Final-year students clamour to join profession
Applications for graduate jobs in accountancy have soared, with more than one in 10 final-year students now attempting to enter the profession, according to research.
Applications for graduate jobs in accountancy have soared, with more than one in 10 final-year students now attempting to enter the profession, according to research.
Link: Workplace issues
A survey of 16,000 members of the ‘class of 2004’ by High Fliers Research revealed 11% more had applied for a job in the profession this year than last.
KPMG said 2004 could be a new high-water mark. Ruth Stokes, head of graduate recruitment with the Big Four firm, said: ‘We have had over 8,000 applications so far, which is a record. A lot has been done over the last two years to shed the illusion – the traditional view of accountancy – as boring and dull. The calibre of applicant has increased too.’
The UK graduate careers survey found that the proportion of graduates applying for jobs in accountancy also rose, up a percentage point in the last year to 10.1%, making it the sixth most popular sector. Media, the favourite, got 11.8% of applications. The upsurge in aspiring accountants has happily coincided with an increase in openings.
Sarah Shillingford, partner in charge of graduate recruitment at Deloitte, said: ‘Because of the growth and the prospects of the firm we are offering 30% more graduate roles this year.’ Applications are expected to top last year?s figure of over 10,000, she added.
The numbers you crunch tell a story. Your expertis...
20yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThe Bank of England has appointed Ernst and Young LLP (EY) as its external auditor from the financial year ending 28 February 2025. Read More...
View articleThis follows an investigation into undisclosed personal loans and issues with an acquisition. Despite challenges, the company aims to achieve £1bn in ...
View articlePwC's decision to delay promotions in its graduate scheme, affecting around 100 graduates, is a response to reduced client demand and the aftermath of...
View articleTraditionally, audit schedules have been prepared manually, consuming significant time and resources. However, with the advancements in Artificial Int...
View articleThe FRC is promoting initiatives to foster a more competitive market, following recent high-profile accounting scandals. Read More...
View articleOn January 27, it was reported EY had quit as auditor to Asda amid one of its senior partners starting a romantic relationship with billionaire chief ...
View articleDespite the increased interest in AI and ML, only 12% of respondents indicate their organisations have adopted AI and ML within their audit functions....
View articleAs the government's independent investigation progresses, it is hoped that a clearer picture will emerge, leading to meaningful reforms within the aud...
View article