A new report published by the GMIT Careers Office shows that 94 per cent of GMIT graduates are either in employment or further education, eight months after graduation: 55 per cent of GMIT graduates are in paid employment and 39 per cent are in further education.
The GMIT 2015 First Destination Survey surveyed 1,914 GMIT graduates between November 2015 and June 2016 via online survey, telephone survey, follow-up calls and LinkedIn. With a 93 per cent response rate, the overall status of graduates was:
55 per cent in employment
39 per cent going onto further study
5 per cent seeking employment
1 per cent not available for work or further study
Of the number of graduates in employment, 92 per cent of them are working in Ireland and of that figure 69 per centare working along the western seaboard.
Comparing figures, graduates (excluding unknowns ) in paid employment increased from 49.72 per cent in 2014 to 55 per cent in 2015. This is in line with the national trend.
“Our increase is in line with the national trend of growth in graduate recruitment and reflects the increasing business confidence in the Irish labour market,” says Bridie Killoran, author of the First Destination Survey and GMIT Careers Officer.“Not only is there an increase in employment amongst graduates but the research indicates that graduates are getting excellent jobs with prestigious companies. In addition, students have positively noted the impact of their engagement with the over 200 plus companies who visit GMIT annually.”
“The most prolific sectors of employment are in the Software and ICT Sector, Medical devices, Bio-pharma, Manufacturing, Engineering, Business and Accountancy.”
“The average salary for a GMIT graduate was between €20,000 and €30,000, with the majority at mid-range €25,000 which is in line with the national average. Eight per cent of the GMIT graduates were earning between €30,000 and €35,000, 4 per cent were earning between €35,000 and 40,000 and 5 per cent were earning over €40, 000,” says Ms Killoran.
“Work placements are increasingly important for employers in terms of how they recruit their graduates. Employers use internships and work placements as a long interview and research has shown that 68 per cent of employers said half their graduate intake came from students who had previously completed an internship within their organisation,” adds Ms Killoran.
GMIT Vice President for Academic Affairs and Registrar Michael Hannon says: “This report confirms that GMIT continues to produce employment-ready graduates who are in demand by business and industry. It also highlights that the majority of our graduates are obtaining employment in the local region which is good news as the majority of our incoming students are from the local region, as is the case in many other Higher Education institutions.”
For more information on the GMIT Careers Service, see: http://www.gmit.ie/student-services/gmit-careers
