15 August 2017
Aston University does more to boost the earnings of its graduates than nearly every other university in the UK, according to a new study by The Economist.
The analysis, based on a comparison of actual and estimated earnings, found that Aston graduates earned on average £2,966 more than expected five years after graduation.
In its conclusion, the study called into question the true value of elite universities.
It said: “The analysis shows that it is not always the famous universities that make the biggest difference.
“Focusing too much attention on elite universities may be ill-advised if much of their success is attributable to the calibre of students they attract.
“It can be better to study what goes on in Portsmouth and Aston than in Oxford and Cambridge.”
The ranking compared the actual earnings of graduates with an estimate of what they were expected to earn.
This estimate is based on several factors, including the subjects people study, their exam results at school, age, family income, whether they went to private or state school and where the university was located.
Professor Alec Cameron, Vice Chancellor of Aston University, said: “As the analysis itself notes, a university is as good as its students, and we have a unique ability to attract extremely talented students who might not always come from the most privileged background, but are willing to work hard to forge a lucrative and rewarding career for themselves.
“We have performed well in this ranking because of the work we do to prepare our students for a top career.
“Nearly 70 per cent of our undergraduates carry out work placements as part of their degree programmes.
“We inform the content of our courses by consulting regularly with businesses to ensure our students learn the skills they’re looking for.
“That’s why four in five of our graduates will have a graduate-level job or move into further study within six months of graduation.
“This result gives substance to one of our key messages to young people as we enter clearing – Aston graduates earn more.”