Talent in Banking Survey 2015
Focus on Switzerland
Banking appears to have regained its position as the most popular career option among Switzerland’s business students, largely at the expense of fast moving consumer goods (FMCG).
Along with watches, chocolate and tourism, banking is central to Switzerland’s image, both at home and abroad. So it has been unsettling to see the popularity of the sector decline substantially among the country’s business students in recent years. The Deloitte Talent in Banking Survey 2015, however, sees a modest recovery in its fortunes as it returns to the top of students’ popularity rankings, albeit still significantly down on 2012 and preceding years.
Despite the currency shock of January 2015, which reduced expectations for labour demand, banks are still looking to hire. This appears to be driven by regulatory change, client demand, rising foreign competition and digitisation, all requiring highly qualified staff.
The survey shows that while the banking sector may be some way off its high point, in a country that is almost synonymous with banking, it is still a very popular option amongst Swiss business students. Two of the big Swiss banks are among their top four “ideal employer”.