Tech University Grads More Likely to Find Jobs After Graduation
Tech Grads land Jobs Faster, Study Finds
New data reveals graduates from technological universities are finding employment more quickly than their counterparts from traditional institutions.
A recent study shows a notable difference in post-graduation employment rates between graduates of technological universities and traditional universities.Technological universities boasted employment rates of 82-87% among their undergraduate honors degree graduates, compared to 64-85% for traditional universities. This disparity is largely attributed to a higher percentage of traditional university graduates pursuing further education after graduation.
Earnings Vary Widely Among New graduates
The study also highlighted a wide range in earnings among graduates who disclosed their salaries. While the majority (70%) earned up to €40,000,a ample 30% earned above this threshold. Postgraduate students reported even higher earnings, with over half earning more than €40,000 and 10% exceeding €80,000. Graduates with ordinary degrees or advanced diplomas reported the lowest earnings.
Dublin Remains a Hub for Graduate Employment
Nine months after graduation, the vast majority (92%) of employed graduates were working in Ireland.Dublin emerged as the most popular employment location (41%), followed by Cork and Galway.
Overall Employment Rates Dip Slightly
While employment rates for graduates remain high, they have dipped slightly compared to previous years. 80% of third-level graduates across all higher education institutions were employed nine months after graduation, down from 83% for the class of 2022 and 82% for the class of 2021.
Unemployment rates among graduates have also increased, rising from 4% for the class of 2022 to 6.5% for the class of 2023.
“Employment rates for graduates are still at a very high level,” said Dr. Alan Wall, chief executive of the Higher education Authority (HEA).
Field of Study Influences Employment Prospects
The survey, conducted among a nationally representative sample of graduates earlier this year, revealed that employment rates vary significantly depending on the field of study.Education graduates, such as teachers, enjoyed the highest employment rate at 90%, while arts and humanities graduates reported the lowest at 65%. However, arts and humanities graduates were more likely to pursue further studies, such as postgraduate qualifications.
Further Study and Other Pursuits
A smaller proportion of graduates (11%) were engaged in further study nine months after graduation, up from 10% for the class of 2022 and down from 12% for the class of 2021. The proportion pursuing further study was highest among arts and humanities graduates (21%), followed by natural sciences, maths, and statistics graduates (17%), and lowest for facts and communication graduates (5%).
the number of graduates involved in activities like traveling, volunteering, or home duties has slightly increased from 2.3% for the class of 2022 to 2.5% for the class of 2023.
Class of 2023 Profile
the class of 2023 produced nearly 71,000 graduates, with women comprising 55% and men 45%. just over 50% graduated with undergraduate honors degrees, while 28% completed taught master’s programs. Among undergraduates, more than 60% considered their course “very relevant” or “relevant” to their jobs.
Recruitment sites, prior work experience, and personal contacts emerged as the most common sources of employment for new graduates.
Tech grads Snag Jobs Faster, Study Reveals
(newsdirectory3.com) – Fresh data paints a clear picture: graduates from technological universities are securing jobs at a quicker rate than their peers from traditional institutions. A new study shows impressive employment figures for tech grads, with 82-87% of undergraduate honors degree recipients finding work compared to 64-85% for those from traditional universities. Researchers attribute this gap to a higher percentage of traditional university grads opting for further education after graduation.
Salary Spectrum Varies Widely
The study also delved into earnings, revealing a diverse range among new graduates.While the majority (70%) earned up to €40,000, a notable 30% surpassed this threshold. Postgraduate students reported even higher salaries, with over half earning more than €40,000 and 10% exceeding €80,000. Graduates with ordinary degrees or advanced diplomas reported the lowest earnings.
Dublin Remains a Graduate Hotspot
Nine months after graduation, the vast majority (92%) of employed graduates stayed in Ireland, with Dublin emerging as the most popular employment hub (41%). Cork and Galway followed as the second and third most popular locations.
Overall Employment Rates Dip Slightly
While graduate employment rates remain high, they have experienced a slight decline compared to previous years. 80% of third-level graduates across all institutions where employed nine months after graduation, down from 83% for the class of 2022 and 82% for the class of 2021. Unemployment rates among graduates have also increased, rising from 4% for the class of 2022 to 6.5% for the class of 2023.
“Employment rates for graduates are still at a very high level,” said Dr. Alan Wall,chief executive of the Higher Education Authority (HEA).
Field of Study Impact
Employment prospects varied significantly based on field of study. Education graduates boasted the highest employment rate at 90%, while arts and humanities graduates reported the lowest at 65%, though they were more likely to pursue postgraduate qualifications.
Further Study and Other Pursuits
Only 11% of graduates engaged in further study nine months after graduation,up from 10% for the class of 2022 but down from 12% for the class of 2021. Arts and humanities graduates were most likely to continue their studies (21%),followed by natural sciences,maths,and statistics (17%). Facts and communication graduates were least likely to pursue further education (5%).
Activities like traveling, volunteering, or home duties slightly increased, rising from 2.3% for the class of 2022 to 2.5% for the class of 2023.
Class of 2023 Snapshot
The class of 2023 saw nearly 71,000 graduates, with women making up 55% and men 45%. over 50% earned undergraduate honors degrees, while 28% completed taught master’s programs. Over 60% of undergraduates found their course “very relevant” or “relevant” to their jobs.
recruitment sites, prior work experience, and personal contacts emerged as the primary sources of employment for new graduates.