Ending High, Starting High: Job Placement of Economics Graduates of Dhaka University

Azad, Abul Kalam and Emran, Sheikh Jafar (2018): Ending High, Starting High: Job Placement of Economics Graduates of Dhaka University. Published in: Social Science Review [The Dhaka University Studies, Part-D] , Vol. 36, No. 1 (1 June 2019): pp. 77-100.

Abstract

The goal of any educational institution is to contribute in academia, research and industry through creation, generation and distribution of knowledge. Educational institutions supply graduates as skilled labor while academia and industry demand those skilled labor. Therefore, the role of both institutions is complementary and one is serving other. Unfortunately, in Bangladesh very few educational institutions as well as various departments in universities have little knowledge about the employment scenario of their graduates. So, there is a knowledge gap about identifying the factors that determine the probability of employment of graduates. This paper shows that M.S.S result, gender, mother education and family income are the most significant factors for the employability of a graduate of Economics Department of the University of Dhaka. Result shows that if M.S.S. result of an Economics graduate increases by 1 point from mean value of CGPA then the probability of employment increases by 0.52 compared to graduate with average CGPA. Negative marginal effect of gender on employability implies the presence of gender discrimination in job market in Bangladesh for these graduates. The negative coefficient of B.S.S. result shows that only undergraduate degree holders are not preferred in job market of Bangladesh as copious number of master degree holders available to hire. Moreover, the positive marginal effect of family income shows that richer families can afford better education which pays some kind of employment dividend. In addition to that the positive marginal effect of mother education implies mother plays a crucial role to build strong educational foundation during childhood and it pays off eventually.

• Item Type: MPRA Paper
• Language: English
• Keywords: Employment, Graduate, Job Market Placement, Probit Model
• Subjects: I - Health, Education, and Welfare > I2 - Education and Research Institutions; I - Health, Education, and Welfare > I2 - Education and Research Institutions > I26 - Returns to Education; J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J24 - Human Capital ; Skills ; Occupational Choice ; Labor Productivity; J - Labor and Demographic Economics > J3 - Wages, Compensation, and Labor Costs > J31 - Wage Level and Structure ; Wage Differentials

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