The demand for workers with higher and postgraduate studies has not stopped growing in the labor market in recent years. According to the latest report on job supply and demand carried out by Infoempleo and Adecco, the number of offers that include a postgraduate degree as a requirement has doubled in recent years in Spain.
This demand would not only affect the number of offers that a candidate can access depending on the level of studies, but is also reflected in the salary received. According to the data collected, a worker with a master’s degree can earn an average of 12,000 euros per year more than one with a Baccalaureate, a difference that scales up to 16,000 euros per year if the comparison is with a worker with a Secondary education level.
Outside of Spain, the trend is similar. According to data collected by the Organization for Economic Cooperation and Development (OECD), the difference in salary between a worker with university studies and another with secondary education reaches an average of 38% in the age group ranging from 25 to 34 years. The figure soars in the case of senior workers, with salary differences that can reach 70% between profiles between 45 and 54 years old.
“Employability is one of the main objectives of those who go to university to update their knowledge,” they explain from TECH Technological University. It is the largest online university in the world in Spanish, specialized in postgraduate training and with an educational offer of more than 8,100 programs. As they highlight, 99% of its students have a job within a year after finishing their studies, and a similar percentage are able to advance in their professional careers after returning to university, which allows them top the ranking in terms of employability.
Postgraduate and continuous training
Postgraduate studies and continuous training have become a key tool to improve employability and gain weight in the new work context. The commitment to specialization serves as a differentiating element that is increasingly valued by companies, with the ability to tip the balance of a candidate when it comes to finding a job or promoting their professional career.
“One of the great challenges of today’s university is to serve as a bridge between the student and the labor market, relying on key concepts such as academic demand, internationalization and transversality”, say from TECH. “The university faces the challenge of establishing a dialogue with the world that surrounds it: analyzing it, understanding it and responding to real needs as far as possible,” add those responsible.
TECH Technological University, considered by Forbes As “the best digital university in the world in Spanish”, it belongs to the TECH educational group, a multinational company with Spanish capital that has its main headquarters in the Canary Islands. An international benchmark in the education sector, it has been considered by the Financial Times among the 200 fastest growing companies in Europe in 2017 and 2018, and is the Spanish technology company with the highest valuation of the last 15 years.
Its commitment to a one hundred percent online learning method has allowed the TECH group to have a presence in 24 Spanish-speaking countries, with more than 100,000 students currently enrolled and a total that exceeds 500,000 graduates international A strategic position at the international level that has allowed them to observe how interest in continuing and postgraduate training increases year after year, with employability as a key concept.
Back to university
In Spain, the demand of the labor market has also been reflected in the number of students who return to university to continue their training. According to the data provided by the Ministry of Education, through the EDUCAbase portal, the number of students enrolled in a master’s degree has not stopped growing in recent years. In the 2020-2021 period, the total number of students taking this modality was 248,460 in the university system as a whole, which is 31.56% more than in the 2015-2016 period, the first for which the platform is registered.
The data collected also reflects an evolution in the profile of the students. Of the total enrolled in the last period, 30% opted for a non-face-to-face modality, with 73,113 students. Likewise, 11.54% were over 40 years old, with a total of 28,670 senior students who returned to university to improve their professional profile.
“The recruiters assess the candidates in their entirety, taking into account their background, skills and training. Everything adds up and studying a course, diploma or postgraduate degree, can make a resume more attractive and be a decisive factor between two candidates with similar characteristics “, they point out from TECH.