PwC has received record levels of interest for its graduate roles, with applications more than tripling since the start of the financial crisis in 2008.
Across all student programmes, the financial services firm received almost 36,000 applications for more than 1,700 places, split by 1,100 graduate, 120 school leaver and almost 500 paid internship opportunities, which includes female partner shadowing and work placements.
In its consulting practice alone PwC received 37 applications for each vacancy. This signals a 39% rise in applications to the consulting graduate schemes since last year, and a 600% increase since 2008.
Increasing number of places
In recognition of the strong demand for graduate jobs, and to meet business growth plans, PwC has increased the number of graduate places by c. 17%.
To meet growing demand from students, PwC has also tripled the number of degree programmes it sponsors with the ICAEW. This accelerated route to accountancy qualification pays students for around 12 months of work experience as part of their degree course.
Gaenor Bagley, head of people at PwC, said: ‘professional and business services now accounts for 11% of the UK economy, and there’s no doubt that the growth and profile of the sector has fuelled the sustained increase in interest in joining the firm. The industry needs a strong pipeline of talent to achieve the growth rates predicted for this sector, and I’ve no doubt that PwC’s investment, throughout the downturn, is paying off and will positively impact our firm’s growth plans.’
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