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Is RBS the only bank planning a huge increase in graduate recruitment this year?

Royal Bank of Scotland is officially back in the graduate recruitment game, and intends to take on nearly 600 students in 2010 - double last year's intake.

In an FT article, which further supports our research suggesting banks are upping grad recruitment in 2010, RBS said it plans on hiring 596 students this year.

Admittedly, this is across all business areas, which includes retail banking and technology as well as its global markets division. However, it seems to be one of the few banks committing to significantly increasing graduate numbers this year.

UBS is planning a similar number to RBS, but this represents only a third more than 2009. Barclays, meanwhile, intends to increase graduate recruits by 20% while Citi is upping its intake by just 15% on last year.

RBS is, however, still struggling somewhat to attract students to these bountiful opportunities.

Here are some of the hard figures around grad recruitment:

Royal Bank of Scotland: hiring 596 graduates, or double its 2009 intake.

UBS: Planning a similar intake to RBS, bringing numbers back to pre-crisis levels.

Citi: 330 graduates and interns in EMEA, or a 15% uptick on last year.

Barclays: Hiring 20% more than 2009, having gradually increased intake since the crisis hit.

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AUTHORPaul Clarke
  • mr
    mr jobseeker
    27 April 2010

    i work for RBS for 5 years, i have graduated with a Master in Banking and finance ( with Merit) which is 2.1 , i applied for graduate programme and they didnt take me!! RBS is a bunch of funny people.
    am just waiting for a big competitor of them to hire me!! i will keep u posted at the end of the month about the outcome of my other job applications.
    i think RBS HR people are just a bunch of professional jokers!!
    someone who already work for you, you will take less time to train him for the role as he's already in your company, and also he's got a relevant Degree, not like people with History, geography, arts, languages degrees!!
    there is no logic in their recruitment process.
    i gave all my answers to my friend who has an inter relations degree and works in a shop, with no banking experience and they took her ( however she failed the second stage).
    question; whats the point to work for RBS if u cant move up the ladder, whats the point to have a 2.1 degree in banking if they dont consider it?
    u gonna say u dnt have skills!! if i didnt i would never have the job with RBS in the first place! i spoke to a RBS HR, she could give me a reason!!

  • Tr
    Truth Hurts
    22 April 2010

    Thank you Beta for that very useful advice, I'll be at home waiting and I'm sure Adebodun will be too!

  • Be
    Beta
    27 February 2010

    They knock on your door twice a week; just stay indoors and wait you'll catch one soon enough...

  • ad
    adebodun
    23 February 2010

    How come I am yet to find a job with two 2.1 degrees in 2 highly reputable UK universities? Where are these jobs?

  • Do
    Dominic Connor, Headhunter of
    23 February 2010

    Grad recruitment is well up across the board.

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