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Developing graduates with an extra dimension. Richard Wilcock, Careers Service. Labour market. “The jobless total for 16 to 24-year-olds hit a record high of 991,000 in the quarter, a jobless rate of 21.3%” 1 1 www.bbc.co.uk/news/business-15271800. Graduate labour market. 1,800 : 80.
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Developing graduates with an extra dimension Richard Wilcock, Careers Service
Labour market “The jobless total for 16 to 24-year-olds hit a record high of 991,000 in the quarter, a jobless rate of 21.3%”1 1 www.bbc.co.uk/news/business-15271800
Graduate labour market 1,800 : 80 Applications : roles, major FMCG 60 Average number of applicants per vacancy >60% Graduates receive a 2:1 or better 100% More applications in 2010 than 2008 400,000 £18-25k New graduates each year Average graduate salary
What it means to be an employable graduate Degree = employment • Degree + extracurricular = employment 90s • UCAS tariff + 2:1 degree + good university extracurricular + work experience = employment • Higher UCAS tariff + 2:1 degree + top university extracurricular + work experience of measurable value + own personal brand = employment Now ? • What will the future be?
White paper “We will radically improve and expand the information available to prospective students, making available much more information about individual courses […] and graduate employment prospects [...] including on employment and earnings outcomes...”
Objective “To ensure our graduates have the extra dimension in order to make them the stand out choice for employers”
Principles • engage the majority of students as opposed to the current minority; • engage with students as early as possible in their undergraduate careers; • ensure students participate in only one main intervention to avoid the current situation of a minority of keen students monopolising the places on the majority of interventions; • ensure that each intervention is accompanied by before and after support to ensure that students are appropriately prepared and effectively followed up; • make access to as many opportunities as possible a competitive process (to identify best candidates and simulate selection processes – those unsuccessful can be signposted to alternatives.
University of Leicester Employability Vision Developing graduates with the extra dimension How to tell your story (‘after’ interventions) Internships (1,000) Leicester Award (3,000) Part-time work (2,500) Projects /competitions (1,000) Volunteering (3,000) Enterprise (500) Curriculum interventions Post-graduation support (100) Development of skills/competencies Funnelling and preparation (‘before’ interventions) Students’ Union Students Departments Engagement/responsibility