Recruitment narrowing in economic slowdown

Recruitment narrowing in economic slowdown Graduates with their eye on a particular financial career may have to consider alternatives as the economic downturn continues.

According to experts, the current economic climate could place limitations on graduate recruitment in the coming year.

Gordon Chesterman, the head of the University of Cambridge careers service, told the Daily Telegraph he believed graduate recruitment numbers at financial services companies may have been lower if contacts had not already been confirmed with students.

"None of the big banks will dare say they are not recruiting for 2009, but I suspect numbers will be heavily cut, especially in mergers and acquisitions, the sexy department most graduates want to join," he said.

Fiona Sandford, the director of the careers service at the London School of Economics, predicted that graduates would only stand a chance of getting into mergers and acquisitions if they "speak German or Arabic or are prepared to work in Dubai".

However, numbers at Pareto for graduate finance roles are still boyent with some clients such as Barclays and Alliance and Leicester still recruiting in large numbers through Pareto's assessment process.

Pareto - Graduate Banking Sales Jobs with the UK's financial organisations companies earning up to £35k OTE
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