The top countries to be a graduate in this year!
You’ve been told that now you’re a graduate, the world is your oyster. But where is the best place for you to start the rest of your life?
We’ve taken a look at the Global Competitiveness Report to tell you everything you need to know about the top 10 most competitive countries for graduates this year.
So, where are they?
Over 140 countries have been evaluated in the Global Competitiveness Report. The report defines competitiveness as the “productivity” of an economy, which includes factors such as institutions, policies and factors that influence the level of prosperity that that country can achieve.
Zurich - Switzerland
The Swiss aren’t just amazing at making chocolate. The beautiful alpine country has a thriving economy that has tipped it to the top of the World Competitiveness Report.
People who have been to school in Switzerland have already benefited from its remarkable education system and the higher up the academic ladder you climb, the more benefits you reap. Higher education institutions have close links with industry leaders, and it’s these links that lead to promising graduate opportunities. Switzerland attracts talented induvial with good positions and keeps them there by nurturing them. Though, it’s not just academics that glean rewards here. The business and labour markets work hand in hand, creating a strong and productive economic structure that has contributed to the countries success.
Marina Bay - Singapore
Nestling between banana farms and lobster-rich wetlands is an economy with a lion’s heart. Previously a flight transfer hotspot, Singapore has reinvented itself as a great holiday destination and an even better long term option.
Singapore’s economy is consistently great. For the fifth year in a row it reached second place for its strong economic structure and the opportunities it is embracing this year with regards to technological adoption, business sophistication and innovation. The goods, labour and financial markets here rank in the top three of the report for their efficiency.
New York - USA
The land of the free and the home of the brave is a target destination for a lot of students once they’ve graduated, and for good reason!
The US has a remarkably large market full of sophisticated business, giving it a capacity for innovation that most places can only dream of. Universities work closely with industries, forging strong links for graduates and adding to the wealth of human capital that supports its economy, particularly within the fields of engineering and science.
Government efficiency has been on the rise throughout the past year, which gives the US good footing to build on its flagging macroeconomic environment and stabilities of its financial markets.
Berlin - Germany
Germany’s delights don’t just lie in its delicious food and lush scenery; it’s also a great place to work.
Germany has made a lot of positive changes in the past year, bringing the country up one position to fourth place. Its higher position is down to the newfound strength of its labour markets and efficiency of its financial markets.
Their businesses operate on a high level of sophistication and, combining that with innovative production processes, Germany has a great platform for its high level of international distribution.
Highly innovative, Germany is concentrating largely on research and development sectors, using strong ties between their education systems and businesses to provide excellent on the job training, utilising talent efficiently.
Amsterdam - The Netherlands
When you think about The Netherlands the first thing that comes to mind is picturesque architecture, canals and an amazing social scene.
Rapidly leaping up the Global Competitive Index, The Netherlands has returned to its highest position of fifth place, which it last held three years ago. While the country is still recovering from the burst in its housing market in 2009, the economy is showing signs of improvement. Their educational system is performing well, as well as their general infrastructure.
Being one of the most sophisticated and innovative in the world, the economy in the Netherlands has an open goods market that runs efficiently, making up for the dip in its financial markets.
Yokohoma - Japan
The island nation of Japan has held sixth place for the second year running. Grab some sushi and take a look at what their workforce has to offer.
Japan has the second most sophisticated businesses in the world as well as the highest ranked production processes. Astounding local suppliers provide materials and strong international distribution links back a strong goods market with large control over international distribution.
But it’s not all about the goods in Japan. Being an early leader and adapter of new technologies creates a huge role for scientists and engineers. In turn, their research and development sector has also grown over the past year. The industry is supported by great educational and research.
Hong Kong Harbour - Hong Kong
This fast paced and bustling harbour region is renowned for its financial and distribution scene, but they aren’t the only options for a graduate looking to make the move.
Keeping seventh position for the past three years is no mean feat. Staying consistent on all 12 levels that are evaluated has grown the GDP steadily since 2008.
Just like Singapore, the goods and labour markets in Hong Kong are thriving. The region is also one of the world top adapters of technology, particularly Information Communications Tech – making it a great place for those of you with a computing or technology related degree.
Despite slipping down a position, the financial sector is incredibly well developed, trusted and stable.
Helsinki - Finland
The large but sparsely populated Finland isn’t the first choice of most new graduates. But if you can stand the chilly temperatures, this idea’s hotspot could be the perfect place to begin your career.
The first of two Scandinavian nations to enter the top 10, Finland has slipped a few positions since last year. While ICT and Exports have taken the biggest hits, it is the strong values that will see Finland rise again.
Public institutions remain both efficient and transparent (rating 1st in the world). The higher education and training systems they have in place aren’t far behind, being ranked second.
The educational systems spill into the business world, creating one of the most innovative business sectors in the world.
Stockholm - Sweden
The stunning, varied landscape that makes up this central Scandinavian country also provides a stunning backdrop to a prosperous career.
The Scandinavian trend of efficient and transparent institutions, great educational systems leading to an innovative workforce follows suit in Sweden. This innovation is benefitted by the Sweden’s high levels of ICT and technological use/adaption.
Employer relations and job satisfaction remain in the top 10 for 2015, with companies knowing how to utilise the talent they acquire.
London - England
While you may be desperate to leave the UK now you’ve finished your training, it may well be worth staying put.
The country still has a lot of possibilities to grow and expand this year. The highly educated workforce is highly ranked in technological adoptions and ICT penetration, which contributes to the entrepreneurial scene. Recovering well from the financial crisis, areas of the UK, London in particular, has the venture capital to invest in small businesses and start-ups alike.
The UK has slipped a position since last year though, with its macroeconomic environment not expanding at the same rate as its peers and the countries debt accounting for around 90% of its Gross Domestic Profit.