Wondering which college courses lead to the highest paying careers? Want to select a course that will give you the best chance of gaining employment? These are questions we are sure a lot of students will be asking as they continue to research and select courses.
90% of Working Graduates Staying in Ireland. 78% of the Class of 2017 Went into Work While 14% Continued to Study
90% of new graduates get jobs in Ireland, a Higher Education Authority survey has found, with teachers the most likely to gain employment after they finish their studies. The survey of more than 29,000 recent third-level graduates also found that teachers earn most within nine months of leaving college, while arts graduates take home the least pay.
Let’s look at the salaries.
Education graduates had the highest reported average salaries (€38,701) nine months after graduating. There were also relatively high salaries for ICT (€36,135) and engineering graduates (€36,81). The lowest reported average salaries were in the arts and humanities field at €24,728. Business, Administration and Law hit the middle mark at €33,173, as well as Natural Sciences, Mathematics and Statistics at €32,070. See the table below for a full list.
Table taken from The Irish Times, click here for more.
Higher qualifications don’t necessarily mean higher salaries, as lower level qualification graduates earn more
Overall, the mean salary of those surveyed for an Honours degree graduate is about €29,600. Interestingly, graduates with lower levels of qualifications – such as higher certificates or ordinary degrees – earned slightly more than honours degree graduates. For example, the average starting salary for a graduate with a higher certificate was €32,845, while it rose to €34,348 for an ordinary degree holder. Level 9 and 10 graduates had substantially higher salaries on average at €40,840 and €45,325 respectively.
Figure taken from The Irish Times, click here.
Let’s look at employment
Employment outcomes were best for Education graduates, with 93% working or about to start a job. This was followed by Health and Welfare (87%), ICT (82%) and Engineering (82%). The lowest percentages working or about to start a job were Arts and Humanities graduates (63%), however, these graduates had amongst the highest percentages in further study (24%).
The survey found little difference in employment outcomes based on the institution attended – 78% of university graduates and 78% of institute of technology graduates were employed (and unemployment rates were similar at 4% v 6%).
Overall, the Higher Education Authority report shows that nine months after graduating, the majority of graduates (78 per cent) were working. The remainder were in further education or training (14 per cent), seeking work (5 per cent) or engaged in other activities, such as travel (4 per cent). It is also interesting to note that a higher-level qualification doesn’t always mean a higher salary.
These findings show positive prospects for young people and recent graduates, with earning potential also being high.
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We wish everyone the best of luck when they are making their final course choices.
The CareersPortal Team