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Goldman Sachs offering 250 graduate jobs
Friday, 05 December 2008
Professional & financial services
Global investment firm Goldman Sachs will defy the global banking crisis by hiring 250 new analysts, it has been reported.
According to the Times, the US firm managed to increase its profits despite last year's sub-prime mortgage fall-out in the US and will be retaining existing recruitment levels in 2009.
Those seeking graduate jobs in the City of London may be interested to know that Goldman Sachs employs 5,000 staff in the capital across its investment banking, securities and investment management arms.
Salaries are undisclosed for graduate starters, according to the Times, although first-year wages are thought to be in the range of £35,000 to £40,000 per annum.
It is reported that the top investment firms can expect up to 100 applications per entry position, with the banking crisis heightening the demand for banking jobs.
Last week, HSBC announced it would also be keeping hiring levels the same in 2009, taking on around 300 university-leavers onto its UK graduate training scheme.