Shanghai universities report employment rates for 2019 grads
Candidates look at job advertisement at a job fair. [Photo by Liu Jianhua/For China Daily]
Shanghai Tech University and NYU Shanghai, two small but well-regarded universities, recently released reports on the employment rates for the class of 2019.
The two universities are less than 10 years old but are strong in international education.
The report by Shanghai Tech University, located in Zhangjiang Science City, shows the university's focus on scientific research.
Among the 270 graduates in 2019, 75 percent went on to attend grad school, with 104 going abroad and 99 staying within the country. The high percentage is largely due to the university's effective talent cultivation system which encourages research and international exchange.
It was reported that students at the university spend more than seven hours conducting experiments every week, and 111 graduates went abroad for exchange and study.
The sixty graduates who received employment after graduation enjoyed an average annual salary of 124,000 yuan ($17,847). Their employers include well-known enterprises such as chip manufacturer AMD, accounting firm PricewaterhouseCoopers, and auto maker Shanghai General Motors.
NYU Shanghai is China's first Sino-US research university and the third degree-granting campus of the NYU Global Network. The university's 263 graduates come from 20 countries, and 14 percent of foreign students chose to stay in China.
According to the report, the employment rate among the 145 Chinese graduates was 94.5 percent, with 5.5 percent of them taking a gap year.
Sixty-seven percent of the 145 graduates continued their studies in overseas universities, while 33.5 percent received jobs in management, education, financial services software and other industries.