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Finance jobs in the NHS

If you graduate in 2009 and you haven't had any favourable responses from your applications to banks, chances are you're feeling a bit panicked. Don't worry - there are still finance-related graduate jobs on offer on the NHS management training scheme.

The NHS takes on 60 students a year into the finance area of its management training scheme. The application deadline is 28 November, so you'll need to apply soon. Starting salaries are around 21,700, and a minimum 2.2 degree in any subject is required.

As for investment banking, competition for places on the NHS scheme is tough. The organisation typically receives nearly 1,400 applications a year for its finance-related positions. This year's total has already exceeded that, as people opt for the job security of the public sector over the relatively risky banking sector.

The NHS may also offer finance-related internships to first or second-year students. However, if you're interested, you'll need to contact each Primary Care Trust individually.

If you can't get a job in an investment bank, why would you want to work for the NHS? The organisation points out that it offers a high standard of training: trainees are supported to achieve a CIMA or CIPFA qualification. Last year, NHS students achieved 14 CIMA commendations out of a total of only 127 awarded globally to 32,000 students.

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AUTHORSarah Butcher Global Editor
  • An
    Anon.
    28 November 2008

    I personally think the million dollar question is, why would the British want friedmanite IBers working in their national healthcare system?

  • Ch
    Chump
    27 November 2008

    Re Jonathon - If anything has been shown not to work it's Gaussian-based Risk Management models not taking proper account of fat tails :D

  • Jo
    Jonathon Lewis Howe
    25 November 2008

    Why would you want to work in investment banking when it has been shown to almost cripple the country, were greed comes before national stability. In fact the corrupt practises of investment banks is havng a greater impact than terrorism

  • Po
    Poppy
    20 November 2008

    I think you need to wake up to the fact that times are bad and a job in the public sector is better than no job. There are many upsides working in the public sectors - good work life balance, stability and excellent training.

    If this still doesnt appeal to you then you need to make sure you do everything you can to stand out - internships, have original interview answers and a clear understanding as to why X company appeals to you other another company.

  • UM
    UM
    17 November 2008

    This seems to be a joke, from 35-40 k a year ibd jobs to 21 k public sector jobs! When will heavens shine on us again?

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The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.