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Leading professional services firms have already been swamped with graduate applications for 2012.

Ernst & Young has received more than 3,200 applications for fewer than 800 jobs; in practice, and allowing for interns from summer 2011 already offered positions, there are only between 480 and 560 jobs available.

At KPMG they have received 7,200 applications for 850 jobs between 1st July and 1st November. By comparison last years applicants for the same period were 4,500.

PwC, which says that it is seeking to hire 1,200 graduates, has said that applications have risen by 90% and Deloitte has indicated that it has experienced a similar increase in applications.

source: The Times

Have you been busy applying for graduate jobs in banking and financial services? What level of response have you received? I have feedback that suggests the number of actual vacancies is far less than might be expected from the corporate websites.

I’m told that one investment bank has already recruited 90% of the planned 2012 graduate intake from this years Summer interns. Continue Reading »

Professional services firm KPMG will recruit about 75,000 graduates worldwide over the next three years, representing a 25% increase in the firm’s historical resourcing target.

The global member firm network has identified a need to take on about 250,000 new hires over the next five years, and graduate recruitment plays an essential role in meeting the firm’s long-term global growth strategy. New hires will be integrated into all of KPMG’s functional areas – audit, tax, advisory, and internal firm services. Continue Reading »

Ambitious young graduates would do well to seek a career in finance to act as a springboard to land top jobs on Britain’s boards.

Clive Davis, director at finance staffing specialist Robert Half, was highlighting his firm’s latest research, which shows 49% of serving chief executives in the current FTSE 100 Index have financial backgrounds, up from just 31% in 2008. Continue Reading »