Shared Vision: Training & Career Development in Central London
The Current Job Market and Employment Opportunities in Central London
Without any doubt, London is one of the most important economic and financial powerhouses of Europe and the world. Founded over 2,000 years ago, London has grown from being a Bronze Age settlement and a trading port to being one of the foremost global urban centres at an international level.
In terms of the local job market, it would be difficult to point at a sector that is not represented in London, given the magnitude of the local economy. This is ever more applicable to the Central London area. However, the financial services industry has a prominent role in the local job market, as Central London is home to powerful financial ins anies are headquartered in Central London, and the same can be said of 120 of Europe's top 500 titutions like the Bank of England and the London Stock Exchange. More than 50 FTSE 100 compfirms. Moreover, London has branches of almost 500 overseas banks, most of which are located in Central London. Some of the key employers in the banking and financial services sectors include JP Morgan, Deutsche Bank, Bank of America – Merrill Lynch, Barclays Bank, UBS, JP Goldman Sachs, HSBC, and Morgan Stanley.
Tourism is another large source of employment in Central London, as this industry generates more than £30 billion a year. Media and communications companies are also important in the area. The BBC alone employs more than 10,000 people at its Central London base. Other important sources of job opportunities are retail, distribution, and logistics.
Professional career development in Central London
London is home to 43 universities, and some of the world's leading educational institutions are based in Central London. This is the case of the London School of Economics, which offers some of the best rated degrees in business, management, and finance. Master degrees and PhDs are available in subjects like accounting, business management economics, organisational behaviour, and employment relations. Experienced businesspeople may benefit from the LSE's executive education programmes, which cover specialist areas and lead to internationally recognised qualifications.
Another option is the University of London Business School, which offers degrees at all levels and an executive MBA programme. You may also be interested in the options offered by the European Business School, the London School of Business and Management, the London School of Business and Finance, and the Regent's Business School. Lastly, business administration apprenticeships are offered at a number of Central London colleges. Please contact Connexions for further details.
Business consultancy, research, and training services are available from the major universities, including the London School of Economics and the University of London Business School. The latter runs more than 30 executive education programmes and customised corporate training in areas like leadership, strategy, management innovation, finance, and talent development.
There are endless opportunities for business networking in Central London. The first port of call should be the London Chamber of Commerce and Industry, but other active groups include BNI Central London, Athena Business Networking for Women, Round Table, Connect 2 Business, 4 Business Networking, and the Business and IP Centre at the British Library.
Business or executive coaching is available from independent consultants and as professional development training. Some organisations worth contacting include the City University of London, the Coaching Academy, the Business Coaching Foundation, and the Academy of Executive Coaching.
Last but not least, workplace skills training in Central London is available from organisations like Holborn Training, the City University London Business Development department, the London Chamber of Commerce and Industry, and The Centre.
You'll find more information about business training companies and services on Actual London.
Further Considerations: If you do not yet have a drivers license you should consider getting one. Having a clean, current license allows you to apply for a significantly larger number of positions and gives you a greater level of flexibility in where you can work. Even within London, there are locations that are not easily accessible by public transport, and having the ability to drive can be a distinct advantage. If you do not yet know how to drive, find a driving instructor in London here.
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