MSc degree and job

MSc degree and job

What is required for a first job?

The required level of education for first employment positions is an MSc degree, say 70% of respondents, 8% less than considered it a necessity last year.

Although the unemployment rate for graduates in the 2013 survey is just a bit lower than for those of the 2012 survey, and the number of vacancies – in the Netherlands and elsewhere – decreased in 2012 and 2013,  from 101,700 to 94,700[1], this percentage shows that RSM graduates are still able to find a job at master degree level.


Required level of education compared to 2012 and 2011

There’s divided opinion amongst 2013 graduates whether or not specialisation is required to win jobs at MSc level. About half (56%) think ‘my specialisation or a connected specialisation’ is required for first employment positions, but only marginally fewer respondents (39.5%) think ‘no specific specialisation’ is required.

It could be interpreted that the subject of the master programme studied is becoming less important.

However, there are illustrations that point to exceptions. A master graduate in Supply Chain Management is most likely (67%) to find a job for which this or a connected specialisation is required, different from 2012 when graduates in Marketing Management had this idea.

Required specialisation for a job compared to 2012 and 2011
Required specialisation divided per Master programme

This year we also asked respondents to tell us if their master programme connected in any way to their job. A resounding majority, 73%, of all respondents agreed[1] that there is a connection.

Individually, Master programmes with 10 respondents or more indicating a connection are: Business Information Management (93%), Supply Chain Management (86%), Finance & Investments (76%), Marketing Management (73%), CEMS (71%) and Strategic Management (64%).

The positive response from 86% of Supply Chain Management graduates is not unexpected! Earlier in the survey, 67% of Supply Chain Management respondents said their job required ‘my own or a related specialisation’. Apparently in this case there is no difference between expectation and reality.

[1] Either ‘agrees’ or ‘strongly agrees’ to the question

Connection of the Master programme to the current job divided per Master programme