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Universities are forced to ‘up’ their game

Published: Wednesday, 18 April 2012   Category: All Graduate Jobs News

A combination of different factors is forcing universities to provide their students with a ‘better deal’ in several areas, considering the high cost that many of them are paying for their degrees. Helping them to contact employers after the completion of their degree course is just one of the new measures.

The high price that students pay for their university education – which is going to increase considerably in the next year – combined with the difficulties of finding a job after university has made many Brits wonder about the value of sending their child to university in recent times.

The latest analysis from the Higher Education Statistics Agency suggested that almost 28% of UK graduates who left university in 2007 were still not in full-time work three and a half years later.

2010 figures from the Office for National Statistics (ONS) indicated that despite graduates earning 85% more than those who left school after GCSEs on average, the state of the current jobs market means they may not be able to gain a good position until a frustratingly long time after they have graduated.

This worrying reality only re-emphasises the urgent need for universities to improve the careers advice they offer for graduates.

The next level of service

“In today's competitive student market, institutions have to offer more than just academic study,” said James Kirkbride, Vice-rector and Director at London School of Business & Finance.

This is the case with the London School of Business and Finance (LSBF), which is running a postgraduate programme that actually guarantees their students that they will be working in a full time job six months after graduating.

The ambitious initiative, entitled Trium Global Executive MBA, guarantees a graduate level, full-time job within six months of graduation or a refund of £2,500.

Have you struggled to find a graduate position since leaving university? What do you think of initiatives such as this?

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