Where did the 2000 Bachelor of Finance graduates go ?

 
Careers Education and Placement Centre

I. Introduction

The information in this paper is extracted from the Graduate Employment Survey of 2000 to answer the following questions about Bachelor of Finance graduates : -

 

II. Employment Situations in 2000

Of the 114 graduates from this programme, 100 responded to the survey. Their employment situations are listed below.

 
BFIN
HKU Overall*
 
2000
1999
2000
1999

No.

%

No.

%

No.

%

No.

%

No. of respondents

100

100

100

100

2575

100

2475

100

Employed

90

90

86

86

2030

79

1928

78

Unemployed seeking F/T job

0

0

4

4.0

59

2.3

79

3.2

Further Studies

10

10

8

8.0

461

18

455

18

Emigrated/Returned to home country

0

0

2

2.0

2

0.1

4

0.2

Not seeking F/T job

0

0

0

0

23

0.9

9

0.4

* HKU Overall refers to the figure for the total HKU population and includes M.B.,B.S. and B.D.S. graduates.

III. Further Studies

Ten graduates proceeded to further studies. The tables below show the academic programmes that they pursued and their sources of funds.

Academic Programme

Field of Study

M. Phil

Master (Coursework)

Postgraduate Certificate

Education

-

-

1

Finance

-

1

-

International Money & Banking

-

1

-

Social Sciences

1

3

1

No Response = 2

Source of Funds

No. of Graduates

Own Funds

6

Teaching Assistantship/Studentship

3

Government Grant & Loan

1

 

IV. Time Taken to Secure Employment

The time taken for graduates to secure employment is shown below.

% of new graduates who have secured employment

By the end of

2000

1999

May or before

30%

24%

June

60%

52%

July

80%

71%

August

96%

86%

September

100%

94%

October

100%

98%

November

100%

100%

No Response = 7

V. Employment Sectors

The majority of graduates in Finance were employed in commerce & industry, while others were employed in educational institutions, community, social & personal services and the civil service.

% of graduates

Sector

2000

1999

Commerce & Industry

89%

91%

Educational Institutions

4.9%

3%

Community, Social & Personal Services

3.7%

5%

Civil Service

2.4%

1%

No response = 7

 

VI. Basic Salary and Gross Income

The remuneration received by graduates in Finance is shown below.

 

Basic Salary

Gross Income

BFIN

HKU Average*

BFIN

HKU Average*

2000

1999

2000

1999

2000

1999

2000

1999

Mean

$11,680

$10,110

$14,125

$14,480

$13,003

$11,608

$15,448

$15,716

Median

$11,513

$10,000

$12,000

$10,870

$12,754

$11,000

$13,000

$11,917

Minimum

$8,000

$1,000

$1,300

$1,000

$9,750

$3,000

$3,000

$3,000

Maximum

$26,000

$20,000

$58,000

$58,000

$26,000

$21,000

$74,967

$60,000

* HKU Average refers to the figure for the total HKU population and includes M.B.,B.S. and B.D.S. graduates.

 

VII. Number of Full-Time Job Offers

The number of job offers received by graduates in Finance is shown in the following table.

 

No. of job offers received

No. of graduates (% of graduates)

One

24 (29%)

Two

21 (26%)

Three

15 (18%)

Four

8 (9.8%)

Five

6 (7.3%)

Six

3 (3.7%)

Eight or more

5 (6.1%)

No Response = 7

VIII. Names of Employers and Job Titles

The job titles of graduates in Finance in full-time employment and the names of their employers are listed below.

Employers

Job Titles

CIVIL SERVICE -

  • HKSAR - Fire Services Department
  • Station Officer
  • HKSAR - Information Services Department
  • Information Assistant
  •    

    EDUCATIONAL INSTITUTIONS -

  • Buddhist College
  • Teacher
  • The University of Hong Kong
  • Demonstrator
  • The Chinese University of Hong Kong
  • Research Assistant
  • Organizations name not reported
  • Teaching Assistant
  •  

    COMMUNITY, SOCIAL AND PERSONAL SERVICE –

  • Brilliant Learning Centre
  • Tutor
  • TENGIS Limited
  • Company Secretary
  • The Hong Kong Commercial Association
  • Management Trainee
  •    

    COMMERCE AND INDUSTRY -

  • A G Wilkinson & Associates Property Management Ltd
  • Assistant Property Officer
  • AIA
  • Financial Planner
  • AIA
  • Insurance Agent
  • AIG Investment Corp (Asia) Ltd
  • Securities Lending Administrator
  • Arthur Andersen & Co
  • Business Consultant
  • Arthur Andersen & Co
  • Consultant
  • Arthur Andersen & Co
  • Staff Accountant
  • Bank Consortium Trust Co Ltd
  • Fund Administrator
  • Bank of America N A
  • Operation Trainee
  • Bank of China
  • Officer
  • Bank of China
  • Officer Trainee
  • Bank of Communications
  • Junior Dealer
  • Canadian Financial Consultants Ltd
  • Financial Consultant
  • Cathay Pacific Airways Ltd
  • Flight Attendant
  • Cathay Pacific Airways Ltd
  • Flight Attendent
  • Chase Manhattan Bank
  • Customer Services Representative
  • Dah Chong Hong Limited
  • Management Trainee
  • Dah Chong Hong Limited
  • Management Trainee
  • Dah Sing Bank Ltd
  • Customer Services Officer
  • Dao Heng Bank Group Ltd
  • Personal Banking Trainee
  • Dao Heng Bank Group Ltd
  • Assistant Officer
  • De Hua Materials Testing Ltd
  • Management Trainee
  • Deloitte Enterprise Risk Services Ltd
  • Consultant
  • Deloitte Touche Tohmatsu
  • Entry Level Consultant
  • Deloitte Touche Tohmatsu
  • Staff Accountant
  • Deyond Interactive
  • Account Coordinator
  • Ernst & Young
  • Staff Accountant
  • Ernst & Young
  • Staff Accountant
  • Ernst & Young
  • Staff Accountant
  • Ernst & Young
  • Staff Accountant
  • Esquel
  • Sales Management Trainee
  • Giordano Limited
  • Management Trainee
  • Hang Seng Bank
  • Branch Services Trainee
  • HSBC
  • MPF Servicing Officer
  • Industrial & Commercial Bank of China
  • Management Trainee
  • Inworld (HK) Ltd
  • Marketing Executive
  • KGI Hong Kong Ltd
  • Customer Service Represetative
  • KPMG
  • Accountant
  • KPMG
  • Accountant
  • KPMG
  • Accountant
  • KPMG
  • Accountant
  • Liu Chong Hing Bank
  • Executive Trainee
  • Ming Pao Newspapers Ltd
  • Assistant Editor
  • National Resources Security Ltd
  • Management Trainee
  • National Resources Security Ltd
  • Management Trainee
  • New World PCS Ltd
  • Graduate Trainee
  • New York Life Insurance Worldwide Ltd
  • Business Development Executive
  • Nortel Networks (Asia) Ltd
  • Messaging Localization Specialist
  • Outblaze Ltd
  • WebDesigner
  • Pacific Century Insurance Co. Ltd
  • Management Trainee
  • Pacific Challenge Security
  • Research Trainee
  • Pacfic Century CyberWorks
  • Management Trainee
  • Phillip Securities (HK) Ltd
  • Graduate Trainee
  • PricewaterhouseCoopers Ltd
  • Associate
  • PricewaterhouseCoopers Ltd
  • Auditor
  • Quam (HK) Ltd
  • Research Analyst
  • Quam (HK) Ltd
  • Content Development Assistant
  • RISK Financial Engineering
  • Executive
  • Sa Sa Cosmetics Co Ltd
  • Management Trainee
  • Shanghai Commercial Bank Ltd
  • Management Trainee
  • SSC Security & Future Commission
  • Executive Trainee
  • Standard Chartered Bank
  • Personal Financial Consultant
  • Standard Chartered Bank
  • Personal Financial Consultant
  • State Street Bank & Trust Co
  • Client Accounts Representative
  • The Bank of East Asia Ltd
  • Executive Trainee
  • Thomson Financial
  • Assistant Data Researcher
  • Topsearch Printed Circuits (HK) Ltd
  • Business Analyst
  • UA Cinema Circuit
  • Management Trainee
  • United Chinese Bank Ltd
  • Executive Trainee
  • Wing Lung Bank Ltd
  • Trainee
  • Wing Lung Bank Ltd
  • Officer
  • Organizations name not reported
  • Auditor
  • Organizations name not reported
  • Management Trainee
  • No Response = 7

    Note : Some of the 2000 graduates indicated willingness to talk to individual students about their work. Contact numbers can be obtained from counsellors at the CePc.

     

    XI. Similar information on graduates from other disciplines is available for reference in the Careers Library. Please contact the CePc for further details.

     

    Careers Education and Placement Centre

    3/F Wong Chuang Lai Wah Building

    Meng Wah Complex

    The University of Hong Kong

    Pokfulam Road

    Hong Kong

     

    Telephone : 2859 2314

    Fax : 2559 5238

    E-Mail : CEPC@HKUCC.HKU.HK

    Homepage : http://www.hku.hk/cepc

     

    Opening Hours : Monday - Friday (9:00 a.m. to 5:30 p.m.)

    Saturday (9:00 a.m. to 12:00 p.m.)

     

    Cindy Chan

     

    August, 2001

     

    The analysis is based on information provided by the respondents, and the Careers Education & Placement Centre should not be held responsible for any errors arising therefrom.

     

     

    No part of this report may be reproduced in any form or by whatever means,

    unless with written permission from the Director of the Careers Education and Placement Centre,

    The University of Hong Kong