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‘Graduate vacancies to rise 25%’

The finance sector is expected to see a 25 per cent rise in vacancies for graduates this year, according to a survey by the Association of Graduate Recruiters.

The survey of 214 AGR members found that financial serv ices would see a 25 per cent inc-rease while investment banks and fund management groups in particular would see a 16 per cent rise.

In 2009, investment banks and fund managers topped the table for the highest paid graduate jobs, with a salary average of £38,250, above law firms, where graduates were paid on average £35,000. This compares with the overall average salary for graduates in 2009 of £25,000, remaining static from 2008. AGR members say £25,000 will be the average graduate salary this year.

The recruiters recommend that graduates looking to imp-rove employability through temporary work, unpaid work or skills training rather than emb-arking on post-graduate study unless they have serious academic aspirations.

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  1. It’s so refreshing to see an article actually talking about prospects for graduates as anything other than one long acid bath. I’m a little tired of seeing those kinds of articles, being realistic is one thing but unrelenting doom and gloom is something else entirely. Graduates do not need to be told that the situation is hopeless because it is not. They do need to show patience, perseverence and dedication. And if they’ve got the degree, they’re already familar with all three.

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