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Will most of the class of 2011 become accountants?

Will most of the class of 2011 become accountants?

The class of 2011 might be interested to learn that accountancy firms currently top the list of graduate recruiters, according to High Fliers Research, a market research company.

The largest graduate recruiters are PwC, Deloitte and KPMG each of which recruiters between 900 and 1,200 graduates per year.

PwC’s head of student recruitment, Richard Irwin, said he’d seen a massive increase in the number of early applications to the firm this year as students want to be first in line for new opportunities. In addition to this year’s leavers, there is also a pool of returning graduates from 2009 who are still seeking employment and this has led to increased competition. PwC still has 600 graduate vacancies but hopes to have them filled by April.

There is a 12.6% increase in graduate opportunities this year compared to 2010 but larger recruiters are still offering 6% fewer vacancies than they did in 2007. This will disappoint university leavers as this year there are 50,000 more graduates leaving university than there were 4 years ago.

Elizabeth Ewen, the head of talent at recruitment giant Michael Page International, says that qualifications alone will not be enough to secure a graduate role and university leavers should make sure they possess employability skills as well.

This is backed up by the findings of the High Fliers Research that showed that many organisations will not consider even the brightest graduates unless they possess relevant work experience.

Meanwhile, Robert Half’s Salary Guides have revealed the top finance and accounting jobs for this year. In commerce and industry, financial accountants and analysts are up at the top, along with credit controllers, financial controllers and assistant accountants. Purchase ledger clerks could also find prospects look promising.

For people who yearn for the City life of financial services and banking, regulatory accountants and internal auditors come out tops along with financial planning analysts. Assistant management accountants and client services also feature in Robert Half’s Top 11 jobs.

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Image: Graduation Cake Guy by CarbonNYC

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