Graduates in Australia might be as choosy as ever over their alternative of employer attributable to plenty of market elements, with consulting remaining one of the crucial standard professions for these searching for to kickstart their skilled profession.
The Large 4 accounting and consulting companies – so as, Deloitte, KPMG, Ernst & Younger and PwC – have swept the highest 4 spots on this yr’s GradConnection Top100 Graduate Employer checklist, with one in 5 of the web site’s 285,000 distinctive customers having utilized for a place at Deloitte final yr.
Know-how consulting companies Capgemini and DXC Know-how additionally featured among the many high ten hottest corporations for graduates in Australia.
Whereas it needs to be famous that the scale of the Large 4 means they have an inclination to have much more jobs up for grabs, persistent expertise shortages and file low unemployment charges additionally meant that the estimated half one million graduates could possibly be abnormally choosy of their alternative of employer final yr. Nonetheless, shut to 1 fifth additionally utilized to KPMG (which simply welcomed near 1,000 recent faces this month), whereas each Ernst & Younger and PwC attracted charges above 10 %.
“Grads are fairly fickle anyway however it’s actually vital to them that they really feel engaged,” stated GradConnection operations supervisor Rita Biankin, who added that aspirants are in search of a commonality of beliefs. “When grads meet employers, they’re taking it as a chance to interview the corporate in addition to for the corporate to interview them. They’re eager on discovering out what kind of coaching they’ll obtain or whether or not this will probably be a stagnant place.”
Whereas KPMG received the nod in the most well-liked “enterprise and commerce” and “accounting, skilled providers and consulting” employer awards, it was Deloitte which pushed ANZ out of the general high spot from 2022, rising from third place final yr. DXC Know-how held its high ten place from the previous two years, inserting in ninth, whereas Capgemini was considered one of this yr’s greatest bolters, leaping from nineteenth place final yr into seventh for 2023.
Different enterprise, accounting and tech advisories to make the highest half of the checklist included RSM, Accenture and Grant Thornton, which all ranked between twentieth and thirtieth, whereas BDO, Wipro, and Infosys additionally landed within the high 40. Findex, McGrathNicol, Cognizant, KordaMentha, Turner & Townsend, and Pitcher Companions additionally made the minimize for Australia’s high 100 graduate employer lis.
In keeping with GradConnection statistics, the proportion of enterprise and administration graduates who have been in full-time work inside 4 months of graduating has risen from 78 % in 2019 to virtually 95 % final yr.
Figures revealed by GradConnection Prime 100 media associate the Australian Monetary Evaluate recommend Deloitte will tackle 1,400 graduates this yr alone, whereas that quantity is collectively pushing 4,800 throughout all disciplines among the many Large 4, with purposes in some cases nonetheless open. They every boast places of work in each main capital, in addition to plenty of shops in regional centres such because the Gold Coast, Townsville, Wollongong and Newcastle.
Notice: the Prime Graduate Employers rating by GradConnection relies on a volume-based evaluation of job recognition, that means that smaller consultancies have a tendency be dominated out from a list as a result of methodology. In the meantime, not all consulting companies put up their jobs on GradConnection, because of this, they don’t seem to be included within the itemizing course of.
In associated information, final yr ConsultancyAU launched the inaugural version of its Australia’s high consulting companies checklist, figuring out the nation’s main gamers throughout 40+ sectors and 40+ areas of experience. The rating is non-opt-in, exhaustive and non-commercial, with the goal of offering an inclusive, industry-wide benchmark of the panorama.
