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Amazon leaps up ranking of companies where grads want to work

A Mercedes-Benz van displays the Amazon logo during a press conference in Seattle, Washington, U.S., June 27, 2018. (REUTERS/Lindsey Wasson)

Working for the world’s wealthiest man is a top career choice for a growing number of business and engineering students, according to a survey spanning the world’s 12 largest economies.

Online retail giant Amazon (AMZN) shot up to number 17 on this year’s ranking of the most desirable employers by the research and consulting firm Universum. The Seattle-based e-commerce company took the number 23 rank in the previous annual survey.

Researchers behind the poll of more than 200,000 students said Amazon’s momentum represents the single largest gain of any global brand, and declared the company the “biggest winner” of 2018.

Amazon also proved popular among engineering students, rising to the tenth spot from number 13 last year.

“As Amazon leaps forward in the rankings, the 2018 survey shows a steep slide for Facebook (FB),” the study’s authors wrote, citing the social media company’s privacy scandal and alleged connection to Russian interference in U.S. politics.

The top tiers of the rankings by business and engineering students are a mix of tech, Wall Street, and high-profile consulting firms.

Google (GOOG) was once again the most popular choice for both business and engineering students. Goldman Sachs (GS.N) was the runner up among business students, followed by accounting firms Ernst & Young, Deloitte and KPMG.

Engineering students gravitated towards the technology sector, giving the second-place rank to Microsoft (MSFT), followed by Apple (AAPL), BMW Group (BMW.DE) and Intel (INTC).

Universum’s researchers also noted significant gains for consulting firms McKinsey and Boston Consulting Group.

“These knowledge economy companies — which are in the business of helping clients undertake digital transformations — are themselves hungry for engineering and IT Talent,” they wrote.

Canadian business students said they were most drawn to companies with “leaders who will support my development,” followed by the prospect of “high future earnings” and “secure employment.”

Canadian engineering students prioritized innovation, followed by “a creative and dynamic work environment” and “high future earnings.”

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