Fit for business with the Bachelorís degree?
Interviews with business studies Masterís students, professors and graduates show that career-start opportunities after a Bachelorís degree are better than expected.
Business studies Masterís students state that two-thirds of them jumped directly from the Bachelorís to the Masterís programme. The most common reason for taking up a Masterís programme (given by about 95 percent of the students) is the hope of a carrier kick that Ė as students think Ė depends on a Masterís degree. However, graduate interviews reveal that the new business economists usually have a successful start to their careers Ė with and without a Masterís degree.
Obviously, many business studies Masterís students still doubt whether the Bachelorís degree is a sufficient professional qualification. Instead of launching their careers on the basis of their Bachelorís degree Ė and deciding later, after initial professional experience, if they should continue their studies with a Masterís programme or not Ė many students prefer to continue directly with a Masterís degree. The trend to continue with a Masterís programme directly after the Bachelorís course has even increased when compared to the first interviews conducted in 2008. So why are students concerned their Bachelorís degree may be insufficient?
While many business studies professors (50 percent at universities, 54 percent at universities of applied sciences) state that the practical element of Bachelorís programmes has increased in comparison to traditional ďDiplomď programmes, 53 per cent of professors at universities of applied sciences, but only 30 per cent of professors at universities, nonetheless consider professional activity between Bachelorís and Masterís degrees as sensible. A Masterís degree is obviously still considered the ďruleĒ, especially by professors at universities.
But parameters such as the period between graduation and taking up professional activity, the frequency of joblessness after initial professional activity, and the number of applications written show that business studies graduates of the Bachelorís/Masterís study system (compared to the graduates of the now defunct traditional programmes) have very good chances of obtaining a first professional activity. Graduates of all types of degrees had taken up professional activity within three months with Masterís students being the quickest to find work (compared to Bachelorís and traditional ďDiplomĒ graduates). The facts are therefore that both Bachelorís and Masterís graduates are successful in finding their first job after university.
Nearly all business studies programmes (96 per cent) have now been converted to the new Bachelorís/Masterís structure. The publication "Fit for business with the Bachelorís degree?" for the first time presents interviews with Masterís students, professors and graduates, and analyses whether some of the expectations of the study reform have been fulfilled. In addition to aspects such as professional qualification and career entry, the paper also examines the profiling of HEIs and the internationality of the new programmes, and compares the results, in part, with the first interviews carried out in 2008. The publication is in German.
Further Information can be found in the publication stated below.