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Graduate Starting Salary Analysis – Master’s vs. Bachelor’s Degrees

Geo-Sector Graduates and Undergraduates

Penguin Recruitment Geo-Sector Team

Every year Penguin’s Geo-Sector team places hundreds of professionals into new roles. Every day we discuss employment opportunities, career paths, relevant qualifications… with employers and Geo-Sector job seekers. All this goes towards making Penguin Recruitment the leading authority in Geo-Sector recruitment.

Our understanding of the sector is second to none and is based on real time data received through placement analysis and industry specific surveys.

We use this knowledge to shape our daily conversations and we share our research findings with the people that need it most: our wonderful clients and our amazing candidates.

Penguin are pleased to now present a series of articles that we believe will prove invaluable to jobseekers, beginning with some advice for those looking to enter the sector for the first time.

How to find your first role in the UK Geo-Sector

Finding your first role in the UK Geo-Sector can be hard, but it doesn’t have to be. Ensure you are ‘market ready’ when you graduate and make sure you possess all the tools necessary to secure your dream role.

Master’s vs. Bachelor’s Degrees

Based on Penguin Recruitment’s Geo-Graduate Salary Analysis

Master’s graduates do earn more than those with a Bachelor’s degree, but the difference is minor— our data shows an increased salary of just £198 per annum for those with a Master’s.

So, while a Master’s degree may well increase your chances of landing an interview and is often included in job adverts as desirable, it has little impact on salary. Interestingly, we found that choosing the ‘wrong’ Master’s topic could even negatively affect your hiring outcome.

Of course, money isn’t the only motivator when it comes to education choices, but we thought that this finding was interesting nonetheless!

Are you a geo-graduate or an employer? Connect with us for expert advice and opportunities in the geo-sector.

For more information about how gender and grades affect starting salary, please read the next article :  Graduate Starting Salary Analysis – Impact of University Grades on Salaries

For more advice and information drawn from real-world employer and geo-professional feedback download Penguins’ free Geo-Sector Graduate Guide now… https://www.penguinrecruitment.co.uk/geo-graduate-guide/

Or email Andy Hopkins at andy.hopkins@penguinrecruitment.co.uk or call 01792 361770 and ask for Andy Hopkins

October 2, 2024

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