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• Work Environment
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  • Overview
  • Quality Assurance in Client Advisory Services
  • Leadership Training
  • Fostering the Exchange of Experience
  • New Learning Technologies
  • Assessing Impact
• Nurturing Young Talents(selected)
• Health and Flexibility
• Global Diversity and Inclusion
  • Overview
  • Approach and Strategy
  • Global Employee Networks
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Nurturing Young Talents

Credit Suisse is a strong advocate of long-term initiatives to promote young talents. We offer apprenticeships, training programs, internships and professional education to apprentices, high-school graduates and university graduates.

By recruiting and promoting talent, we make an important contribution to society while at the same time giving our organization a competitive advantage. To attract the best graduates to our bank, we have cultivated strong and sustained relationships with key academic institutions. Our recruitment strategy appears to be working: For example, the Ideal Employer rankings 2010 published by Universum, an external research company focusing on employer branding, confirm that Credit Suisse has a leading position in Switzerland. Compared to 2009, we moved up to second position among recent economics graduates.

Career starters recently voted Credit Suisse among the most popular employers in the financial sector.

In Switzerland, over 200 apprentices and high school graduates embarked on a training program at Credit Suisse in 2010. We currently offer over 1,400 apprenticeships and internships for young people – making us one of the largest providers of training in this market. At the same time we seek to retain our apprentices and high school graduates as qualified specialist staff once they have finished their training. In 2010, around 85% of the young people who completed training programs and met our requirements were immediately able to enter a permanent position at Credit Suisse in Switzerland.

New Training Positions in Switzerland

As a result of the Youth Unemployment Initiative announced in December 2009, we will increase the number of apprenticeships available within the bank in Switzerland by 25% from 600 to a total of 750 positions over a period of three years. We will also invest an additional CHF 30 million in training programs to help young people find an apprenticeship and enter the job market. By strengthening our commitment to combating youth unemployment and to helping young entrepreneurs, Credit Suisse is not only supporting Switzerland as a center of knowledge and industry but is also addressing the issue that is of greatest concern to the Swiss public – unemployment – according to the findings of our 2009 Worry Barometer survey.

The information and communications technology sector (ICT) accounts for 5% of gross domestic product (GDP) in Switzerland and thus makes an important contribution toward the country’s productivity, growth and employment. The sector, which is still relatively new, has grown rapidly over the past 30 years in line with developments in computer technology. According to recent surveys carried out by the umbrella organization ICTswitzerland, there is still a shortage of qualified IT experts in the market, while the number of IT graduates has declined significantly. These trends also have implications for Credit Suisse, since almost one in four positions at the bank relates to the area of IT. The ICT Professional Training scheme launched by ICTswitzerland is designed to address the lack of experts in this field. The program is supported by Credit Suisse, which has pledged to invest up to CHF 10 million to promote professional IT training. It is expected that these efforts will help to create more than 1,000 new ICT training places by 2015 and to establish a professional IT qualification that is recognized throughout Switzerland.

New Courses for Young Talents

The Business School also systematically promotes the development of young talent and future managers by offering new courses of study:

• In 2008, the first graduates of the Bachelor of Banking program were awarded their degrees. Credit Suisse established this part-time course of study in 2004 in collaboration with the Zurich University of Applied Sciences.
• A Global MBA Program was also offered for the first time in 2008: 24 MBA graduates from all parts of the world completed the program requirements, preparing them for the challenges of the markets.
• In December 2008, the first 22 participants earned their Professional Diploma in Global Finance. This program is aimed at selected highly-qualified junior employees from the Asia Pacific region, and is conducted in cooperation with the Chinese University of Hong Kong.

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