

Chelsea - I have learnt how to apply what I have learnt at University in real life and I had gained some practical experience.

Marion - As I was a Service Desk Technician, I have learnt to be more organised and prioritise workload. I think I couldn’t have learnt at university the network structure of the computer network of a building society because at university, it is all small to medium scale simulation and not like NBS’ full size real network.

Charlotte - Working from 9-5 has taught me to work for long periods of time without losing concentration or motivation! It gave me experience in an office environment which I would not have learnt at university. I felt prepared to apply for graduate jobs as I have relevant experience to discuss in interviews, it also helped me realise what area I want to work in once I graduate.

Adam - At University, you are taught about theories although you never really get a chance to see how they are applied. However since being on the placement, I had been able to see things which I have learnt at university be put into practise and how the business incorporates things, such as marketing tools, into their daily tasks. Additionally, I’d been able to get the experience of working in a full-time job with set working hours.

What advice would you give to someone who was considering applying for a placement with Newcastle Building Society?

Hannah - The advice I would give to someone when applying for a placement at NBS is to do your research on the business and be aware of what NBS has to offer and in order to understand if the company suits your preferences. Be aware that a placement is a year long and can be hard work but also rewarding as it helps build your confidence and work ethic hugely.

Make sure you are aware of what you can gain from a placement and have an insight and what you want to gain from the year. Speak to career advisers or your University tutor as they can provide an opinion on what they think would suit your career path.

Chelsea - I would say that it is definitely worth applying for and to make sure they take the time to do it.

Marion - I would advise them to go for it and if they got an offer I would say to grab it straight away because I believe they would learn a lot and would enjoy their time with NBS.

Charlotte - Research the area you are applying for, keep up to date and be aware of news and events that affect the financial services industry and your specific business area.

Research the company before you apply and think of specific reasons why you want to work for Newcastle Building Society. It is a mutual society and is run entirely for the benefit of the members; students should share this mindset and want to achieve the best outcomes for customers irrespective of the area you are applying for.

Adam - I felt it was a great place to work. The staff were friendly and the tasks I had been given were rewarding. There were several benefits from working there – other than the experience and pay, you can receive discounts on events and there are many opportunities within the business. The role of the placement is very diverse – you could be making posters for branches or setting up events for 3rd parties.

If you’re going to apply, try and do something that will make yourself stand out from others but most importantly, be yourself.