Finance roles top graduate recruitment

Financial roles are going to dominate the graduate market in 2015 as recruitment activity continues to pick up.

High Fliers' latest research into graduate recruitment has found that professional services and accounting companies are planning to offer more than 4,600 jobs placements over the next 12 months, demonstrating the resilience in the sector.

This puts it well ahead of the public sector, which has 3,771 vacancies, with investment banking in third place with 1,820 vacancies.

PwC (1,570 vacancies) and Deloitte (1,100 vacancies) are set to be the second and third largest individual recruiters across the year, as highly-skilled finance professionals continue to be in demand.

The importance of work experience is underlined by the fact nearly 30 per cent of these recruits will come from people who have already worked for the firm through a paid internship, industrial placement or vacation work.

Recruiters have also emphasised the value of work placements - nearly half said graduates with no experience will struggle to get through the selection process for graduate programmes.

Graduate starting salaries at the UK's leading graduate employers are expected to reach a median of £30,000 in 2015, marking the second annual increase in a row and the first time that level has been reached.

Managing director of High Fliers Research Martin Birchall is glad to see that recent university leavers can look forward to the "most buoyant graduate job market for over a decade".

Employers in nine out of 13 major employment areas plan to take on more graduates in 2015 than in the previous year, demonstrating that a broad-based recovery is now firmly under way.

Universities minister Greg Clark said: "Confidence in the economy continues to grow, and this is reflected in the fact that Britain's top companies will recruit more graduates this year than they have for a decade."