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Graduate Positions - How is it going?

 
#1 Graduate Positions - How is it going?
14/01/2009 20:01

Richard

A quick question to all those graduates out there who are looking for positions - how is it going? Are you getting interviews? Are all the companies you are applying to actively recruiting? What is the general mood on campus?

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#2 RE: Graduate Positions - How is it going?
14/01/2009 21:32

A. Human to Richard (#1)

This: http://www.independent.co.uk/news/education/education-news/panic-on-the-campus-as-graduate-jobs-disappear-1334244.html

Pretty much sums it up.

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#3 RE: Graduate Positions - How is it going?
14/01/2009 21:52

H to A. Human (#2)

I know many of my friends are struggling to get interviews and due to the intense competition, there always seems to be someone better. I had problems for months as well but just recently got an offer from a boutique consulting firm with a very good package - so it is still possible. Hang in there but network and if you just graduated let your uni help you.

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#4 RE: Graduate Positions - How is it going?
15/01/2009 09:22

bob to H (#3)

in the FT yesterday they mentioned Grad jobs in the city had fallen by 65% from this time last year..

It's a tough market right now, and will remain so until summer I imagine.

I have been to a few interviews and have a start date in jan 2010, which is 6 months after graduating.

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#5 RE: Graduate Positions - How is it going?
15/01/2009 10:49

Tough Times to Richard (#1)

Even if you do get in, there are no guarantees. My firm recently made redundant several new analysts.

The worst part is that it is too late in the recruitment cycle to re-apply.

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#6 RE: Graduate Positions - How is it going?
15/01/2009 11:44

K to Tough Times (#5)

I think it will be later than the summer. Have a look at all the people being let go and who will be made redundant in the coming months, in addition to the current graduates with no jobs and the coming graduates - this will accumulate to ~3million people in the UK alone. This will take a lot longer to resolve than the summer. :(

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#7 RE: Graduate Positions - How is it going?
15/01/2009 11:56

bob to K (#6)

what about abroad, has anyone considered this option and if so what country?

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#8 RE: Graduate Positions - How is it going?
15/01/2009 13:17

Bob to bob (#7)

I hear they'll be looking for people with construction skills in Gaza...

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#9 RE: Graduate Positions - How is it going?
27/01/2009 13:21

johnsmith to Bob (#8)

Do you know how London is called these days? It's called "Reykjavik on Thames".

Britain may well be the next one to follow Iceland into state bankruptcy. So you may have to lower your expectations.

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#10 RE: Graduate Positions - How is it going?
27/01/2009 13:43

worried grad to johnsmith (#9)

But what are our options? Do you think New York is faring better than London?

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#11 RE: Graduate Positions - How is it going?
27/01/2009 13:44

news to johnsmith (#9)

"Do you know how London is called these days? It's called "Reykjavik on Thames". "

Considered analysis or inane media scaremongering regurgitation?

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#12 RE: Graduate Positions - How is it going?
28/01/2009 13:05

mike to news (#11)

Here are the gross external debt figures as of Q2 2008 as reported to the world bank (http://www.jedh.org/jedh_dbase.html). All figures are in dollars.

France 5,492,425,000,000

Germany 5,748,837,500,000

Italy 2,776,678,750,000

UK 11,469,870,000,000

USA 13,703,567,000,000

At first sight the UK would appear to have a disproportionately high level of external debt relative to the size of its economy compared to the others. Whilst this is mostly a reflection of the nature of the UK economy which is heavily orientated towards finance there is undoubtedly a possible danger in such exposure.

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#13 RE: Graduate Positions - How is it going?
28/01/2009 13:38

Casio to mike (#12)

All of these terrifying charts and graphs ignore one fundamental thing:

A great deal of UK debt is not an illiquid new motorway or money down the pan but equity in huge financial institutions. I anticipate the value of these equity positions to rise and be liquidated within the next 5-10 years.

Perhaps our debt will still be proportionatly high, but not so high as these Daily Mail articles suggest.

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#14 RE: Graduate Positions - How is it going?
01/02/2009 19:42

Bill Davis to Richard (#1)

These guys are hiring, but only in North America and Japan. Look for any consultancy that is into health care, government or utilities, because they are still seeing work.

A particular cost-cutting focus is good, as this end of consultancy usually experiences much better revenues in a downturn.

http://www.trindent.com

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