bobness said:
i would have thought there'd be an over-supply of accountants?
seriously step into unsw commerce/eco faculty ask 10 people something like 5 will say acct..i think
although general supply is much more now than this time last year, grad supply is totally f*****. I dunno about NSW, but in victoria:
our uni (melb) has about 600(/2000 or so per year) or so enrolled in 2nd yr Accounting this year (of those about 400 are overseas students = ineligible for local jobs (or if they later are, are discriminated against anyway). That leaves about 200 accounting grads every year for our uni.
Amongst the big 4,KPMG alone took almost 200 from Victoria last year.
In our uni, everyone's flocking into Finance. For every Finance job you have about 10 people for 1 position. whereas in accounting its more like 2 to 1.
The issue is compounded cause Accounting grads are eligible for most finance jobs so the figure is even bigger.
for us Finance honours requires a HD average, and Accounting Honours a D average even though finance takes like 60 ppl (quota-ed) and accounting like 3. Its cause there are so many finance ppl who can't find a job and/or want to do honours that if it was less than 80% or higher average, pretty much everyone applies.