1/10/2018 - 10:04 am

Money or Fame? New Table Ranks Universities by Average Graduate Salary

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Here Youth Time Magazine publishes three of the most interesting and informative youth related news items of the past week. Our weekly news roundup is published every Monday and Friday and contains just some of the most important developments in the world of global youth. Follow, like and submit comments on Facebook and other Youth Time media.

 

Alternative university rankings

An alternative university league table has been released by job search engine Adzuna. It ranks UK universities on how much money graduates earn, rather than their academic reputation.

Surveying thousands of graduates from the country’s top universities, Adzuna researchers were able to calculate the average salary they received in their first years in professional life. At the top of the table was Imperial College London (ICL), whose graduates earned an average of £37,931. By contrast, on the Complete University Guide - considered the authoritative ranking of Britain’s best unis - ICL came fourth.

Cambridge is #1 on the Complete University Guide, but only fifth on Adzuna’s alternative table, with graduates earning £31,447. That was just short of Oxford graduates who are paid £32,374 on average.

Second place on the Adzuna earning rankings was Kings College London, whose graduates earned a starting salary of £33,077. Yet by academic ranking along, KCL is placed at #26 by the Complete University Guide.

Andrew Hunter, co-founder of Adzuna, said: “For those students who are salary-minded, the Alternative University League Table is a great resource, especially as almost all UK universities are charging maximum tuition fees of £9,000 a year.”

“Despite the power of the right university on your CV boosting your salary, students should not automatically assume Oxbridge to be best.”

You can see the full Alternative University Ranking here.

Young Entrepreneurs Alliance

Hundreds of young entrepreneurs gathered in Buenos Aires for the G20 YEA Summit. The acronym stands for Young Entrepreneurs Alliance and the group has an estimated 500,000 members worldwide, boosted by support from the likes of EY and Accenture.

This year’s summit focused on three key topics: education, migration and taxation. The chair of the G20 YEA, Daniel Funes de Rojas, spoke of his vision of a borderless world. There were lectures and workshops on the Fourth Industrial Revolution, referencing the gigantic technologic changes shaping the modern world. Young people were told that they jobs many perform today won’t exist in the future, and that it is their responsibility to develop the new skills and entreprises that will keep people busy and the economy ticking.

Emotional intelligence, they heard, was one key skill that will grow in importance and automation and robotic processes reduce time spent on mundane tasks. This represents what has been named the knowledge economy, where data and its analysis is the most powerful commodity.

The G20 counts organisations, as well as individuals, among its members. In addition to EY and Accenture it works closely with Otum - a blockchain platform.  

Languages across borders

Ireland has decided that it wants to become of one Europe’s premier destinations for language learning. The ministry of education has set up a new website and hopes to attract both young Irish people and students from abroad to learn in the country’s schools.

There will also be funding for postgraduate language teacher training and international language exchange programs. The idea is to immerse Irish youth in other countries to help them deepen their appreciation for languages they might neglect in the classroom.

Not only will students learn foreign tongues, but the teaching will be aimed specifically at helping them secure jobs. It will involve problem solving and networking with colleagues and classmates who speak different languages to replicate future employment settings.

“We have set the ambition to put Ireland in the top 10 countries in Europe for the teaching and learning of foreign languages, as part of our overall goal to have the best education system in Europe,” said Richard Bruton, minister for education.

“I am also delighted to make funding available to support schools in organising student exchanges. We all know that immersion is the best way to learn any language.”

Ireland, though facing challenges related to Brexit, is in a strong position to benefit from soon being the only English speaking country in the EU, with many multinational companies hinting that they may move from London to Dublin.

Photo: Shutterstock

 

Read 119 times Last modified on 1/10/2018 - 10:19 am
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