Graduates in Medicine, Optics and Optometry and Pharmacy have more opportunities to access the job market, according to a study by the BBVA Foundation and the Valencian Institute for Economic Research
To know the degree of employability of each degree, the Valencian Institute of Economic Research (IVIE) and the BBVA Foundation have created a labor insertion rate which seeks to determine which are the university majors that offer the best chances of finding a job. Both entities have disclosed these indices in a report entitled Labor differences depending on the career taken.
By area of knowledge, 78% of university graduates who have studied a career related to Engineering and Architecture have a higher-than-average job placement weighted number of university graduates, according to the study. The same happens with 72% of graduates of degrees in Health Sciences. In fact, the 10 careers with the highest job placement in the study come from these branches of knowledge.
On the other hand, just 14% of graduates in careers related to Arts and Humanities have an employability index higher than the average, according to the study prepared by the aforementioned entities.
The following graph summarizes the job insertion rate of university graduates according to the branch of teaching of the degree they have studied:
Image: BBVA Foundation / IVIE
Those responsible for the report have determined the job placement rate for each career from three variables: the percentage of graduates who have a job after their studies, calculated on the basis of the Social Security affiliation rate; the proportion graduates with a job commensurate with university qualification and the wage level, defined by the average contribution base to Social Security for each profession. “Ultimately, the rate is positive when graduates of a degree obtain a job and it is of quality,” the study points out.
These three variables come from the data of university graduates from the 2013-2014 academic year, who have been monitored by the Ministry of Science, Innovation and Universities during the 4 years after graduation. In this way, the data indicate the professional trajectory of thousands of young people, up to 30 years old, who have completed one of the 99 university degrees analyzed by research.
The 10 degrees with the most professional opportunities
By examining the employment insertion indicators for specific university degrees from the BBVA Foundation and IVIE study, it is possible to determine which are the 10 careers that offer the most job opportunities. Discover them!
The Medicine career has the highest job placement indicator among all university studies, with a rate of 1.47. According to the report, 92.1% of Medicine graduates have a job and 99.7% have a job commensurate with their qualification.
Likewise, Medicine graduates receive income from 34,290 euros gross per year (Social Security contribution base) after four years of graduation.
2. Optics and Optometry
The labor insertion indicator of the Degree in Optics and Optometry is 1.24. In addition, 90.6% of the graduates of this career occupy a job and 93.3% have a job that matches their qualifications. The contribution base for these graduates is 22,402 gross euros per year.
The labor insertion rate of the graduates in Pharmacy is 1.22. In addition, 84.4% of graduates have a job, while 87.8% have a job according to their qualifications. However, the average contribution base of these graduates is 24,525 euros gross per year.
4. Aeronautical Engineering
The index of labor insertion of graduates of Aeronautical Engineering is 1.22, similar to that of Pharmacy graduates. In addition, 71% of Aeronautical Engineers have a job and 82.7% of them occupy a position according to their qualifications. On the other hand, the average contribution base of these graduates is 30,453 gross euros per year.
5. Engineering in Industrial Technologies
The indicator of labor insertion of graduates in Industrial Technologies Engineering is also 1.22, like that of graduates in Pharmacy and Aeronautical Engineering. However, in this case the 79.6% of graduates of this university career have a job and 76.2% of them occupy a position appropriate to their professional qualification. Likewise, the contribution base of these professionals is 29,458 gross euros per year.
The job placement rate of those who have graduated from Nursing is 1.21, since 70.7% have a job and 94.7% of them have a job that matches their training, that is to say, that their job is of quality. In addition, the contribution base of these professionals is 26,381 euros gross per year.
7. Computer Engineering
Graduates in Computer Engineering or Informatics Engineering have a labor insertion index of 1.19. Although 90.9% of these professionals have a job 4 years after graduating, only 63.3% of them hold a qualified job, which means that workers in this field are overqualified, according to the study. The average contribution base of these professionals is 29,295 gross euros per year.
8. Telecommunications Engineering
The job placement rate for Telecommunications Engineers is similar to that of Computer Engineers, from 1.19. 81.1% of Telecommunications Engineering graduates have a job, but only 71.9% of them have a job according to their training. Likewise, these professionals have an average contribution base of 28,737 euros gross per year.
9. Software and Applications Development
The labor insertion rate of those who have obtained a Degree related to Software and Applications Development is 1.18, placing this type of studies in ninth place in university degrees with better job prospects. In addition, 83.3% of graduates in this field have a job, but 65.7% of them occupy a position below their qualification. Regarding the average contribution base of these graduates, this is 29,794 gross euros per year.
10. Energy Engineering
Who have studied Energy Engineering have a labor insertion rate of 1.18. In this case, 79.6% of graduates are employed, but 76.7% of them have a job according to their training. Likewise, the average contribution base of these professionals is 26,412 euros gross per year.
Planning the offer of studies, key for the future
The report states that it is necessary that Universities and administrations take into account the results of the research to plan the offer of studies and orient it towards the fields most demanded by companies.
It also proposes to “make efforts” so that information about job opportunities in each field of study reaches families, students, and guidance professionals academic and professional, so that they know and take it into consideration when choosing a degree.
If you want more information on the university degrees with the best and worst results, according to the BBVA Foundation’s employment insertion indicator and the IVIE, consult the full report of these entities or the following table.
Image: BBVA Foundation / IVIE
You can also check the 10 careers with the most professional opportunities, according to another report prepared by the Ministry of Science, Innovation and Universities, and released recently.
Did you know…?
60% of the graduates analyzed by the study are women, with a proportionally greater participation in the fields related to Health, Education, Languages and Social Sciences.
On the contrary, the female presence is a minority in almost all Engineering, while, in the Infant Education Degree, 95% of graduates are women.