Login

close

Login

If you are a registered HEi-know user, please log in to continue.


Unregistered Visitors

You must be a registered HEi-know user to access Briefing Reports, stories and other information and services. Please click on the link below to find out more about HEi-know.

Find out more
Higher education is not broken - it just needs to fix its diversity problem

Reviewing the past week's higher education news, Rachel Hewitt, Director of Policy and Advocacy at the Higher Education Policy Institute, takes issue with claims that UK higher education is "broken" and sees encouraging signs that it is addressing issues over diversity.

New year presents HE sector with fresh challenges

Professor Malcolm Todd, Deputy Vice-Chancellor/Provost (academic and student experience) at the University of Derby, comments on what he sees as the most significant higher education news and opinions making headlines in the first week of 2020.

Universities UK International calls on employers to back study abroad campaign

Vivienne Stern, Director of Universities UK International, introduces the launch of Year Three of UUKi's Go International: Stand Out campaign, calling on employers to promote the value of international experience.

University leaders commit to pension talks as strikes begin

University leaders have written to the University and College Union to formally outline their commitment to continuing to work with UCU to deliver long-term reform of the Universities Superannuation Scheme. The move comes as UCU members at 60 universities begin strike action in disputes over both pensions and pay.

Gateway to university expertise now provides 'smart match' with business

A platform providing a single access point for businesses to university expertise and funding opportunities has been further developed by the National Centre for Universities and Business, Research England, and UK Research and Innovation, to help 'smart match' business and industry with higher education institutions, in a bid to boost R&D collaboration. Shivaun Meehan, Head of Communications at the NCUB, outlines the latest features of Konfer.

UK cities that are best value for graduates revealed in new analysis

Derby -- best city for graduates

New analysis by Prospects reveals which UK cities offer the best value for money for graduates taking their first steps on the career ladder. 

The Universities UK agency responsible for graduate employability analysed the relationship between graduate salaries and the cost of living in 23 UK cities.  

Derby topped the list as offering the best value for a graduate starting salary. This is down to its unusual graduate labour market with many well-paid jobs in engineering and a relatively low cost of living.

Southampton and Coventry also make the top three cities offering best value for new graduates due to their combination of a relatively strong graduate jobs market and affordable living.

Leicester and Liverpool should also be attractive destinations for those seeking value for money as, although starting salaries are among the lowest in the UK, they are relatively inexpensive places to live and therefore the graduate pound goes much further. 

The analysis also found that many of the UK's most popular student cities are among the most expensive for new graduates to start work.

Brighton, London and Oxford offer some of the highest starting salaries, yet new graduates working in those cities will have much lower local purchasing power. Graduates may be on good local salaries, but they will have low disposable incomes due to high living expenses such as rents. 

Charlie Ball, head of higher education intelligence at Prospects, undertook the analysis: "Graduates may need to think carefully about chasing the highest possible salary if it means moving to somewhere with a high cost of living, particularly rents. A graduate may need an extremely attractive offer in London, far above the average salary, for it to be worth them leaving a less expensive labour market. 

"This analysis calls into question the overall value of uncontextualised graduate salaries as a measure of graduate success. Widely available and better quality data on cost of living will improve decision-making. Graduates need to understand where value lies for their degree and whether it is worth remaining in a well-known jobs market on a lower salary or moving for more money where costs are higher. It's a common assumption that the latter choice is always better, but the data strongly suggests that it is not."
 

UK cities ranked by Local Purchasing Power2 (highest to lowest)

1.     Derby
2.     Southampton
3.     Coventry
4.     Leicester
5.     Liverpool
6.     Sheffield
7.     Nottingham
8.     Glasgow
9.     Portsmouth
10.  Bristol
11.  Leeds
12.  Aberdeen
13.  Manchester
14.  Reading
15.  Birmingham
16.  Newcastle upon Tyne
17.  Cardiff
18.  Belfast
19.  Edinburgh
20.  Cambridge
21.  Oxford
22.  London
23.  Brighton

Back