College grad hiring could see increase - ABC 33/40 - Birmingham News, Weather, Sports

College grad hiring could see increase

Posted: Updated:

Featured Videos

Hiring will be up for new college graduates. That is according to a new report by the National Association of Colleges and Employers.

The "Job Outlook 2013 Survey" shows that employers anticipate hiring 13% more graduates from the class of 2013, than they hired from the class of 2012.

While employers are seeking graduates from a broad range of disciplines, there is particular interest in hiring new graduates with accounting and finance experience.

Dr. Lowell Broom is chair of the department of accounting and information systems
at Samford University's Brock School of Business.

Broom says the accounting and finance fields have been resilient despite a struggling economy

"We've been able to place 100 percent of our accounting graduates in professional positions within three months of their graduation for the past several years," Broom says. "Our finance majors have been very successful in finding positions as well."

What's the driving force behind that up tick?

Boom credits a revitalized business industry. One showing more confidence from investors.

"That impacts the need for financial services, accounting services as well. So the finance and accounting industry sort have been brought along with that," he says.

Adam Rhodes is a managing partner at Northwestern Mutual. His company just began its summer internship program.

Rhodes will say, it is the best opportunity for a college grad to get a job right out of the gate.
 
"For this industry. An internship in this industry would be the primary door opener for them. At our firm, the only people we take off the college campus are former interns," says Rhodes.

Rhodes says the demand for financial careers is being fueled by an aging baby boomer population.

"In our business, it's not generational. It's multi-generational. So for example, if I'm a baby boomer, and I'm dealing with my financial planning. That's a multi-generational issue," says Rhodes. "I'm going to need somebody that's going to be there through the next generation because that's where the planning comes into play and has a huge impact."

Broom says, graduating with a degree in finance or accounting allows for more opportunity and room for growth.

"I think it is a particularly attractive area. I think that students who have good quantitative skills, and good personal skills, personal interaction skills, should look very carefully at a career in finance. There's great opportunities and a lot of variety that I don't think people are aware of," says Broom.

  • Central Alabama NewsMore>>

  • Employees File Lawsuit Against Huntsville Space and Rocket Center

    Employees File Lawsuit Against Huntsville Space and Rocket Center

    Tuesday, July 29 2014 7:33 AM EDT2014-07-29 11:33:03 GMT
     Three employees of the U.S. Space and Rocket Center in Huntsville have files a lawsuit, saying that the center forced them to work state holidays.More >>
     Three employees of the U.S. Space and Rocket Center in Huntsville have files a lawsuit, saying that the center forced them to work state holidays.
    More >>
  • Pike Road woman named new ASU Trustee

    Pike Road woman named new ASU Trustee

    Monday, July 28 2014 10:27 PM EDT2014-07-29 02:27:11 GMT
    Gov. Robert Bentley has appointed Pam Ware of Pike Road as a trustee of Alabama State University.A spokeswoman for the governor says Ware replaces Elton Dean of Montgomery, who resigned last week at the request of the governor.Ware is an Alabama State graduate who works as manager of intergovernmental affairs at the Business Council of Alabama.Also on Monday, the governor scheduled a special meeting for the Alabama State trustees on Aug. 8. A spokeswoman for the governor says topics to be dis...More >>
    Gov. Robert Bentley has appointed Pam Ware of Pike Road as a trustee of Alabama State University.A spokeswoman for the governor says Ware replaces Elton Dean of Montgomery, who resigned last week at the request of the governor.Ware is an Alabama State graduate who works as manager of intergovernmental affairs at the Business Council of Alabama.Also on Monday, the governor scheduled a special meeting for the Alabama State trustees on Aug. 8. A spokeswoman for the governor says topics to be dis...More >>
  • Alabama farmers honored at the White House

    Alabama farmers honored at the White House

    Monday, July 28 2014 5:52 PM EDT2014-07-28 21:52:40 GMT
    Two Alabama farmers are being honored at the White House. Bill Bridgeforth of Tanner and Lee Haynes of Cullman are among 15 people being recognized as "Champions of Change" in Washington on Tuesday. The the Agriculture Department honors people who are empowering and inspiring members of their local communities.Bridgeforth is a fourth-generation farmer in Limestone County. He's also a county chairman of the National Black Growers Association.Haynes is an egg farmer in Cullman County. After gra...More >>
    Two Alabama farmers are being honored at the White House. Bill Bridgeforth of Tanner and Lee Haynes of Cullman are among 15 people being recognized as "Champions of Change" in Washington on Tuesday. The the Agriculture Department honors people who are empowering and inspiring members of their local communities.Bridgeforth is a fourth-generation farmer in Limestone County. He's also a county chairman of the National Black Growers Association.Haynes is an egg farmer in Cullman County. After gra...More >>
  • Birmingham Area NewsMore>>

  • Woman set on fire is dead, detectives seeking capital murder charges

    Woman set on fire is dead, detectives seeking capital murder charges

    Tuesday, July 29 2014 11:00 AM EDT2014-07-29 15:00:25 GMT
    The Jefferson County Sheriff's Office says 49 year old Deborah Diane Prater died early Tuesday morning. She's been hospitalized since Sunday with extensive burns. Her ex-boyfriend is accused of setting her on fire and may now face capital murder charges.More >>
    The Jefferson County Sheriff's Office says 49 year old Deborah Diane Prater died early Tuesday morning. She's been hospitalized since Sunday with extensive burns. Her ex-boyfriend is accused of setting her on fire and may now face capital murder charges.More >>
  • Homewood City Council denies hotel an extension to continue operating

    Homewood City Council denies hotel an extension to continue operating

    Tuesday, July 29 2014 9:11 AM EDT2014-07-29 13:11:45 GMT
    A Homewood hotel plagued by problems must close by the end of the week. City leaders considered an extension for America's Best Value Inn and Suites, but denied the request.More >>
    A Homewood hotel plagued by problems must close by the end of the week. City leaders considered an extension for America's Best Value Inn and Suites, but denied the request.More >>
  • Alabama's Tax-Free Weekend Starts Friday

    Alabama's Tax-Free Weekend Starts Friday

    Tuesday, July 29 2014 9:11 AM EDT2014-07-29 13:11:23 GMT
    Alabama's Tax-Free Weekend will kick off this Friday and end on Sunday. During that time, shoppers can purchase school supplies, clothing and computers without paying the state's sales tax on it.More >>
    Alabama's Tax-Free Weekend will kick off this Friday and end on Sunday. During that time, shoppers can purchase school supplies, clothing and computers without paying the state's sales tax on it.More >>
Most Popular
Stories
Videos
loading...