Buoyant UK Jobs Market puts smiles on Tanaka Business School graduates’ faces

Monica Piercy

Monica Piercy, Head of Careers, Tanaka Business School

The UK’s buoyant economy is proving a very satisfying hunting ground for the graduates of Tanaka Business School, as shown by recent exit surveys carried out by the School’s Career Development Service.

The UK's buoyant economy is proving a very satisfying hunting ground for the graduates of Tanaka Business School, as shown by recent exit surveys carried out by the School's Career Development Service. This year's graduates from the School's full-time MSc and MBA programmes have been asked for information on their professional development since they left the School, and the picture they've painted of the UK jobs market is resolutely upbeat. Below, we've summarised some of the major findings:

MSc Finance :

  • 72% of students received one or more job offers before they graduated, 42% received two or more job offers
  • Graduates are making a beeline for high-performing banking jobs, with 60% of respondents joining investment banks

Msc Management :

  • 66% of students received one or more job offers before they graduated, 33% received two or more job offers

Msc International Health Management :

  • 75% of students received one or more job offers before they graduated, 37.5% received two or more job offers
  • As the NHS continues its drive to change and modernise, we've seen a small but growing number of graduates going into consulting and professional services

Full-Time MBA :

  • 5 graduates have already set up their own companies (10% of students)
  • 57% of students have used their MBA to leverage a career change
  • The average salary increase following graduation has been 108%, with the highest being an amazing 500%
  • 66% of MBA students received one or more job offers before graduating

Monica Piercy, head of the Career Development Service at Tanaka Business School was delighted to see the School's graduates successfully joining the UK job market. She points out that "it's interesting to see the success of the MSc students. We've clearly seen a trend for investment banks to dedicate their recruitment to either MScs in Finance and similar specialised Masters, or PHds in Quantitative Finance; at the expense of previous hiring of undergraduates. As the markets have become increasingly complex, the banks and other market actors are looking for recruits with key specialised knowledge. We've also seen a growth in the number of our MSc in International Health going towards consulting or professional services roles. This is clearly linked to the current need of the NHS to modernise and change, through readapting their offering with the help of consultants and external experts"

She added that the MBA market is evolving as well, with "a gradual dismantling of massive MBA recruitment programmes for companies giving rise to increasing diversity of careers for MBA cohorts". This is highlighted in the range of careers undertaken by our MBA cohort once they have graduated. Students have found jobs working in Banking and Finance (18%), Industry and Engineering (18%), Consulting and Professional services (13%), IT and Internet (5%), Non-profit and public sector (13%), and Energy (5%), amongst others.

Tanaka Business School has made considerable investment in its Careers Development Service over the past two years. The overall careers team has grown by 50% with 6 full-time consultants now working with the School's stakeholders. This increased size has allowed the team to provide a rare service to alumni and part-time students, highlighting the School's drive to invest in its key stakeholders and ensure the resources necessary for continued professional development.

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