The latest Government education data release has shown that graduates of the University of Gloucestershire's Business School are, on average, 4% more likely to be in sustained employment or further study 5 years after graduating. In addition, on average, University of Gloucestershire graduates earn £700 a year more than their peers 3 years after graduating.
These figures come the morning after the 'Outstanding Employer Engagement Strategy' at last night's (Thursday 21 June) Times Higher Education Leadership and Management Awards 2018 and ahead of the opening of the University's new multi-million pound Business School in Gloucester.
The Growth Hub, based at University's Gloucester campus, won the award for its outstanding employer engagement and services to business. Since opening in 2014 the Growth Hub has generated 13,655 work placements/ internships for University students and it has helped local businesses increase productivity and grow the economy in Gloucestershire. The Growth Hub also creates opportunities for University students to build their contacts and understanding of what it is really like to set up, run and grow a business.
The release of the Government's Longitudinal Education Outcomes data, which combines data from HMRC, Department for Work and Pensions, Department for Education and the Higher Education Statistics Agency (HESA), tracks earnings by graduates of different subject areas from each university over a period of years. This year's figures highlighted that compared to their peers, University of Gloucestershire Business School graduates are 4% more likely to be in sustained employment, further study or both 5 years after graduating. In addition, on average, University of Gloucestershire graduates earn £700 a year more than their peers 3 years after graduating.
From September 2018 the Growth Hub will be fully integrated and co-located in the university's brand new Business School opening in Gloucester. With Growth Deal funding support, this will create a unique space bringing together businesses, students, staff and the full range of the University's business support and economic development activities in one place.