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Top firms 'struggling to fill graduate schemes with best talent'

Published: Friday, 03 September 2010   Category: Banking and Finance

The 'big four' accountancy firms are doubling their graduate placement numbers due to difficulties in securing high-quality candidates.

That is the view of Soraya Janmohamed, head of graduate recruitment at FreshMinds Talent, who told Recruiter that major companies are looking to snap up the top five per cent of graduates.

However, she noted that there are now fewer applicants of this standard as university leavers are reluctant to go for jobs which they believe are unrealistic targets in the current market.

"Because of scaremongering in the media, graduates are terrified about entering the jobs market and have gone straight into studying a Masters without gaining commercial experience like an internship," she said in an interview with the news provider.

"If you only have academic qualifications without commercial experience, you will struggle."

Ms Janmohamed's comments come after prominent IT training and services provider FDM Group revealed that it will double the number of graduates it takes on this year.

Marketing manager Nabila Salem told ComputerWorld UK that 500 university leavers will be recruited in 2010, compared to 245 in the previous 12-month period.

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