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Annual review of graduate vacancies & starting salaries at Britain’s leading employers - page 6 / 38

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The Graduate Market in 2011

More than four-fifths of top employers have maintained or increased their graduate recruitment budgets for the 2010-2011 recruitment round and just one in ten organisations has decreased their spending considerably this year.

The majority of employers have been actively marketing their 2011 graduate vacancies at between 10 and 20 universities in the UK, using a variety of university careers fairs, campus recruitment presentations and local advertising.

T h e f i v e u n i v e r s i t i e s m o s t - o f t e n t a r g e t e d b y B r i t a i n s t o p g r a d u a t e e m p l o y e r s i n 2 0 1 0 - 2 0 1 1 a r e C a m b r i d g e , W a r w i c k , M a n c h e s t e r , L o n d o n ( i n c l u d i n g I m p e r i a l C o l l e g e , U n i v e r s i t y C o l l e g e a n d t h e L o n d o n S c h o o l o f E c o n o m i c s ) a n d O x f o r d .

H a l f o f e m p l o y e r s s a i d t h e y h a d r e c e i v e d m o r e c o m p l e t e d g r a d u a t e j o b a p p l i c a t i o n s d u r i n g t h e e a r l y p a r t o f t h e r e c r u i t m e n t s e a s o n t h a n t h e y h a d l a s t y e a r . O n a v e r a g e , e m p l o y e r s r e c e i v e d 4 5 a p p l i c a t i o n s p e r g r a d u a t e v a c a n c y i n 2 0 1 0 .

Almost all of the UK’s leading graduate employers are offering work experience programmes for students and recent graduates during the 2010-2011 academic year – a total of 10,665 places are available.

Three-fifths of employers are providing industrial placements for undergraduates (typically for 6-12 months) or vacation work lasting more than three weeks.

Nearly two-thirds of recruiters warn that graduates who have had no previous work experience at all are unlikely to be successful during the selection process and have little or no chance of receiving a job offer for their organisations’ graduate programmes.

At least half the entry-level vacancies advertised this year by City investment banks and the leading law firms are likely to be filled by graduates who have already completed work experience with the employer.

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