Job prospects and graduate salary are two of the most
important factors for students when it comes to deciding
which university to attend, the Universities Minster has
revealed today (21 June).
The new
research undertaken by the Department for
Education (DfE) shows the value of the Teaching Excellence
and Student Outcomes Framework (TEF) for prospective
students. It comes on the same day that the DfE released a
record amount of data showing graduate
outcomes for every university in England -
revealing the average earnings and likelihood of
employability 1, 3 and 5 years after graduation.
The new information highlights the huge variations in
outcomes depending on what subject and where students go to
study, demonstrating just how this information can help
students and their families find the right place for them.
For example, for Economics graduates the median earnings
ranged from £17,000 at the lowest institution to £68,600 at
the highest 5 years after graduation , whereas for Medicine
and Dentistry median earnings range between £42,100 and
£49,800.
Universities Minister said:
This Government is increasing the information available
to students so that they can make informed choices about
what and where to study.
I am hugely encouraged to see that students and
applicants are already using the TEF to inform their
decision about where to study. Their voice is helping to
develop the new subject-level TEF and helping to put even
more clear information into the hands of students.
We know that employability and salary are key things that
students look at when deciding where to study, but for
many it goes beyond this and that’s why we’ve made the
decision to publish over half a million cells of data
showing graduate outcomes for every university.
With more data than ever before being made available to
students, has also announced plans
to work with coders and tech companies to create new
digital tools to help students choose where to study.
The Universities Minister will unveil the competition to
create this app, worth £125,000 on Monday, 25 June.