Big four amongst top grad employers: GradAustralia
Despite being implicated by the Royal Commission, banking institutions have retained their appeal as prospective employers for recent graduates, according to GradAustralia’s Top 100 Graduate Employer survey.
Commonwealth Bank sat in tenth position overall, but was the top banking organisation on the list, followed by ANZ (number 19 overall), JP Morgan (number 22), Goldman Sachs (number 24) and Macquarie Group (number 27).
Current employers at CBA praised the bank’s support of support of LGBTI employees, women in leadership, age diversity and cultural diversity, and past students now employed by the top five banks on the list praised them for offering exposure to global financial networks.
AMP’s reputation may have taken a hit though, with the bank now sitting at number 85 for graduate employment, preceded by UBS Bank and followed by SunCorp Group. Westpac Group sat at number 34.
“The results of the survey show that businesses that understand the priorities of current students, and make a concerted effort to meet them, will be rewarded with enthusiastic graduate applications,” said Geoff Adams, co-founder of GradAustralia.
“The top five banking employers have earned their rankings through a commitment to diversity and career development.”
Recommended for you
It can be extremely hard to realise the gains from financial advice M&A, according to Peloton Partners’ Rob Jones, and more could be gained from firms looking inward at their own practice.
With platforms reporting their quarterly results, there is a clear divide in the adviser markets they are targeting, according to platform specialist Recep Peker, and which would be right for your clients.
The Federal Court has imposed a $10 million penalty on Macquarie Bank for failing to prevent and control unauthorised fee transactions by third parties including financial advisers.
A financial advice firm has seen a weekly decline of 10 advisers, with all moving to a new licensee, while Centrepoint Alliance continues its “growth story”.
