The material on this website is for information only
and is not intended as any recommendation or endorsement of any products or companies mentioned. We are not licensed by the FSA to give financial advice, and none of the material on this website constitutes or is intended to constitute financial ...
News
Coventry Building Society is axing overdrafts for 15,500 users – and it’s ditching debits cards too  The SunCOVENTRY Building Society is about to axe overdrafts for 15,500 customers while 34,000 users will have their debit cards withdrawn too. The move affects the ...
Metro Bank scraps terms that ban landlords from renting to benefit claimants  Mirror OnlineThe lender has changed its buy-to-let terms to allow landlords to rent to families and those on Universal Credit.
The bull market's secret weapon  MoneyWeekThe bull market in stocks is not over yet. And the huge productivity boom from widespread digitalisation will prolong it further.
Liz Weston: Make your money last in retirement  Daily MailMany people worry about running out of money in retirement. That's understandable, since we don't know how long we'll live, what your future costs might be...
Retirement plans to include property for half of homeowners aged over 45  Property ReporterThe latest analysis from the Equity Release Council has revealed that 51% of homeowners aged 45 and over see money invested in property as part of their.
Have you met...
Latest Members:


Jeremimortinuy


JohnSpolb


17jameszoe


jeniffer


Shirley Scott


Priya Nauak


Schloka

 

Gain the competitive edge- ride out the downturn by retraining

Graduates this year have a few more financial worries than previous years. They are the first to graduate with record levels of student debt having had three years of additional top up fees and now they face a working world in the grip of recession. The answer for some graduates is to retrain. Postgraduate study provides an opportunity to gain qualifications that set you aside from the competition. You improve your chances of getting a well paid job.
According to The Independent on Sunday, the number of postgraduate applications to UCL is a fifth higher than last year, a pattern that has been evident in previous economic downturns: "In the past more students have tended to do postgraduate studies, in particular Masters degrees, during a recession" says Malcolm McCrae, who chairs the UK Council for Graduate Education. "If it goes to form, we would expect a similar trend this year." (Independent)
However think your next move through carefully. Is a postgraduate qualification necessary for your chosen field or would it be better to find temporary part time employment? As Anne-Marie Martin of the University of London career service points out: "It's understandable that people are choosing to apply for postgraduate study, but it's a strategy not without risk. If this recession follows the same pattern as others, recruitment will be much worse next year than this, so you may come out with a Masters and more debt, into a labour market that is even worse."


Postgraduate qualifications may be expensive and won’t guarantee employment, but the job market is unstable regardless. The chances are that a postgraduate degree will improve your employability. As the Higher Education Statistics Agency survey reveals, leavers with postgraduate qualifications were most likely to be in full-time paid work (including self-employment) (78.8%) followed by those with a first degree (75.7%) and leavers with other undergraduate qualifications (71.1%)


If you have the inclination, funds and opportunity to do a postgraduate course make sure you chose one that is a step towards your dream job. The likelihood is that your studies will give you the time and tools to improve your skills and prospects.


http://www.independent.co.uk/student/postgraduate/postgraduate-study/do-higher-degrees-really-improve-your-career-prospects-1642621.html



Advertise with us  |  Privacy  |  Terms & Copyright                                                                                     Website maintained by USP Networks