This dissertation takes an exploratory perspective towards work meetings in which a group of future teachers and their teacher educator participate. These meetings happen in the context of the Institutional Grants Program for Initial Teacher Education (PIBID|CAPES), which started in 2007 as a federal government encouragement of initial teacher education. Oriented by the principles of Exploratory Practice, this research is qualitative in nature and was developed within a participatory and collaborative paradigm. In its search for understandings about teacher education and due to its interest in studying the discourse of socio-historically-situated meetings, this interdisciplinary Applied Linguistics research also relies on concepts of Interactional Sociolinguistics and Conversation Analysis to provide deeper understanding of what is happening in the interactions between participants. The data selected for analysis were the audio-recordings of two meetings: one among undergraduates and the other in the presence of their teacher educator and were analyzed in order to understand and reflect on the beliefs and issues that emerge in the discourse of future teachers and in their identities, as constructed in their combined roles of undergraduate students, grantees and future teachers. The understandings generated by this interpretative study point to the interactional construction of identities, as participants discuss their beliefs and issues about life inside and outside the classroom. This group s belief system resembles and distances itself from that of the teacher-researcher, both as a former undergraduate and as a novice teacher. The current investigative reflection contributed by generating greater intelligibility about emerging themes in initial teacher education. It was possible to reach relevant understandings about the discourse of initial teachers and to problematize the influence of this discourse on the quality of life of the classrooms where these future teachers will work.