A big majority of students who graduated from the Hong Kong University of Science and Technology last year found work within six months, according to a survey. Of the more than 1,800 graduates who received bachelor's degrees last year, 98 per cent were working full-time or pursuing further studies by the end of the year, a survey conducted by the university's career centre showed. A total of 86 per cent had found full-time employment or started their own businesses by last December, an increase of four per cent over the previous year. Commerce and business (74 per cent) remained the largest employment sector, followed by manufacturing and industries (13 per cent) and education (four per cent). Only two per cent of the graduates were underemployed or unemployed, a drop from three per cent from the previous year. 'The employment record of our graduates remains highly satisfactory,' said Cheryl Lee, a counsellor at the university's career centre. 'Programmes here are practical and market-oriented, so our students are trained to be competitive in accounting technology, infrastructure and other flourishing industries. 'It remains to be seen how far the job market will be affected by the economic downturn.' 'The financial turmoil began last October, but most of our students had started job-hunting before May and secured a job by September.' The survey questioned 1,802 degree holders. The response rate was 99 per cent.