Latest news: Finance graduates given career boost

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A new scheme to fast-track unemployed graduates into financial careers is underway in cities around the UK. 07/12/2012

The Graduate Foundation College (GFC) has been running for over a month, with the first students nearing the end of the intense ten-week pre-employment training course.

Once the training is complete, the graduates will enter small to medium-sized financial advisory firms in Birmingham, Bristol, Cardiff, Edinburgh, Leeds, London and Manchester for a minimum of six months paid work experience.

Speaking to moneymarketing.co.uk, Financial Skills Partnership's CEO, Liz Field, explained that today's young people have to look harder to find their own routes to career progression than they have for a long time.

Discussing the GFC, Mrs Field said, 'We are pleased that this groundbreaking new initiative is underway. It gives small and medium-sized financial advisory practices the opportunity to recruit bright young graduates who have demonstrated their commitment to the profession.

'The key advantage is that they can hit the ground running and make an immediate contribution to the practices they join without the drain on resources of an induction programme, which many smaller practices cannot provide.'

For more information, visit FSP - Directions.