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Business students want to work in banks

Most Icelandic students who graduate with a degree in business administration or economics want to work in Kaupthing Bank, a recently published report indicates.

Banks claim all the top spots on the list of preferred work places. Kaupthing Bank (formerly known as KB Bank) is on the top of the list. Glitnir Bank comes second followed by Landsbanki Bank and investment bank Straumur-Burdarás. Fréttabladid reports.

The same report reveals that no one among business and economic students about to graduate is interested in working in large scale industries or energy companies and only two are interested in working in the fishing industry. About 250 students were questioned.

Forty-four percent of all participants said they wanted to work in an investment company after graduating. Twelve percent said they wanted to work in accounting and just as many wanted to work in service. Only four to five percent mentioned trade or public service.

The research was undertaken in October 2006 in the departments of business and economics in four universities in Iceland: the University of Iceland, the University in Reykjavík, the University in Akureyri and the University in Bifröst. About 205 students who were in their final year of study took part in the research.

The results of the research were published in the latest issue of Hagur, the magazine of the Association of Business Administrators and Economists in Iceland.

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