New York is the number one city for finance graduates

By Sumit Modi
Share

New York is officially the most popular city for graduates who successfully complete the flagship graduate programme at one of the world’s largest independent financial advisory organisations.

deVere Group routinely asks successful graduates which location within its global network they would choose to begin their financial services career in, and this year 34 percent answered New York. The second most popular choice was Dubai (23 percent), third Hong Kong (17 percent), Sydney fourth (13 percent), and Abu Dhabi fifth (seven percent). The remaining answers consisted of Shanghai, Cape Town, Geneva, Paris, Barcelona, and London, among others. 

Nigel Green, deVere's Founder and Group CEO, said: “The order of the top five destinations changes with each group of grads we take on, but New York, Dubai, Hong Kong, Sydney and Abu Dhabi are typically in the top ten somewhere. This is because, quite understandably, these global hubs of finance and commerce represent centres of enormous possibilities for young, ambitious individuals about to embark on careers as international wealth-advisory professionals.

“There are some common traits amongst these cities, including that English is commonly spoken, they are politically and economically stable, there is a high level of internationally-minded high net worth individuals, and by relocating to these places one can usually expect comparatively high financial rewards. Whilst there are some shared themes, these destinations are also quite different from each other in terms of the lifestyle they offer and in terms of clients’ expectations, economic environments and regulatory conditions.  

“With each of the top five destinations offering unique opportunities and challenges, each one attracts grads who have often quite markedly different strengths and weaknesses, skill sets and aspirations.”

 

Follow @BizReviewUSA and @NellWalkerMG

Read the June issue of Business Review USA & Canada here

Share

Featured Articles

What is Nestlé CEO Laurent Freixe’s Action Plan?

Newly appointed CEO sets out action plan involving separating water brands into standalone business and boosting advertising and marketing spend

Will Mulberry Turn a New Leaf Under CEO Andrea Baldo?

International British luxury brand cuts quarter of head office staff as newly appointed CEO conducts strategic review

Female Board Members of Biggest UK Companies Paid 69% Less

Female board members of FTSE 100 companies are paid 69% less than male counterparts, as they find themselves frozen out of the biggest roles

Is This the Next CEO of LVMH?

Leadership & Strategy

How Burberry’s New CEO Is Going Back to Basics

Leadership & Strategy

Is Bayer CEO Bill Anderson Running Out of Time?

Leadership & Strategy