Tsinghua and Peking University are considered two of the top universities in China. Recently, they both released their Annual Reports on Graduate Employment for 2013.Â
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High employment rate against the marketÂ
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In 2013, a total of 6644 students graduated from Tsinghua University. The overall employment rate was 98.5%. Their bachelors' employment rate was 98.1%, master's employment rate was 98.7%, and PhD graduates' employment rate was 99.1%.Â
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A total of 9071 students graduated from Peking University in 2013. The overall employment rate was 97.44%. Their bachelors' employment rate was 97.4%, master's employment rate was 97.9%, and PhD graduates' employment rate was 96.5%.
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2013 has been judged to be the hardest year yet for university graduates in China to find a job. The general annual report showed that from October 2012 to April 2013, of those polled, only 26% of master's graduates and 35% of bachelor graduates had signed labour contracts, down by 10% compared with the previous year. But graduates from Tsinghua and Peking Universities remain attractive in the jobs market.
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Most bachelor gradates choose to continue their studies
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81.7% of bachelor graduates from Tsinghua University went on to pursue a master's degree. 54.4% of them chose to stay in China, while 27.3% chose to go abroad.Â
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69% of bachelor graduates from Peking University chose to continue their studies. 40.1% chose to stay in China, while 28.9% chose to go abroad.Â
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Instead of looking for a job directly, most bachelor graduates choose to continue their studies; of these, the majority major in science and engineering.
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State-owned enterprises and institutions preferred by graduates
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The data shows that 43.8% graduates of Tsinghua University signed labor contracts with state-owned enterprises. Among these, State Grid Corporation, China Aerospace Science and Technology Corporation, and China Construction Corporation rank the top three enterprises preferred by Tsinghua graduates.
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As distinct from Tsinghua University, 70% of graduates from Peking University signed labor contracts with educational and other institutions. Only about 4.9% choose to work in private companies.Â