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Graduate Finance Jobs Lead The Recovery

30 Jun 2010

Graduate Finance Jobs Lead The Recovery Graduate finance jobs in London and other parts of the country are helping the job recovery according to a new survey by High Fliers.

The survey of 100 big graduate employers in the UK shows that they have lifted the number of graduate jobs recruited for by almost 18 per cent across all sectors. The graduate job numbers at the companies surveyed have risen from less than 14,000 last year to over 16,000 in 2010.

This all means that over half of the graduate job vacancies that were cut over the previous two years have now been recovered. Also, the average starting salary for graduates has increased from £27,000 last year to £29,000 this year.

Of the 14 sectors categorised by the survey, 11 are taking on more graduates in 2010 than they did in 2009. There is also further encouragement for the outlook next year as half of the companies said they expected to keep graduate recruitment the same next year and one in five actually predicting a rise in their graduate job numbers.

It was in the graduate finance job sector, however, where the biggest gains in both vacancies and salaries came. Graduate job vacancies in accountancy, banking and investment banking have all risen by a third with accountancy placing nearly 4,000 graduates in jobs at the hundred companies. Starting salaries for graduate positions in investment banking are up from £38,000 to £42,000.

Managing director of High Fliers, Martin Birchall, said: “With a record number of students graduating from UK universities over the next few weeks, it’s great news that Britain’s best-known and most sought-after employers have stepped-up their graduate recruitment.”

The picture is all starting to look a bit brighter in the graduate job world – and in the graduate finance job sector in particular, isn’t it? Why don’t you see what finance jobs for graduates we now have available? We have dedicated finance job pages for most major cities and towns in the UK. If you are interested in the City then check out our London Graduate Finance Jobs page now.

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