Futuretrack: New thinking about graduate jobs and who gets them Jane Artess May 2013

Outline 1.Findings from stage 4 of Futuretrack 2.Issues that still confront us 3.Key questions

…in short … a job!

The worth of a degree

Three main ways Type of job Satisfaction Earnings

Expert, orchestrator & communicator

Outcomes by type of institution

Job appropriateness and satisfaction

Real Prospects, 2011 ‘‘We found that graduates who believed their participation in HE had contributed to their personal & professional development demonstrated an awareness of the broader purposes of HE while graduates who perceived their higher education to be of little of no value were more likely to view university as a means to an end.’’ (Source: Higgins, in Graduate Market Trends, Spring 2012)

Graduates do earn more …

…well men do….

Three main ways plus Type of job Satisfaction Earnings plus -Value for money -Use of knowledge and skills

Value for money

Use of knowledge & skills

Further study? GRADUATES WERE MORE LIKELY TO ENGAGE IN FURTHER STUDY IF… They had completed a three- year course They were male Both parents held degrees They had attended a highest or high tariff institution They had studied biology, veterinary science, physical sciences, linguistics, classics, languages, or historical or philosophical studies for their first degree They held a first-class honours degree GRADUATES WERE LESS LIKELY TO ENGAGE IN FURTHER STUDY IF… They had completed a five- year course They were female Neither parent held a degree They had attended a middle or low tariff institution They had studied medicine or subjects allied to medicine, education, dentistry or creative art and design for their first degree They held a lower second- class degree

Some issues and questions…

Is it reasonable to expect HE to deliver a satisfying, well paid job? The labour market is dynamic; but self- confidence and the ability to learn are the basis of career adaptability (employability). Do applicants even think about what HE can deliver? (more easily noted in the absence). Stakeholders’ views on what HE should deliver differ.

96% would do it all again!

Thank you Contact Jane Artess on or telephone