In describing "what it's really like out there" I find that students just starting out in our program at Flashpoint Academy are frequently skeptical of everything faculty conveys to them about the realities of working as a game developer today (even with our accumulated 70 years of working in the field).
Industry visitors from nearby studios definitely help us out in this regard, but this article provides some really great examples of experiences by a few developers: a programmer, an artist, and a designer really do a nice job of fleshing out a typical day.
Here's the article from CareerGameGuide.com you should check out!
Here's the start of the article:
8:45 AM I arrive at work and head to my office. At High Moon Studios, most programmers don't actually work in their offices. We work in open space areas, sitting next to designers, artists, and animators. My office is where I drop my stuff, check my email, and make phone calls. I share a large office with five other people, but only spend about 30 minutes a day in there so we are rarely there at the same time."