What exactly is an Undergraduate Placement?

[george]

Hi there, to start off, I'm from England,1 6 years old and currently studying my AS levels at college, for next year I have been thinking about dropping out and finding a job, I found a job that is perfect for me but In the description it doesn't exactly tell me what qualifications and such like I'll be needing but in the title it says 'Social Media Assistant (Undergraduate Placement )' Can you explain to me what an undergraduate placement is will I need to have gone to University already?

here's a link to the job description and such like:

http://www.careers.dyson.com/jobs/job.aspx?id=4731

[Piran]

No this is for a candidate who has not taken a degree but intends to do so in the future.
UK