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For international students, the biggest change has been down to the tightening of Tier 2 and Tier 4 Visa Restrictions
In 2016, more than ever it is important to
1. Position yourself correctly
2. Prepare well
3. Apply for the right job
In sum, there are more jobs in 2016 but less visas
For all the above points we can help you to succeed. Simply register for our Online Platform for free here
You've seen the numbers. Now let's explain them.
All of our job statistics are taken from The Graduate High Flier Report for 2016, which you can find at High Fliers
All other statistics are taken from the ONS (Office of National Statistics)
2015 broadly speaking was a good year for the UK economy and also for graduates.
Employment is at its highest level since records began in 1971. Average salaries have increased by 3.0% including bonuses.
Graduate recruitment is now higher than the pre-recession peak of 2007
Average graduate salary remains unchanged at £30,000
Largest individual graduate recruiters will be :-
- Teach First (1,870)
- PwC (1,540)
- Deloitte (1,100)
The table below is taken from the most recent Home Office data from September 2015:
In Country vs Out of Country?
So what is the difference?
A lot of the Visa changes that were made in 2015 and will be made this year, revolve around whether an application is being made IN COUNTRY or OUT OF COUNTRY.
This basically means if you are in country you apply from the UK (ONLY possible if you are a University student at a recognised UK Higher Education Institution (HEI)) and have your DIPLOMA or at least a letter from your University saying you will PASS your degree
Out of Country is simply if you apply outside of the UK.
Don’t forget the numbers above do not differentiate between Graduate ( Tier 4 to 2 Switchers) and Professional Hire ( Tier 2 Out of Country applications )
More students were granted leave under Tier 2 than in 2013; 5,639 in 2014 compared with 4,174 in 2013.
Tier 5 (Government Authorised Exchange) switches for professional training and internships have also grown in popularity; 379 in 2014 compared with 209 in 2013.
However, the statistics show a decline in popularity of the doctorate extension scheme (DES), from 433 in 2013 to 337 in 2014. 72 students were granted Tier 4 leave under DES in the first quarter of 2015.
Successful applications under Tier 1 (Graduate Entrepreneur) increased from 171 in 2013 to 286 in 2014, but grants of leave under Tier 1 (Entrepreneur) fell from 688 to 266.
In total, 7,043 students remained in the UK under a work category (not including DES), a slight increase on the total of 6,238 in 2013.*
*Taken from UKCISA
Times Top 100 Graduate jobs are up 7.5%
International students are not able to work in the public sector or the army so these numbers have been removed to give an accurate reflection of available jobs for international students.
Professional Services make up the majority of available jobs, at a massive 31% and in real terms almost 5,000 jobs.
Banking and Finance showing a strong resurgence to pre-recession hiring levels with 31% growth and over 1,500 jobs.
Engineering as well is growing quickly boosted by more manufacturing returning to the UK as well as an increase in infrastructure and housing projects. Engineering jobs are up 14% and almost 2,500 jobs on offer.
Well considering the above, and also the fact that the 4 largest graduate recruiters after TeachFirst is PwC, Deloitte, EY and KPMG in that order.
In total there are 8,370 jobs in the Finance Industry, that is 53% of the total jobs.
Also good news for Engineers as job opportunities sky rocket to make up 16% of other available roles.
1. You know the Visa Situation
2. You know the best industries
3. Start Applying !
If you know where you want to go, but don't know how to get there, then choose a leading career coaching firm like CIUK.
Who has helped almost 1,000 international students in the past 7 years get into Times Top 100 Companies.
We have the knowledge, expertise and training to make your dreams a reality.
You can download this report here