NHH students found relevant work after their studies
A massive 97 per cent of students who graduated with a master's degree from NHH in spring 2020 and who have jobs are in relevant employment. Most were offered a job before completing their degree.
Labour market survey 2020:
- The labour market survey is NHH’s annual survey. It was conducted in the period 15 December 2020 to 4 February 2021.
- A total of 243 master’s students who completed their degrees in spring 2020 responded. Response rate of 53 per cent.
- The average salary is continuing to rise. NOK 574,357 in total salary, including bonuses.
- Most work in consultancy (36 per cent), auditing (14 per cent) or banking, insurance and finance (13 per cent). Seven per cent in IT.
- Eight per cent work full-time in their own company.
- Six per cent work abroad.
- Ninety per cent work in the private sector.
The most recent labour market survey shows that the coronavirus pandemic has not put a damper on NHH students’ blossoming careers.
When the survey was conducted in winter, 93 per cent of master's degree students were in employment. This is an increase of three percentage point from 2019. Four per cent had started another study programme.
Of those in employment, 97 per cent state that their job is relevant to their education. In 2019, 99 per cent gave the same response. Moreover, 86 per cent had received a job offer before they had graduated.
Most popular study programme
Last year, NHH had the most popular study programme in the country, measured by the number of first-priority applicants. More than 2,100 applicants had NHH as their first choice.
Øystein Thøgersen is rector of NHH. He felt that it was not given in light of the coronavirus pandemic that the results would be as good as in previous years.
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‘Despite lower activity in the Norwegian economy, we see that business graduates from NHH are as much in demand as they have been in the last few years. The demand for NHH students is robust in relation to cyclical fluctuations and they find relevant work. There is always a need for skilled economists with up-to-date knowledge, and NHH students can find work in all kinds of industries. NHH graduates are characterised by quality, engagement and great determination – qualities that I think employers value very highly.’
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National survey shows concerns
At the national level, many students are concerned about their job prospects. A survey conducted by Sentio on behalf of the National Union of Students in Norway and Universitas shows that 38 per cent of Norwegian students feel that their job prospects are worse now than before the coronavirus pandemic. The survey was conducted in autumn 2020.