Pros and Cons of Having a Degree

Pros and Cons of Having a Degree

Having A Degree

The pros and cons of a university education when it comes to getting a job

If you’re thinking that you need a university degree to stand any chance of getting a prestigious job, then you may not be entirely correct. It is certainly true that some professions and other occupations still require a degree, and possibly a degree relevant to the role as well. However, not all professional roles require a degree. For example, accountancy firms routinely recruit school leavers with good A-levels, indeed some of the largest accountancy firms have massively increased their school leaver recruitment in recent years.

Sharon Spice, director of global student recruitment at the Institute of Chartered Accountants in England and Wales, commented:

“School-leavers have a ‘can-do’ attitude and want to demonstrate that that they are just as good as graduates. I’ve also heard that those who come via the school-leaver route tend to be more loyal and keen to stay with their firms after they qualify because they appreciate the belief employers showed in them early in their careers.”

The advantages of a university education when it comes to securing a job include:

  • SOME CAREERS ARE STILL ONLY OPEN TO GRADUATES, E.G. LAW, MEDICINE AND RELATED FIELDS, AND SOME SCIENCE AND ENGINEERING ROLES
  • ‘UNIVERSITIES UK’ CLAIMS THAT GRADUATES ON AVERAGE EARN £10,000 MORE PER YEAR THAN NON-GRADUATES; AND THE GOVERNMENT SAYS THAT OVER AN ENTIRE CAREER, FEMALE GRADUATES EARN AN EXTRA £252,000, WHILE MEN CAN EXPECT AN EXTRA £168,000 ON AVERAGE
  • GOING TO UNIVERSITY, AND LIVING AWAY FROM HOME, CAN HELP YOU DEVELOP MASSIVELY AS A PERSON

The reasons why it may be best to go straight into work from school include:

  • YOU CAN REALLY GET A HEAD START ON THE CAREER LADDER, FOR EXAMPLE SCHOOL LEAVERS CAN BECOME FULLY QUALIFIED ACCOUNTANTS BY AGE 22
  • GETTING A DEGREE CAN BE AN EXPENSIVE BUSINESS, WITH TUITION FEES IN EXCESS OF £9,000 PER YEAR, LEAVING YOU SADDLED WITH DEBT FOR YEARS TO COME
  • THE SALARY BENEFITS OF HAVING A DEGREE VARY MASSIVELY DEPENDING ON WHERE YOU STUDIED, AND WHAT SUBJECTS YOU READ
  • SOME EMPLOYERS, ESPECIALLY IN SMALLER COMPANIES, PREFER NON-GRADUATES, AND SPEAK OF HAVING BEEN TO THE ‘UNIVERSITY OF LIFE’
  • YOU CAN ALWAYS DECIDE TO GO TO UNIVERSITY LATER IN LIFE AS A MATURE STUDENT

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