MIL OSI Translation. Region: Russian Federation –
Source: State University Higher School of Economics – State University Higher School of Economics –
Working while studying increases the likelihood of employment after graduation by 19%, and salary by 14%. Every second student worked at least a month during their full-time studies. The greatest return comes from working in the last years of study, when students have the opportunity to start working in their specialty. These are the results reached by a team of authors with Faculty of Economic Sciences HSE.
Combining work and study has become a mass phenomenon among students: more than 50% of students worked at least one month during their studies. They rightly believe that thanks to work experience they can become more competitive in the labor market and find a higher-paying position after graduation. If in the first year no more than 18% combined employment with study, then by the final year their share increased to 40%.
Based on the total data of the Graduate Employment Monitoring of more than 200,000 full-time bachelor’s and specialist’s degree graduates in 2021, the authors drew conclusions about the trends in combining study and work in Russia and its effects on subsequent employment. It turned out that among those who graduated with honors, the share of part-time workers is slightly higher. Students from more prestigious and highly ranked universities also work more often: 59% versus 50% in less selective universities. Students whose specialty is related to mathematics, information technology, and natural sciences start working more often than others during their studies, while humanities students, on the contrary, are less likely to do so: 58% versus 47%.
The probability of finding a job within a year after graduation was 19% higher for those who combined work and study. Moreover, the longer a student worked, the higher the chances: each additional month of experience increases the probability of employment by 1%. The salary of such graduates is also higher – by 14%, and each additional month of work experience increases it by 0.7%.
Much more important was the combination of study and work in the 4th and 5th years. Part-time jobs at the beginning of studies have almost no effect on the probability of employment, and internships during the final year increase it by 26%. Students in the field of mathematics and computer science benefit most from such a combination. Their chances of finding a job are higher by another 10%, and for economists – by 4%. The university also has an effect: if a student of any specialty studies at a university that is in the highest positions in the ratings, then the probability of employment will be 21% higher.
Authors of the article, Junior Researcher Labor Market Research Laboratories Ksenia Rozhkova, Head of the Faculty of Economic Sciences at the Higher School of Economics, Sergey Roshchin, Head of the Laboratory, and Pavel Travkin, Senior Research Fellow, note that there is currently a restructuring of views on education. More and more students are moving from combining study with work to combining work with study. Gaining work experience is becoming their main goal, while academic performance is relegated to the background.
“In our opinion, students are increasingly combining work with study because they care not only about income, but also about the experience and competencies they acquire. Such work allows them to enter a professional field. In contrast, universities often offer formal introductory practice, which does not involve the acquisition of any applied skills,” comments Ksenia Rozhkova. Since universities are interested in their graduates successfully finding employment, it would be useful to reconsider the approach to educational processes, strive to provide more practice-oriented skills, and collaborate with potential employers.
Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.
Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.
http://vvv.hse.ru/nevs/scene/965622420.html
EDITOR’S NOTE: This article is a translation. Apologies should the grammar and or sentence structure not be perfect.