Where did the 2011 Actuarial Science graduates go?

Transcription

1 I. Introduction The information in this paper is extracted from the Graduate Employment Survey of 2011 to answer the following questions about Bachelor of Science in Actuarial Science graduates:- - How many were employed six months after graduation? - Among those who pursued further studies, what programmes were they enrolled in? - Among those who were employed full-time, how long did it take them to get their first job offer? - In which sectors were they employed? - How much salary did they receive? - How many job offers did they receive? - Who were their employers and what were their job titles? II. Employment Situations in 2011 Of the 57 graduates from this programme, 52 responded to the survey. Their employment situations are listed below. BSc(ActuarSc) HKU Overall* No. % No. % No. % No. % No. of respondents % % % % Employed 48 92% 52 72% % % Unemployed seeking F/T job 0 0.0% 1 1.4% 8 0.3% 8 0.3% Further Studies 4 7.7% 18 25% % % Emigrated/Returned to home country 0 0.0% 0 0.0% 4 0.1% 7 0.2% Not seeking F/T job 0 0.0% 1 1.4% % % * HKU Overall refers to the figure for the total HKU population and includes M.B.,B.S. and B.D.S. graduates. III. Further Studies 2011 Since the number of respondents is smaller than 5, these information are withheld to protect privacy of the respondent(s). Page 1

2 IV. Time Taken to Secure Employment The time taken for graduates to secure employment is shown below. 32 % of new graduates who have secured employment 42 By the end of May or before 53% 55% June 66% 62% July 72% 62% August 75% 69% September 78% 76% October 81% 76% November 88% 81% December 97% 98% January 97% 98% February 100% 100% No Response = 14 V. Employment Sectors The majority of Actuarial Science graduates were employed in Commerce & Industry, while others were employed in Educational Institutions. Sector % of graduates Commerce & Industry 90% 98% 46 4 Educational Institutions 10% 0.0% 0 Civil Service 0.0% 2.1% 39 No Response = 7 47 Page 2

3 VI. Basic Salary and Gross Income The remuneration received by Bachelor of Science in Actuarial Science graduates is shown below. Basic Salary Gross Income BSc(ActuarSc) HKU Average* BSc(ActuarSc) HKU Average* Mean $18,726 $16,600 $17,650 $16,662 $20,015 $16,980 $18,350 $17,336 Median $16,500 $15,000 $15,000 $13,000 $18,417 $15,000 $15,000 $13,500 Minimum $6,000 $9,000 $3,000 $2,000 $6,000 $9,000 $4,000 $4,000 Maximum $50,000 $37,000 $70,000 $99,999 $63,333 $37,000 $70,000 $100,000 * HKU Average refers to the figure for the total HKU population and includes M.B.,B.S. and B.D.S. graduates. VII. Number of Full-Time Job Offers The number of job offers received by Actuarial Science graduates is shown in the following table. No. of job offers received No. of graduates (% of graduates) One 17 (53%) Two 12 (38%) Three 3 (9.4%) No Response = Page 3

4 VIII. Names of Employers and Job Titles 7 The job titles of Bachelor of Science in Actuarial Science graduates in full-time employment and the names of their employers are listed below. Employers Job Titles Educational Institutions - - International Christian Quality Music Secondary and - Teacher Primary School - Sir Ellis Kadoorie Secondary School (West Kowloon) - Temporary Teacher - The University of Hong Kong - Research Student Commerce and Industry - - American International Assurance Company (Bermuda) Limited - Actuarial Assistant - American International Assurance Company (Bermuda) Limited - Actuarial Assistant - American International Assurance Company (Bermuda) Limited - Intern - Aon Hong Kong Limited - Analyst - AXA Asia Pacific Holdings Limited - Actuarial Analyst - AXA Asia Pacific Holdings Limited - Actuarial Analyst - AXA Asia Pacific Holdings Limited - Actuarial Analyst - AXA China Region Insurance Company Limited - Assistant Business Analyst - BOC Group Insurance Company Limited - Occupation's name not reported - China International Capital Corporation - Analyst - Dah Sing Bank Limited - Full-time Intern - Deloitte Touche Tohmatsu - Actuarial Analyst - Deloitte Touche Tohmatsu - Analyst - Ernst & Young - Actuarial Associate - Guoco Management Company Limited - Analyst - Hong Kong Life Insurance Limited - Actuarial Assistant - HSBC Insurance (Asia-Pacific) - Actuarial Assistant - ING Group - Actuarial Assistant - ING Group - Actuarial Assistant - ING Group - Actuarial Assistant - Intellectual Property Solutions - Director of Operations - JPMorgan Chase & Co. - Analyst - KPMG - Consultant - KPMG - Consultant - Manulife (International) Limited - Actuarial Analyst - McKinsey & Company - Business Analyst - Reinsurance Group of America, Incorporated - Actuarial Analyst - Royal Bank of Scotland plc (The) - Graduate Trainee - Société Générale Corporate & Investment Banking - Trainee - Sun Life Hong Kong Limited - Actuarial Assistant - Towers Watson - Actuarial Analyst - Towers Watson - Actuarial Analyst - UBS - Analyst - Organization's name not reported - Business Development Executive Page 4

5 - Organization's name not reported - Researcher Others - - Organization's name not reported - Temporary Teacher No Response = 7 Note: Some of the 2011 graduates indicated willingness to talk to individual students about their work. Contact numbers can be obtained from career advisors at the Careers & Placement, CEDARS. Page 5

6 IX. Similar information on graduates from other disciplines is available for reference in the Careers Library. Please contact CEDARS for further details. (CEDARS) 3/F Wong Chuang Lai Wah Building Meng Wah Complex The University of Hong Kong Pokfulam Road Hong Kong Telephone : Fax : ges@cedars.hku.hk Homepage : Opening Hours : Monday - Thursday (9:00 a.m. to 5:45 p.m.) Friday (9:00 a.m. to 6:00 p.m.) Saturday (9:00 a.m. to 1:00 p.m.) Herman Chan Director of Careers and Placement May 2012 The analysis is based on information provided by the respondents, and CEDARS should not be held responsible for any errors arising therefrom. No part of this report may be reproduced in any form or by whatever means, unless with written permission from the Director of The University of Hong Kong Page 6