How Victorian universities fare for graduate employment and salaries

Graduates of some of Victoria’s top-rated universities have among the lowest rates of employment and starting pay.

The Good Universities Guide, out today, rates the state’s unis as among the nation’s worst for graduates’ full-time employment and salaries.

The University of Melbourne and Monash University were awarded five stars for student demand and retention; Melbourne was the university most in demand in Australia.

But graduates of both fell below the national median starting salary of $58,000.

Monash graduates’ median starting salary was $57,000 — $100 less than Victoria University and $400 less than Swinburne University. Melbourne graduates’ median salary was the second lowest of the 39 institutions analysed, at $53,000.

RMIT University had the lowest in the nation, at $52,200.

The only Victorian universities with starting salaries above the national average were Federation University ($60,000), and the Australian Catholic University (ACU) ($58,000).

Graduates of the University of Southern Queensland had the best starting salaries in Australia, at $63,800.

Melbourne University graduates were also among the lowest-rated in getting a full-time job: just 62.9 per cent were in work four months after their course.

Only two Victoria-only institutions achieved above the national average of 70.6 per cent for full-time employment.

They were Monash University, at 71.7 per cent, and Federation University, at 71 per cent. The best-rated was the multi-campus Charles Sturt University, at 84.6 per cent.

An analysis of students who are the first in their family to attend university found Victoria’s Federation University, which has campuses across regional Victoria, had the top national rating.

Among its students, 44 per cent had parents who had not completed any education beyond Year 12.

 

This article originally appeared in the Herald Sun – Victorian universities among Australia’s worst for graduate full-time employment and salaries

Leave A Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.