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More Graduates Are Leaving University With Business and Economics Degrees, Say reed.co.ukGraduate Jobs Survey Conducted by reed.co.uk Suggests New Pragmatism of Current Students. (January 31, 2012)
LONDON, UNITED KINGDOM -- (Marketwire) -- 01/31/12 -- Students across the UK are eschewing arts degrees in favour of more practical business and economics qualifications. A survey of 1086 students conducted by jobs website reed.co.uk shows that over 23% of respondents had taken a business or economics course. Arts and languages racked up 15% of those surveyed, with IT and computer sciences trailing in third place with around 9%.
30% of students asked graduated last year, with the rest spread fairly evenly across the previous four years. 10% of students surveyed are due to graduate in 2012. 35% obtained - or are expected to obtain - a 2:1 in their given subject.
What seems like a pragmatic approach to studies in an increasingly expensive university system is somewhat reflected in the current jobs market. reed.co.uk currently have 12,000 accountancy jobs on their books, with media, digital and creative posts barely clocking up a sixth of that number.
Retail jobs, meanwhile, have over 3,000 positions advertising on the website, with sales jobs in abundance at over 12,000. Financial services positions number close to 7,000, compared to just under 4,000 in the marketing and PR sector.
The trying economic climate of the past few years has seen a boom in temporary jobs, which allow employers to exploit a workforce without committing to any individual. At reed.co.uk, there are currently over 10,000 temporary positions available - mostly around retail jobs and a good volume in customer services.
Another sector which has suffered from the fallout of the recession is property construction and development. With few entrepreneurs prepared to embark on something as risky and expensive as housing, the climate for vocational work is not too hot. reed.co.uk are currently advertising less than 2000 construction jobs.
Despite the expense and uncertain future of the jobs market, the cost/benefit analysis of a university education tells us it's still the best way to go - provided students take a practical course such as business or economics.
To search a broad selection of graduate jobs across all sectors visit reed.co.uk.
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