Graduate Job News

Financial services firms are facing a graduate skills crisis, according to a new research.

KPMG, a leading provider of professional services in the UK, has produced a report, Global Skills for Graduates in Financial Services, which emphasising that current graduates entering the sector are usually technically proficient but are very often lacking in soft business skills.

The study, which also analysed similar graduate skills in India, revealed that 62 per cent of UK organisations said they experience difficulties in recruiting graduates with the correct skills.

Ian Gomes, chairman of KPMG's new and emerging markets practice, said: "Our report shows that graduates are leaving education with inspiring theoretical knowledge but lack practical job related skills.

"There is a 'soft skills gap' developing.

"The findings of our report will be used to inform joint curriculum projects in both UK and India to help address this."

The report pointed out the lack of practical job-related work experience among many new graduates.

It is hoped the report will provide direction for employers and educational bodies on how graduate skills might be better developed to meet the expectations of the financial sector.

The "soft" skills employers feel many graduates lack include teamwork, good communication, drive, energy and a "can do" attitude.

Graduate Job Salaries Lowest For Nearly A Decade
On 16-Apr-2012 under Graduate
A new report from Incomes Data Services (IDS) shows that starting wages for a graduate job this year could be at their lowest real term level for 9 years. According to the research, graduate startin read more...

John Lewis To Boost Ranks With 50 New IT Jobs
On 29-Mar-2012 under Graduate
John Lewis, the UK retailer of furniture, fashion, toys, homeware and electrics, has announced that it is looking to fill up to 50 new jobs in IT this year. At present, John Lewis has an IT team of read more...

Engineering Firm Assystem To Create 300 Derby Jobs By 2015
On 28-Mar-2012 under Graduate
The French-owned engineering company Assystem is expanding and will be creating up to 300 new jobs in Derby before 2015. Some of the engineering positions on offer will be graduate jobs in Derby and t read more...