The job market for PhDs, autumn 2013
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Job Market for PhDs, Autumn 2013 Elizabeth Wilkinson University of Manchester Careers Service
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This is part of our Essential Guide to Careers for Postgraduates from the University of Manchester Careers Service, and looks at the job market for PhDs in autumn 2013
Transcript of The job market for PhDs, autumn 2013
Job Marketfor PhDs, Autumn 2013
Elizabeth WilkinsonUniversity of Manchester Careers Service
What I’ll cover
• Today’s job market– Academic job market– Where do PhD go after graduating?– “Top” graduate recruiters– Recruiters targeting University of Manchester students– Global labour markets
• What UK employers think of PhDs• Which jobs to target• When to start your job search
Academic job market
Looks fairly healthy, but ...
• Increase in senior staff
• Squeeze on entry level positions
HESA – www.hesa.ac.uk
Future?
• High Fliers Research– Graduate Review, Summer 2013– “Top” graduate employers – the big names– Only accounts for ~17,000 graduate jobs
(around ½ million new FT grads in UK each year)
• So, how bad is it …?
High Fliers, June 2013http://www.highfliers.co.uk/download/GMReview13.pdf
What are the odds?
Accounting & professional services 3955
Public sector 2988
Investment banking 2343
Engineering & Industrial 1343
Retailing 1220
Armed forces 1212
Banking & finance 793
Law 785
IT & telecommunications 610
Consulting 609
Oil & energy 556
Consumer goods 353
Media 294
The vacancies
High Fliers, June 2013http://www.highfliers.co.uk/download/GMReview13.pdf
The Good News …
• Over 670 ads, for full-time jobs on CareersLink
• More than Milkround, Target or Prospect
• 48% from SMEs
Global job markets?
Going GlobalDetails of local job market for 40 countries
• “Global mindset” – sought by half of large UK graduate recruiters in recent AGR survey
• www.manchester.ac.uk/careerslink
Why Should An Employer Want A PhD?
• 2010 CIHE report, 100 UK senior managers• 7 out of 10 looked for PhDs
LovedAnalytical skills (86%)
Specialist knowledge (86%)Research/technical skills (87%)
LikedNew ideas & ability to
innovate (73%)
So-soMaturity (53%)
Not convinced…Guaranteed high calibre
candidate (36%)Leadership potential (36%)
CIHE report: Talent Fishinghttp://www.cihe.co.uk/talent-fishing-what-businesses-want-from-postgraduates
Which Jobs To Target?
• “PhD/Postgraduate Entry Schemes”– Not very common – R&D, some consultancies
• Direct entry– Where the majority find jobs
• “Graduate Entry Schemes”– Competitive, may be fast track to
management, may accept PhDs– Sometimes a second step for UGs/Masters
When to start looking ...
• Large organisations,
graduate schemes– Often recruit once a
year, often autumn
• Smaller organisations,
“one-off” jobs– Recruit closer to when
they need you
www.manchester.ac.uk/careers/pg
