SPECIAL FEATURE
A booming career
Banking may have had a bad press of late but it’s a booming industry and an attractive prospective career for graduates. Rhian Morgan looks at how to break into this competitive sector and offers tips for making it through the gruelling assessment centre process
bucking the trend, topping the list of employers with the largest number of vacancies for graduates. It is a trend that has seen an 11.5 per cent increase in graduate vacancies since 2007, against the gloomier figure of -6 per cent on average (The Graduate Market 2012 report).
W The banking industry has had to adapt
to an ever-changing world. Although, with the advent of online banking, there are fewer actual branches on the high street, now even major supermarkets are getting in on the act offering insurance, credit cards and other financial services. Graduates on trainee courses can jump the queue when it comes to promotion often starting out as bank managers. But as customer service is still deemed a priority, successful applicants will have shown that not only can they ‘do the math’ – they are also likely to have the same skillset shared by HR managers and sales people.
hile the media paints a gloomy picture for young jobseekers, the banking industry is actually
The lure of a secure, well-paid job in
this financial climate means the industry has become highly competitive, with high-street banks reporting that graduate applications have risen by a fifth in the past year alone.
“Assessment days are
designed to look at students’ ability to handle pressure over a sustained period of time, so students focus on the task at hand throughout the day”
So how do you forge ahead of the competition?
The good news is that the retail banking sector is exible when it comes to what
Summer 2012 |
GradJobs.co.uk | 11
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