Employability and Professional Future, the footprint of Higher Education
From an extract of the Rome Business School – Research Center Report, Employability and Professional Future, we will continue with highlighting the impact of a Master programme on the job market from which it emerges that the acquisition of a post-graduate degree shortens the time taken to approach owns employment levels.
Although data’s confirmation of the effectiveness of the degree to increase the possibility of obtaining the desired job or to improve one’s salary expectations, we found that on a global scale, in an increasingly demanding and competitive market, employers require always more specific skills, more specialized, often obtainable only through a post-graduate degree. In this sense, as highlighted by the Rome Business School’s Employment Report, the advantages, from a professional point of view, that comes from the achievement of a Master’s degree are innumerable. It is evident, in fact, that it helps to increase specialized knowledge and offers a deeper understanding of personal skills, as well as guaranteeing a greater career orientation, skills that are already fundamental in themselves to find space within a specific professional field.
This specific knowledge increases competence in a particular discipline and offers a significant advantage when faces potential employers, who, also due to the so-called “globalization of skills”, are increasingly demanding and increasingly looking for specialized figures to be employed, within the emerging professions. In fact, as the labor market evolves, a Master’s degree denotes a clear intention on the part of the candidate to want to improve the skills of a specific sector, as well as to increase the credibility of the company itself.
Dwelling on some data from the Rome Business School, we note that 40% of students found a job even before finishing their course of study and that 27% were hired within one year of the end of their Master.
It is now known that postgraduate courses with high disciplinary and interdisciplinary specialization make it possible to strengthen and expand knowledge and skills to successfully respond to the needs of the labor market. Furthermore, it is a fact that lifelong learning remains a winning opportunity to more easily find a job, even better paid, or to enhance one’s professional role in step with the changes and needs of the market. In fact, by analyzing some data from the Almalaurea Consortium, it emerges for example that, one year after obtaining the Master, the employment rate is 88.6% overall: 88.4% for 1st level Master graduates and 89.0% for second level graduates.
Therefore, compared to a graduate (master’s cycle), those who acquire a Master’s degree need a shorter time to approach the desired employment levels: it is in fact only five years after obtaining the title that second level graduates reach an employment rate equal to 86.8%, a value in any case still slightly lower, than the ones recorded for Master’s graduates one year after their degree.