An analysis of job opportunities in the finance field for business Research Paper

An analysis of job opportunities in the finance field for business graduates - Research Paper Example Recruitment levels for fresh graduates are still low due to the adverse effects of financial crisis witnessed in all parts of the globe. It is argued that about 10% of fresh graduates stay for over six months without securing a job in their field of study (Oduma 4). This may result into unchanged starting salaries despite rise in the state of living a state that is not good for graduates. With increased number of graduate, some employers are taking advantage of the situation to pay graduates peanuts since they have little alternatives in employment opportunities. Studies shows that competition for job is so fierce those employers receive up to 56 applications for one vacancy, most of which are fresh graduates in dire need of employment opportunities. This scramble for jobs is worse among business opportunities where employers receive approximately 192 applications form one job opportunity advertised. A quarter of these are people with experience in such positions scrambling for the s ame jobs with fresh graduates a condition, which is amazing. Overview of finance field Since the finance field was the hardest hit by the global financial crisis, the employers are very keen on who to employ and whom not to employ. This is because issues dealing with finances are very sensitive thus, only graduates who are up to the task usually have the highest chances of being employed. This is because they want employees who are able to withstand the high expectations from investors thus develop trust and confidence. There is no room for mistakes when dealing with finances this may severely ruin the reputation of firm.... Overview of finance field Since the finance field was the hardest hit by the global financial crisis, the employers are very keen on who to employ and whom not to employ. This is because issues dealing with finances are very sensitive thus, only graduates who are up to the task usually have the highest chances of being employed. This is because they want employees who are able to withstand the high expectations from investors thus develop trust and confidence. There is no room for mistakes when dealing with finances this may severely ruin the reputation of firm (Oduma 3). Graduates in finance field have a variety of places to explore their skills. Some of these places are supermarkets, airlines, large motorcar companies, investment banks, insurance companies, financial advisers, brooking firms, unit and investment trust companies just but to mention a few. Due to this wide career path, graduates with training in finance field have the advantage of having a wide career base to choose form in the field of finance. Those who do not secure places in the above named places still have the opportunities to work in other places in managerial positions due to the nature of their training (Oduma 4). Several factors diminish the chances of a graduate form getting a job in finance field. They include lack of job skills, inability to communicate well in English, negative attitude, lack of awareness on job opportunities and mismatch between industry needs and thee graduate field of study (Ahmad et al 2). The graduate needs to have all the above-mentioned skills in order to be competitive and survive in the job market. This is because skills and