\n<\/p>\n
SINGAPORE –\u00a0Media
\u00a0<\/p>\n The findings also indicate
\u00a0<\/p>\n Nick Pollard, Managing
\u00a0<\/p>\n Graduates have a positive
\u00a0<\/p>\n A majority of graduates
\u00a0<\/p>\n Despite this overall
\u00a0 <\/p>\n Further education is key in the
Another primary concern for
\u00a0<\/p>\n When approaching the current
\u00a0<\/p>\n This is causing a significant
\u00a0<\/p>\n “As
\u00a0<\/p>\n Graduates want to make a
Working in an industry that
\u00a0<\/p>\n Key findings in Singapore<\/b><\/p>\n Note to Editors<\/b><\/p>\n The research, conducted by Censuswide, surveyed
SINGAPORE –\u00a0Media
OutReach\u00a0– 14 October 2021 –\u00a0CFA Institute, the global association of investment professionals,
today releases results from a survey conducted on the career outlook of more
than 15,000 current university students and recent graduates aged 18 \u2013 25 years
old from 15 markets, including Australia, Hong Kong SAR, India, Japan, and
Singapore in the …<\/p>\n","protected":false},"author":1,"featured_media":18122,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/18121"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=18121"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/18121\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/18122"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=18121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=18121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=18121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nOutReach<\/a>\u00a0– 14 October 2021 –\u00a0<\/b>CFA Institute<\/a>, the global association of investment professionals,
\ntoday releases results from a survey conducted on the career outlook of more
\nthan 15,000 current university students and recent graduates aged 18 \u2013 25 years
\nold from 15 markets, including Australia, Hong Kong SAR, India, Japan, and
\nSingapore in the Asia Pacific region. The results find that globally, 58
\npercent of respondents still feel confident about their future career prospects
\nin the wake of the COVID-19 pandemic. <\/p>\n
\nthat traditionally stable fields, such as finance, remain attractive for
\ngraduates navigating these uncertain times. In fact, respondents across all 15 markets
\nranked finance as one of the top five most valuable majors for finding a
\ncareer. Overall, graduates felt that medicine\/science was most stable and
\nattractive, followed by healthcare and education.<\/p>\n
\nDirector, Asia Pacific, at CFA Institute<\/b>, said, “Graduating and starting a career amid the COVID-19 pandemic
\nrequires a mindset shift to be workforce-ready. While some graduates don’t feel
\nprepared or willing to jump into the job market where it’s currently at,
\nothers, ironically, are going to be better suited to the new normal of hybrid
\nworkplaces, video conferencing, remote working and flexible hours. With a job
\nmarket that will likely remain somewhat distorted for the foreseeable future,
\nit is clear there is value in developing skillsets that are adaptable,
\nflexible, and ready to pivot at any time.”<\/p>\n
\noutlook overall, despite the COVID-19 pandemic causing them to reassess their
\ncareer paths.<\/p>\n
\nbelieve their future career will be as good or better than their parents’
\ngeneration, despite the COVID-19 pandemic. Findings showed that those studying
\naccounting and finance were particularly confident, with 80 percent believing
\ntheir prospects are as good or better than their parents’ generation, compared
\nto three quarters (75 percent) of respondents overall. <\/p>\n
\nconfidence, nearly half (45 percent) of the Asia Pacific respondents reported
\nthey are reassessing their career paths in light of the pandemic \u2014 their top
\nconcerns now include feeling
\nunderqualified for the job they want (24 percent); low pay in their preferred
\nsector (23 percent), wage reductions as a result of the pandemic (22 percent)
\nand lack of jobs in their preferred sector (22 percent). 46 percent of
\nrespondents in Asia Pacific said their perceptions on career prospects,
\ndesires and expectations have changed since the pandemic outbreak, and 41
\npercent of respondents said they have had to reassess the sector they want to
\ngo into after the pandemic. <\/p>\n
\nvolatile job market<\/b><\/p>\n
\nstudents is developing work-related skills during degree programs and after
\ngraduating. Those surveyed in Asia Pacific shared personal insecurities about
\nthis, with one in five respondents (20 percent) saying they feel the lack of
\ncareer progression in their preferred sector and that they do not feel ready
\nfor the working world. <\/p>\n
\ncomplex job market, students and graduates see value in further education. 85
\npercent of respondents in Asia Pacific feel that upskilling and post-graduate
\nqualifications are important in the current job market, and more than half of
\nrespondents (51 percent) believe postgraduate qualifications\/professional
\ncertification will give them an edge when looking for a job. Particularly in
\nSingapore, 83 percent thought that upskilling and professional and\/or
\npostgraduate qualifications were valued by recruiters.<\/p>\n
\nuptake of further studies, with more than 40 percent (42 percent) of graduates
\nplanning to prolong their time in education. In Singapore, 38 percent of
\nrespondents indicated plans to do so until the job market recovers.<\/p>\n
\nmore students and recent graduates choose to further their studies, the
\npandemic may end up yielding a more highly skilled workforce. Alongside public and private sector efforts to nurture
\nstrong financial talents in Singapore, especially amongst individuals who can
\nhelp build capacity in FinTech and Environmental, Social, and Governance, as
\nwell as experienced wealth managers, the preference for further education bodes
\nwell. To meet this demand, higher education and credentialing institutions need
\nto ensure their offerings can help graduates enhance their professional skills
\nand boost their job prospects,” Pollard said.<\/p>\n
\npositive impact<\/b><\/p>\n
\nmakes a positive societal and environmental contribution ranks very important
\nto recent graduates, with 84 percent of respondents in Asia Pacific saying it’s
\nan important part of their career choice. Worryingly, only 9 percent of
\nrespondents see being an investment professional as a career in which they
\ncould make positive environmental and societal impact. This finding shows that,
\nto retain talent, the sector must do more to educate students around the
\npositive impact they could have by a career in investment.\u00a0 <\/p>\n\n
\npreferred sector is the biggest fear with regards to respondents’ career
\nprospects (22 percent); followed by feeling underqualified for the job they
\nwant (21 percent)<\/li>\n
\ncareer prospects are better than their parents’ generation; 36 percent said the
\ncareer prospects are about the same<\/li>\n
\nto prolong their time in education while the job market is still volatile<\/li>\n
\ngive them an edge in the current job market include, skills acquired, the
\nreputation of their course or universities, and networks and contacts<\/li>\n
\nprofessional\/post-graduate qualifications are important in the current job
\nmarket<\/li>\n
\nthree preferences for working location including the ability to work abroad (28
\npercent), a return to city life (28 percent) and the option to live away from
\nmajor employment city hubs (28 percent)<\/li>\n<\/ul>\n
\n15,186 students studying for a bachelor’s degree or higher, or have graduated
\nwith a bachelor’s or higher within the last 3 years. The respondents were from
\nthe UK, US, Canada, India, Australia, Singapore, Hong Kong, UAE, Germany, South
\nAfrica, Spain, France, Brazil and Mexico. The full results of the Graduate
\nOutlook survey can be viewed here<\/a>. For further
\ninformation, please contact [email\u00a0protected]<\/span><\/a>.<\/p>\n<\/p><\/div>\n\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"