In the past, most MBA graduates have chosen to become consultants in professional services firms or to work in banking after completing their education. However, this trend is changing.
With fintechs on the rise, students find them appealing; they are able to work in a fast-moving, innovative environment and see the results of their efforts - something they can’t often experience in the world of consulting.
Banks are no longer worried about Britain leaving the EU, according to London-based finance headhunting firm Robert Walters. The recruiter stated that the banks are on a hiring spree across the UK, and this has prompted the company’s net fees to increase by 27 per cent in the first three months of 2017.
CEO, Robert Walters, stated that banks are positive about the UK now and are showing signs of commitment. They are looking for staff in specialised fields, such as investment management, cyber security, compliance and change management. There appears to be a great demand for specialists in these fields.
A London-based IT services company has introduced gamification to help make its recruitment process more enjoyable for graduates.
FDM is looking to increase candidate diversity and make its graduate testing process more engaging with the introduction of Yellow Hook Reef, an assessment game by global game technology provider Arctic Shores.
Ten of London’s leading education technology companies have teamed up to launch London EdTech Week.
British Educational Suppliers Association (BESA), EdtechXGlobal, EdTech Exchange and Google for Education are amongst the organisations that will be launching the event, which is set to take place from 19th to 23rd June 2017.
New figures from the Office for National Statistics (ONS) have revealed the average earnings for jobs across the UK.
The ONS surveyed 21,563,000 people in the UK to calculate the salaries of over 400 jobs, with roles such as chief executives, sales accounts and business development managers being amongst the highest-paid positions.
The Institute for Public Policy Research (IPPR) is calling for more support for disadvantaged graduates to enable them to have better access to internships.
A report from the think tank, titled The Inbetweeners: The New Role of Internships in the Graduate Labour Market, found that whilst there are as many as 70,000 internships on offer, many of the positions do not offer meaningful learning opportunities.
Business optimism has reached a record high globally, with the US in particular experiencing a surge at 80 per cent, according to the International Business Report from professional services network Grant Thornton.
The report surveyed 2,400 businesses in 36 economies and found that business optimism has risen to its highest level going into the second quarter of 2017.
London has been named as the world’s strongest fintech hub in a report from professional services and Big Four company Deloitte and trade body Innovate Finance.
The Connecting Global Fintech Hub Review 2017 analysed 44 fintech centres worldwide on factors such as technical expertise, regulatory framework and government support, with London scoring highly in all of the areas.
SMEs and mid-market businesses in the UK are feeling more ambitious than they did a year ago, according to the Ambition Index Report, which was produced by Lloyds Bank National Business Awards.
The report, which revealed how businesses are feeling about ambition, talent, Brexit and the challenges that they are facing, found that 45 per cent of businesses are feeling ambitious, despite concerns over Brexit, Article 50 and a weaker pound.
Small and medium-sized enterprises (SMEs) in the UK have increased their growth projections, according to a report from Capital Economics for Amazon and entrepreneur network Enterprise Nation.
The report showed that the UK’s SMEs are now predicting a 2.3 per cent growth in revenue in the next 12 months, with small businesses in the financial services sector being found to be the most positive, predicting a growth of 3.1 per cent over the next year.