Business and commerce is one of the most popular areas of study for people in Australia and students who study business and/or commerce enjoy some of the highest employment rates in the country. Over 69% of graduates find employment within the first four months after graduating, over 58% in a full time capacity. There is no area of businesses today where business and commerce graduate skills cannot be used.
The types of graduate jobs/roles include:
The industry is quite competitive, however, graduates are highly sought after for a variety of professions in both public and private sectors.
Business and commerce is a growing industry in Australia and accounts for 14.5% of GDP, the largest single component of GDP by sector. Business and commerce has consistently employed over 3% of Australia’s population and this looks set to continue as graduate jobs increase. The accounting sector in particular is set to grow by over 13% in the years to 2020.
The biggest graduate employers in business and commerce include:
Many employers offer structured graduate programs in specific streams located in the major capital cities. These programs rotate graduates around different areas and provide first class training. Large employers will often attend university career events to promote their graduate recruitment programs. Applications for these programs usually open in April/March. The process can take a long time to complete and involves multiple testing and interview stages.
The median starting salary for business and commerce graduate jobs is $49,000.