Over 80% of all Georgian Business School Students in Employment

Over 80% of all Georgian Business School Students in Employment

The FINANCIAL -- On average, over 80% of undergraduate students enrolled in the fourth year of their BA program at leading Georgian private universities manage to combine paid work with studying for their degree, according to the latest survey conducted by The FINANCIAL at leading universities in Tbilisi.

The universities’ career development services have not observed any reduction of demand from employers. Within the entire Georgian job fair, IT has been the specialization with the highest demand during the 2013-2014 academic session.

The majority of students studying for Masters Degrees are employed. The average salary of BA program students is GEL 800 a month, while Master’s students earn around GEL 1,500 a month.

“90% of our graduates are in employment.  They are working for successful companies both in Georgia and abroad. The majority of our active students are combining studying with working. Students in their final, graduating year are in higher demand from employers as they have more free time and a more flexible schedule. Due to the fact that the third and fourth year classes are in the evening, they can easily combine learning and working,” Tamar Shengelia, HR Manager at Caucasus University (CU), told The FINANCIAL. 

Caucasus University has 287 students enrolled in their fourth year of BA programs.

“Bank of Georgia, TBC Bank, Bank Republic, EY, KPMG, Deloitte, PwC, BDO, Aldagi, Geocell are all the top employing companies of our students,” said Shengelia. 

The average monthly wage of BA students of CU is GEL 500-1,000.

International Black Sea University has 189 students in the fourth year of their BA program and 91% of them are employed. The average income of undergraduates varies from GEL 700 to GEL 1,500 per month.

Free University of Tbilisi has 150 students in their graduating year. “Out of them, 70% are employed.  The top employers include: EY, KPMG, Deloitte, Delta System, Public Group, Betterfly, Capto Group, Tegeta Motors and Bank of Georgia. Their average wage varies from GEL 600 to 1,000,” said Nata Bitskinashvili, Career Development and Employment Centre manager at Free University of Tbilisi.

“We have 256 graduates of BA programs. Out of them 88% are employed according to the May 2014 survey. An investigation of current students’ data is in process and the results will be delivered soon,” said Giorgi Kanchaveli, Head of Career Service and the Student Affairs Department at The University of Georgia (Tbilisi).

Unlike the BA program students, the entire 100% of MA students at business schools are in employment. “CU has 440 active students on MA programs. As the main demand for MA applicants is work experience, 100% are in employment. They are changing work places and recruiting,” said Shengelia.  

The average wage of MA students of CU varies from GEL 1,500 – 2,000.

207 students are currently enrolled in MA programs at IBSU. “The entire student body (100%) is employed. Their average salary varies from GEL 800 to GEL 2,000. The demand for new staff from companies has not changed during the 2013-2014 academic session, in comparison with previous years,” said Markoidze. 

Free University has 105 students on MA programs, out of them only 3% are unemployed. The average monthly wage of MA students is GEL 2,500-3,500. Like IBSU, Free University did not face any change in demand for new candidates.

Jobs in Information Technology have remained the most promising career path for job seekers. Business schools named IT specialization as the highest demanded profession during the current academic year.

“The top demanded professions include: IT (20%), IT engineering, both average and high level (20%), IT trainers (20%), programmers (30%) and database administrators (10%),” said Markoidze, IBSU.  

The most demanded professions at Free University Tbilisi are programmers, financiers, marketers and sales managers. Each category attracts an equal percentage of 25% each.

“The demand is high for business administration specialists, financiers, management, and marketing. IT specialists, programmers, software designers are facing increased demand. The rising demand for healthcare management is also worth mentioning,” Shengelia told The FINANCIAL.