KPMG Graduate Scheme 2024: Application Process, Salary & Career Guide

Navigate the application process of the KPMG graduate programme 2024 with these key insights.

This comprehensive guide provides essential information to kickstart your journey toward a rewarding experience with KPMG.

What Is KPMG?

KPMG is a prominent member of the big four financial firms globally.

It has a substantial workforce of nearly 250,000 individuals and impressive revenues totaling $32.2 billion.

Specialising in Audit, Tax and Advisory services, KPMG has carved out a notable presence in the professional services industry.

This diverse array of services sets the stage for a dynamic and multifaceted career for those entering the professional realm through KPMG.

For aspiring professionals, KPMG offers a well-structured graduate programme, acting as a stepping stone for fresh talent to gain insight into the financial world.

Candidates undergo a thorough hiring process, including the renowned KPMG assessment.

When to Apply for the KPMG Graduate Scheme 2024

KPMG recruitment takes place on a rolling basis and applications should be submitted through its official website.

Typically, the application window opens around July, coinciding with the start of KPMG's Launch Pad events. Keep in mind the KPMG graduate scheme deadline throughout the process.

Launch Pad events take place in October onwards and successful applicants can expect to receive offers within two working days.

Most candidates apply for the graduate programme in the summer before their final year of university.

However, there's no age limit on the scheme, so those with prior experience are also encouraged to apply.

The KPMG graduate scheme salary may vary depending on which area you apply for.

It’s best to check the details of the KPMG graduate program 2024 when you apply.

For example, the KPMG London graduate scheme may offer higher salaries due to its location.

The Stages of the KPMG Grad Schemes Application Process

There are four stages to apply for the KPMG graduate programme 2024. These four stages are:

• Stage One: Application
• Stage Two: Transforming Small Businesses
• Stage Three: Delivering Outcomes
• Stage Four: Launch Pad

Stage One: Application

The initial step in the process is the online application for the UK KPMG graduate scheme.

This is an opportunity for candidates to communicate their qualifications and experiences to the recruitment team.

This step typically takes around 30 minutes and doesn't require the submission of a CV.

Each programme has specific entry criteria. These are meticulously assessed through an ongoing evaluation process.

This evaluation considers past achievements and the correlation with the selection process in predicting future success at KPMG.

Applicants are encouraged to apply even if they don't meet the specified grade requirements.

The recruitment team takes a holistic approach, considering other factors beyond academic performance.

Stage Two: Transforming Small Businesses

Following the application submission, candidates will automatically receive an invitation to the first online assessment.

This assessment revolves around three fictional small businesses, each grappling with its unique challenges.

Throughout the evaluation, candidates will navigate various business scenarios, articulating their responses and ranking potential actions or emotions.

Having a pen, paper and calculator is strongly recommended for this interactive process.

While the assessment is untimed, it's designed to be completed in a single sitting, typically taking around 90 minutes.

To qualify, candidates are expected to finish the assessment within five calendar days from the date of the invitation.

Stage Three: Delivering Outcomes

The next online assessment offers candidates a deeper understanding of their selected business area.

Centred around a fictional project associated with one of the small businesses from the previous stage, this evaluation delves into practical scenarios.

Candidates navigate the assessment by ranking their responses to specific business situations, incorporating both written and video components.

While the assessment is untimed, it is recommended that candidates allocate approximately 60 minutes for a seamless completion in one sitting.

The expectation is to finalise this assessment within five calendar days from the date of the invitation.

Stage Four: Launch Pad

Candidates who successfully complete Stage Three will receive an invitation to participate in the Launch Pad. This is an in-person, half-day event.

During this session, candidates will have the opportunity to interact with the diverse community within the company and connect with professionals in their chosen area.

This event serves as a crucial avenue for candidates to gain insights into the supportive community ethos.

This stage also involves a KPMG interview to showcase your skills and capabilities to the recruiters.

Success at this stage hinges on showcasing KPMG's valued strengths, instilling confidence in the recruitment team regarding the candidate's suitability.

Upon success, candidates can anticipate a job offer within two working days of the Launch Pad.

Preparing for the KPMG Assessment Centre

Preparation for the KPMG assessment centre is straightforward. Focus on these key activities to ensure optimal readiness.

1. Prioritise rest – Given the demanding nature of the day, ample rest is crucial. Ensuring a well-rested state will contribute to better performance.
2. Stay hydrated – Drinking plenty of water is more than just good practice; it enhances cognitive functions. Hydration is a simple yet effective way to stay mentally sharp.
3. Punctuality matters – Being early to the assessment centre sets a positive tone. Arriving promptly reflects professionalism and eagerness to engage in the process.
4. Case study familiarity – Familiarise yourself with KPMG case studies. Explore the current language and brand nuances. Identify the competencies emphasised by KPMG, gaining insights into what it values in candidates.

By incorporating these practices into your preparation routine, you'll be better equipped to navigate the KPMG assessment centre with confidence and composure.

Benefits of the KPMG Grad Scheme

Taking part in the KPMG graduate scheme opens doors to a multitude of advantages that shape a promising and fulfilling career path.

1. Comprehensive Training

The graduate scheme provides a structured development path, offering comprehensive training that equips individuals with the skills and knowledge needed to excel in their chosen field.

2. Diverse Experiences

Graduates benefit from rotational opportunities, gaining exposure to various departments within KPMG.

This diverse experience allows them to discover their strengths and interests while building a well-rounded skill set.

3. Mentorship and Guidance

The scheme includes mentorship programmes, providing graduates with guidance from experienced professionals.

This support system plays a crucial role in navigating the early stages of their career.

4. Networking Opportunities

Graduates have the chance to build a valuable professional network through interactions within the company and industry events.

Networking opportunities facilitate connections that can be instrumental in career advancement.

5. Career Acceleration

The KPMG graduate program 2024 is designed to accelerate career growth.

Graduates can progress through structured career paths, achieving milestones that contribute to their professional advancement.

6. Skill Enhancement

KPMG emphasises continuous learning, providing graduates with access to a wealth of resources and opportunities for skill enhancement.

This commitment ensures they stay at the forefront of industry trends.

7. Global Exposure

Graduates may have the chance to work on international projects, gaining exposure to global business practices and expanding their perspective on the professional landscape.

8. Community Engagement

The KPMG graduate scheme fosters a supportive community where graduates can connect, collaborate and share experiences.

This sense of community contributes to a positive and motivating work environment.

9. Inclusive Culture

KPMG values diversity and inclusion, creating an environment where every graduate feels welcomed and appreciated.

This inclusive culture encourages the exchange of diverse ideas and perspectives.

10. Career Flexibility

The graduate scheme allows individuals to explore different facets of the business, enabling them to make informed decisions about their career trajectory within KPMG.

What KPMG Grad Programmes Are Available?

KPMG offers a diverse range of graduate programmes tailored to cater to the unique skills and interests of aspiring professionals.

These programmes serve as entry points into different facets of the professional services industry.

Audit Graduate Programme

The KPMG audit graduate scheme is geared towards individuals interested in assurance and financial transparency.

The Audit Graduate Programme at KPMG provides hands-on experience in examining financial records, ensuring compliance and contributing to the integrity of financial reporting.

Tax & Law Graduate Programme

The Tax Graduate Programme focuses on the complexities of tax advisory services.

Graduates in this programme delve into the world of tax strategy, compliance and planning, helping clients navigate the intricate landscape of taxation.

Technology & Engineering Graduate Programme

The Technology Graduate Programme at KPMG is tailored for individuals passionate about leveraging innovative solutions.

This programme involves working on cutting-edge projects, from digital transformation to cybersecurity.

Management Consulting Graduate Programme

The KPMG consulting graduate scheme equips individuals with the skills to provide strategic advice to businesses.

From process improvement to organisational transformation, graduates contribute to enhancing efficiency and effectiveness.

Deal Advisory Graduate Programme

The Deal Advisory Graduate Programme focuses on the intricate world of transactions.

Graduates in this programme work on mergers, acquisitions and divestitures, playing a crucial role in helping clients make informed business decisions.

Human Resources Graduate Programme

The KPMG HR graduate scheme focuses on people-centric strategies.

Graduates in this programme contribute to talent management, employee engagement and creating a positive workplace culture.

Frequently Asked Questions

Final Thoughts

Considering KPMG as a potential graduate employer is a wise choice, given its reputable standing in the professional services industry.

The firm offers a structured and comprehensive graduate programme that can serve as a solid foundation for a successful career.

However, it's crucial to acknowledge the competitive nature of the application process.

With limited spots available, the demand for positions in KPMG grad schemes is high, leading to intense competition among applicants.

Prospective candidates should approach the application process with dedication and a strategic mindset.