Small and medium-sized enterprises (SMEs) can help thousands of UK graduates get their careers off to a promising start by offering work experience and internships, it has been claimed.
David Pinto, co-founder of investment firm Stanhope Capital and chairman of the New City Initiative, stated that small businesses employ around half of the people who work in the city yet many university leavers have little or no idea who they are.
He recommended that SMEs advertise internships and develop relationships with universities to help graduates get their foot on the investment career ladder.
"We and the students need to take responsibility, together, for building up their knowledge of the sector and experience of working life," Mr Pinto added.
According to a recent study conducted by YouGov, carried out on behalf of Internocracy, nearly a fifth of British companies have used internships as a way of getting work done on the cheap.
Posted by Beth O'Shea
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