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Business & Commerce Graduate Jobs in Sydney
Sydney is Australia’s economic and finance hub, and is recognised globally as being competitive in key industries including professional, insurance and financial services, which employs over 150,000 people.
The city has a large number of people in executive roles, such as managers or professionals, and is known for being a hub of knowledge-based businesses.
Sydney is a very competitive market for business and commerce graduate jobs because of the number of prestigious companies headquartered in the city.
Of the top 20 world-wide banks, 17 have operations in Sydney, and more than 75% of all domestic banks and 90% of international banks are headquartered here. The city is also the home of the Australian Stock Exchange, and 41% of the top 500 companies in Australia are located in Sydney, including the majority of financial services companies.
Unlike most other capital cities, in Sydney the state government is not one of the ten biggest graduate employers. Instead the biggest employers of business and commerce graduates tend to be in the commercial sector, and companies who have a significant presence in Sydney.
The biggest employers are:
All of the big banks in Australia, except ANZ, are major employers in Sydney because they accept large intakes of graduates at their offices located in the CBD.
The Reserve Bank of Australia is also headquartered in the city and only offers highly sought after graduate opportunities in Sydney.
Average graduate salaries
Sydney graduate jobs tend to pay better than equivalent roles in other Australian cities, with an average graduate salary at a professional services firm over $61,000 per annum, compared to $60,000 per annum at an equivalent firm in another Australian city.
Sydney is Australia’s most expensive place to live however, and features regularly on lists of the most expensive cities to live in the world.