RateMyPlacement announces that global financial services firm J.P. Morgan has been ranked by students as the best undergraduate employer in the UK for 2017-18. Taking into account over 5,500 student reviews throughout the 2015-16 academic year, the table ranks organisations that recruit over 20 students a year on placements, internships, vacation schemes and insights; and have at least 15 reviews on the website.
J.P. Morgan moved up in the rankings this year to first place receiving reviews averaging 8.87 out of 10, on criteria including the amount of responsibility given, whether students felt valued by colleagues, impressions of the company overall, training and development opportunities, and transferable skills gained.
Robert Walke and Helena Sharpe, Co-heads of Campus Recruiting at J.P. Morgan in EMEA, said:
“Interns are given a fantastic opportunity to build networks and gain valuable experience through our program including working in teams on live projects. The innovative thinking and skillset this talent brings to the firm means they can make a huge impact to the businesses they support.
“We provide a strong foundation of training, mentoring and resources to help them get the most from the experience. At J.P. Morgan, our internship is the primary source of talent for our graduate programme and integral to our hiring strategy. Being ranked top of this table by students in the UK recognises the important contributions of undergraduates to our firm.”
The banking and financial sector dominated this year’s top five. While last year’s winner, Microsoft, fell to 22nd, Bank of America Merrill Lynch – which topped 2015-16’s rankings – came in second. PwC maintains its top 10 spot but climbed to third, with KPMG and Rothschild & Co completing the five highest rated undergraduate employers.
Ollie Sidwell, Co-founder at RateMyPlacement.co.uk commented:
“It’s been an interesting year for certain sectors in the Top 100. Some are certainly seeing that greater interaction with students is leading to a better position. It’s great to see that within our Top 100, the variety of industries, from finance to law and the entertainment industry, from last year has continued. Showing that no matter where an undergraduate decides to take their career, there will always be a top undergraduate employer looking to employ them in their chosen sector. This year’s results shows financial services companies have delivered on investing in students’ futures and listened to their voice. It’s so important for industries to pay attention to what their students are saying – it will allow them to better strengthen their workforce.”
|This year’s top ten||Last year’s position|
|1. J.P. Morgan||17 (+16)|
|2. Bank of America Merrill Lynch||2|
|3. PwC||10 (+7)|
|4. KPMG||21 (+17)|
|5. Rothschild & Co||11 (+6)|
|6. Taylor Wessing||8 (+2)|
|7. Barclays||19 (+12)|
|8. Hays||5 (-3)|
|9. Goldman Sachs||6 (-3)|
|10. Morgan Stanley||10 (-3)|
Real Estate company Savills made the most startling rise, placing at 11th this year after ranking 43rd in 2016. Laing O’Rourke, the international engineering enterprise, is a new entry at 50th. Bloomberg made a notable rise from 26th to 15th while Teach First dropped 20 places to 96th.
The reviews that form the basis of the Top 100 ranking encourage students to rate their experiences constructively based on 15 questions covering the amount of responsibility given, whether students felt valued by colleagues, impressions of the company overall, training and development opportunities, and transferable skills gained.
Additional factors are also taken into account in order to give a well-rounded picture of the work culture at that company. These include opportunities to socialise with others, the cost of living in the area and company locations.
45,000 reviews from over 2,000 companies feature on RateMyPlacement.co.uk. Those qualifying for entry into the ‘Top 100 Undergraduate Employers 2017-2018’ table must employ over 250 people and have a minimum of 15 reviews from the 2016-2017 academic year.