Rise in Chinese University graduates' average pay
Chinese University's class of 2006 is enjoying the benefits of a robust economy, according to the results yesterday of an employment survey that the university claims show its best results since 2001.
Students who graduated from the university last summer were earning an average of HK$15,228 a month, according to the survey, a 6.8 per cent increase on last year. The top earner was a medical graduate who pulls in a monthly income of HK$63,000.
The university's Career Planning and Development Centre, under the Office of Student Affairs, quizzed 2,516 graduates in November and December last year. It found 98 per cent of respondents secured either full-time or part-time employment, or were continuing their studies by the end of last year.
The vast majority - more than 70 per cent - had entered the field of commerce and industry, while 14.6 per cent had careers in education.
The CUHK study comes hot on the heels of a similar survey by the University of Hong Kong released last week. It found 99.8 per cent of last year's graduates were employed, earning an average monthly wage of HK$15,188, up 6.9 per cent on its survey last year.
HKU's highest-paid graduate was bringing in an annual salary of HK$1.14 million as a doctor in a private clinic.