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Accenture 2013 College Graduate Employment Survey

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   Accenture 2013 College Graduate Employment Survey Key Findings  Copyright © 2013 Accenture All rights reserved. 2  Accenture conducted an online survey in the United States of 1,010 students graduating from college in 2013 and entering the job market, and 1,005 participants who already graduated college in 2011 or 2012. The survey was conducted between March 22 and April 1, 2013. Survey Methodology and Demographics  Age   Total Sample n=2,015   2011/2012 Grads n=1,005   2013 Grads n=1,010   18-24 1,944 1,005 939 25+ 71 0 71 Type of college   2011/2012 Grads n=1,005   2013 Grads n=1,015   Four-year college 880 843 Two-year (junior or community) college 121 148 Vocational-technical college 4 19 Type of degree   2011/2012 Grads n=1,005   2013 Grads n=1,015   Bachelor of Arts (B.A.) 410 325 Bachelor of Science (B.S.) 460 479  Associate of Arts (A.A.) 48 102  Associate of Science (A.S.) 87 104  Year of Graduation N=2,015 2011 486 2012 519 2013 1010 Entering Job Market 2013 Grads n=1,010 Yes 1,010 No 0  Copyright © 2013 Accenture All rights reserved. 3 ã 41 percent of workers who graduated from college in the past two years (2011/2012 college grads) say they are underemployed and working in jobs that do not require their college degrees ã Despite their degrees, nearly two-thirds (63 percent) of 2011/2012 college grads say they will need more training in order to get their desired job ã The study identified a wide gap between the expectations pending 2013 college grads have for employer-provided training and what they are likely to receive when they start working -- more than three-quarters (77 percent) of 2013 college grads expect their first employer to provide formal training, but fewer than one-half (48 percent) of 2011/2012 college grads surveyed say they received training in their first job after graduation ã 42 percent of 2011/2012 college grads expect they will need to pursue a graduate level degree to further their career, more than twice as many of pending 2013 college grads, 18 percent of whom expect to do so ã Of the 2011/2012 college grads with a two-year degree, 52 percent say they will need to get a four-year degree in order to get the job they want Executive Summary  Copyright © 2013 Accenture All rights reserved. 4 ã Only 16 percent of students who will graduate this year had already secured employment ã To secure a job in the current market, one-third (34 percent) of the pending 2013 college grads are prepared to accept their first job offer, while 27 percent would consider working in a different field than their college major ã Of 2011/2012 college grads, 68 percent are employed full-time and 16 percent are working part-time, seven percent say they haven’t had a job since they graduated in 2011 or 2012   ã More than half (57 percent) of 2011/2012 college grads say finding a job was difficult, but 39 percent had jobs by the time they graduated and another 42 percent were employed within six months of graduation ã  Among the 2011/2012 college grads who are unemployed, 48 percent said they would have fared better in the job market with a different major, and 57 percent expect to go back to school within the next five years Executive Summary (continued)
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