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Hospitality still tops faculty picks in tertiary education

Despite the rumors about the oversupply of fresh graduates and their difficulties on the job market the top ten list of university faculties preferred by applicants has shown only little change over the past few years.

Tourism and hospitality remained the most popular faculty by attracting 4,408 applicants in 2010. Economics and management was also able to keep its prestigious second position with 3,805 people marking this faculty in the first place. The traditionally popular law was the third most popular last year, which can be attributed to the wide range of opportunities a law degree can provide on the labor market.

It is noteworthy that there is not a single natural sciences faculty on the 2010 list, meaning that even the traditionally popular psychology missed the top ten last year.

Students’ career choices, however, often differ from the ideas of education policymakers. Citing feedback from the labor market, the total number state-financed student slots has recently been reduced by 350 at faculties of art, by 650 at social sciences and, most interestingly, by 1,350 at economic sciences. At the same time, the state-funded quota in the field of natural sciences has been increased by 1,700.

Meanwhile, the latest survey of Educatio Nonprofit Kft, based on the career tracking of 5,000 graduates who graduated in 2007, shows that young intellectuals with degrees in law or economic sciences can find jobs most easily. At the same time, people qualified in natural or social sciences encounter lower demand for their knowledge in the Hungarian labor market and can also expect lower salaries than those having law or economics degrees in their briefcases.

Still, the survey shows that, all in all, finding a job and stable employment is relatively easy for graduates, a result that may disprove the voices of worry about the worthlessness of degrees.

Obviously, committed and diligent young adults will always have better chances than others, since such “added values” transcend all temporary trends. (ÁV)