Where did the 2000 Bachelor of Finance graduates go ? |
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Careers
Education and Placement Centre
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The information in this paper is extracted from the Graduate Employment Survey of 2000 to answer the following questions about Bachelor of Finance graduates : -
Of the 114 graduates from this programme, 100 responded to the survey. Their employment situations are listed below.
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BFIN
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HKU
Overall*
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2000
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1999
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2000
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1999
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No. |
% |
No. |
% |
No. |
% |
No. |
% |
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No. of respondents |
100 |
100 |
100 |
100 |
2575 |
100 |
2475 |
100 |
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Employed |
90 |
90 |
86 |
86 |
2030 |
79 |
1928 |
78 |
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Unemployed seeking F/T job |
0 |
0 |
4 |
4.0 |
59 |
2.3 |
79 |
3.2 |
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Further Studies |
10 |
10 |
8 |
8.0 |
461 |
18 |
455 |
18 |
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Emigrated/Returned to home country |
0 |
0 |
2 |
2.0 |
2 |
0.1 |
4 |
0.2 |
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Not seeking F/T job |
0 |
0 |
0 |
0 |
23 |
0.9 |
9 |
0.4 |
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* HKU Overall refers to the figure for the total HKU population and includes M.B.,B.S. and B.D.S. graduates.
Ten graduates proceeded to further studies. The tables below show the academic programmes that they pursued and their sources of funds.
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Academic Programme |
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Field of Study |
M. Phil |
Master (Coursework) |
Postgraduate Certificate |
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Education |
- |
- |
1 |
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Finance |
- |
1 |
- |
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International Money & Banking |
- |
1 |
- |
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Social Sciences |
1 |
3 |
1 |
No Response = 2
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Source of Funds |
No. of Graduates |
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Own Funds |
6 |
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Teaching Assistantship/Studentship |
3 |
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Government Grant & Loan |
1 |
The time taken for graduates to secure employment is shown below.
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% of new graduates who have secured employment |
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By the end of |
2000 |
1999 |
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May or before |
30% |
24% |
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June |
60% |
52% |
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July |
80% |
71% |
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August |
96% |
86% |
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September |
100% |
94% |
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October |
100% |
98% |
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November |
100% |
100% |
No Response = 7
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.
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% of graduates |
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Sector |
2000 |
1999 |
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Commerce & Industry |
89% |
91% |
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Educational Institutions |
4.9% |
3% |
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Community, Social & Personal Services |
3.7% |
5% |
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Civil Service |
2.4% |
1% |
No response = 7
The remuneration received by graduates in Finance is shown below.
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Basic Salary |
Gross Income |
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BFIN |
HKU Average* |
BFIN |
HKU Average* |
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2000 |
1999 |
2000 |
1999 |
2000 |
1999 |
2000 |
1999 |
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Mean |
$11,680 |
$10,110 |
$14,125 |
$14,480 |
$13,003 |
$11,608 |
$15,448 |
$15,716 |
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Median |
$11,513 |
$10,000 |
$12,000 |
$10,870 |
$12,754 |
$11,000 |
$13,000 |
$11,917 |
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Minimum |
$8,000 |
$1,000 |
$1,300 |
$1,000 |
$9,750 |
$3,000 |
$3,000 |
$3,000 |
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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.
The number of job offers received by graduates in Finance is shown in the following table.
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No. of job offers received |
No. of graduates (% of graduates) |
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One |
24 (29%) |
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Two |
21 (26%) |
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Three |
15 (18%) |
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Four |
8 (9.8%) |
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Five |
6 (7.3%) |
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Six |
3 (3.7%) |
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Eight or more |
5 (6.1%) |
No Response = 7
The job titles of graduates in Finance in full-time employment and the names of their employers are listed below.
Employers |
Job Titles |
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CIVIL SERVICE - |
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EDUCATIONAL INSTITUTIONS - |
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COMMUNITY, SOCIAL AND PERSONAL SERVICE |
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COMMERCE AND INDUSTRY - |
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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