Graduate Development Program

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The Reserve Bank of Australia's two-year Graduate Development Program provides an opportunity to apply knowledge acquired at university to challenging real-world situations and acquire key transferrable skills.

Graduates are offered comprehensive training and development as part of their work at the RBA, as well as an opportunity to contribute professionally from day one. The RBA offers diverse and compelling graduate opportunities across its operations.

While graduates with any degree type can apply, honours and higher degrees, including double degrees, masters and PhDs, are highly valued, as is a genuine interest in working for an institution that has an impact on the lives of all Australians.

The RBA's main campaign for graduates opens in February each year but other vacancies can occur throughout the year. You will be asked to apply for one particular stream when completing an application – your selection should be based on your career interests and exposure to relevant studies in:

If you remain at all unsure which stream is most appropriate for you, consult Career Pathways.

Graduates, no matter which position they occupy or project they are working on, require a combination of technical and analytical, leadership and influencing, and written and oral communication skills. The RBA's Graduate Development Program seeks to expand those skills by supporting development through exposure to formal and informal learning opportunities.

The program currently includes:

  • Orientation week – including a corporate induction, targeted learning, group activities and events with the RBA's executives.
  • Business skills training – including a range of specialised training modules as well as business and communication skills to support your professional development. Training modules will target effective business and technical writing, critical thinking, communication and negotiation skills.
  • Technical training – specialist technical training delivered by leading professionals and experts.
  • Rotations – the Bank seeks to offer its graduates different career paths depending on their interests and skills. Rotations are designed to broaden your knowledge of business areas, and expand your internal and external professional networks.
  • Professional development opportunities – which may include exposure to special projects, conferences, research papers and presentations.

Applications will be reviewed as they are received. Strong candidates may be invited to undertake assessments (on-line skills tests and video interviews) immediately. Interviews will commence as suitable candidates are identified and offers made on a rolling basis throughout the application period.

Current status of our major programs:

  • Applications for our 2020 Graduate program are now closed, applications for 2021 are expected to open in February 2020.
  • Additional ad hoc graduate recruitment can occur as required through the year – refer to Current Opportunities.