More and more graduates are entering the labor market immediately after obtaining a bachelor’s degree. Whether someone registers for a master’s program depends, among other things, on the type of university and the field of study.
According to Statistics Austria, 63 percent of graduates recently enrolled in a master’s program within two years. In 2007/08 this was 81 percent. For study author Sarah Klem, this decline is a sign that the labor market is responding to the study reform. The students would also respond to the demands the other way around. From 1999, the system was changed from diploma and doctorate to bachelor’s, master’s and PhD.
Isolated diploma studies
To this day, there are still a few diploma courses – in law, medicine, theology and art. Whether you will follow a master’s degree after obtaining your bachelor’s degree depends on the type of university, the field of study and gender. For example, at educational institutions, a master’s degree is a prerequisite for teachers to receive permanent employment. At private and technical colleges, significantly fewer people decide to continue their studies within two years.
On a subject-by-subject basis, transfer rates are particularly high in male-dominated fields such as mining, technology, natural sciences and natural sciences. The rates are considerably lower for humanities, social and economic sciences, health sciences and arts subjects. In addition, it is mainly men who opt for a master’s degree. According to Statistics Austria, parental education no longer plays a major role.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
