Julia Irvine 13 Sep 2017 01:04pm

PwC best accountancy firm to work for, say students

Accountancy firms are great places to work, according to this year’s RateMyPlacement best undergraduate employer rankings

The six largest UK firms all feature in the top 100: PwC achieved the highest ranking, coming third on the list, just one place ahead of KPMG in fourth.

The two Big Four firms were way ahead of their rivals. EY, Grant Thornton and Deloitte came 28th, 32nd and 34th respectively, with BDO following in 44th place.

Mid-tier firm Smith & Williamson made it into eighth position in the top 50 medium-sized employers list.

The annual rankings are compiled from reviews by students of their experiences working for the businesses. They are asked 15 questions, ranging from the amount of responsibility given to training and development opportunities and the transferable skills acquired.

This year there were 45,000 reviews covering some 2,000 companies. To be eligible for the top 100, employers must employ more than 250 people and have a minimum of 15 reviews.

Last year, PwC was ranked in tenth position  and KPMG 21st. Both were beaten hands down by Grant Thornton though which was ranked third. This year, however, while PwC and KPMG moved up by seven and 17 places respectively, Grant Thornton went down 29 places to 32.

It wasn’t the only business to lose dramatically. The accolade of the UK’s best undergraduate employer of 2017 went to J P Morgan, knocking last year’s winner Microsoft not just out of poll position but down to 22nd place.

Second place went to Bank of America Merrill Lynch which performs consistently every year and fifth place went to Rothschild & Co.

The rest of the top 10 were: Taylor Wessing (sixth), Barclays (seventh), Hays (eight), Goldman Sachs (ninth) and Morgan Stanley (tenth).

Commenting on the rankings, RMP co-founder Ollie Sidwell said, “This year’s results show financial services companies have delivered on investing in students’ future 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.”