| Abstract : |
Report explores graduates who left higher education in 2003 and their employment destinations.
Summary
Of the 300,013 graduates and diplomates who left higher education in 2003 and whose destinations were known, 7,030 (2.3%) were self-employed six months after graduation.
Of first degree graduates, 2.9% of those who were in employment six months after graduating had set up their own business. This corresponded to 4,191 graduates.
Male graduates were more likely to have entered self-employment than their female counterparts. Of the 7,030 graduates and diplomates who entered self-employment, 54% were male and 46% were female.
Creative arts and design graduates were the most likely to go into self-employment at this early stage of their careers.
Graduates with their region of domicile, location of study, or place of work in London or the South East were the most likely to have set up their own business. Conversely, those who either came from Northern Ireland, studied there, or worked there, were the least likely to be self-employed.
The most popular types of work which self-employed graduates went into were media, PR, literary, design & sports professions, with two in five self-employed graduates entering these occupations.
Male graduate entrepreneurs were a lot more likely than their female counterparts to have entered IT and engineering professions, whilst female graduates were more likely to have taken up work in nursing & health, and teaching occupations.
Graduates who were self-employed were less likely to be in non-graduate occupations compared with the whole working graduate population.
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