In the first part of this series, we noted that universities are coming under pressure to show that the education they provide is leading to good employment outcomes, and to demonstrate that they are maintaining their relevance in what is a rapidly changing workforce. However, this presents a huge challenge for universities, especially since data on graduate outcomes is limited and struggles to answer questions such as:
1. Where do your graduates go?
2. Who are they working for?
3. What skills are they using?
We then went on to showcase our new Graduate Profiles Data, particularly how it can be used to answer that first question. But what about the second: Who are your graduates working for?
In that first piece we used anonymised data, but in this piece we want to get a little more specific by using profiles of alumni from Monash University in Melbourne. The following graphic shows the Top 15 employers within Australia that graduates from the university are working for:
As you can see, there are a lot of high profile firms, including some of the biggest names in banking and finance, some of the most prominent corporations such as Telstra and IBM, and also a number of universities. Although this is just a quick snapshot of who Monash alumni are working for, it is clear that many go on to work for some of Australia’s leading employers.
On a general level, the fact that a good many graduates from the university work for these types of employers will come as no surprise. However, what the data does is create a more scientific, evidence-based view of graduate employment outcomes, and as such it is an extremely powerful way for a university to demonstrate its impact, whether to funding bodies, employer groups, or to young people as part of a student recruitment campaign.
What this data doesn’t do, however, is show the sorts of jobs and skills Monash alumni are doing. To that we’ll turn in our final piece in this series.
To find out more about how we can help you understand where your graduates go, who they work for, and what skills they are using, contact us now.