MSc in Finance Employment Report 2017

This MSc Employment Report is released on May 2017 by the Academic SteeringCommittee of the MSc in Finance, University of Siena. The results of this report provideinformation about the first year jobs of our 2015 graduates. The report is based ondata from the survey conducted during the year 2016 by the Italian inter-universityconsortium AlmaLaurea.1

As a comparison group, all MSc in Finance graduates of 16 Italian universities2 of theAlmaLaurea consortium, were considered.

Contents• MSc graduate profile . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2• Employment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3• Salary and contract . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5• Finding a job . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6• Notes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

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MSc in Finance Employment Report 2017

MSc graduate profile

The panel is composed by the 30 graduates in year2015 responding to the survey.The total number of graduates in that year was 38(response rate 78.9%).The average age at graduation was 26.1.The average study duration was 2.8 years.Of the 30 graduates responding to the survey, 9were female and 21 were male.

females30.0%

males70.0%

Comparison group

The comparison group lists 610 graduates in year2015 responding to the survey.The total number of graduates in that year was 741(response rate 82.3%).The average age at graduation was 26.1 (min 25.5max 28.2 across universities).The average study duration was 2.7 years (min 2.2,max 3.1 across universities).Of the 610 graduates responding to the survey, 245were female and 365 were male.

females40.2%

males59.8%

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MSc in Finance Employment Report 2017

Employment

How many MSc graduates are employed?

Of the 30 graduates in 2015 responding to the survey, 63.3% was employed in 2016(62.5% of the females, 63.6% of the males). In the comparison group, 69.3% wasemployed (68.8% of the females, 69.7% of the males). A breakdown of the global em-ployment situation is drawn in the following barchart (Siena MSc in Finance graduatesin blue, comparison group in gray).

3.6%10%Continued education or training

20.3%20%Seeking employment

6.7%6.7%Unemployed and not seeking

employment

69.3%63.3%Employed

The next barchart shows the ranking of the employment rate (ratio between employedand respondents) of our graduates (blue) within the comparison group.

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MSc in Finance Employment Report 2017

Where do they find a job?

The piechart shows the distribution of employment sector between the 19 employedgraduates.

Commerce (10.5%)Credit and insurance (57.9%)Consulting (15.8%)Computer science (5.3%)Other services for companies (5.3%)Public health (5.3%)

The correponding distribution for the comparison group (423 employed graduates) isdisplayed in the next piechart.

Engineering industries (0.9%)Building industry (0.9%)Chemistry/Energy (2.4%)Manufacturing industry (2.4%)Commerce (6.1%)Credit and insurance (47%)Transport, adv. and comm. (3.1%)Consulting (27.9%)Computer science (4.5%)Other services for companies (1.4%)Education and research (1.2%)Public health (0.9%)Other services (0.7%)Others (0.6%)

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MSc in Finance Employment Report 2017

Salary and contract

Salary

The average net salary in 2016 of the employed graduates was 1,658 C per month(1,777 C males average, 1,326 C females average).The comparison group reported an average of 1,387 C per month (min 956 C, max1,658 C across universities).The barchart shows the ranking of the average salary level of our graduates (blue)within the comparison group.

Contract type

The next barchart shows the distribution of employment contract type between the 19employed graduates (Siena MSc in Finance graduates in blue, comparison group ingray).

2.1%0%

Without contract

1.7%0%Other kinds of self-employed jobs

0.7%0%Collaboration/Consultancy

27%15.8%

Non-standard contracts

26.5%26.3%Training contracts

36.6%52.6%

Permanent contract

5.2%5.3%Self employed

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MSc in Finance Employment Report 2017

Finding a job

Graduates start their job search after 0.2 months on average and find it after 2.9 monthson average. The time gap from graduation to first employment is therefore 2.8 monthson average.In the comparison group, the corresponding timings are: 0.5, 2.9, and 3.4 months,respectively.The following barcharts rank timings of our graduates (in blue) within the comparisongroup.

graduation → start search start search → finding graduation → finding

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MSc in Finance Employment Report 2017

Notes1. AlmaLaurea XIX Survey (2017) – Graduates’ employment condition at this website

2. For the purpose of the comparison group construction, all Universities in AlmaLaurea panel having a 2-year second level degree course of class Finance (Laurea Magistrale with class code or LM-16 LaureaSpecialistica with class code 19/S) were considered:

University Grad. Resp. (%)

Ancona Politecnica delle Marche 77 67 87Bologna 95 70 73.7Firenze 32 25 78.1Foggia 7 6 85.7Milano Bicocca 70 58 82.9Modena e Reggio Emilia 28 26 92.9Napoli Federico II 25 23 92Perugia 46 37 80.4Roma La Sapienza 63 53 84.1Roma Tor Vergata 26 19 73.1Roma Tre 54 44 81.5Salento 23 21 91.3Siena 38 30 78.9Teramo 12 8 66.7Trento 58 48 82.8Verona 87 75 86.2

Total 741 610 82.3

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