CAREERS AND EMPLOYABILITY Julia Hilton Careers Adviser University

CAREERS AND EMPLOYABILITY Julia Hilton, Careers Adviser University of Oxford julia. hilton@careers. ox. ac. uk

Agenda • A graduate employability quiz! • Trends in the graduate jobs market – DLHE – KIS • Careers Services and useful resources

A graduate employability quiz!

Question 1 Which organisation is on track to become the largest recruiter of graduates in the UK in 2014? a) b) c) d) Pw. C Deloitte Enterprise Rent-a-car Teach First

Question 2 All graduates who go on to work as a software developer have a Computer Science degree True or False?

Question 3 What happened to the number of graduate jobs in 2013 -14? a) b) c) d) e) Fell by 5% Fell by 2. 5% Stayed the same Rose by 2. 5% Rose by 5%

Question 4 Most ‘City’ Law firms only recruit Law undergraduates. True or False?

Question 5 The highest published graduate starting salaries for 2014 are £ 41, 500 and £ 41, 000. What employers are offering this? a) Barclays and Deutsche Bank b) European Commission and Aldi c) Deloitte and Pw. C

Question 6 What % of this year’s graduate positions are expected to be filled by students who have already worked for the organisation? a) 10% b) 20% c) 30%+

Question 1 Which organisation is on track to become the largest recruiter of graduates in the UK in 2014? a) b) c) d) Pw. C Deloitte Enterprise Rent-a-car Teach First An s we rs The largest recruiters of graduates in 2014 will be Teach First (1, 550 vacancies), Pw. C (1, 200 vacancies) and Deloitte (1, 000 vacancies). Last year Enterprise Rent-a-Car (who used to be the largest recruiter) hired 800. http: //www. highfliers. co. uk/download/GMReport 14. pdf

Question 2 All graduates who go on to work as a software developer have a Computer Science degree True or False? An s we rs False! Employers like IBM and even small ones like Softwire offer £ 30 k+ starting salaries for graduates without programming experience. (There’s a national shortage of Computer Scientists: they’re even more highly sought after)

Question 3 What happened to the number of graduate jobs in 2013 -14? a) b) c) d) e) An s we rs It rose by 2. 5%, and next year is predicted to increase by a further 8. 4% (the biggest rise in 4 years). Fell by 5% Fell by 2. 5% Stayed the same Rose by 2. 5% Rose by 5% http: //www. highfliers. co. uk/download/GMReport 14. pdf

Question 4 Most ‘City’ Law firms only recruit Law undergraduates. True or False? An s we rs False! Most ‘City’ firms accept over half of their graduate intake every year from subjects other than Law – and typically fund them through their GDL (‘conversion course’) and LPC (legal practice course).

Question 5 The highest published graduate starting salaries for 2014 are £ 41, 500 and £ 41, 000. What employers are offering this? a) Barclays and Deutsche Bank b) European Commission and Aldi c) Deloitte and Pw. C An s we rs It’s b) – the European Commission and Aldi. Although, investment banking divisions offer a median of £ 45, 000, the wider banking and finance sector has a median of £ 33, 000. http: //www. highfliers. co. uk/download/GMReport 14. pdf

Question 6 What % of this year’s graduate positions are expected to be filled by students who have already worked for the organisation? a) 10% b) 20% c) 30%+ An s we rs It’s c) – 37% of vacancies will be filled by those who have done paid internships, industrial placements or vacation work, and so aren’t open to the rest of the graduating students. http: //www. highfliers. co. uk/download/GMReport 14. pdf

The Graduate Market

The Headlines

Some facts. . . • In April to June 2013 graduates were more likely to be employed than those who left education with qualifications of a lower standard. • Non-graduates aged 21 to 30 have consistently higher unemployment rates than all other groups and have much higher inactivity rates than recent graduates. • Over 40% of graduates worked in the public administration, education and health industry. • Annual earnings for graduates reached a higher peak at a later age than the annual earnings for non-graduates. • Graduates from the top UK universities earned more than graduates from other UK universities. Graduates in the Labour Market 2013, ONS

Today’s graduate market • Todays graduate market is much more complex. • The biggest growth in vacancies is expected at public sector employers, accounting & professional services firms, City investment banks, retailers and engineering & industrial companies which together intend to recruit almost 1, 200 extra graduates in 2014. • Degree discipline isn’t as important as it once was.

KIS data • DLHE data • Reported from 80% of UK leavers, 55% EU, 6 months out • Longitudinal reported from 13. 2%, 3 years out

KIS employability data Pros • Same survey for all unis • High numbers of responses 6 months out • Gives students access to more data for their decisions Cons • Needs to be viewed critically • Some sectors don’t start with high salaries /managerial roles 6 months in! • Small sample sizes can lead to misleading data • Not broken down by sector

Universities publish more: http: //bit. ly/Ox. DLHE

Speculative Applications • Crucial for a number of sectors e. g. Media, Marketing, Arts & Heritage • Useful employability skill to develop regardless of university background • 29% of Oxford graduates found employment via networking, speculative applications or personal contacts • Alumni networks & Linked. In increasingly important • Information interviewing key for researching SMEs

Careers Services and Support What is on offer?

Guidance Model Students often present the following: • I don’t know what skills I have or what I want to do • I know what skills I have but I’m unsure about sectors & roles • I know which role and which sector but need applying Self awareness Occupational awareness Decision making Taking action

Self Awareness Resources • Target Jobs Careers Report • Prospects Planner • National Careers Service Skills Health Check • Books e. g. How to get a Job You’ll Love University specific: • Oxford Careers Workbook • Brookes: Career Fog, Skills Audit • Bucks – Job Savvi Grad (Skills Evaluator)

Opportunity Awareness Resources Career briefings online Briefings: Available online or to take away

Opportunity Awareness Resources

Opportunity Awareness Resources www. careers. ox. ac. uk/options-andoccupations/what-alumni-have-done/ http: //russellgroup. org/Informed. Choiceslatest. pdf

Opportunity Awareness Resources www. icould. com

Taking Action

Careers Education • RIASEC Party – John Holland • 3 Minute Motivator – John Lees www. johnleescareeers. com • Dream Future – WP Team, University of Oxford • Alumni Quiz

Careers Education • What do your students need? A lack of resources makes 1: 1 Careers Advice challenging to deliver, how can we work together? • Off-the-shelf resources? • Podcasts on hot topics? • Multi-school events? • What else?

Useful resources www. careers. ox. ac. uk www. prospects. ac. uk www. targetjobs. co. uk http: //unistats. direct. gov. uk/ www. insidecareers. co. uk/ www. allaboutcareers. com/ http: //www. highfliers. co. uk/

Questions?