2007 Post Graduate Survey Report : Student Destinations and FeedbackRelease session. Including Perspectives on the Current Job Market Denise Dwight Smith University Career Center January 2009 1 Highlights of 2007 Post-Graduation Survey • Process, results • Key employers • College outcome comparisons • Student feedback on UNC Charlotte Perspectives – Today’s Job Market for college students • Career center response and resources • Spring Events Questions, Discussion, Evaluation 2 Uses of Post-Graduation Survey May 2007, Dec 2006, August 2006 Faculty / Staff / Administration: SACS Career counselors Students – employers, salary benchmark Alumni Employer benchmarks Data for trends (note collected since 1994) Prospective students / their parents NACE / other associations 3 Data Collection Method (Report produced by CPCC Center for Applied Research) Questions (see back) 54 Undergraduate 50 Graduate Likert scale items, self report Mailings – 3 formats (online completion option was offered- 85% used this) E-mail / follow-up e-mail Color postcard Mailed Survey packet Return rate (effected by 6 month delay) 22.5% overall 28.9% graduate 4 New Features Separate graduate / undergrad surveys Employers by major App J Reports by college include departments, note “n” Overall educational goal assessments plus advising feedback All in one document: Overall results (pages 1-69) and each college report College Key Findings Summary Page Overall result categories: Intro, Demographics, Academics, Full and part time student info, UNC Charlotte Experience (Goals), Career center outcomes and employment status, Student Differences New Extensive Tables format On line at www.career.uncc.edu, under faculty 5 Undergraduate / Graduate Responses Mean GPA 3.22 Undergraduate, 3.78 Grad Mean age 25 Undergraduate 33 Graduate Gender / Ethnicity 37% Male 63% Female 76% Caucasian 12% African American 6 Highlights 92.8% 8.3% Employed or in graduate school Did not want to be employed after graduation (national trend) 10% 6% • 81% • 88% 86% 86% 85.6% Undergraduate Graduate Education adequately prepared them to enter chosen field Obtained position within 6 months Position related to major Satisfied with position North Carolina (southern region 91%) 7 Experiential Learning 67% Co-op, 49ership, Internship (for credit), Community Service, Special Professional Program, or Related TA/GA 5.7% more undergraduates with EL found jobs before graduation than those without EL $5,000 Students with co-ops or 49erships earned more than those without either 9.7 % With EL, more satisfied w/ current position 20% More Arts and Sciences students with EL indicated they were well prepared for world of work 8 Adequately Prepared for Chosen Career Field 2001 2003 2005 Overall 79% 81.4% 81.47% 81.1% 80.5% ARCH A&S BUSN EDUC ENGR HHS C&I 85.7% 73.2% 81% 84.9% 84.5% 85.7% 68.8% 81.8% 76.2% 83.6% 92.2% 88.6% 85.2% 66.7% 91.7% 73.2% 84.7% 94.8% 92.8% 86.7% 66.7% 2007 100% 74.7% 88.3% 90% 90% 80% 72.7% 1999 58.3% 74.2% 86.5% 88.7% 78.6% 84.2% N/A 9 Highest Job Satisfaction? Above 90% from which college? 10 Satisfaction with Current Position 2001 2003 2005 2007 Overall 82.1 80.3% 85.7% 85.6% 88% ARCH A&S BUSN EDUC ENGR HHS C&I 85.7% 78.2% 78.1% 90.6% 86.9% 89.6% 87.5% 84.6% 75.8% 76% 93.6% 83.1% 88% 65.4% 84.6% 77.8% 87.6% 93.3% 90.4% 89.3% 81.3% 84.6% 84.1% 86.4% 88.3% 94.7% 77.5% 75% 1999 100% 82% 87.1% 95.4% 94.2% 85.5% N/A 11 Working While In School 86.7% 89% 58% 60% 71% 29% 15% Worked Career related 21 + hours (Undergraduates) 30 + hours (Graduates) Completed degree in time planned Did not complete in time planned Undergrad volunteer or service 12 Reasons for Work while in College (Undergraduate) 37% Necessary - pay for tuition, room, board 74% Paid for personal expenses 24% Helped me organize my time 22% Important – I am full-time career student 35% As career preparation IMPACT: 27% Did not affect performance 24% Helped me be better student 22% Negative impact on academics 13 Highest Median Salary Undergrad: $50,000 Graduate: $60,000 14 Salary Information • $32,000 Undergraduate Median Females $33,000: higher in engineering • $47,000 Graduate Median Correlations between GPA and Salary • Overall group statistically significant (r=.157, p=.002) • Colleges with significant correlation • Architecture • Business • Education 15 Undergraduate Salaries (Median) by College ARCH A&S BUSN EDUC ENGR H&HS C&I Female Male 2001 $30,000 $26,000 $33,000 $25,000 $43,000 $35,750 $49,000 $27,250 $36,000 2005 $35,000 $29,000 $34,500 $26,000 $43,000 $38,500 $34,500 $29,000 $36,000 2007 $34,000 $27,000 $37,900 $30,000 $50,000 $29,800 $28,900 $30,000 $40,000 2003 $31,800 $25,200 $31,000 $26,000 $40,000 $36,000 N/A $28,000 $35,000 1999 $37,000 $26,000 $32,000 $24,000 $40,000 $31,500 N/A $25,500 $34,000 16 Graduate Salaries (Median) by College 2001 2005 ARCH $32,000 $39,500 A&S $39,750 $36,500 BUSN $57,000 $55,000 EDUC $36,750 $36,250 ENGR $56,800 $55,000 H&HS $51,000 $60,000 C&I $60,000 $57,500 Female $45,000 $44,000 Male $54,500 $51,000 2007 2003 $38,000 $30,000 $42,000 $35,000 $58,300 $58,000 $40,000 $40,000 $56,000 $52,000 $44,000 $57,500 $60,000 N/A $41,000 $40,500 $56,600 $53,500 1999 $31,000 $35,000 $57,500 $32,250 $51,500 $50,000 N/A $34,000 $47,500 17 Annual Survey Comparisons 2001 Responses 954 % emp/grad s 94 % Exp Learning 67 % adequate prep 79 % job satisfaction 82.2 % position related 82.2 consultant + 299 2003 2005 2007 1999 920 90 63 81.4 80 79 212 911 92 78.6 81.4 86 85.4 526 904 89 67 81 86 86 522 963 94 57.3 80.5 88 82.4 513 18 Graduate School Acceptances Arizona State Univ • Charlotte School of Law • Keller Graduate School • Mgmt McCormick Theological Seminary NC Central University University of Edinburgh University of Florida UNC Chapel Hill UNC Charlotte University of Virginia • • • • • • • Columbia Univ East Carolina Florida State Michigan State NY University NC State Univ of Cincinnati Univ of Phoenix Va Tech Wake Forest • • • • • • • • • • ASU Duke Emory GWU Howard Indiana Strayer UMD UNCG Wingate 61% Good Preparation for GS 19 Top Employers Charlotte-Mecklenburg Schools Wachovia Bank of America UNC Charlotte Carolinas Health Care System Cabarrus County Schools Rowan-Salisbury Schools General Electric Lincoln County Schools Northeast Medical Center 20 Top NAICS Industries Overall 61 Educational Services ARCH BUS Professional, Scientific, Technical / Other Svcs Finance & Insurance / Professional, Scientific, Technical Manufacturing Educational Svcs / Health care & Social Assistance Finance and Insurance Educational Svcs / Healthcare & Social Assistance Other Svcs Manufacturing / Construction / Professional, Scientific,Technical Health care & Social Assistance / Educational Svcs Other Svcs Information / Professional, Scientific, Technical Educational Svcs A&S EDUC ENG H & HS C&I 21 Employment Locations 86% employed in NC Others in 31 states 9 employed Internationally Taiwan Chile United Arab Emirates Mexico Uzbekistan 22 Further Education 11% 54% 57% 32% 6% undergrads attending GS undergrads’ parents obtained bachelor’s degree grad students worked with employer as part of academic program grad students said degree assisted career advancement reported received TA/GA or stipend 23 Worth Noting 81 % Would likely or very likely choose UNC Charlotte 75% Would likely or very likely choose their major again 86% Satisfied with current employment 65%/ 62% Used at least one Career Center service 78.1% Agreed had a supportive learning environment 4.2 Agreed well developed communication skills 24 Primary reason to stay and complete my degree: 23% 18% 16% 7% 9% Geographic location Felt good about career options Department’s excellent program Teachers who cared Family influence 25 Most Widely Used Career Center Services UCC Homepage* Individual Appointments* Resume Critiques* NinerJobNet database* Career Resource Collection Mock Interviews EL/part time jobs UCC Career Fairs 65% used at least one service in or out of classroom *High Tech, High Touch demands 26 University Career Center Services 45 Programs Individual assistance Career Assessment- SII, MBTI Group based assistance, workshops Career Resource Library Internet / other Tech Services Experiential Learning Programs (includes UNC in Washington), 49ership , Co-op On-Campus Interviewing, Info sessions Part-time Jobs (JLD) off campus 27 Services, continued Outreach: classes, clubs, residence halls Mini-computer lab 7 Career and Job Fairs Majors Day Career publications -print, on-line (students, employers, faculty) Computer guidance system FOCUS-2 ™ , Bridges My Future- WCIDWAMI Job listings from 12,000 employers and links Consultation 142,000 Student Contacts in 07-08 28 First Learned About UCC 11.5% 9.3% 9% 9% 8.7% As undergraduate Faculty/staff referral Class presentation Flyer/special promo Ad 29 32: Perception Highlights of Educational Outcomes at UNCC GoalsTable Response (1-5SA) Undergraduate Mean Graduate Mean Total Mean I have well developed communication skills – both written and oral. 4.21 4.14 4.18 I have well developed mathematical and logical reasoning skills. 3.93 3.84 3.90 I have gained an understanding of the methods of the life and/or physical sciences. 3.77 3.4 3.64 I have gained an understanding of the methods of the social sciences. 3.91 3.75 3.86 I have gained an understanding of the relationship between the arts and the broader society. 3.72 3.32 3.58 I have gained an awareness of how Western culture has evolved over time. 3.6 3.28 3.49 I have gained an understanding of how changing global conditions influence the development of various cultures throughout the world. 3.81 3.55 3.72 I have gained an understanding of how cultural and ethical issues influence the development of society. 3.97 3.86 3.93 30 * Questions? Post-Graduation Survey Section 31 UCC Common Myths and Misconceptions Career Centers are only useful for seniors. Career Centers only assist Business and Engineering majors. Doing well academically is enough to achieve success. Career development/job search takes little time or effort on the part of students. Career centers will place me; no need to worry. There are No Jobs during a recession and I should Not bother trying 32 "Don't project beyond the range of the known observations" Adage for economists NACE Strategic Research report excerpts- Ed Koc The Job Market and Campus Recruiting How Bad? The Dow Jones Industrial Average declined by nearly 40% since last October. This is the largest annual decline since the Great Depression (1932). Overall unemployment is close to 8%-the highest level since 1992, but still considerably below the 11.4% in January 1983. Trends in the Dow Jones Average 40.00% 30.00% 20.00% 10.00% -20.00% -30.00% -40.00% -50.00% 20 07 20 05 20 03 20 01 19 99 19 97 19 95 19 93 19 91 19 89 19 87 19 85 19 83 -10.00% 19 81 19 79 0.00% Trends in the U.S. Unemployment Rate 12.0 10.0 8.0 6.0 4.0 2.0 Overall rate College Young 20 07 20 05 20 03 20 01 19 99 19 97 19 95 19 93 19 91 19 89 19 87 19 85 19 83 19 81 19 79 0.0 Forecasting Power of the Dow The Dow Jones Industrial Average is frequently cited as a leading economic indicator with the unemployment rate lagging. The data relationship between the two since 1979 suggests a clear inverse pattern—as the Dow decrease, the unemployment rate increases. Change in the DJIA vs. Unemployment 40.0 40.00 30.0 30.00 20.0 20.00 10.0 10.00 0.0 -10.0 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 1985 1984 1983 1982 1981 1980 1979 0.00 -20.0 -10.00 -30.0 -20.00 -40.0 -50.0 -30.00 Unemployment Change in Dow Unemployment in 2009 Overall unemployment rate is likely to reach 8.5% in 2009. Unemployment for those with a bachelor’s degree or better is likely to go from the current 3.1% to 3.7%. Unemployment for young bachelor’s degree holders figures to go from the current estimate of 3.4% to an estimated 4.1%. Job Outlook – Class of 2009 Job prospects for the class of 2009 are considerably below those for the previous five graduating classes. NACE’s Job Outlook 2009 Quick Poll, conducted in October 2008, found an overall flat job market for this year’s candidates. Most sectors were projecting decreases, with government, high-tech manufacturing, and professional services firms still projecting some increase. NACE Job Outlook Projections 2006 - 2009 Percent change 20 18 16 14 12 10 8 6 4 2 0 2006 2007 Fall Spring 2008 October 2009 Job Outlook by Industry Percent Change, August-October 20% 15% 10% 5% 0% -5% -10% -15% -20% & al s In es ce an ur es ic rv Se on si t en nm es er ic ov rv G Se es of Pr e nc na ss ne si Bu Fi g in ur ct fa re tu n io ct tru u an e ti ad ili Tr Ut & n io ut rib st Di M ns Co ul ri c Ag Majors in Demand The current Job Outlook survey projects the majors most in demand to be consistent with previous surveys: Undergraduate majors with “technical” skills (accounting, engineering, computer sciences) command the most attention in today’s job market. Top Degrees in Demand Job Outlook 2009 Accounting Mechanical Engineering Electrical Engineering Computer Science Business Administration Economics/Finance Information Systems Computer Engineering Management Information Systems Marketing 0 10 20 30 40 Percent Respondents Hiring 2009 2008 50 60 Longer-term Prospects for College Graduates Economic outlook is for significantly slower growth over the next several years than was experienced over the past 15 years. New jobs are not likely to be plentiful, but replacement openings due to aging in the work force will be dominant. The Demographic Advantage For New College Graduates Current work force is aging: Average age is currently 41 (up from 35 in 1980) 20 percent of the work force will be over 55 during the next decade Firms are developing succession strategies focused on college recruiting. Trends in the Labor Force Exits vs. Entrants? 600 500 (000s) 400 300 200 100 0 2009 2010 2011 2012 2013 In the work force 60-64 25-29 2014 2015 2016 Top Jobs in a Down Economy for College Graduates Elementary and Secondary Education and Information Technology are the best prospects for new grads in the next few years. Healthcare positions, particularly in nursing, are also attractive options. Top Jobs Requiring a Post-Secondary Degree: Replacement Openings General & Operations managers Registered Nurses Elementary school teachers, except special ed. Secondary school teachers, except special ed. Postsecondary teachers Accountants and auditors Lawyers Middle school teachers, except special ed. Computer systems analysts Management analysts 0 50 100 150 200 250 (000s) 300 350 400 450 Top Jobs Requiring a Bachelor’s Degree: Replacement Openings Elementary school teachers, except special ed. Secondary school teachers, except special ed. Accountants and auditors Middle school teachers, except special ed. Computer systems analysts Computer software engineers Insurance sales agents Computer programmers Securities, commodities & financial service agents Construction managers 0 50 100 150 200 (000s) 250 300 350 Prospects for a Paradigm Shift The most recent period of extended recession was marked by de-industrialization in the United States. Additionally, a major shift in college majors reflecting the change in the economy took place. Trends in Academic Majors By Bachelor’s Degrees 25 20 15 10 5 0 Business Engineering Computer Science 1975 Education 1985 1995 Social Science 2005 Health Care English Top Skills Employers Look For 1. 2. 3. 4. 5. Communication Skills Motivation/Initiative Teamwork Skills Leadership Skills Academic Achievement/GPA 6. 7. 8. 9. 10. 11. Interpersonal Skills Flexibility/Adaptability Technical Skills Honesty/Integrity Work Ethic Analytical/Problem Solving 53 Paradigm Shift? Diminished financial sector Lower prestige Fewer job openings Limits on compensation Business majors and M.B.A.s: Less attractive? Alternative: Washington (federal employment) instead of Wall St.? Perceptions on this Job Market EL/JLD Internship and part time job fair: Spring 2002: 12 (Fair immediately post-9/11) (73 in 01) Spring 09 to date: 22 (Feb 20) 83% higher Career Expo: Spring 02: 38 (Fair immediately post 9/11) (76 in fall 01) Spring 08: 175, Fall 08: 154 Spring 09 to date 42 (April 8) 11% higher 55 Job Market Highlights (HOPE list) Employers having memory 8.7% NC vs. 4.1% college market 1000 jobs, NJN 35% down Career fairs, still a presence Charlotte Chamber, 8 prospects, 700 jobs (1) Census 15,000 PT jobs 75% want work experience, 67% have EL FBI highest demand since 9-11 Dept State- exam filled 1,066 finance jobs Charlotte (indeed.com) 75-80% hidden 56 Career Center special response Job Market Banner and collection of info Call re employers and fairs EL Open House Chamber assistance Collaboration with Belk College and Alumni Assoc Career Transition Saturday conferences Media response- 6 interviews, includes Charlotte Talks Parent letter for Homecoming Today’s Job Market: The 49er CSSI (Career Success without Stress Initiative)- web updates, quick tip cards, articles, UCC Hope List Blog, Career Fest, Career Super Saturday Boot Camp, 6 session career group Staff response in the community 57 58 Spring Happenings Experiential Learning Fair- Friday February 20th Education Job Fair -Friday February 27th Mock Interview Day -Friday February 6th UNC in Washington; deadlines: Summer-Feb 1, Fall 2009: 3/20 NC State Engineering Fair Feb 5th Career Transition program with COB and Alumni office Feb 7th Spring Expo: Wednesday April 8 Spring Career Fest - February Senior Super Saturday - March 59 The University Career Center for Work, Service and Internships 150 Atkins 704-687-2231(phone) 704-687-2683 (fax) www.career.uncc.edu Denise Dwight Smith, Director ddsmith@uncc.edu 60