RSMs graduate survey reveals proactive students find best job opportunities in the Netherlands
RSM’s graduate survey reveals proactive students find best job opportunities in the Netherlands
70% of graduates find jobs before graduation, 76% choose to stay and work in the Netherlands
April 2012. The Graduate Placement Survey by Rotterdam School of Management, Erasmus University (RSM) shows that students are not waiting until the end of their programme to start finding a job. The RSM Graduate Placement Survey 2011, the first of its kind for Master of Science graduates amongst Dutch business schools, found that 70% of students start looking for employment before they receive their degree. Graduates’ searches certainly are successful with only 3% still looking for a job 12 months after they leave.
“There is a clear message in this report for recruiters not to wait until the year’s end when it comes to finding top talent. Not only are students pro-active in finding job opportunities for themselves, they also start making use of their contacts early,” says Prof.dr Steef van de Velde, the Dean of RSM, referring to the statistic that 70% of students make use of their own network of contacts to find a job. The Dean believes that future employers can do more to capture the best students earlier in their studies.
Another finding of the report was that 76% of graduates choose to stay in the Netherlands, perhaps surprisingly for such an internationally diverse group (the RSM student community is made up of over 80 nationalities). This could be interpreted as a favourable comment on the strength of the Dutch labour market, at a time when others in Europe appear to be more fragile.
From the survey it also appears that RSM Masters graduates experience stability early in their careers, with 54% given a permanent contract within a year. According to Cécile Reulen, Career Services Manager at RSM: “I am positively surprised. There are a lot of stories about unemployment among young people, but a huge majority of our Masters graduates is no longer looking for a job 12 months after graduation. They are finding jobs relatively quickly (in an average of 4 months) and notably, these positions are appropriate to their Masters qualification. So it seems likely they are not just taking any job, but one that fits their education.”
The Graduate Placement Survey report is an initiative of RSM’s Career Services in co-operation with RSM’s department of Corporate and Alumni Relations. It looks into the employment circumstances of the school’s MSc graduates one year after they leave, including salary, location and industry. The study was carried out in October 2011 amongst all RSM 2010 Master graduates. The survey results were based on 286 responses (a response rate of 31%).