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Acknowledgements
A report like this only results from the contribution of many people. We would like to thank all the NSUers who helped us by gathering data, spreading the word around and giving motivational support. Even after we failed to complete this in due time, the support we got was overwhelming and helped us move forwards. Thanks goes to all the admins of the group and also to the companies that are recruiting NSUers.
Credits
Concept: Niamul Arifin Survey Design: Niamul Arifin & Asif Khan Data Collection: All NSUers Analysis & Report Writing: Asif Khan Proofreading: Anika Bhuiyan Design: Waseem Khan & Asif Khan
Female
119
Male
381
Total
500
Out of the total 500 respondents, 76% are male and 24% are female. It would have been interesting to see how this ratio compared to the overall ratio of students in NSU. Age Distribution
Figure: Age Distribution of respondents
36-40
31-35
17
26-30
216
21-25
266
The vast majority of the respondents are fresh graduates aged 21-25 years. This category contributed as 53% of the respondents. The next largest group is aged 2630 years with a 43% share.
Level of Management
Figure: Level of management
Top Management
12
Middle Management
166
Entry Level
322
As most of the respondents are quite young it comes as no surprise that 64% considered their jobs as entry level. 33% are mid-level employees and only a meager 2% are in top management. Education
Figure: Educational background
MS in CSE Masters in Public Health Masters in Dev Studies MSc in ETE MSc in Econ BSc in Pharmacy EMBA
BA in English BS in CEG
BSc in ENV Dual(e.g BBA and MBA) BS in CSE MBA BSc in Econ BS in ETE BBA
It comes as no surprise that BBA is the most popular degree amongst the respondents. However excluding BBA, the distribution is more spread out amongst the other programs offered.
2.7% 3.9%
4.1%
5.1% 7.0%
7.3%
12.6% 15.3%
18.2%
23.8%
Amongst the BBA and the MBA graduates, Marketing seems to be the most popular major, followed by Finance &Accounting. It is also quite clear that dual major (or major + minor) is a popular preference. Unfortunately, due to lack of adequate data we could not do this analysis for non business graduates. Industry analysis
Figure: Industry where career was started vs present industry
25% Career Started
20%
Present Industry
15% 10% 5% 0%
To find out the biggest recruiting sectors we have asked respondents to list the industry they started their career in as well as the industry they are currently in. It comes off as no surprise that at the top two positions are occupied by the financial sector (mostly banks) and Telecommunications as the two largest job providers in the country. Interestingly, Technology/IT sector seems to have as much share as Telecom. This is quite fascinating because most of the respondents are business
graduates. Two main trends can be observed here. Firstly, the share of Media comes down by around 3% which is quite significant. Secondly, Technology and IT sector jumps into top spot crossing Telecommunications. We have been hearing that Bangladesh has a big potential for developing the IT sector and the last two figures clearly show some initial signs that the process has plausibly started.
Total
7.42
Male
7.42
Female
7.44
We asked respondents to rate the working atmosphere in their organization out of 10 (10 being the best). The results show that most people are quite happy with the working atmosphere even though there is scope for improvements. The difference between the answer of male and female is also quite low. Performance Bonus or Profit Sharing
Figure: Presence of performance bonus or profit sharing scheme
No
67%
Yes
33%
33% of the respondents said that their organizations have policy for performance bonus or profit sharing. However, this does not look too bad because according to the website, salary.com, this is equal to global average.
Awards or Recognition
Figure: Award or recognition received by respondent
No response 1%
No such policy
27%
Yes
28%
No
44%
28% replied that they have received some sort of award or recognition in their jobs. We believe that this is quite a high number and does indicate that a lot of NSU graduates are doing well in their career. Working Hours
Figure: Working hours according to male/female
29%
29% 24%
6%
2%
2% 0% 12+ Hours
8 Hours
9 Hours
10 Hours Male
12 Hours
Female
Overall NSU graduates spend around 9.16 hours per day at office on average. When we break the data by gender, it becomes more interesting. It is clear from the figure above that women spend less time at work. On average women spend about 8.82 hours while men spend 9.27 hours.
Overtime
Figure: Availability of overtime
Yes
19%
No
81%
Most of the respondents do not get any overtime payments. This is understandable because overtime is normally not given for white collar jobs.
The objective of this data was to understand how starting salaries have changed over the years. The x-axis shows the years/months of job experience. Generally we would expect starting salaries to be low for people with less experience (more recent graduates). However, the results are surprising. The only significant change that we have seen is in the salaries for those who have less than 6 months experience. While this phenomenon could have some meaningful explanation, it is possible that some people had entered some erroneous data during the survey. If, however the data is correct then there is one interesting observation. Starting salary has been coming down in real terms over the years.
For finding the industry- wise salaries, we only took the data of the people who have less than 1 year of experience. Tobacco industry leads the list but the wide disparity is caused because only 3 people (with less than 1 year experience) are working in this field and they are possibly working for the same company. The surprising second position is taken by freight forwarding sector. Banking and NBFI at 3rd position was quite expected but the position of the RMG sector at 4th can also be termed as quite surprising. At the bottom of the list we see education and media/advertising. It is quite unexpected that International Organizations are at the lower end of the chart.
Here again we only worked with respondents who have less than 1 year of experience. When we analyze the starting salaries by choice of major, Finance & Accounting seems to stand out quite significantly. The highest salaries are received by graduates who have Finance & Accounting and Economics (either minor or major). This combination is generally considered quite prestigious but now we see the value in quantified data. The 2nd and 3rd positions also have Finance & Accounting in it. Marketing and Human Resource Management has the lowest starting salary according to our data. Gross salary (present) according to experience
Figure: Effect on experience on salary
The objective of the above figure is to understand how much salary changes with experience. We have categorized the data according to experience. The data shows that, salaries remain relatively unchanged within the 1 year of job. However, from the second year they start picking up. The most significant changes come in the 4 th and the 5th year.
Conclusion
This is the first such report by Jobs for NSUers. Hopefully, this is only the beginning of such an endeavor and we will continue to publish such reports that can help the upcoming generation in the pursuit for their dream job. The group continues to show strong unity and it is amazing to see how eager people are to help each other without getting a single penny in return for the effort. Let us hope that this continues and we can not only help fellow NSUers but reach out to people outside as well because we believe in mutual growth through sharing of knowledge.
Abbreviations
ACT- Accounting ECON- Economics FIN- Finance HRM- Human Resource Management INB- International Business NBFI Non Banking Financial Institution MKT- Marketing
APPENDIX
Link to the Survey Questionnaire
Background Check
The following questions are about your background. All following questions are required except name of your current organization and needs to be filled up. Gender * 1. Please select your gender A. Male B. Female Age * 2. Please select your age from the following choices A. 21-25 Years B. 26-30 Years C. 31-35 Years D. 36-40 Years E. Above 40 Years 3. Which program degree you received from NSU? * Please select your degree (e.g BBA, MBA, MSc in ECO) 4. If BBA/MBA/EMBA, what was your major when studying in NSU? Please select one of the checkboxes from the following. If you have any other major or combinations of majors, please select others and write it down. You can check more than one option if necessary. A. Finance & Accounting B. Finance C. Human Resource Management D. International Business E. Business Policy & StrategyF. Management G. Marketing H. Marketing & International Business I. Marketing & Human Resource Management J. Marketing and Finance & Accounting K. Marketing and Business Policy & Strategy L. Marketing & Economics M. Finance & Accounting and Economics N. Finance & Accounting and International Business O. Finance & Accounting and Human Resource Management P. Finance & Accounting and Business Policy & Strategy Q. Human Resource Management and International Business R. Human Resource Management and Business Policy & Strategy S. International Business and Business Policy & Strategy T. Other: 5. What is the length of your employment period? * Please select the total time of your employment after graduation 6. Name of the organization you are currently employed Please mention the name of your organization where you are currently working
7. Which industry does your organization represents? * Please select the industry type
18. Working atmosphere in your organization * Please rate the working environment in your organization (e.g. 1= Very Unfriendly, 5= Neutral 10= Very Friendly) 1 2 3 4 5 6 7 8 9 10 19. Did you receive any achievements or rewards (Non-monetary) during your entire employment period? Please choose from the following choices A. Yes B. No Organization does not have rewarding policy. 20. If answer is "Yes" in previous question, what award or achievement did you received? Please write about award title or rewards and purpose for achieving the award. 21. After graduation from NSU, Which of the following degree you achieved? Please choose from the following. In case if you achieved two degrees, you may select more than one. If you haven't achieved any degree, select None. A. Masters from local universities B. MBA from local universities C. Ph.D D. Masters from abroad E. MBA from abroad F. Professional degree (e.g. CA/ACCA/CFA) G. None H. Other: End of Questionnaire Thank you