If recent history is anything to go by, students set to graduate in 2013 would be wise to apply to Scottish Widows Investment Partnership (SWIP) while the opportunity presents itself.
After a two-year hiatus, SWIP re-opened its graduate programme in 2010, but then cancelled the intake for the class of 2012. Now, the fund manager has opened its graduate scheme to applications once again and describes the process as a "two-year journey".
Like most asset managers, the number of graduates SWIP's recruiting isn’t huge. Four places are available, one in each of the investment departments – equities, fixed income, real estate and investment solutions.
Expect the competition to be tough; investment banks have received an average of 82 applications per job this year, but SWIP’s resourcing partner, Joanne Parsons, tells us that they receive over 100 applicants per place.
In order to be considered, you’ll need a minimum of a 2:1 degree as well as quantitative skills and excellent problem-solving and communication abilities. The training programme lasts for two years, based out of SWIP’s Edinburgh office.
“Graduates can stand out through work or voluntary experience that complements their studies or by completing relevant professional qualifications. In addition to the academic requirements graduates who have had positions of responsibility through sports, social or professional clubs can also stand out,” says Parsons.