Would you like to join the graduate training scheme at Oxford Economics?
Do you follow economic events closely? Would you like to advise organizations on the implications for the countries, industries, cities and business trends that matter to them? To influence decisions about where businesses invest, what government policy should be, or how senior executives think about key business and management trends?
Who are we looking for?
Oxford Economics’ training scheme is for high-achieving graduates who want to apply their understanding of economics to real world issues. You must be able to put together logical economic arguments and explain them to convincingly to economists and non-economists alike. You will need to be a fast learner with strong analytical skills and keen attention to detail. You should be comfortable meeting tight deadlines and working under your own initiative.
Successful candidates are highly numerate and have good technical skills. They work well with others, take responsibility for the quality and timeliness of their work, and demonstrate a creative approach to problem-solving. Fluency in English is essential, as is the ability to communicate clearly and concisely.
We welcome applications from those who meet this description with:
- a degree in economics or a closely related subject
- an excellent academic record
- fluent English, both written and spoken
- a demonstrable interest in economics
- some work experience, whether paid or voluntary (highly desirable)
- the right to work in the UK (or the country for which you are applying).
We also consider applications from recent graduates with experience in academic research, the civil service, financial services or consultancy.
What training do we offer?
We are a fast-growing, independent consultancy with a global reach. Our goals are to provide excellent analysis, forecasting and analytical tools for our clients; and interesting, challenging and rewarding careers for our staff.
Graduate trainees do work that matters from their first week. They are supported by comprehensive training on the technical and business skills needed to handle economics projects, forecasts and research.
The training includes report writing, presentation and project management as well as advanced excel skills, econometrics, our proprietary Global Economic Model and introductory programming. It is delivered through short courses, a group project and on-the-job training.
What work will you do?
Our culture is modern, open and collaborative. You will be working closely with experienced economists and expected to take responsibility for your work from an early stage.
Depending on the team you join, you will contribute to Oxford Economics’ global macro and sectoral forecasts and prepare briefing articles on topical economic issues; develop econometric forecasting tools; undertake scenario and policy analysis; or assist senior economists on a variety of consultancy projects.
Here are some examples of recent reports and projects.
1. Sainsbury’s Living Well Index (Sainsbury’s microsite here.)
2. Our Brexit report (http://www.oxfordeconomics.com/recent-releases/assessing-the-economic-implications-of-brexit),
3. Baker McKenzie Global Transactions Forecast (http://www.oxfordeconomics.com/recent-releases/Baker-McKenzie-Global-Transactions-Forecast-2017)
4. HSBC Trade in Services (https://www.oxfordeconomics.com/publication/open/270434)
5. City briefings (http://www.oxfordeconomics.com/my-oxford/publications/396254 and http://www.oxfordeconomics.com/my-oxford/publications/387141
What are the opportunities for progression?
If you do well you can expect rapid promotion. Successful progress through the training period is marked by completing a six-month probationary period and earning promotion from Assistant Economist to Economist after one year.
You will have the opportunity to rotate into another position after about 18 months, either for a temporary secondment or more permanent role. Some rotations may be to an oversees office such as New York, Singapore or Dubai.
After two years you will be well on your way to becoming a professional economist. From this stage, promotion to Senior Economist is open to strong performers.
You may choose to gain experience elsewhere in the firm. As a fast-growing company, we can offer a flexible career path designed to suit your strengths and interests.
At all levels we offer a competitive salary package, including a performance-related bonus, and regular pay reviews.
What is the working environment like?
We are now a global organization employing 200 economists but we strive to retain the best features of the original start-up environment. This means an informal but hard-working culture. Flexible working arrangements are available, including part-time and remote working. We cultivate entrepreneurial thinking, for example in supporting staff to pursue opportunities and map their own career paths.
As well as working hard, we encourage employees to volunteer in the community. There are regular social events and staff parties, and more informal lunchtime and evening activities, often organised by individuals.
Which division of Oxford Economics will I be part of and where will I be based?
Your role will be split equally between our Europe, Middle East and Africa Macroeconomic Consultancy team and our Macroeconomic Forecasting team. This will give you the opportunity to work with large multinational clients on a wide and varied range of consultancy projects, as well as the opportunity to undertake country macroeconomic forecasting responsibilities using the Oxford Economics Global Economic Model.
The role will be primarily based in our Northern Ireland office, which is in Lisburn (just outside Belfast), but will also involve travel to London once every 1-2 months for a few days per trip. These roles provide graduates with the opportunity to experience both sides of Oxford Economics’ business, providing them with a well-rounded skill-set by the end of the graduate programme. At this point, you can choose which area you’d prefer to specialise in.
How to apply
**The 31 December 2017 deadline for applications has now passed. If you are interested in joining us, please check our careers pages from time to time as we regularly advertise new roles.
Depending on available places, we may hold a further recruitment round for the 2018 Graduate Training Scheme in March/April 2018).**
Our recruitment process
We acknowledge all applications and will contact you again by email if we wish to proceed with your application.
The selection process may include a short telephone interview, plus written tests and interviews to assess your economics skills and the behaviours outlined above.
First interviews will be held in December in Belfast, or via Skype for those abroad. We will run a second set of interviews in January for later applications and those unable to attend in December. Successful candidates can expect to receive offers in January or February to join the scheme starting on 17 September 2018.
We also offer a summer internship scheme and one-year industrial placement scheme [Industrial Year placement] for students who have not yet completed their courses.
If you are interested in either the graduate, internship or industrial placement please apply to firstname.lastname@example.org quoting the position.