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Page 1: JOB MARKET SURVEY 2018 · JOB MARKET SURVEY 2018 Every year, we invite all master graduates to participate in NHH’s Job Market Survey, about six months after their graduation. We
Page 2: JOB MARKET SURVEY 2018 · JOB MARKET SURVEY 2018 Every year, we invite all master graduates to participate in NHH’s Job Market Survey, about six months after their graduation. We

JOB MARKET SURVEY 2018Every year, we invite all master graduates to participate in NHH’s Job Market Survey, about six months after theirgraduation. We survey our graduates’ transition to the labour market, and ask them to assess the programme theyattended in terms of relevance, strengths and weaknesses. NHH puts the results to use in its continuous work tomaintain and improve our position as a high-quality institution, providing relevant and strong graduates for thelabour market and society as a whole.

About the surveyWe carried out the survey between January 7th and 31st 2019. Out of 489, 203 graduates (41.5 %) of the MSc inEconomics and Business Administration programme participated. The respondents are representative of thepopulation of MSc graduates, in terms of gender, age and to a large extent in the distribution of majors within themaster’s programme.

MAIN OCCUPATION SIX MONTHS AFTER GRADUATION

Working (includes PhD-position)

Further studies at NHH or at another school

Jobseeker / applying forwork (without work)

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

DO YOU CONSIDER THE JOB TO BE RELEVANT TO THE NHH-EDUCATION?

Relevant

Not relevant

86,7%

8,4%

4,9%

88,1%

92,1%7,1%

4,8%

3,4%4,4%

2018

2017

2016

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

94,6%

5,4%

96,3%

3,7%

94,4%

5,6%

2018

2017

2016

Page 3: JOB MARKET SURVEY 2018 · JOB MARKET SURVEY 2018 Every year, we invite all master graduates to participate in NHH’s Job Market Survey, about six months after their graduation. We

The figures are for graduates working in Norway only

Median 2018 475 0002017 450 000

Median 2018 80 0032017 65 500

Median 2018 555 0032017 520 600

0

100.000

200.000

300.000

400.000

500.000

600.000

0

100.000

200.000

300.000

400.000

500.000

600.000

0

100.000

200.000

300.000

400.000

500.000

600.000

80.426

73.646

555.400

531.394

TOTAL ANNUAL SALARY (AVERAGE) (NOK)

GROSS ANNUAL INCOME (AVERAGE) (NOK)

463.043

484.896

ANNUAL BENEFITS (AVERAGE) (NOK)

JOB MARKET SURVEY 2018NHH

Yes

No

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

73,6% 26,4%

85,6% 14,4%

74,3% 25,7%

2018

2017

2016

DID YOU GET A JOB BEFORE GRADUATING FROM NHH?

2018

2017

2018

2017

2018

2017

Page 4: JOB MARKET SURVEY 2018 · JOB MARKET SURVEY 2018 Every year, we invite all master graduates to participate in NHH’s Job Market Survey, about six months after their graduation. We

EMPLOYMENT BY LINE OF BUSINESS

0% 5% 10%

15%

20%

25%

30%

35%

40%

ENTREPRENEURSHIP AMONG NHH-GRADUATES

2018 2017 2016

JOB MARKET SURVEY 2018NHH

EMPLOYMENT BY SECTOR

Private sector

Public sector

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

92,5%

7,5%

93,2%

6,8%

89,3%

10,7%

2018

2017

2016

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

93,2%

6,8%

94,1%

5,3%0,5%

0%

2018

2017

No

Yes, but less than 50%

Yes, full time

Share of graduates working full time in their own company/business

Consulting 36,0 % 25,0 % 23,8 %

Auditing 13,4 % 18,2 % 24,2 %

Banking/Insurance/Finance 12,4 % 17,6 % 17,4 %

IT/Telecom 8,6 % 10,1 % 6,8 %

Accounting 4,8 % 6,8 % 6,4 %

Other 3,8 % 6,8 % 3,8 %

PR/Marketing/Advertising 3,2 % 3,4 % 3,0 %

Energy (oil excluded) 2,7 % 0,7 % 2,6 %

Oil 2,7 % 0,0 % 1,1 %

Public administration 2,2 % 4,1 % 3,0 %

Industry (manufacturing) 2,2 % 2,0 % 0,4 %

Trade 1,6 % 1,4 % 2,6 %

Media 1,6 % 0,7 % 1,5 %

Education/Research 1,6 % 0,7 % 1,1 %

Transportation 1,6 % 1,4 % 0,0 %

Military 1,1 % 0,0 % 0,4 %

Real estate 0,5 % 0,0 % 0,4 %

Shipping/Maritime 0,0 % 0,7 % 0,8 %

Recruitment/HR 0,0 % 0,0 % 0,4 %

Nonprofit organisation 0,0 % 0,7 % 0,4 %

Page 5: JOB MARKET SURVEY 2018 · JOB MARKET SURVEY 2018 Every year, we invite all master graduates to participate in NHH’s Job Market Survey, about six months after their graduation. We

EMPLOYMENT BY REGION IN NORWAY

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

JOB MARKET SURVEY 2018NHH

EMPLOYMENT ABROAD

Norway

Abroad

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

91,7%

8,3%

95,2%

4,8%

88,7%

11,3%2018

2017

2016

Oslo 64,1 %

Bergen 18,3 %

Stavanger 4,6 %

Trøndelag 2,6 %

Western Norway except Bergen and Stavanger 2,6 %

Eastern Norway except Oslo 2,0 %

Møre og Romsdal 2,0 %

Southern Norway 2,0 %

Northern Norway 2,0 %

Page 6: JOB MARKET SURVEY 2018 · JOB MARKET SURVEY 2018 Every year, we invite all master graduates to participate in NHH’s Job Market Survey, about six months after their graduation. We

NORGES HANDELSHØYSKOLENorwegian School of EconomicsHelleveien 30 5045 BergenT (+47) 55 95 90 00 W nhh.no