21-04-2024
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Graduate
outcome analysis is a comprehensive evaluation of the employment prospects,
career trajectories, and overall success of university graduates after
completing their studies. It provides valuable insights into the effectiveness
of academic programmes, the relevance of the curriculum to the job market, and
the overall value proposition of a university's offerings. By examining the
outcomes of their alumni, institutions can assess the strengths and weaknesses
of their educational approach, identify areas for improvement, and make
data-driven decisions to enhance the student experience and career
preparedness.
In this
article, we will undertake a detailed graduate outcome analysis of the
University of Exeter, a prestigious research-intensive institution located in
the southwest of England. Rather than focusing on specific departments, we will
take a holistic view of the university's performance, examining the overall
trends and patterns that emerge across various academic disciplines.
The University
of Exeter is renowned for its academic excellence, world-class research, and
commitment to providing a transformative educational experience. By analysing
the graduate outcomes of its students, we aim to shed light on the university's
ability to prepare its graduates for successful careers and contribute to the
broader economic and societal landscape.
The University
of Exeter consistently demonstrates strong graduate outcomes, with a
significant proportion of students securing employment or pursuing further
studies upon graduation. According to the latest data from the 2020/21 academic
year, 82% of respondents were either in employment or engaged in unpaid work, a
testament to the university's success in equipping students with the necessary
skills and knowledge to thrive in the job market.
As illustrated
in the figure below, the majority of these graduates (61%) were engaged in
full-time employment, reflecting a 4 percentage point increase compared to the
2019/20 cohort. This upward trend is particularly encouraging, as it suggests
that Exeter graduates are in high demand and able to secure stable, long-term
career opportunities.
Source: University of Exeter
While full-time
employment remains the dominant path for Exeter graduates, a notable portion
(10%) chose to combine employment with further study, highlighting the
university's ability to foster lifelong learners and individuals committed to
continuous professional development.
Unemployment
rates among the 2020/21 cohort stood at a commendable 5%, representing a 1
percentage point decrease from the previous year and a 2 percentage point
decrease from 2018/19. This low unemployment rate is a testament to the
marketability of an Exeter degree and the university's efforts to prepare
students for the workforce.
Regarding
further study, 7% of the 2020/21 graduates pursued full-time advanced degrees,
a 1 percentage point decrease from the previous year. While this slight decline
may raise concerns, it should be noted that the University of Exeter
consistently ranks among the top institutions for research output and quality,
suggesting that its graduates are well-equipped to undertake rigorous
postgraduate programmes.
Additionally,
the data reveals a marginal decrease in the proportion of graduates engaged in
part-time study, from 1% in 2019/20 to less than 1% in 2020/21. This trend
aligns with the broader shift towards full-time employment and the desire for
stability and career advancement among recent graduates.
While the
overall employment and further study outcomes paint a positive picture, the
graduate outcome analysis also sheds light on a concerning issue: the
persistent gender pay gap among Exeter graduates. According to the data, male
full-time, first-degree graduates in full-time paid employment in the UK
consistently earn a higher median salary than their female counterparts.
In the 2020/21
academic year, the median salary for male graduates increased from £25,000 in
2019/20 to £27,000, while the median salary for female graduates remained
unchanged. This disparity raises questions about equal pay for equal work and
highlights the need for concerted efforts to address gender-based pay
inequities.
Furthermore,
the pay gap was found to be most significant among graduates in high-skilled
employment. This trend suggests that while Exeter graduates may initially
secure comparable entry-level positions, the gender pay gap widens as they
progress into more senior roles and higher-paying positions.
Interestingly,
the data also reveals that for both genders, the pay gap between medium and
high-skilled workers was larger than the gap between low and medium-skilled
workers. This finding underscores the challenges faced by women in breaking
through the proverbial "glass ceiling" and attaining equal
representation and compensation in top-tier positions.
The graduate
outcome analysis of the University of Exeter paints a largely positive picture,
with strong employment rates, low unemployment, and a significant proportion of
graduates pursuing further studies based on the latest data from 2020/21. These
outcomes reflect the university's commitment to providing a well-rounded
education that prepares students for success in a rapidly evolving job market.
However, the
persistent gender pay gap remains a cause for concern, highlighting the need
for continued efforts to promote gender equity and equal opportunities within
various industries and sectors. By addressing this issue head-on and
implementing targeted initiatives, the University of Exeter can further enhance
its reputation as an institution that fosters inclusivity, diversity, and equal
access to career advancement.
As of now, the
university has not yet released comprehensive graduate outcome data for 2022
and 2023. Once this information becomes available, a more up-to-date analysis
can be conducted to identify emerging trends and the impact of any new measures
or programmes aimed at improving graduate prospects and narrowing gender pay
disparities.
Ultimately, the
graduate outcome analysis serves as a valuable tool for the University of
Exeter to assess its strengths, identify areas for improvement, and make
informed decisions that will benefit both current and future students. By
continuously monitoring and analysing these outcomes, the university can ensure
that its academic programmes remain relevant, its graduates are equipped with
the necessary skills and knowledge, and its commitment to excellence and equity
is upheld.
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