On 1st July 2017, Carrie Lam, the first female Chief Executive of Hong Kong quoted 2 QS rankings in her inauguration speech in front of  China President Xi Jinping and 2,000 VIP guests to highlight 20 years education achievements of HK since its handover to China.

HK leader quoted QS in inauguration to prove 20 years achivements

On 1st July 2017, Carrie Lam, the first female Chief Executive of Hong Kong quoted 2 QS rankings in her inauguration speech in front of  China President Xi Jinping and 2,000 VIP guests to highlight 20 years education achievements of HK since its handover to China._2017070109545345678

In her inaugural speech, Lam vowed to repay the trust and support of the people and the central government’s support with “with diligence and achievements”.

She said, “On this important day marking the 20th anniversary of Hong Kong’s return to the Motherland, and as witnessed by all here present, I have been sworn in by the President of the People’s Republic of China as the fifth-term Chief Executive of the Hong Kong Special Administrative Region. It is with a humble heart that I accept this greatest honour of my life and prepare to take on the greatest challenge in my public service career. Over the next five years I will respond to the trust and support placed in me by the people of Hong Kong and the Central People’s Government with diligence and achievements of the governing team under my leadership”.
_2017070109254113229When reflecting on the achievements HK has achieved in the past 20 years returning to China, she said:

“Hope propels a society forward, and confidence is the foundation of hope. We have no reason to lose confidence if we look closely and rationally at what we have achieved over the past two decades since our return to the Motherland”. She started to list all the achievements HK has got on its economy, finance, an the rule of law and safety. She concluded this section by quoting 2 QS universities rankings to highlight the education achievements of HK since returning to China in 1997:

“Five of our universities rank among the world’s top 100, and the Faculty of Dentistry of the University of Hong Kong is the best dental school in the world”.

"Five of our universities rank among the world’s top 100, and the Faculty of Dentistry of the University of Hong Kong is the best dental school in the world". On 1st July 2017, Carrie Lam, the first female Chief Executive of Hong Kong quoted 2 QS rankings in her inauguration speech in front of China President Xi Jinping and 2,000 VIP guests to highlight 20 years education achievements of HK since its handover to China.

“Five of our universities rank among the world’s top 100, and the Faculty of Dentistry of the University of Hong Kong is the best dental school in the world”. On 1st July 2017, Carrie Lam, the first female Chief Executive of Hong Kong quoted 2 QS rankings in her inauguration speech in front of China President Xi Jinping and 2,000 VIP guests to highlight 20 years education achievements of HK since its handover to China.

 

 

Dr. Christina Yan Zhang, China Director, QS Intelligence Unit, said, “It is a tremendous honour to hear that 2 QS university rankings was quoted by the new Chief Executive of HK in her inauguration speech, as the only benchmark, to prove 20 years education achievement of HK since handover to China. HK is one of the best place in the world for higher education. I look forward to the opportunity to working more closely with each of the HK university and the government in further strengthening their international competitiveness across all key subjects areas!”

On 8th June 2017,  Dr. Christina Yan Zhang, China Director, QS Intelligence Unit, said in an interview with Ta Kung Pao, the oldest active Chinese language newspaper in China, that “Three out of five Hong Kong Universities which are ranked within the global top 100 were established less than 50 years ago.  That is mainly due to HK’s unique advantage of geographic location and prosperity of its economy. HK have been able to cultivated some of the world’s best universities in a short time with its big research impact,  strong innovation, truly international environment, and the ability to attract some of the top talents from around the world.  Its influence is increasingly felt globally. The Dentistry of Hong Kong University has twice been ranked as the world’s No.1 has again demonstrated the unrivalled world-class excellence of Hong Kong higher education system. Hong Kong Universities are going to continue its leading position in more cutting-edge subjects soon.

On 8th June 2017, Dr. Christina Yan Zhang, China Director, QS Intelligence Unit, said in an interview with Ta Kung Pao, the oldest active Chinese language newspaper in China, commented on major improvements of HK universities’ global impact and excellence. Dr. Christina Yan Zhang’s comments was quoted by Carrie Lam Cheng Yuet-ngor, the first female Chief Executive of Hong Kong on 1st July 2017, when sworn in by China President Xi Jinping, as city marks 20 years since handover

On 8th June 2017, Dr. Christina Yan Zhang, China Director, QS Intelligence Unit, said in an interview with Ta Kung Pao, the oldest active Chinese language newspaper in China, commented on major improvements of HK universities’ global impact and excellence. Dr. Christina Yan Zhang’s comments was quoted by Carrie Lam Cheng Yuet-ngor, the first female Chief Executive of Hong Kong on 1st July 2017, when sworn in by China President Xi Jinping, as city marks 20 years since handover

 

Celebrating the Faculty’s 35th anniversary and its being ranked World’s No. 1 dental faculty by the QS World University Rankings by Subject 2017 for a second consecutive year, the Faculty of Dentistry at the University of Hong Kong (HKU) held a whole day symposium at the Prince Philip Dental Hospital, followed by a gala dinner on November 23, 2017. Over 350 guests, including government officials, international scholars from China, Asia and Europe, the Faculty’s alumni, dental professionals & researchers, bachelor and postgraduate students and prominent business representatives, participated in this most memorable event. Guests of Honour (from left to right) Professor Peter Mathieson, Professor the Hon Sophia Chan, the Hon Mrs Carrie Lam, Professor the Hon Arthur Li and Professor Thomas Flemmig celebrate HKU Faculty of Dentistry 35th Anniversary cum being the World’s No.1 Dental Faculty

Celebrating the Faculty’s 35th anniversary and its being ranked World’s No. 1 dental faculty by the QS World University Rankings by Subject 2017 for a second consecutive year, the Faculty of Dentistry at the University of Hong Kong (HKU) held a whole day symposium at the Prince Philip Dental Hospital, followed by a gala dinner on November 23, 2017. Over 350 guests, including government officials, international scholars from China, Asia and Europe, the Faculty’s alumni, dental professionals & researchers, bachelor and postgraduate students and prominent business representatives, participated in this most memorable event. Guests of Honour (from left to right) Professor Peter Mathieson, Professor the Hon Sophia Chan, the Hon Mrs Carrie Lam, Professor the Hon Arthur Li and Professor Thomas Flemmig celebrate HKU Faculty of Dentistry 35th Anniversary cum being the World’s No.1 Dental Faculty.

 

The full inauguration speech can be found here.

On 1st July 2017, Carrie Lam, the first female Chief Executive of Hong Kong quoted 2 QS rankings in her inauguration speech in front of China President Xi Jinping and 2,000 VIP guests to highlight 20 years education achievements of HK since its handover to China.In her inaugural speech.

Carrie Lam Cheng Yuet-ngor,  is the first female Chief Executive of Hong Kong. She joined the Administrative Service of the Hong Kong Government in 1980 and has served the public for more than 36 years in 20 public service positions including Director of Social Welfare, Permanent Secretary for Housing, Planning and Lands (Planning and Lands), Director-General of the Hong Kong Economic and Trade Office in London, Permanent Secretary for Home Affairs, Secretary for Development and Chief Secretary for Administration.

Madam Liu Yan Dong, Vice Premier of China, is one of the most influential female political leader in China and in the world

China Vice Premier Endorsed QS work in Major speech Highlighting 5 Years Plan for Chinese Universities

 

On 8th January 2016, during an important speech in the State Council of China, highlighting China’s 13th Five-Year Plan on education(2016-2010) for nearly 3000 Chinese universities, Madam Liu Yandong quoted the latest QS World University Ranking results to demonstrated the international competitiveness of top Chinese universities have already been recognised globally. This makes QS the only world university ranking being endorsed by the top Chinese government leader.

A graduate of Tsinghua University, Liu’s career has long been associated with Hu JinTao, China’s President 2003-2013, who she has been working closely with in the Communist Youth League colleague. In 2013, she was appointed Vice Premier, second in rank, with responsibility to oversee the portfolios of health, education, and sports. Liu is the fifth-ever female Politburo member since the foundation of the PRC in 1949. Since the appointment, Madam Liu is not only the most powerful woman in the Chinese government, but also one of the most powerful in the world.

Based on the 13th Five-Year Plan of China on Education: China aims to build a group of top Chinese universities with world-class quality and reputation by 2020.

In order to achieve this ambitious goal, more than 110 “high-level” universities will be established across China in the next 5 years. Some 11 provincial regions have also come up with financial support measures, with the total amount raised close to 40 billion RMB. Shandong province said it would raise up to 5 billion RMB, while Hubei province pledged an annual investment of 1 to 2 billion RMB.

Key tasks requires to achieve those goals include focuses on student quality, innovation, international cooperation, teaching quality and so on.

The 13th Five-Year Plan of China also gives details on the students number they want to reach. For example, in 2015, the number of students receiving higher education, nine-year compulsory education, and preschool education reached 36.5 million, 140 million, and 42.7 million respectively. The Chinese government aim to increase those numbers to 38.5 million, 150 million, and 45 million by 2020. A special focus has been put on the recruitment of top international students outside China.

In the speech of Madam Liu, which is published by the official website of China’s State Council, she said: “The international reputation of China’s education has been growing from strength to strength. Some of the academic disciplines in China have already reached leading positions internationally. This has helped to gain invaluable experience for Chinese universities to developed themselves into top world-class universities with Chinese characteristics. The overall world university ranking of Chinese universities have been rising in recent years, with remarkable progress in academic papers published and international reputations. In 2015, there are 25 Chinese university in mainland China that has been included in the UK’s QS World University Ranking Top 500. ”

This major speech took place at a critical and important time for the Chinese education sector. Firstly, all the Chinese universities just finished its 12th Five Year Plan(2010-2015) and is about to start implement its next 5 year plan. Secondly, the Chinese government have not revealed details on how to allocate the next round of government funding to support all Chinese universities to implement their next 13th Five-Years Plan. Thirdly, the State Council of China aim to build more and more universities and majors which are rated as “world-class” by 2020. However, the Chinese government in the past has not made it clear which university rating systems they would adopt to evaluate the performance of Chinese Universities’ global standing. The Vice Premier’s speech quoting QS ranking to applaud the improvements of Chinese universities are strong recommendation for QS rankings to become one of the major benchmarks to guide China’s next around of education reform.

Dr. Christina Yan Zhang, China Director, QS Intelligence Unit, said “I am completely overwhelmed by this fantastic news. China is one of the most difficult and complicated markets in the world. It is a tremendous privilege and surprise to get endorsement from China Vice Premier for our work 2 years after I joined QS. I would like to take this opportunity to thank everyone in my amazing dream team in QSIU and QS, without your amazing support, unswerving trust, and invaluable advice since day one I joined, this would never have been possible. Next step, let us continue working closely together to help 3000 Chinese universities of 37 million students to reach their true potentially in the next 5 years!”

(Dr. Christina Yan Zhang, China Director, QS Intelligence Unit, speaking at a University Presidents’ Forum in China recently on the future directions for universities presidents to collaborate efficiently across borders, with top universities presidents from the UK, USA, Mexico, Thailand, Belgium, Russia and Cambodia)

Overview

HEW Newsletter – Rankings Results 2015/16: An Overview

Despite the improved methodology described elsewhere in this issue of Higher Education World, the 2015/16 QS World University Ranking agree with last year’s on one thing: the Massachusetts Institute of Technology is the world’s top university. It has near-perfect scores on five of our six measures, and comes 62nd in the world on the other, its percentage of international students.

The stability of these rankings is also evident from the fact that the same institutions fill the top eight places in the Ranking as last year, although MIT is the only one in the same position. The most spectacular move affects Imperial College, London. It is down from second to eighth place, largely because of a 59-place fall in its citation per faculty member count. This is likely to be due mainly to the reduced emphasis that we now place upon excellence in biomedicine.

Read more

ibmwatson

IBM Watson partners with top universities through its cognitive computing academic initiative

IBM Watson is an artificially intelligent computer system capable of answering questions posed in natural language, developed in IBM’s DeepQA project by a research team which was led by principal investigator David Ferrucci[i] IBM Watson first appeared the game show Jeopardy! competing and winning against the two of the most successful contestants on the show, Ken Jennings and Brad Rutter.

In 2011 IBM announced it was collaborating with eight leading technology universities to advance the question answering technology of Watson. These universities were[ii]:

  • Carnegie Mellon University
  • Massachusetts Institute of Technology
  • University of Southern California
  • University of Texas at Austin
  • Rensselaer Polytechnic Institute
  • University at Albany
  • University of Trento (Italy)
  • University of Massachusetts Amherst

IBM intended to market the DeepQA software to large corporations with a very high price[iii] in the millions of dollars, which was expected to decrease as the technology improved.  However in 2013, it was reported that there were three companies who were working with IBM to create apps embedded with Watson technology[iv]. In November of that year, IBM announced it would make Watson’s API available to software application providers, enabling them to build apps and services that are embedded with Watson’s capabilities[v].

There are several ways universities can get involved with Watson – from full semester courses with unprecedented access to Watson, to weekend Hackathons and Case Competitions. All designed so that students can engage with cognitive services, access IBM resources, and broaden portfolios[vi].

On 15th January 2015 IBM announced the first winner of its Watson University Competition which is part of the company’s partnership with top universities through its cognitive computing academic initiative. The winning team of student entrepreneurs, which in this case were from the University of Texas at Austin, receive $100,000 in total in seed funding to help launch a business based on their Watson app, which offers the promise of improved citizen services.

 

[i] http://researcher.watson.ibm.com/researcher/view_group.php?id=2099

[ii] http://www-03.ibm.com/press/us/en/pressrelease/33636.wss

[iii] http://en.wikipedia.org/wiki/Watson_%28computer%29#cite_note-nytmag-11

[iv] https://www.internetretailer.com/2013/12/03/ibms-watson-computer-helps-shoppers-new-app

[v] http://www.forbes.com/fdc/welcome_mjx.shtml

[vi] http://www.ibm.com/smarterplanet/us/en/ibmwatson/academic.html

india v china

India’s outbound student growth overtakes China for the first time

The first-ever Indian Students Mobility Report 2015, released by M.M Advisory Services reveals a renewed growth in the Indian student market, with student outflows surpassing China for the first time. The new report looks into Indian student mobility trends to the main English-speaking countries – the Australia, Canada, New Zealand, the United Kingdom and United States. These account close to 85% of the total outbound student mobility from India.

China saw a growth rate of 8% in student numbers to the five English-speaking countries between 2013-14, India drew a higher growth rate at 10%. There were over 300,000 students from India in 2014, however this figure still lags behind China’s 650,000 Students. Nonetheless, growth in the Indian market is a welcome change to the slump experienced over the past 4-5 years. The report further estimates the international students market in India is currently valued over $4.5bn, strengthening its position in the student mobility market.

India growth

Source: Indian Students Mobility Report

 

According to the firm, with the exception of the United Kingdom, every other country has seen more students go from India this year than previously. This could perhaps be attributed to the strict visa rules introduced in 2014.

The report, examining trends since 2005, was prepared using statistics and data from government departments in various receiving countries including the US’s Institute of International Education, the UK’s Higher Education Statistics Agency (HESA) and the Organisation for Economic Co-operation and Development (OECD).

 

Jim O'Neille_副本

QS Meet MR. BRIC Jim O’Neill

On 11th March 2015, Dr. Christina Yan Zhang, China Director, QS Intelligence Unit met Jim O’Neill, ex Chairman Goldman Sachs Asset Management, father of the term “BRIC”. They enjoyed an interesting discussion on the QS BRICS University Ranking.
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About the Conference
This is the 3rd year of the annual China Business Conference, oragnised by the China-Britain Business Council. This year, it attracts 500 participants, most of leading business leaders who are working on the Chinese market. More than 40 topical speakers have been invited from McKinsey, Alibaba, Arup, UK and PRC Government, Oxford University, just to name a few. The event was supported by CBI, London & Partners, British Chambers of Commerce, Commercial Section of the Chinese Embassy, China Council for the Promotion of International Trade, The UK Chinese Business Association.
CBBC conference

Key topics cover:
Education, Innovation & Entrepreneurship
Healthcare
Liveable Cities
The Chinese Consumer
China Outbound
Visiting Britain – The Experiential Economy
Advanced Manufacturing

goldman sachs
Jim O’Neill on the Chinese Economy
Jim O’Neill is previously the chairman of Goldman Sachs Asset Management. He is one of the world’s most famous economists, who is best known for coining the term BRIC, which stands for Brazil, Russia, India, and China—the four rapidly developing countries that have come to symbolise the shift in global economic power away from the developed G7 economies.

Jim gave a keynote speech titled “Growth & China: Quality vs Quantity”. He seems to be very optimistic about the Chinese economy.

He argued that the slightly slowed Chinese economy is not a bad thing that might have concerned some. Instead, he argue that the Chinese economy currently stands at 7% GDP growth annually is mainly because “the Chinese government want its economy to slow down”. “The Chinese government is pursuing quality as opposed to quantity of growth”.

The Chinese economy has already slowed down in the past decade. However,”China’s economic growth hasn’t slowed as much as I predicted for the whole decade – yet.” And “China is the only BRIC not to disappoint”.

“Economically, at 7% growth, China creates another India every 2 years, another UK every 1 year, and another South Africa every 3 months”.

Talking about the role of the Chinese economy in the world, he pointed out that “the world economy in past 20 years has not slowed down that much than expected was directly a result of the strength of the Chinese economy”.

In conclusion, he proposes that he is very looking forward to 2016 when China would be hosting the G20 and he is keen to talk to policies makers in China to assist the sustainable development of its economy and hence the global economy.

can-the-ecbs-latest-stress-tests-prevent-another-round-of-banking-failures-659x380
Jim O’Neill and QS BRICS University Ranking
It was not the first time Dr. Christina Yan Zhang, China Director of QS Intelligence Unit met Jim O’Neill. They met quite a few times before at various events. For example, 30th September 2014 Lecture with Gerard Lyons and Jim O’Neill, The New Economic and Political World Order: Challenges and Opportunities on 30th September 2014 at the 48 Group Club event.

Before his keynote speech at China-Britain Business Council China Business Conference, Jim O’Neill and Dr. Christina Yan Zhang had a discussion about the QS BRICS University Ranking.

Jim O’Neill was surprised that it was the Russian, rather than the Chinese government who sponsored the BRICS Universities Ranking! Obviously, Mr. BRICs believed that China was the one that performed best among the BRICS countries and ideally, they would be the one to sponsor a regional rankings like this.

Jim O’Neill was very pleased to read the QS BRICS University Rankings and happily took a photo holding the ranking supplyment with Dr. Christina Yan Zhang.
Jim 1
(On 30th September 2014, Dr. Christina Yan Zhang, China Director, QS Intelligence Unit met Jim O’Neill at a 48 Group Club event with Gerard Lyons spoke on The New Economic and Political World Order: Challenges and Opportunities)

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QS met OECD Secretary General

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On 23th Febuary, Dr. Christina Yan Zhang, China Director, QS Intelligence Unit, was invited to an event where Angel Gurría Secretary-General of OECD was giving a City Lecture hosted by Official Monetary and Financial Official Monetary and Financial Institutions Forum(OMFIF) The Livery Hall of London, UK.

OECD
The Organisation for Economic Co-operation and Development (OECD) was founded after WWII, in 1948 to run the US-financed Marshall Plan for reconstruction of Europe. Since 1961 when the new OECD Convention was implemented, OECD has grown to become an influential international economic organisation of 34 countries, supporting economic progress and world trade. Through close working partnership with Brazil, China, India, Indonesia and South Africa, OECD actively engage 40 countries that account for 80% of world trade and investment.

Angel spent about half an hour talking about his view on efficient measures to attract global investments to bring about stronger, fairer and greener economic growth around the world. He had quoted a lot of figures in his speech to highlight the importance of productivity in boosting long term economic growth around the world.

Productivity Freeway Exit Sign

He stressed many times in his speech the reasons that many countries in the world now start to experience slow growth economy- It is mainly because of productivity issue in the labour force-not since the financial crisis in 2008 , but long before that.

To order to enhance productivity, education is positioned at the centre, to support innovation, entrepreneurship, skills of labour markets, research, knowledge transfer. He used the example of Greece to highlight the issue of how low productivity has impacted on its economy.
public-school-tightrope

The OECD Secretary General believed that now it would be the right time to encourage countries to develop a knowledge-driven economy, with more investments to strengthened infrastructure and better finance to support SMEs are all important to enhance productivity of countries, and hence boost long term economic growth.

On infrastructure, he said that measures should be developed to encourage more private sector to actively participate in infrastructure investment through the Public Private Partnerships (PPP).

giurria

Questions to the OECD Secretary General
As always, I was the first to raise the hand to ask the VIP speaker a question. I did think about asking him a question on education related question. But since he had spent so much time talking about the importance of productivity and the role of education in supporting. It might sound a bit repetitive in doing that. Therefore, I said: “Mr. Secretary General, you know it is now Chinese New Year now. While people around the world are celebrating Chinese New Year, many policies makers around the world are also discussing the Chinese Economy, which has grown into a ‘New Normal’stage, with slightly slower but healthy economic growth as proposed by Chinese President Xi Jinping. What is your view on the Chinese Economy with the ‘New Normal’growth, and how would that impact on our discussion today-global investments to support a stronger, fairer and greener growth”.

Clearly, the OECD Secretary General is very optimistic about the Chinese economy. He said that “The Chinese Economy with an annual growth rate of 7% is sustainable”. He thought the Chinese government is obviously very modest about their own economic forecast-“When President Xi Jinping said that the Chinese Economy would maintain about 7%, that is probably means the Chinese economy would remained at about 7.5% growth a year”. “They always tend to low-down the economic growth. That is very smart.If you end up 7.2%a year, you could say you over-shot the proper target”. China’s GDP grew at 7.4% last year”. “At such a growth rate, It does not let you lose any credibility. This is especially useful if you moderate the speed of growth. I think 7% growth is sustained and is good, which is normal, which is proper.I think anyone who thought they would be able to sustain 11% growth every year is not sustainble”. In conclusion, he said, “The current Chinese economy is stronger, fairer and greener growth”.
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QS Discussion
After the lecture, Dr. Christina Yan Zhang had enjoyed a interesting discussion with Angel Gurría Secretary-General of OECD on potential opportunities for OECD to work with QS on education related projects. Mr Secretary-General of OECD was very interested in what QS have been doing on the World University Ranking. He was very happy to be given the QS World University Ranking 10 Years Anniversary Book and a supplement of the QS World University Honoured. The Secretary General said he would like to ask Andreas Schleicher – Director for the Directorate of Education and Skills at OECD to get in touch and explore opportunities working together.

20150223_144203_ OECD
(Angel Gurría Secretary-General of OECD took a photo with Dr. Christina Yan Zhang, China Director, QS Intelligence Unit, holding both QS World University Ranking 2014 Supplement and QS World University Ranking 10 Years Anniversary Book, as a special recognition of the great work QS has been doing in the world of higher education)

jantofg_TcBlog3_MOOC_7

MOOCs: The Global Employer Perception

Graduate Recruiter October 2014 cover

The Association of Graduate Recruiters(AGR) is an employer-led membership organisation, whose goal is to ensure that all member organisations can recruit and develop the best student talent for their needs and the needs of the UK economy.

With a diverse network of over 700 members, they work closely with employers, the education sector, and supplier partners to represent big employers in the UK.

They invited me to contribute to a special piece on their magazine on the latest IT used in the world of graduate recruitment: Graduate Recruiter. This magazine is published every two months, and is considered as “an essential guide to the latest developments and innovations in graduate recruitment”.The article is published in the October issue of 2014. Here is the original article submit.

You can read the online version of the magazine here. It is on page 22-23. There is a scanned version of the page.

employer page 29-30 MOOCS

According to the latest research from QS, out of 4897 employers 71% said they were not familiar with MOOCS That the QS Global Employer Survey covers nearly 28, 000 employers from 24 major industries within 134 countries the world over, the findings point to a challenging scenario and signal that the growth curve of MOOCS within the mind of industry is yet to occur. More detailed on the survey responses can be obtained by emailing Dr. Christina Yan Zhang, China Director, QS Intelligence Unit at Christina@qs.com.

The findings further revealed that:

1. On average, currently only 29% (less than 1/3) of employers surveyed are aware of or familiar with MOOCs.

Figure 1: Of all the employers who responded to the question “Are you aware of/ familiar with MOOCs”, more than 2/3 responded negatively.
MOOC figure 1

2. Employers consider MOOCS as a valid form for professional development.

Indeed, here the figures yield more promise in that 82% of the 884 employers surveyed globally view MOOCs to be a valid platform of professional development(Figure 2).

Figure 2: detailed breakdown of different regions of the world where employers consider

MOOCs to be a valid form for professional development.
MOOCs figure 2

3. Most employers would encourage their staff to take MOOCs.

84% of 722 employers surveyed would encourage their staff to take MMOCs. (Figure 3).

Figure 3: Employers who support or encourage staff to take MOOCs

MOOCs figure 3

4. MOOCs completion on a CV is widely considered by employers as a positive factor in recruiting.

As shown in Figure 4, 71% of 875 surveyed employers consider MOOCs completion on a CV as a positive factor in recruiting

Figure 4: Employers who consider MOOCs completion on a CV as a positive factor when recruiting.

MOOCs figure 4

5. Of 887 respondents who answered the question “What are the main areas you would like to see MOOCs developed?” the breakdown was as follows (figure 5):

Figure 5: employers who consider the main areas where they would like to see MOOCs
Developed in line with the needs of respective corporate scenarios:

MOOCs figure 5

Of those selecting ‘other’ – a significant proportion cited areas related to human resources.

24453-32620

Employers Global Salary Trends

Graduate Recruiter October 2014 cover

The Association of Graduate Recruiters(AGR) is an employer-led membership organisation, whose goal is to ensure that all member organisations can recruit and develop the best student talent for their needs and the needs of the UK economy.

With a diverse network of over 700 members, they work closely with employers, the education sector, and supplier partners to represent big employers in the UK.

They invited me to contribute to a special piece on their magazine on the latest IT used in the world of graduate recruitment: Graduate Recruiter. This magazine is published every two months, and is considered as “an essential guide to the latest developments and innovations in graduate recruitment”.The article is published in the October issue of 2014. Here is the original article submit.

You can read the online version of the magazine here.

It is on page 28-29. Here is a scanned view of the two pages here.
employer 7 page 22-23

Employers Global Salary Trends

By Ms. Susan Gatuguta Gitau, Analyst & Project Manager;

& Dr. Christina Yan Zhang, China Director QS Intelligence Unit

salary-survey-2014

The QS Global Employer Survey has been running for the past ten years. In 2014, nearly 29,000 employers from 24 main industries in 134 countries completed the survey, providing invaluable data for the Employer Reputation component of the QS World University Rankings® as well as strategic insight into current recruiter trends.

The value of basic compensation offered by employers in Eastern Europe and Latin America falls below $20,000 per annum. This outcome is mirrored by the findings from the Global Cost of Talent Index from Universum. Students from some countries within these respective regions displayed low salary expectations. The Asia Pacific, Western Europe and US & Canada compensation is valued above the global average while Africa & Middle East falls 5% below the global average.

Chart 1 – Average graduate compensation offered by national, regional and global recruiters

employer 1

The global average salary has steadily increased since 2011 signalling a steady recovery from the deep global recession. The fastest rate of growth was experienced in 2012, this, symptomatic in the uptake of confidence in the global economy.

Chart 2 – Global average salary in US dollars (USD)

employer 2

Northern European employers are seen to offer the highest compensation on the whole, with Denmark and Norway offering the highest salaries. Southern Europe, by contrast, draws the lowest salaries. Countries classified within this sub region i.e. Cyprus, Greece, Italy, Malta, Spain and Turkey have fared poorly in the global recession and are laden with heavy government debt that has had a domino effect on business viability, at the local and national level. Switzerland ($92,550) offers the highest salaries in Western Europe with Swiss respondents displaying a greater preference for Masters Candidates. Swiss employers, furthermore, display steady year on year compensation.

Chart 3 – Average salary in Western Europe

employer 3

Australasian employers (Australia and New Zealand) offer the highest salaries in the Asia Pacific region, approximately$19,000 above the regional average. According to the Australian Graduate Survey, the median starting salary for new bachelor degree graduates aged less than 25 and in their first full-time employment in Australia is AUD $52,450 . At $11,230, Central Asia (Azerbaijan, Kazakhstan and Kyrgyzstan) falls far below the regional average salary.

Chart 4 – Average salary in Asia Pacific

employer 4

Comparing local and international employer compensation

The gap between domestic and multinational recruiters is most significant in the Asia Pacific at 27%, equating to a shortfall of $10,000. Comparatively, Western Europe boasts the narrowest gap with local pay at 6% less than their intentional counterparts. Eastern European domestic recruiters exhibit the second highest pay gap at 20% below international recruiters.

Globally, a 35% gap exists between domestic and international employers – however this gap is seen to shrink over time. Multinational companies coordinate recruitment on a global level, and do not want to drive top candidates away from key geographies because of a salary differential. As international companies set up operations in emerging markets, they are increasingly willing to pay more for candidates who they see as critical to establishing a foothold in each region. Over time, it is likely that differentials with local companies will diminish, as they respond by trying to attract talent for equivalent positions globally with more competitive salaries and bonuses.

Chart 5 – Salary differentials between local and multinational employers by region

employer 5

Salaries by industry

The Pharmaceutical sector is the highest paying sector with an average salary of $34,880 and offers the highest average Postgraduate salary at $40,590 (offered by national, regional and global employers). It is the financial industry, who follows a close second in terms of postgraduate salaries, whilst leading with the highest Undergraduate salaries at $31,690. The average starting salary for the Pharmaceutical sector, at $31,570, a mere $120 behind.

In comparison to postgraduate candidates, the highest compensation gap exists in Pharmaceuticals at 29%. A postgraduate degree is equally a favourable option in Consulting, Finance and Other industries, all of whom post an average compensation gap over 20%. Undergraduate and postgraduate salaries are drawn closer in Technology with a 15% compensation gap.

Table 6 – Average salary by industry sector

employer 6

Employers

Interested employers could contact us at Dr. Christina Yan Zhang, China Director, QS Intelligence Unit at Christina@qs.com for other detailed information about various reports QS produced to support employers to identify the best graduates globally.

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QS Directors met President of Shanghai Jiaotong University

On 28th November, 2014, QSIU Directors met Prof. Zhang Jie, the President of Shanghai Jiaotong University in London, during the UK trip of Prof. Zhang.

Prof. Zhang is the youngest President ever appointed to lead Shanghai Jiaotong University, an internationally known university, one of the top 5 in China, based on the QS World University Ranking.

 

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(Ben Sowter, Head of QS Intelligence Unit, President Zhang Jie, President of Shanghai Jiaotong University, Dr. Christina Yan Zhang, China Director of QS Intelligence Unit met on 28th November, 2014 in London, UK)

 

The meeting took place in Imperial Colleges London, a university President Zhang who also visited on the day. Mr. Ben Sowter, Head of QS Intelligence Unit, Dr. Christina Yan Zhang,China Director, QSIU, met President Zhang, who was accompanied by a senior leader of the university.

It is the first time that any QSIU leaders meet President of Shanghai University. Therefore, President Zhang gave a brief introduction about the university’s history, its strategic focus and its dedication to internationalisation, innovation and cross-discipline research. President Zhang also discussed one of a recent article he was invited to contribute to Nature on 15th October 2014 on “Developing excellence: Chinese university reform in three steps“.

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(President Zhang Jie shared his views about Chinese universities reform, as part of the article he recently published on Nature.)

 

Ben Sowter, Head of QS Intelligence Unit congratulated President Zhang on his all the achievement Shanghai Jiaotong University have achieved under his leadership, and responded with a brief overview of the key areas of work QSIU covers to support international strategy of universities worldwide, especially The Wharton-QS Stars Awards 2014: Reimagine Education, which President Zhang was interested in submitting entries for next year’s intake.

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(Ben Sowter, Head of QS Intelligence Unit, talked about the Reimagine Higher Education Competitor to President Zhang Jie,of Shanghai Jiaotong University.)

The meeting lasted for about 1 hour, with President Zhang extended an invite for QS leaders to visit him again in Shanghai in the near future.