Introduction
The purpose of this report is to evaluate the business and income performance of graduates in the UK Labour Market. By thinking back in the course of the last 3-5 years, I will inspect the performance of graduates in the work showcase and talk about any progressions and patterns I see creating. Hereby I will look at the employability and salary of Russell Group graduates and evaluate whether employers prefer work experience over grades. Furthermore, I will look at Earnings and Employability of graduates by subject, the destination of undergraduates after the completion of their degree. Toward the end of my report I will assess whether the advantages of acquiring a degree surpasses the expenses. I expect to find an improvement within the years and good employment prospects for undergraduates and the more they progress in their career, the more they will earn. I also expect to find that the salary and employability of undergraduates will vary depending on their degree. Furthermore, I expect that graduates from Russell Group Universities have got a better chance of employability and will earn a higher salary during the course of their career. General employment and earnings performance of …show more content…
Employability and salary of Russell Group graduates
Looking at the employability of Russell Group graduates, one has to ask the question if graduates from those Universities have a better employment rate than those who graduates from other Universities.
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Figure 3: Russell Group Universities: Average Graduate Prospects 2011-2015 According to The Complete University Guide (2016), graduates from Russell Group Universities (RGU) have got good prospects. The Complete University Guide (2016) defines Graduate prospects as "the number of graduates who take up employment or further study divided by the total number of graduates with a known destination expressed as a percentage. Only employment in an area that normally recruits graduates was
The purpose of this report is to evaluate the business and income performance of graduates in the UK Labour Market. By thinking back in the course of the last 3-5 years, I will inspect the performance of graduates in the work showcase and talk about any progressions and patterns I see creating. Hereby I will look at the employability and salary of Russell Group graduates and evaluate whether employers prefer work experience over grades. Furthermore, I will look at Earnings and Employability of graduates by subject, the destination of undergraduates after the completion of their degree. Toward the end of my report I will assess whether the advantages of acquiring a degree surpasses the expenses. I expect to find an improvement within the years and good employment prospects for undergraduates and the more they progress in their career, the more they will earn. I also expect to find that the salary and employability of undergraduates will vary depending on their degree. Furthermore, I expect that graduates from Russell Group Universities have got a better chance of employability and will earn a higher salary during the course of their career. General employment and earnings performance of …show more content…
Employability and salary of Russell Group graduates
Looking at the employability of Russell Group graduates, one has to ask the question if graduates from those Universities have a better employment rate than those who graduates from other Universities.
Image
Figure 3: Russell Group Universities: Average Graduate Prospects 2011-2015 According to The Complete University Guide (2016), graduates from Russell Group Universities (RGU) have got good prospects. The Complete University Guide (2016) defines Graduate prospects as "the number of graduates who take up employment or further study divided by the total number of graduates with a known destination expressed as a percentage. Only employment in an area that normally recruits graduates was