UCL CAREERS SERVICE
Careers after Economics
An occasional newsletter from your careers adviser, Jeff Riley. You can email him at j.riley@ucl.ac.uk
“The Graduate Market in 2012” is a study of graduate vacancies and starting salaries at one
hundred of the UK’s best-known and most successful employers, conducted by High Fliers Research during
December 2011:
• The UK’s leading employers are expecting to increase their graduate recruitment by 6.4% in 2012, following a
rise of 2.8% in entry-level roles during 2011 and an increase of 12.6% in 2010. Vacancies dropped by 17.8% in
2009 and 6.7% in 2008.
• Despite the widespread recruitment freeze at Government departments & agencies, public sector employers are
planning to expand their graduate intake by 21.9% in 2012, an increase of almost 500 additional roles year-onyear. There will also be a substantial rise in the number of graduate jobs available at engineering & industrial
companies (up 22.4% compared to 2011), IT & telecommunications firms (up 31.6%), high street banks (up
16.0%) and retailers (up 11.5%).
• Even though the total number of vacancies is set to increase in 2012, recruiters have confirmed that a third of
this year’s entry-level positions are expected to be filled by graduates who have already worked for their
organisations – either through industrial placements, vacation work or sponsorships – and therefore are not open
to other students from the ‘Class of 2012’.
FastStream Update
The Civil Service's graduate development scheme - the Fast Stream - has
confirmed that it will be welcoming a second round of applications for its 2012 intake from analytical
graduates, specifically those interested in the following careers:
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

Operational Research (see flyer below)
Statistics
Economics
Please note that the fourth branch of the Analytical Fast Stream, the Social Research scheme, will not
be accepting any further applications for a 2012 intake, nor will any of the non-analytical
programmes. Such candidates will be able to apply for the 2013 recruitment exercise, which will open
in the autumn.
We will be accepting applications for the three schemes from 5th March to 10th April 2012, via the
Civil Service website (faststream.civilservice.gov.uk). Given the specialist nature of the Analytical Fast
Stream, we are looking to inform the niche of students that would be eligible to apply. This would
include students studying for specific undergraduate or postgraduate qualifications in Operational
Research, the Management Sciences, Statistics and Economics, as well as those studying in other
mathematical disciplines. As a general rule, we are looking for applicants whose studies comprises of
at least 50% numerical content.
Please read the marketing brochure for the Government Operational Research Service (GORS)
graduate scheme. Hard copies are available upon request. Also attached is the GORS Fast Stream
eFlyer, which is more suitable for cascading to students via email.
The contact details for the GORS central management unit are printed on the leaflets below if students
have any questions.
Events – Each week UCL’s Careers Service puts on lots of different events. You
can find out more about them from our events page but here is what is coming up
next week. Students from the department may be especially interested in the
presentations on February 2nd ICAEW, CIPFA, ACCA and CIMA – Thurs 2nd
February, 1.00pm
Mon 30th January 2012 – Fri 10th February 2012
Sign up for these events at: www.ucl.ac.uk/careers/events
unless otherwise stated.
Skills4Work
◊ Employer Led Practice Interviews - Capgemini Fri 3rd February, 9.45am
◊ Employer Led Practice Interviews – Civil Service Fri 3rd February, 9.45am
◊ Employ drop in – CV and app Field Waterhouse checking - Fri 3rd Feb, 2.00pm
◊ Employer Led Practice Interviews – Lloyd’s Register Fri 10th February, 9.45am
◊ Employer Led Practice Interviews – BT Friday 10th February, 9.45am
◊ Employ drop in – CV and app Ernst & Young checking - Fri 10th Feb, 2.00pm
◊ Employ drop in – CV and app Macfarlanes checking - Fri 10th Feb, 2.00pm
MBTI Personality Profiling
◊ MBTI Session: Tues 7th February, 09.45am
Employer Presentations
◊ ICAEW, CIPFA, ACCA and CIMA – Thurs 2nd February, 1.00pm
◊ Get into TV and Radio production – Mon 6th February, 5.30pm
◊ The College of Law – GDL Taster – Thurs 9th February, 1.00pm
PHD Events – (Sign up www.grad.ucl.ac.uk/courses under Career Management and
Employability Skills).
◊ Economics & Financial Services – Tues 31st January 2012, 5.30pm -7.30pm
◊ Focus on Assessment Centres with Finetech Recruitment – Tues 7th Feb 2012, 5.30pm
-7.30pm
International Events
◊ Marketing yourself in your home country: Mon 30th January, 1-2pm
◊ Working in the UK after graduation – visa information: Mon 6th February, 1-2pm
Themed weeks
◊ NGO Charities Week: W/C Mon 6th February – During the week there will be talks from
NGOs and Charities including a lunchtime session by the Chief Executive of RedR, Martin
McCann and an evening session featuring recruiters from the NGO and Charity sectors.
Details on our web site (see above)
UCL’s Vacancy Service - JobOnline
Vacancies – Did you know we have our very own vacancy service for UCL students? JobOnline
provides jobs, work experience and internships. You can even search on keywords such as
‘statistics’. Our parent body, ‘The Careers Group, University of London’ have also recently launched
an employment agency dedicated to finding students part time jobs. One of their first contracts is to
help find staff to work at the Olympics village in summer 2012. You can find out more by visiting
careers.lon.ac.uk/opa – Deadline February 3rd
Here are some sample vacancies
from our JobOnline vacancy
service. Make sure you visit the site
to find like these