Graduate Employability at Warwick Steve Hind, Senior Careers Consultant Anne Wilson, Head of Careers We will cover: How degrees at Warwick contribute to graduate employability What do our graduates do? Enhancing employability through extracurricular activities Plan B. What do graduates do when things don’t go according to plan? Some statistics: 92.3% of Warwick graduates secure either employment or further study 6 months after graduation Of those in work, 75.7% secure graduate level employment (Based on 2012 data) Quick quiz: Which departments achieved the following? 100% employment (graduate level) 97.2% (graduate level ) 84.6% (graduate level) All destinations info is publicly available through GEMS: http://destinations.warwick.ac.uk/ Commonly asked questions at Open Days: Some sample destinations: English Literature graduates: Accounts Executive Intern Equality and Diversity Policy Manager Social Media Executive Staff Writer and Conference Coordinator Researcher English Teacher N.B. See also ‘What can I do with a degree in…?’ Series What do graduate recruiters want? A good degree from a good university Work experience Extra-curricular involvement The ability to ‘tell their unique story’ What students can get from Warwick Access to thousands of opportunities; work experience, volunteering, research projects Over 250 Clubs and Societies Personal and Academic Skills development Access to qualified and highly skilled careers consultants Sociology and employability skills You will learn: How to work independently. How to find information, extract what is important from it and turn it into an argument. How to work in collaboration with others, but also how to work effectively without close supervision. Research methods and how to generate new knowledge and information using a wide range of tools - large social surveys interpreted through statistics, to in-depth interviews, analysing the language used in media texts How to conduct research both with others and on your own What Warwick offers: ‘There are no graduate jobs.’ 93% of millionaires are graduates/professionally qualified (BBC News, May 2014) Many graduate recruiters do not fill their vacancies National picture (from HECSU) Overview of 2013 destinations data (6 months after graduation) Of the 242,285 graduates who responded to the survey: Destinations 5.9% 13% 8% 67.7% Employment Unemployed Further study/training Work+ study Average salaries of graduates employed full-time in the UK ranged from £18,345 to £22,535, depending on their occupation. Warwick Picture 2012 Graduate Destinations 5.6% 9.9% 7.2% 25.3% 52% Employed Unemployed Average salary: Further Study Work + Study Mean = £27,900 Median = £24,000: Other Destination of Leavers from Higher Education Institutions Longitudinal survey of 2008/9 leavers Aim of survey: to collect information on the activities of graduates approximately three and a half years after leaving Higher Education Responses were received from c.25,000 Most graduates in employment (80%) were working in occupations that were classified as ‘graduate occupations’ THEIR REFLECTIONS EMPLOYMENT MARKET TRENDS Graduate vacancy projections: up 10.2% compared to 2012-13 UP Source: AGR DOWN IT/ Telecomms + 40.3% Investment banking -1.4% Public Sector +20.1% Law - 4.2% Energy/ Utilities + 17.5% Banking/finance + 15.7% Accountancy/professional services + 12.2% Engineering +9.2% Transport/logistics + 7% Consulting/business services 5.7% Retail 2.7% FMCG + 2% Examples of starting salaries by career area in 2011-2012 Source: AGR Investment banking £38,250 Legal work £37,000 Consulting £28,500 Actuarial £28,500 Manufacturing engineering £26,500 IT £26,000 Accountancy £25,000 How recruiters select: Degree classification is used as a screening tool by a high proportion of AGR employers (82.1%) when recruiting graduates. The majority (81.3%) use the 2:1 as a cut off for most of their positions, 15.0% use a 2:2 and a small minority (3.8%) state that it varies by role. There are a range of other graduate employers including SME’s for whom this is not such a significant factor How to Future Proof* our graduates Know themselves – be able to articulate and build on their strengths, passions, skills, attributes, motivations and values Get experience –work experience, volunteering, clubs and societies New ways of working – Portfolio working, Social Enterprise Entrepreneurial skills The Luck Factor* – being open to and willing to seek new opportunities Networking – 50-80% of all job opportunities are not advertised * Professor Richard Wiseman The Luck Factor Random House, 2003 *National Teaching Fellowship Scheme (NTFS) project http://www2.bcu.ac.uk/futureproof 22 ‘To be employed is to be at risk, To be employable is to be secure’. Hawkins, 2005 Futureproofing