Ministry of Education is top employer of UWI graduates
The Ministry of Education is the top employer of University of the West Indies (UWI) graduates.
This is according to the latest available tracer study of UWI graduates published by the University Office of Planning and Development.
The study, which surveyed graduates from the 2007, 2008 and 2009 graduating classes - two years after graduation - found that the Ministry of Education had the highest count of graduates for entities which employ 10 or more graduates.
The Ministry of Health and the University Hospital of the West Indies were ranked as the second and third highest employers of UWI graduates, respectively.
This correlates with the findings from the study that graduates from the Medical Sciences Faculty and School of Education have the highest employment rate among UWI graduates.
Rounding out the list of top employers of UWI graduates are the University of the West Indies, National Commercial Bank and the Bank of Nova Scotia in fourth, fifth and sixth place respectively.
When looked at by sector, the tracer study found that the public sector was the highest employer of UWI graduates. The public sector employed 60 per cent of the 2007 cohort of graduates in comparison to 34 per cent employed by the private sector.
For the 2008 cohort, 59 per cent was absorbed by the public sector, while the private sector employed 36 per cent of these graduates.
The public sector again provided 60 per cent of graduates from the 2009 cohort with jobs while the private sector only provided 37 per cent of these graduates with jobs.
The study also provided insights on the earning potential of UWI graduates and found that graduates in the mining, manufacturing, trade, hotels and restaurant, and community, social and personal services industries earned higher-than-average income.
Graduates who earned below-average incomes were found in the industries, comprising electricity, gas and water, transport, storage and communications; and financing, insurance, real estate and business services.
According to the study, "the highest income earners were from the MBBS programme in Medical Sciences and the Education programme in Humanities and Education."
The median monthly income for a graduate with a degree from the Faculty of Humanities was reported at $84,723. Graduates from the MBBS programme earned $150,000, while those from the Faculty of Science and Technology and the Faculty of Social Sciences earned $80,000 per month. Those with a degree from the School of Education reported monthly earnings of $120,000.