Graduates in Economics: Statistics (UK example)
What happens to economics students once they complete their first degree? Here is a snapshot of economics graduates’ activities detailing their occupation six months after graduation.
According to the survey, which is published annually by the Higher Education Career Services Unit (HECSU) and the Association of Graduate Careers Advisory Services (AGCAS), in 2010 54.4% of Graduates in Economics in UK were entering employment, 15.4% went for further education or training, 11.7 % were working and studying and 9.5% were unemployed.
Among graduates in economics who were employed at the time of the survey, 42.9% were working as business and financial professionals, 15.2% as commercial, industrial and public sector managers, 6.2% as numerical clerks and cashiers and 8.6% had other clerical occupation. 7.1% of respondents were employed as retail, catering, waiting and bar staff.
You can download the complete survey, which also includes other disciplines here.
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- Yes it Does
Salaries in Economics: Does having a PhD Matter?
Now, with the release of the INOMICS Salary Report – based on the salary data of almost 2,000 economists – any uncertainty can be laid to rest and the question answered: in financial terms, yes, having a PhD does matter. In fact, to say that it matters is something of an understatement – such is its influence on an economist’s future earnings.