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'Lack of funding' for taught masters

Published: Thursday, 04 December 2008   Category: Career Advice

A lack of funding it making it more difficult for degree-holders to apply for masters courses, it has been suggested.

Writing for the Independent, Steve McCormack claims that in the UK jobs market, it is increasingly important for jobseekers to participate in postgraduate study in order to make their CV stand out from other candidates.

He explains that many research councils, traditionally a source of finance for prospective masters students, are tightening their criteria, making it difficult for those wishing to take a non-research based course to secure funding.

The Department of Innovation, Universities and Skills claims that funding for taught postgraduate courses has been largely withdrawn over a number of years.

Last month, new figures published by the Recruitment and Employment Confederation indicated that many employers are willing to pay higher salaries to secure the best job candidates.

Although the number of permanent placements advertised between April 2007 and March 2008, turnover in the recruitment industry increased from £3.514 billion to £4.276 billion.
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