At Pixujob, we believe that a university student's future earnings depend more on the degree they do, the industry they aim for and deeds done outside the lecture hall, than which university they go to.
With youth unemployment about twice the national average, there's fierce competition for jobs, showing the need for job applicants to broaden the way they can demonstrate to a prospective employer who they are in an authentic way.
Our own research has shown that the top list of employers wants are a graduate’s self-management skills, initiative, problem-solving skills and teamwork skills.
Furthermore, trends have shown that Australia is moving away from a mining economy towards a technology economy and STEM (science, technology, education and maths) graduates are going to be more and more valuable to employers over time.
Three areas of employment with a focus on new graduates are:
It is one of Australia's largest areas of employment, with almost 13 per cent of all jobs.
"Graduates who are getting jobs quickly at the moment are from the health sciences area, in everything from medicine and nursing, to pharmacy and radiography and physiotherapy," GCA spokesman Bruce Guthrie says.
"The health sector is not hugely affected by economic upturns and downturns."
Australia will face a shortfall of 109,000 registered nurses by 2025, according to Health Workforce Australia. The Department of Employment reports that 273,000 registered nurses will be needed in 2020 (up by 17.9 per cent from 231,000 in 2015).
Degree: Bachelor of nursing
Pay: $56,529 to $79,383. Specialise and study a graduate degree and earnings lift.
There are about 85,600 software and applications programmers employed in Australia and by 2020, that will grow by 17.2 per cent to 100,200, Department of Employment figures show.
"Software engineering and computer science disciplines are still getting the most attention from employers," Mike Casey, co-founder of graduate site GradConnection, says.
"A large number of employers want to hire software engineering students but there is just not the supply coming out from universities."
Degree: Bachelor of information technology/ bachelor of computer science /bachelor of software engineering
Start Pay: $53,000
Australia has about 56,900 solicitors. By 2020, that number is expected to grow to 68,900 – a growth rate of 21.1 per cent.
"Law is an interesting one. While a lot of law graduates will go on to practise law, many others study law just because it's a prestigious degree which opens a vista of other occupations," Guthrie says.
"You generally have to be a higher calibre of student to get into a law degree, so it already marks you out as a good prospect for recruiters."
Many jobs once performed by young lawyers are automated or have gone offshore so intending law students have an opportunity to build their own technology skills and be open to international work.
Degree: Bachelor of laws (LLB)
Start Pay: $58,200
We know that most students choose a university course based on their own interests and aptitude rather than picking a degree for its potential future income. This is in keeping with our philosophy at Pixujob where we encourage our applicants to #beyourself.
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