Recent data has found that a postgraduate stands a better chance of employment than that of a first-class degree graduate. The Higher Education Statistics Agency has found that in the year 2011-12 a total of 86.6 per cent of postgraduates had found professional employment within six months of completing their course, which is a figure up 20 per cent of that of their first degree graduate counterparts.
It was also found that alongside improving their chances of professional employment after study, postgraduate students also go on to earn higher salaries than those who did not go on to attain a master’s degree. The findings suggest that such courses as an MSc degree in oil and gas management increases a student’s prospects and reduces the time taken to secure a professional job role.
Not a first? No problem
For many, the dream of a first-class degree is a strong driving force behind study for an undergraduate degree in the hope that this will set them apart from their peers in the world of work, but, should this recent data be believed, that is not always the case. It would appear that employers are favouring postgraduates over their high-attaining peers who had stopped at undergraduate level as a master’s degree often displays skills of determination and drive.
This translates into better career prospects as well as slightly higher earnings, even immediately after course completion, with the deputy director of research at the Higher Education Careers Services Unit (HECSU), Charlie Ball, saying, “first degree graduates might be on around £17-22k six months after finishing their course, with master’s graduates on slightly more,” as reported in this article.
For this reason, many choose to stay on at GSM London to partake in postgraduate study in London as a way of improving their chances of employment and earning more immediately after higher education.
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