ABC University

15 Pages   |   2,662 Words

ABC University
 
Career Consultancy Report
For Undergraduate Students

INTRODUCTION

A well-renowned name in the field of education sector “ABC University” offers several projects for the students of undergraduate studies in domain of Arts, Commerce, Law, Engineering and Sciences. ABC University offered to specifics in commerce domain i.e. accounting and non-accounting. While considering the requirements of industrial employer, the most demanding skilled force largely call from the commerce background student having accounting proficiencies and knowledge about accounting standards and its practical implications. By considering industrial prospective, ABC University work on the industrial demands and competitive job offered in the market. Each year ABC University conduct the analysis for analyzing the requirements of graduates for the particular industry as well as provide the career plan for fresh graduate students to take admission in most demanding sectors and compare the income levels according to their knowledge and competencies.
 
ABC University also provides the career consultancy services and discussion support to upcoming students and ex-students for creating a mindset to encash their knowledge and skills in a particular field. ABC University conducts the survey for analyzing the productive response from their pass out graduates in the particular domains. In this sense, university gathers the information about pass out graduates in last years and distribute the questionnaires to 610 graduates and successfully gathered the data of 469 respondents, within short span of time, since its limited research promulgate by university management, for that concern all data gathered through appropriate channel and valid source for maintaining the accuracy and reliability of information. Through this authentic source, researchers can conclude that gathered data from subset of population is less biased and prolong with accuracy of 469 respondents.
 

Yes, We Can Help!

We promise to deliver high quality papers on time which will improve your grades. Get help now!

SAMPLES PLACE ORDER OUR SERVICES
Plagiarism Free Work
Best Price Guarantee
100% Money Back Guarantee
Top Quality Work
Description of Survey Respondents
Departments Response No response Total graduates in the survey
Arts 99 41 140
Commerce – accounting 160 30 190
Commerce – Non-accounting 79 26 105
Law 52 19 71
Science and Engineering 79 25 104
 
The empirical analysis is largely focused towards evaluation and comparison of graduate’s incomes with references to their study programs. The core disciplines which are considered for analyzing the potential income of graduates i.e. Arts, Commerce (Accounting and Non-Accounting), Law, Engineering and Science. The evaluation of each domain based on 4 principles which elaborate the current situation of pass out graduates. Employment status measured via employment and unemployment position with additional options of additional education programs or engaged in other activities.
 
The analytical description of this research study comprised on the basis of sample data which demonstrate the statistical significance of variables clearly mentioned by hypothetical questions, which are given below:
(a)          Are there differences in income among the five groups of graduates?
(b)          Among Bachelor of Commerce graduates, is income of accounting graduates higher than that of non-accounting graduates?
(c)           Among Bachelor of Commerce graduates, is the proportion of employed graduates higher in accounting degree than that of non-accounting degree? How can you calculate the p-value of the test? What value the p-value should have in this case and why?
(d)          Are there differences in income between Law graduates and Science and Engineering graduates?
(e)          Are there differences in the employment status among the five groups of graduates?
 
The basal study delineate towards comparing the differences among the several graduates, related to their incomes and current status of employment. It also focused the industrial demands of graduates according to the study discipline.
 
COMPARISON OF GRADUATES’ INCOME
ABC University offer five degree programs and each year number of students get their certifications in association with their study disciplines which can belongs to arts, science and technology. By considering blend of passed out graduates engage in four groups of activities that are render services of employment in a particular field of their studies or looking for the appropriate employer. According to the visionary approach of graduate students, some of them are completing their additional education. While conducting the survey from undergraduate students, researcher analyzes the graduate income with relevance to their field of study. By comparing five degree program, ABC university finds out the potential level of income of graduates with respect to their departments.

where   Sx = Total income of graduate students
                n = Total number of employed graduates
 » $30,550
 » $37,603
 » $35,355
 » $59,097
 » $48,162
 
With reference to Appendix-I, above calculations shows the mean value of the graduates’ incomes with respect to their study disciplines. The comparison of graduates’ income represent with the help of graphical illustration.

Figure 1. Comparison of Graduates’ Income
 
The above illustration shows that the highest level of income in the industry gain by law and engineering & science graduates. The average income of law graduates lays on $58,000-$60,000 annually. Secondly engineering and science graduates’ average income lays on $48,000-$50,000 annually. This is highest income level of ABC University graduates earn in their particular fields, on the basis of their knowledge and expertise. While on the other hand average income of commerce graduate lays on $35,000-$37,000 annually. The minimum level of income gain by the arts graduate due to his/her less demand in the market, average income of arts graduate’s lays under $30.000 annually.
 
COMPARISON OF COMMERCE GRADUATES’ INCOME
ABC University focuses towards the commerce graduates which have highly demand in the market and number of employer open their career opportunities for the accounting and non-accounting professionals. University management takes their effective decisions to polish the accounting skills of commerce graduates with reference to the higher career opportunities in the market.
 
On the basis of research study management evaluate the potential income of accounting and non-accounting graduates, while analyzing the feedback of their respondents.

where   Sx = Total income of commerce graduate students
                n = Total number of employed graduates
 » $37,603
 » $35,355
 
As mentioned in Appendix-II, above calculations shows the mean value of commerce graduates in distinction with accounting and non-accounting skills. The comparison of commerce graduates’ income represent with the help of graphical illustration.

Figure 2. Comparison of Commerce Graduates’ Income
The above illustration shows that the commerce graduate having accounting proficiencies, earns more income than the non-accounting commerce graduates. Meanwhile the income comparison according to their area of study shows minor differences which can be covered on the basis of individuals’ accounting knowledge skills. It can also differentiate on the basis of reputed employers or enterprises those offer the salary package to commerce graduates after evaluating their performance and core competencies. The average income of commerce graduate lays on $35,000-$37,000 annually.
 
PROPORTION OF COMMERCE EMPLOYED GRADUATES
With reference to the previous illustration, accounting graduates get higher salary as compare to the non-accounting graduates. In this scenario, researcher evaluates the potential jobs openings for the accounting and non-accounting graduates. By considering the subset of population, number of respondents are 239 from commerce graduates. From the data analysis of core respondents, the proportion of the employment in accounting graduates is comparatively very high as compare to the non-accounting graduates. Due to the potential growth in services sector organization, the demand of commerce graduates is comparatively high as compare to the other pacific of studies. By analyzing the views of employers, accounting graduates perform their duties and responsibilities in an efficient manner as well as present their task in a professional way of reporting. For that concerns employment opportunities is comparatively high across the global village.
Ratio of Accounting Graduates = × 100 = × 100 = 81.25%
Ratio of Non-accounting Graduates = × 100 = × 100 = 54.43%

Figure 3. Proportion of Commerce Employed Graduates
The percentile ratio of accounting graduates and non-accounting graduates has been calculated and the proportion of commerce graduates’ employment ratio represent with the help of graphical illustration.
 
The above illustration shows the hypothetical framework for employment ratio of accounting and non-accounting graduates. There is a huge difference between the both graduates with reference to their market demands and knowledge for their particular field. While analyzing the respondents’ data shows that 81% of job opportunities acquire by accounting professionals. On the other hand, 54% jobs opportunities intake by non-accounting graduates.
 
INCOME DIFFERENCES OF LAW AND ENGINEERING & SCIENCE GRADUATES
ABC University focuses towards the law and engineering & science graduates according to the market demand and number of employer open their career opportunities for the same disciplines. University management takes their effective decisions to polish the knowledge and technical as well as technological skills with reference to the higher career opportunities in the market.
 
On the basis of research study university management evaluate the current earnings of law and engineering & science graduates, while analyzing the feedback of their respondents.

where   Sx = Total income of graduate students in relevant field
                n = Total number of employed graduates in relevant field
 » $59,097
 » $48,162
 
As mentioned in Appendix-III, above calculations shows the mean value of law and engineering & science graduates with their distinction technical skills. The comparison of both graduates’ income represent with the help of graphical illustration.

Figure 4. Comparison of Law and Engineering & Science Graduates’ Income
 
The above illustration shows that the law graduates earn more income than the engineering & science graduates. Meanwhile the income comparison according to their area of study shows minor differences which can be covered on the basis of individuals’ knowledge skills in their relevant field. It can also differentiate on the basis of reputed employers or enterprises those offer the salary package to the graduates after evaluating their performance and core competencies. The average income of law graduate lays on $58,000-$60,000 annually, while the average annual income of Engineering and science graduates comparatively low i.e. $48,000-$50,000.
 
EMPLOYMENT STATUS IN FIVE GROUPS OF GRADUATES
Researcher evaluates the potential jobs openings for the graduates according to their relevant study disciplines. From the data analysis of core respondents, the proportion of the employment in graduates has been showed.
Ratio of Arts Graduates = × 100 = × 100 = 66.67%
Ratio of Accounting Graduates = × 100 = × 100 = 81.25%
Ratio of Non-accounting Graduates = × 100 = × 100 = 54.43%
Ratio of Law Graduates = × 100 = × 100 = 71.15%
Ratio of Engineering & Science Graduates = × 100 = × 100 = 67.09%
 
The percentile ratio of accounting graduates and non-accounting graduates has been calculated and the proportion of commerce graduates’ employment ratio represent with the help of graphical illustration.

Figure 5. Proportion of Commerce Employed Graduates’
 
The above illustration shows the hypothetical framework for employment ratio of the graduates in all study disciplines. While analyzing the respondents’ data shows that the highest percentage i.e. 81% of job opportunities acquire by commerce graduates having accounting proficiencies.
 
CONCLUSION
In concluding phase university graduates analyze on the basis of descriptive statistics, i.e. mean,, median, mode and range wise distribution of ABC University graduates, according to their respective area of studies. This research study also measures the market potential demands and required human resource by multinationals or enterprises. ABC University plays a vital role to facilitate the corporate employers via offering skilled workforce in five categories i.e. Art, Commerce, Law and Engineering & Science study disciplines. With reference to graphical representation, bar chart shows the employment status of university graduates at Y axis, and the annual income at Z axis.

Figure 5. Comparison of Employment Status and Annual Income of graduates.
 

 
APPENDIX-I
Arts Commerce –
Accounting
Commerce –
Non-Accounting
Law Engineering & Science
$33,477 $36,401 $34,220 $38,284 $46,969 $52,121
$30,506 $33,974 $38,558 $34,108 $49,250 $50,842
$29,092 $39,064 $42,506 $33,608 $52,143 $51,985
$35,532 $35,021 $31,001 $37,230 $52,398 $45,481
$26,665 $42,106 $34,852 $34,184 $52,971 $47,962
$31,184 $40,960 $39,937 $37,675 $53,819 $61,997
$32,850 $36,850 $41,501 $28,506 $54,609 $44,696
$26,436 $35,024 $37,960 $34,308 $54,634 $44,808
$29,240 $33,176 $38,381 $36,834 $55,472 $45,142
$34,838 $38,575 $31,102 $36,338 $55,936 $36,358
$32,648 $37,984 $38,503 $34,303 $56,176 $39,203
$31,021 $39,098 $29,939 $43,547 $56,343 $46,094
$25,373 $39,403 $33,733 $33,608 $56,898 $56,383
$27,715 $32,117 $34,994 $41,471 $57,179 $45,611
$31,997 $36,414 $43,778 $34,112 $57,672 $46,003
$34,793 $39,361 $46,505 $43,702 $58,035 $41,576
$31,675 $42,207 $37,742 $34,354 $58,412 $51,174
$39,599 $35,491 $38,896 $35,042 $58,947 $49,234
$29,783 $36,887 $34,981 $34,266 $59,627 $47,090
$28,199 $42,923 $37,297 $35,150 $60,021 $56,399
$25,399 $35,372 $37,273 $36,146 $60,061 $47,226
$33,245 $34,166 $38,626 $37,277 $61,276 $50,012
$30,232 $41,668 $39,287 $36,278 $61,644 $50,704
$26,495 $35,082 $33,336 $34,781 $62,102 $44,920
$26,918 $33,592 $36,413 $32,651 $62,587 $50,494
$35,479 $45,976 $37,741 $29,725 $63,189 $46,424
$33,214 $32,252 $35,862 $28,904 $63,214 $44,548
$29,717 $34,459 $39,776 $43,479 $63,481 $45,736
$21,968 $35,681 $36,433 $33,536 $63,769 $63,109
$27,386 $37,972 $37,830 $42,515 $63,839 $47,050
$30,359 $34,492 $39,596 $35,442 $64,319 $41,456
$31,254 $38,678 $35,942 $38,758 $64,449 $48,769
$28,639 $39,571 $34,674 $32,023 $64,554 $53,018
$36,034 $40,808 $35,688 $38,306 $64,802 $39,666
$27,026 $33,613 $43,462 $34,175 $64,874 $47,602
$33,186 $40,199 $37,368 $31,547 $65,179 $59,107
$35,071 $38,674 $30,130 $38,197 $65,749 $46,424
$33,304 $37,523 $36,806 $33,673   $44,322
$32,840 $43,807 $42,103 $30,794   $51,700
$32,160 $33,212 $34,987 $34,835   $41,352
$30,686 $38,778 $37,171 $34,777   $51,496
$31,456 $42,666 $40,870 $32,864   $47,304
$31,148 $33,698 $32,483 $28,955   $47,792
$34,562 $36,647 $37,346     $49,108
$25,676 $36,630 $41,773     $62,021
$28,672 $34,842 $44,014     $43,277
$28,735 $39,409 $31,652     $42,660
$20,114 $43,818 $38,982     $48,293
$28,754 $38,849 $36,689     $41,053
$35,644 $39,629 $39,589     $48,215
$27,031 $33,778 $39,670     $53,441
$35,081 $36,136 $37,466     $38,653
$31,756 $39,154 $39,204     $55,456
$33,916 $38,562 $39,136      
$31,724 $49,804 $34,232      
$26,392 $32,122 $34,200      
$32,104 $36,233 $37,835      
$31,920 $29,101 $47,973      
$31,261 $39,056 $37,498      
$28,807 $40,550 $35,959      
$29,974 $30,132 $41,502      
$25,687 $34,858 $41,518      
$30,926 $38,604 $36,292      
$28,194 $30,710 $49,718      
$31,252 $35,651        
$32,306 $36,649        
APPENDIX-II
Commerce – Accounting Commerce – Non-Accounting
$36,401 $34,220 $38,284
$33,974 $38,558 $34,108
$39,064 $42,506 $33,608
$35,021 $31,001 $37,230
$42,106 $34,852 $34,184
$40,960 $39,937 $37,675
$36,850 $41,501 $28,506
$35,024 $37,960 $34,308
$33,176 $38,381 $36,834
$38,575 $31,102 $36,338
$37,984 $38,503 $34,303
$39,098 $29,939 $43,547
$39,403 $33,733 $33,608
$32,117 $34,994 $41,471
$36,414 $43,778 $34,112
$39,361 $46,505 $43,702
$42,207 $37,742 $34,354
$35,491 $38,896 $35,042
$36,887 $34,981 $34,266
$42,923 $37,297 $35,150
$35,372 $37,273 $36,146
$34,166 $38,626 $37,277
$41,668 $39,287 $36,278
$35,082 $33,336 $34,781
$33,592 $36,413 $32,651
$45,976 $37,741 $29,725
$32,252 $35,862 $28,904
$34,459 $39,776 $43,479
$35,681 $36,433 $33,536
$37,972 $37,830 $42,515
$34,492 $39,596 $35,442
$38,678 $35,942 $38,758
$39,571 $34,674 $32,023
$40,808 $35,688 $38,306
$33,613 $43,462 $34,175
$40,199 $37,368 $31,547
$38,674 $30,130 $38,197
$37,523 $36,806 $33,673
$43,807 $42,103 $30,794
$33,212 $34,987 $34,835
$38,778 $37,171 $34,777
$42,666 $40,870 $32,864
$33,698 $32,483 $28,955
$36,647 $37,346  
$36,630 $41,773  
$34,842 $44,014  
$39,409 $31,652  
$43,818 $38,982  
$38,849 $36,689  
$39,629 $39,589  
$33,778 $39,670  
$36,136 $37,466  
$39,154 $39,204  
$38,562 $39,136  
$49,804 $34,232  
$32,122 $34,200  
$36,233 $37,835  
$29,101 $47,973  
$39,056 $37,498  
$40,550 $35,959  
$30,132 $41,502  
$34,858 $41,518  
$38,604 $36,292  
$30,710 $49,718  
$35,651    
$36,649    
 
APPENDIX-III
Law Engineering & Science
$46,969 $52,121
$49,250 $50,842
$52,143 $51,985
$52,398 $45,481
$52,971 $47,962
$53,819 $61,997
$54,609 $44,696
$54,634 $44,808
$55,472 $45,142
$55,936 $36,358
$56,176 $39,203
$56,343 $46,094
$56,898 $56,383
$57,179 $45,611
$57,672 $46,003
$58,035 $41,576
$58,412 $51,174
$58,947 $49,234
$59,627 $47,090
$60,021 $56,399
$60,061 $47,226
$61,276 $50,012
$61,644 $50,704
$62,102 $44,920
$62,587 $50,494
$63,189 $46,424
$63,214 $44,548
$63,481 $45,736
$63,769 $63,109
$63,839 $47,050
$64,319 $41,456
$64,449 $48,769
$64,554 $53,018
$64,802 $39,666
$64,874 $47,602
$65,179 $59,107
$65,749 $46,424
  $44,322
  $51,700
  $41,352
  $51,496
  $47,304
  $47,792
  $49,108
  $62,021
  $43,277
  $42,660
  $48,293
  $41,053
  $48,215
  $53,441
  $38,653
  $55,456
 
APPENDIX-IV
  Degree Employment Status Annual Income
       
Mean 2.684434968 2.144989339 28068.56162
Standard Error 0.063221358 0.034952001 925.0002661
Median 2 2 34184.4
Mode 2 2 0
Standard Deviation 1.36914751 0.756934784 20032.183
Sample Variance 1.874564904 0.572950267 401288355.9
Kurtosis -1.011540996 1.364657096 -1.105242807
Skewness 0.482656912 1.11795353 -0.309738178
Range 4 3 65749
Minimum 1 1 0
Maximum 5 4 65749
Sum 1259 1006 13164155.4
Count 469 469 469

Download Full Answer

Order Now