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Surviving The Downturn

Graduate Jobs

The state of the economy is still very much an issue at the top of most people's minds. Although things are improving, the jobs market is challenging and it can be difficult to cope with being unsuccessful. Therefore, it is important to stay positive and see how you can learn from different experiences.

Applying for jobs is quite a long process with several rounds including submitting an application form, online tests and interviews. So, it is quite disheartening if you turn out not to be successful. The most important thing is to stay rational and realise that this is only one company and there are many others, which you could apply to. It is worthwhile taking time to consider your options and think about your strengths and weaknesses. Getting feedback from employers is useful but is a process that some graduates find uneasy for various reasons. For example, you need to be prepared to acknowledge your development points and why things did not go to plan on the day of the interview. Also, you need to spend yet more time and effort either phoning the company or writing to them, asking why you did not get the job. Furthermore, a recent study has shown that two thirds of applicants do not even receive a response from firms, so you may think what is the point at the end of the day? Well, things are changing and companies are realising that it is important to help develop graduates and give constructive feedback. Also, you will come across favourably to the firm and they may consider you if similar vacancies arise, or indeed put you on a shortlist, in case things change at their end. The key is to not get emotional and upset that you were not successful, but rather treat it as a learning point to help you in the future. Overall, lack of success when searching for graduate jobs is hard to deal with and it will probably be no consolation to you that it is partly due to a difficult economic climate. Still, the most important point is to demonstrate a positive attitude and ask the firm for feedback. In this way, you will show that you are both determined and prepared to find out how to develop your interview technique going forward.
arnab datta grb author

Arnab has a BSc (Hons) degree in Economics and Economic History from the LSE and is a Chartered Accountant (ACA).

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