Federation University Australia graduates earn less than their counterparts from other Victorian universities, according to the 2018 Graduate Outcomes Survey.
The 2018 Graduate Outcomes Survey, which monitors graduate employment and earnings and ranks universities accordingly, is funded by the Federal Government Department of Education and Training and is part of the Quality Indicators of Learning and Teaching (QILT) program.
The 2018 Graduate Outcomes Survey – Longitudinal (GOS-L) measures the medium-term outcomes of higher education graduates based on a cohort analysis of responses from 39,744 graduates who responded to the 2015 Australian Graduate Survey.
Federation University was one of 60 institutions who chose to participate, including 39 universities and 21 non-university higher education institutions.
The analysis of income four years after graduating revealed Federation University graduates earned a median full time salary of $64,000, with Monash University the only Victorian university to reach the $70,000 threshold.
In comparison, the survey found that by 2018, graduates of the six largest NSW universities were earning a median salary of at least $70,000.
The Federation University graduate income results have declined since the 2017 survey and differ from the 2019 Good Universities Guide, which ranked Federation University first in Victoria for graduates’ commencing salary.
Federation University Deputy Vice-Chancellor (Academic), Professor Andy Smith said the university “welcomes” the survey. He said the university has “a strong track record in employment outcomes, which is largely borne out by this survey”.
“Our graduates and postgraduates are amongst the most employable in the nation and in several of the Graduate Outcomes rankings, FedUni has scored above the national average,” he said.
Professor Smith said many graduates, particularly in nursing, teaching, business and engineering, would see their salaries increase as their careers progressed.