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Mazars
Competitive
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As of May 2024 the average starting salary for Finance graduates is £28891. The average graduate starting salary in the UK in 2024 is £28982.
The latest graduate salary analysis 2024
During the past 12 months (2024), the most number of graduate jobs in the Finance sector were posted during September and November, so these may be the most strategic months to apply.
Based on our data, graduate-jobs.com would suggest that it's "relatively difficult" to get a graduate job in the Finance sector compared to some other industry sectors - May 2024.
In the past 12 months (2024) the most Finance jobs posted to graduate-jobs.com were located in Leeds and Birmingham
The Finance sector appears in our Top 10 most popular sectors list for UK graduates. We consider it a popular career choice for graduates in the UK .
Which are the most popular industry sectors for graduates today?
Graduates eager to go into the Finance Sector may be looking at careers in Financial Services, Corporate Finance, Public Finance and more, with a variety of organisations including Banks, Hedge Fund Management Firms, Accountancy Firms, Professional Services Organisations, Insurance Brokers and Investment Firms.
Many are based in the City or Canary Wharf, and although there are opportunities available elsewhere, graduates wanting to pursue a career in Finance should be prepared to relocate to the capital if they want to work with the big Financial institutions.
Like Accountancy, Banking and Insurance, Finance is fast-paced and highly competitive, requiring applicants to be fast learners. Candidates must be enthusiastic, energetic and dynamic, and be prepared to work hard. Competition for entry-level positions is high, as they often offer excellent salaries and pay structures. Hopeful applicants need to shine to make it through the application process.
Jobs can be varied, with different requirements depending on the position, but they all share common ground in Financial matters.
Candidates should display the following:
Many of the big Financial institutions run summer and holiday programmes to give current students or graduates the opportunity to gain insight and experience. Candidates who make a good impression may benefit from the contacts they make when employment opportunities arise down the line.
While some employers may not ask for or require it, evidence of excellent qualifications in Maths from GCSE may be an asset.
Graduates need to be sure that their covering letters and CVs are clear and concise, with no room for even the smallest errors.
Graduates can show strong interpersonal skills through previous experience involving written communications, team work or customer service.