Thanks to my colleague Deborah Fowlis for this great introduction to KTPs
If you’d like to work for a local company and manage your own projects while earning a competitive graduate salary, a Knowledge Transfer Partnership (KTP) may be for you.
What are Knowledge Transfer Partnerships?
The KTP scheme is one of the UKs largest graduate employment programmes and one of the longest running. It helps business to innovate and grow by providing three-way collaboration between universities, organisations and graduates.
Businesses link up with an academic or research institution, which then help to recruit a suitably qualified graduate, known as a KTP Associate. Employed by the university, the associate then works for the company on strategic projects, helping to improve business performance and increase productivity. As a KTP associate, the type of work you carry out depends on your qualifications and the company that you work for, but as an example, KTP projects could include:
- reorganising production facilities
- introducing new technologies to an organisation
- designing new or improved products, processes or services
- developing new business strategies and breaking into new markets.
With over 300 job opportunities available every year, the scheme can take from 12 months to three years to complete. Upon completion, around 70% of employers offer associates a full-time job, usually in a management role.
What sectors can I work in?
KTPs are primarily aimed at small to medium sized enterprises (SMEs) but companies of all sizes, including not-for-profit organisations in a variety of industries can take part in the programme. You could work a wide range of industries, those particularly of interest to physicists and astronomers are:
- engineering and manufacturing
- science and pharmaceuticals
- environment and agriculture
- energy and utilities
- business, consulting and management
What are the benefits of a KTP?
- experience of managing a challenging, real-life project of vital importance to a business
- opportunities to gain professional qualifications – often business related
- a competitive graduate salary, usually in region of £25,000 to £35,000.
- the possibility of full-time employment at the end of the project
- access to a budget of £2,000 per year for training, £2,250 for travel and a further £1,500 for necessary equipment.
Am I eligible?
To be eligible for the KTP scheme graduates need a 2:1 Bachelors degree in a relevant subject or a Masters or PhD. You’ll also need the right to work in the UK.
To find vacancies online head to Innovate UK. Here you’ll be able to register your interest in the programme, create a profile so recruiters can find you and search current vacancies.