How much does your university reputation and degree classification determine your job/salary?
For example (intentionally picking a competative field), if one is to graduate from a uni like say QMUL with a first class honours in economics...do they have as much of a chance to get into a career like investment banking as one with a first from say UCL? Not just for investment banking in particular, just thought I'd pick a competative field for this example.
So how much are university reputation and degree classification factors in determining future job prospects and salary, and even future in the career...do these factors have any part to play when people are promoted to executive level/managerial jobs?
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Davy-Jones
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- 27-07-2009 03:10
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Joel4fun4u
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- 27-07-2009 03:34
(Original post by Davy-Jones)
How much does your university reputation and degree classification determine your job/salary?
For example (intentionally picking a competative field), if one is to graduate from a uni like say QMUL with a first class honours in economics...do they have as much of a chance to get into a career like investment banking as one with a first from say UCL? Not just for investment banking in particular, just thought I'd pick a competative field for this example.
So how much are university reputation and degree classification factors in determining future job prospects and salary, and even future in the career...do these factors have any part to play when people are promoted to executive level/managerial jobs?
In real life, which university you go to doesn't make much difference to employment prospects, it's what class degree you got/what kind of work experience you have/what kind of person you are that seals the deal.
Now watch and see what the rest of this forum thinks. -
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- 27-07-2009 03:36
(Original post by Davy-Jones)
How much does your university reputation and degree classification determine your job/salary?
For example (intentionally picking a competative field), if one is to graduate from a uni like say QMUL with a first class honours in economics...do they have as much of a chance to get into a career like investment banking as one with a first from say UCL? Not just for investment banking in particular, just thought I'd pick a competative field for this example.
So how much are university reputation and degree classification factors in determining future job prospects and salary, and even future in the career...do these factors have any part to play when people are promoted to executive level/managerial jobs?
But in the end, theyre just peices of paper.
You make things happen for yourself.
I'd say 80% of the worlds billionares didnt even attend college.
They all did, however, work their arse off for the money -
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- 27-07-2009 03:39
Very detrimental and DO NOT listen to the dumbasses who say it doesn't because most of them go to the lowest of the low universities and are trying to comfort their own failure with their wishful thinking.
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oo_Lucinda_oo
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- 27-07-2009 03:56
Degree class is very important. Uni name is less so, but I suppose every little helps.
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MichaelScofield
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- 27-07-2009 09:33
Degree class is very important. Uni name is less so, but I suppose every little helps. -
Jormungandr
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- 27-07-2009 09:38
(Original post by MichaelScofield)
That's just completely incorrect. It's far closer to being the opposite. -
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- 27-07-2009 09:38
I have a feeling that most of the people who will post a response to this are either undergrad students, or not even in uni yet - so you're not really going to get a reasonable answer - those that go to a 'top' uni will say the name is important, those that don't will say its not - the only people who's opinions matter are employers, so I suggest getting in contact with the HR/Recruiter in the area you want to work in and try wrangle an answer out of them - because answers from people who haven't graduated and aren't employing people are going to be matters of opinion rather than facts you can depend upon.
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- 27-07-2009 09:41
As far as I know for competitive fields such as IB it comes down to:
Did they get a 2:1/1:1.
Did they graduate from Oxford, Cambridge or LSE.
I'm not exactly as expert though.
I also know Imperial graduates have good prospects. Someone said in the CompSci forum so take it with a pinch of salt that the average CompSci student from Imperial has a starting wage of 30k+ :O
So the institute name on that piece of paper is important yes, at least from the information I've been given. -
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- 27-07-2009 10:05
You only need to look at the entry requirements for many graduate schemes, which typically require a 2:1 and a certain number of UCAS points, to see that where you got your degree from does matter. Why would they use A-level results to select candidates instead of increasing the minimum classification to a 1:1? Because students with top A-level results go to the top universities and they would rather have someone who got a 2:1 at Russell Group university that a 1:1 at a former polytechnic. I'm not saying it's fair, but that's how it appears to be.
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- 27-07-2009 10:14
There are a few jobs out there that target graduates of certain universities, and for these, institution name is pretty important. However, we're talking about a few hundred out of 300,000 graduates, so I'm happy to write off that 0.2% for now. All the evidence we have on this points to institution name not mattering as much as you think, and it being used as one of the last things (if at all) to split two very even candidates. In other words, its pretty insignificant in a lot of cases. Degree class matters more- but the difference isn't between a first and a 2:1, its between the all-important 2:1 and lower grades. A bigger difference still is the degree subject, which has been totally missed on this thread so far.
Thats really all there is to it. Although I must be biased saying that name/getting a first doesn't matter while degree subject does, since I obviously missed out on a first, went to an ex-poly, and hate arts grads...
Oh, wait, no, sorry... I'm the opposite. -
GodspeedGehenna
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- 27-07-2009 10:30
What's a 1:1?
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0_YouKnowIt
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- 27-07-2009 10:36
(Original post by GodspeedGehenna)
What's a 1:1? -
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- 27-07-2009 10:37
1st class honours?
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GodspeedGehenna
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- 27-07-2009 10:37
(Original post by 0_YouKnowIt)
Really a First degree. No such thing as 1.1 -
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- 27-07-2009 10:39
(Original post by Lrilol)
As far as I know for competitive fields such as IB it comes down to:
Did they get a 2:1/1:1.
Did they graduate from Oxford, Cambridge or LSE.
I'm not exactly as expert though.
I also know Imperial graduates have good prospects. Someone said in the CompSci forum so take it with a pinch of salt that the average CompSci student from Imperial has a starting wage of 30k+ :O
So the institute name on that piece of paper is important yes, at least from the information I've been given. -
0_YouKnowIt
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- 27-07-2009 10:40
(Original post by GodspeedGehenna)
Congrats. You got my joke.
It realy seemed like you were clueless. -
0_YouKnowIt
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- 27-07-2009 10:41
(Original post by ashy)
I'd say some people are dragging down the average, then. One of my flat mates is on a work placement with Morgan Stanley for 6 months earning £36k pro rata, and she'll probably get a full time job with them paying the same if not more. -
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- 27-07-2009 10:43
(Original post by 0_YouKnowIt)
Is she an Imperial graduate then?
I'm a graduate -
MichaelScofield
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- 27-07-2009 12:49
Are you serious? There's a reason most graduate programs including those in accounting, banking, law, etc. require a 2.1. They don't make exceptions for Oxbridge graduates with less than that, and if they do it's for reasons other than their university.
Basically, you're just wrong.
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