Chances of getting onto Finance Grad Scheme after graduating?

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JME1993
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I graduated last year - does this put me at any disadvantage when applying to grad schemes? Do employers prefer students applying during their final year?


Thanks.
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josh_v
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Id imagine that employers prefer to hire people who have recently graduated for their grad schemes. However, there are a lot of exceptions to that. Some of the people I've met moved on to a grad scheme 5 years after graduating. However, in that time they were doing relevant work experience, and the grad scheme was almost a natural progression from the job they had been doing. From my experience, most of the people im working with, it seems to be a mix of people straight out of uni, and some who have graduated a year ago.

In my case, I started my grad job 2 years after graduating. I wanted to go in to banking, and I didnt get a role in banking. I considered taking a year to reapply, but concluded that applying to grad jobs 3 years after graduation, and having done no relevant work experience in that time it was bet not to.
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woodchuck
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(Original post by JME1993)
I graduated last year - does this put me at any disadvantage when applying to grad schemes? Do employers prefer students applying during their final year?


Thanks.
I went to an assessment centre for one of the large accounting firms in February and 10 out of 12 people had already graduated. in my opinion those that graduated were stronger applicants as they'd been working full time since graduation or were doing masters degrees.

if you have decent work experience since graduating, and can show good examples of the competencies, you won't be at a disadvantage in my experience.
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JME1993
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(Original post by woodchuck)
I went to an assessment centre for one of the large accounting firms in February and 10 out of 12 people had already graduated. in my opinion those that graduated were stronger applicants as they'd been working full time since graduation or were doing masters degrees.

if you have decent work experience since graduating, and can show good examples of the competencies, you won't be at a disadvantage in my experience.
Thanks for your response. The only worry I have then, I guess, is that I've been working in a Marketing role for a year since I graduated, but am now looking to get onto a finance graduate scheme.

Will I have to explain my decision to move away from Marketing in detail?
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chester.
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I graduated with a Philosophy degree in 2012, worked for two years as an English language assistant in Madrid and then spent a year teaching primary in England before starting an ACA training contract in 2015. My lack of 'relevant' work experience wasn't a lack at all- it's all about demonstrating the skills you do have and being able to show the firms why your skills will make you a good trainee.
They teach you how to audit, they teach you how to do double entry but they can't give you good worth ethic or solid teamwork skills.
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woodchuck
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(Original post by JME1993)
Thanks for your response. The only worry I have then, I guess, is that I've been working in a Marketing role for a year since I graduated, but am now looking to get onto a finance graduate scheme.

Will I have to explain my decision to move away from Marketing in detail?
yes. you'll have to have convincing answers to why you want in finance, why you are changing to a different line of work, and knowledge of the company, among other things, though depending on the recruitment process this may only crop up in a first stage / final stage interview.
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JME1993
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(Original post by woodchuck)
yes. you'll have to have convincing answers to why you want in finance, why you are changing to a different line of work, and knowledge of the company, among other things, though depending on the recruitment process this may only crop up in a first stage / final stage interview.
Cheers. I think I've covered a lot of that in my application (in the 300 word questions such as 'What specifically attracts you to this role?')

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