Intense Competition for Banking Jobs

The banking sector in China is highly competitive for job seekers, with a large number of graduates vying for a limited number of job positions. The growing number of graduates, especially in finance and economics majors, has outpaced the growth in job demands in the banking industry. Recruitment in the banking sector accounts for a smaller proportion compared to other industries like insurance or securities. Campus recruitment processes in banks involve demanding written tests that cover a broad range of subjects, leaving candidates feeling overwhelmed. The competition is fierce, with thousands of applicants competing for a limited number of positions, making it challenging for young graduates to secure a job in the banking sector.