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Sector: Graduates & Internships
A short guide to trial numerical tests
If you’re applying to work in an investment bank, you’ve probably already encountered the numerical test. Most banks use these tests as an initial filter to eliminate inappropriate candidates; they’re important: if you don’t do well, your application will be dumped. It’s therefore in your interest to excel. And in order to excel you ought [...]
Irish banks are hiring graduates again
The three-year graduate recruitment hiatus within Ireland’s domestic banks is over. Well, kind of. Bank of Ireland has formally restarted its graduate programme again this year, in Dublin, Belfast and London, while we understand that AIB has been hiring under the radar for its capital markets division. BoI is still hiring grads and tells us [...]
Five countries which would gladly accept applications from Irish financial services professionals
It’s official: Ireland’s emigration problems are worse than during the 1980s. An unprecedented 1,000 people are leaving every week, and a net 100,000 people are tipped by the Economic and Social Research Institute to have left the Emerald Isle by 2012. Among these are likely to be the new legions of unemployed coming out of [...]
Financial services professionals in Ireland facing two years without a pay rise
This shouldn’t come as a huge surprise in these austere times, but the vast majority financial services professionals in Ireland received no salary increases in 2010, and 2011 is already tipped to be another belt-tightening year for the industry. Recruiter Morgan McKinley has unveiled its 2011 salary survey, and financial services pay packets in Ireland [...]
Irish financial services: What was hot, and what was not, in 2010?
With the Irish government eventually accepting a humbling €85bn rescue package from the EU-IMF in November to support its stricken banking sector, it’s safe to say that – generally speaking – 2010 has been something of a bleak year. Employment prospects now look decidedly shakier in the domestic institutions, leading some to make broad brush [...]
Rumours of a graduate exodus from Ireland may have been exaggerated
With the gloom surrounding Ireland’s banking sector, and the cancellation of their graduate programmes for the third consecutive year, it’s easy to assume the best option would be to look for opportunities overseas. However, the reality is that the vast majority of students stay close to home. In what could be construed as kicking the [...]
EDITOR’S TAKE: Let’s not forget that the original bank rescue was entirely necessary
Hindsight is a wonderful thing, of course, but with the Irish public riding on the crest of a wave of anti-politician and anti-banker sentiment, it’s worth taking a moment to reflect on why the government felt the need to intervene in the first place. In September 2008, when Ireland’s ridiculously inflated property bubble finally burst, [...]
€30k and a stable career move seems like a good option for Irish grads currently
The Irish Central Bank’s 150-strong recruitment spree has been something of a shining light in an otherwise bleak financial services hiring market, and this is also the case with its graduate intake. The regulator is one of the few financial institutions significantly recruiting graduates this year, with 60 places on a starting salary of €30k [...]
30% of Irish financial services firms intend to raise salaries
If the prospect of a pay rise in the Irish financial sector last year seemed like an implausible ambition, it’s not entirely beyond the realms of possibility in 2010. Nearly 30% of financial services employers in Ireland surveyed by recruiters Premier Group expect to raise salaries by as much as 10% this year. Don’t get [...]
GUEST COMMENT: It’s time to strip the fear out of Irish financial services professionals
As the financial crisis really took hold in Ireland towards the end of 2008, financial services professionals understandably hunkered down and attempted to weather the storm. The situation in 2010 is still far from rosy, but jobs are being created again. Why, then, are candidates still in such short supply? A culture of fear is [...]
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