UK
Company: Grant Thornton
This is where you can still get a summer internship in financial services for 2012
Unbelievably, there are still some summer internships in accountancy and insurance left. Predictably, they’re all at small firms and they all close soon. If you’re still looking for an internship related to financial services for 2012, you might want to try here: Allianz Internship Area – Insurance Location – UK (city not specified) Deadline – Not [...]
Go back to being an accountant
Accountants are suffering, but they’re suffering less. If you’re a former accountant-turned-banker, now may therefore be the time to retrace your steps. According to the Accountancy Age ranking of the UK’s top 50 accounting firms, all but two had positive revenue growth in 2008. This is not to say that accountancy firms haven’t been suffering. [...]
Would you be better off with the Big Four?
As anyone with a passing relationship with reality knows, investment banks are in the process of unloading many of the staff they acquired over the past five years. Accountancy firms, however, are still a) hiring, and b) making money. Last week, Deloitte said revenues will be up 11% this year, thanks to all the ‘downturn [...]
The waning appeal of private equity
Not long ago, it was the career of choice for the young and upwardly mobile. How quickly things change. “This industry tends to attract bright, ambitious, entrepreneurial people,” a principal at one leading US fund tells us. “As they sense the ultimate end-game is getting further away, you will see more of these people leaving [...]
More junior private equity roles but more competition
Burgeoning funds and the use of auctions to allocate deals are encouraging mid-market private equity firms to increase their intake of juniors. But recruiters say it’s as hard as ever to land a job. “Junior private equity roles are up 15%-20% on last year,” says James West, head of the private equity and venture capital [...]
Testing time for corporate financiers
To what extent are qualifications necessary to practise a profession? Is it enough to be experienced or should knowledge be benchmarked in the form of exam passes? Corporate financiers are the latest to face this conundrum. As proof of their status, seasoned M&A bankers have pointed to their collection of trophies handed out on completion [...]
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