1. Post-crash students – their expectations, concerns and involvement with the careers service Presented by Holger Koch

2. Agenda 1.trendence 2.Setting the scene 3.Student ambitions and expectations 4.Careers services 5.Meeting the demands of the market

3. © trendence | Page 3 | trendence – a Group business Berlin Cologne Frankfurt Paris London Wallingford Dublin Kuala Lumpur Singapore Shanghai

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5. Agenda 1.trendence 2.Setting the scene 3.Student ambitions and expectations 4.Careers services 5.Meeting the demands of the market

6. © trendence | Page 6 | Status quo  HESA data, Destinations of Leavers from Higher Education Institutions 2007/08 (released August 2009), indicates that the proportion of those assumed to be unemployed 6 months after graduation has risen from 5.6% for 2006/07 graduates to 8.1% for 2007/08 graduates. * )  Universities report that the number applying to start postgraduate courses this year has jumped as the graduate job market dries up. ** )  Many Russell Group institutions are seeing large increases in Masters applications (increases: UCL 26%, Birmingham 16%, Bristol 23%, Glasgow 46%) – newer universities seeing increases too. *** )  Careers services programmes are branded with the language of the recession: the Credit Crunch Challenge (Bedfordshire), Riding the Recession (LSE), Entrepreneur Boot Camps (UCL) and a course in how to "recession-proof" your career (Hertfordshire). *** ) *)Source: http://www.hesa.ac.uk/index.php/content/view/1521/161/ **)Source: http://www.timesonline.co.uk/tol/life_and_style/education/article6820130.ece ***) Source: http://www.guardian.co.uk/education/2009/jun/10/university-students-jobs-recession

7. © trendence | Page 7 | Graduate vacancy levels over time AGR Graduate Recruitment Survey 2009 14.7% 5.2% 5.1% 15.5% -3.4% 0.6% 12.7% -24.9% -6.5% 14.6% -30%-25%-20%-15%-10%-5%0%5%10%15%20% 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000

8. © trendence | Page 8 | Applications per graduate vacancy - 2006 to 2009 AGR Graduate Recruitment Survey 2009 28.4 29.2 30.7 48.8 0 10 20 30 40 50 2006200720082009

9. © trendence | Page 9 | Predictions of graduate vacancy levels AGR Graduate Recruitment Survey 2009

10. Agenda 1.trendence 2.Setting the scene 3.Student ambitions and expectations 4.Careers services 5.Meeting the demands of the market

11. © trendence | Page 11 | trendence Graduate Barometer 2009 – European Edition Methodology:Annonymous online survey Field phase:September 2008 – January 2009 Subjects:Business edition (including economics) Engineering edition (including IT) Participating schools:ca 800 ca 550/ Edition Response:ca 200,000 Business 67,500 Engineering 74,500

12. © trendence | Page 12 | trendence Graduate Barometer 2009 – UK Edition Methodology:Annonymous online survey Field phase:September 2008 – January 2009 Participating schools:ca 100 Response:ca 20,000

13. © trendence | Page 13 | UK edition – Universities with the most responses

14. © trendence | Page 14 | Salary & weekly working hours £20,800 £20,300 £22,100 £24,500 £22,500 41.1 41.3 41.4 43.5 41.4 £10,000 £12,000 £14,000 £16,000 £18,000 £20,000 £22,000 £24,000 £26,000 20052006200720082009 38 39 40 41 42 43 44 45 SalaryHours

15. © trendence | Page 15 | Salary & weekly working hours (Business students) Europe Belgium Czech Republic Denmark Finland France Germany Hungary Italy Norway Romania Spain Sweden United Kingdom Austria Greece Ireland Nether- lands Poland Portugal Russia Slovakia Switzer- land 40 h 42 h 44 h 46 h 48 h 50 h €05K€15K€25K€35K€45K€55K

16. © trendence | Page 16 | Salary & weekly working hours (Engineering students)

17. © trendence | Page 17 | Important considerations when choosing an employer (Business students)

18. © trendence | Page 18 | Important considerations when choosing an employer (Engineering students)

19. © trendence | Page 19 | Need for job security (Business students)

20. © trendence | Page 20 | Desired time in first professional position Europe avg 5.6 yrs Europe avg 6.9 yrs

21. © trendence | Page 21 | Preferred work sectors 0% 5% 10% 15% 20% 25% 20052006200720082009 Accountancy Public Sector EngineeringBanking/Finance

22. © trendence | Page 22 | Preferred employers  2009 top 10 has 5 non-commercial employers (2008 only 3)  2009 Goldman Sachs only investment bank in top 30 (2008 there were 3)

23. © trendence | Page 23 | Attitudes of UK students 2009 I feel that my degree has prepared me well for my future career. 0%20%40%60%80%100% 63.3%14.5%22.2%Undergraduate72.1%13.1%14.8%Postgraduate87.8%7.3%4.9% MBA AgreeDisagreeNo opinion

24. © trendence | Page 24 | Attitudes of UK students 2008 What I have learnt at university has set me up well to enter the workforce 59.4% 56.5% 48.9% 8.1% 11.9% 17.8% 32.5% 31.6% 33.3% 0%20%40%60%80%100% Undergraduate Postgraduate MBA AgreeDisagreeNo opinion

25. © trendence | Page 25 | Attitudes of UK students It will be tough to get a job in 2009 60.2%22.2%17.6%Male69.1%16.4%14.5%Female 0%20%40%60%80%100% AgreeDisagreeNo opinion

26. Agenda 1.trendence 2.Setting the scene 3.Student ambitions and expectations 4.Careers services 5.Meeting the demands of the market

27. © trendence | Page 27 | Career services used 6,6% 7,9% 9,3% 11,0% 14,5% 15,1% 17,5% 19,1% 21,5% 23,9% 24,4% 31,4% 31,9% 42,4% 50,1% 62,9% 0%25%50%75% Sector-specific information Assessment day preparation Help practising psychometric tests Help finding actual job vacancies Individual advice in one-to-one discussions Careers information provision Careers sessions in my department Skills workshops Job interview preparation Degree subject-specific information Advice on further studies to achieve career goals Careers library Employer presentations C.V. consultation Careers service website Careers fairs

28. © trendence | Page 28 | Rating of career services 0,9 1,0 1,1 1,2 1,3 0,00,51,01,5 Careers fairs Careers sessions in my department Advice on further studies to achieve career goals Assessment day preparation Careers information provision Careers library Careers service website Help finding actual job vacancies C.V. consultation Degree subject-specific information Help practising psychometric tests Employer presentations Skills workshops Individual advice in one-to-one discussions Job interview preparation Sector-specific information -2 = not at all helpful; +2 = very helpful

29. © trendence | Page 29 | Variations in use of careers services

30. © trendence | Page 30 | Variations in use of careers services

31. © trendence | Page 31 | Variations in use of careers services

32. © trendence | Page 32 | Variations in use of careers services

33. © trendence | Page 33 | Variations in use of careers services 59,2% 57,2% 62,9% 0%10%20%30%40%50%60%70% Need for job security Fear of unemployment UK students Career sfairs

34. © trendence | Page 34 | Variations in levels of intention to use careers services

35. © trendence | Page 35 | Variations in levels of intention to use careers services

36. © trendence | Page 36 | Use of and intention to use careers services (all students) Used more than intention to use in future Intention to use job interview preparation far exceeds actual use 0%10%20%30%40%50%60%70% Careers fairs Careers service website Careers library Advice on further studies to achieve career goals Careers information provision Employer presentations Degree subject-specific information Careers sessions in my department C.V. consultation Assessment day preparation Help practising psychometric tests Skills workshops Individual advice in one-to-one discussions Sector-specific information Help finding actual job vacancies Job interview preparation usedintention to use

37. © trendence | Page 37 | Worried but not worried enough Students who think “it will be tough to get job in 2009" intend to use most careers services more than total sample (for 10 out of 16 facilities) Advice on further studies to achieve career goals C.V. consultation Careers fairs Careers information provision Careers library Careers service website Careers sessions in my department Help finding actual job vacancies Individual advice in one-to-one discussions Job interview preparation … but they only actually use these 2 more than levels seen nationally Careers library Job interview preparation

38. © trendence | Page 38 | University contact to industry (Business students)

39. © trendence | Page 39 | University contact to industry (Engineering students)

40. © trendence | Page 40 | Careers services help in career planning (Business students)

41. © trendence | Page 41 | Careers services help in career planning (Engineering students)

42. Agenda 1.trendence 2.Setting the scene 3.Student ambitions and expectations 4.Careers services 5.Meeting the demands of the market

43. © trendence | Page 43 | What recruiters say AGR Graduate Recruitment Survey 2009 Graduate employers who say the quality of applications was better than in the previous year 200830% 200940% Increased filtering measures: - min requirement UCAS / 2.1 to cope with volume of applications - other trends fewer 1st time interviews, more preliminary telephone screenings

44. © trendence | Page 44 | Increased applications lead to evolution in screening processes AGR Graduate Recruitment Survey 2009

45. © trendence | Page 45 | Do the necessary…. Advice to students considering the postponement of their job search AGR Graduate Recruitment Survey 2009

46. © trendence | Page 46 | Do the necessary…. Advice to students searching for jobs during periods of fewer vacancies AGR Graduate Recruitment Survey 2009

47. © trendence | Page 47 | Do the necessary…. Advice to students searching for jobs during periods of fewer vacancies AGR Graduate Recruitment Survey 2009  Demonstrate a genuine commitment to the career.  Focus on your application, in particular making sure your application is specific to the organisation to which you are applying. Don't make any typos or grammatical mistakes.  I want to hire graduates who want to work in our business and therefore, they need to know what they want. Graduates who are indecisive are not hired.  Show commitment to the employer

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49. Thank you!