EMPLOYMENT


Wondering where the highest paid people in tech go to college? There’s a good chance it’s one of these 10 universities according to a new study.

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A new study from job site Paysa has ranked colleges around the world based on the salaries of their graduates in tech fields.

That six of the 10 schools are located in the United States is unsurprising. What is surprising, however, is which schools make the cut and which don’t—and their geographic locale inside the country.

The study doesn’t take university size into account—only average salary of graduates. That may be a factor for why some of the top of the list aren’t the largest universities, but it doesn’t explain a stranger statistic: The top five are all in the greater Seattle area or just across the bridge in Vancouver.

SEE: 10 bucks to snag an interview for your dream job? AI wants to help new college grads (TechRepublic)

Geographical oddities aside, here are the top 10 colleges with the highest earning graduates in tech.

The top 10 highest paid alumni bodies

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1. Seattle University

  • Location: Seattle, WA
  • Type: private
  • Average tech graduate salary: $265,869

2. Pacific Lutheran University

  • Location: Tacoma, WA
  • Type: private
  • Average tech graduate salary: $265,153

3. Simon Fraser University

  • Location: Burnaby, British Columbia, Canada
  • Type: public
  • Average tech graduate salary: $263,574

4. City University of Seattle

  • Location: Seattle, WA
  • Type: private
  • Average tech graduate salary: $263,386

5. Central Washington University

  • Location: Ellensburg, WA
  • Type: public
  • Average tech graduate salary: $254,778

6. Tsinghua University

  • Location: Beijing, China
  • Type: public
  • Average tech graduate salary: $254,710

7. Harvard University

  • Location: Cambridge, MA
  • Type: private
  • Average tech graduate salary: $253,970

8. Lomonosov Moscow State University

  • Location: Moscow, Russia
  • Type: public
  • Average tech graduate salary: $252,874

9. University of Cambridge

  • Location: Cambridge, UK
  • Type: public
  • Average tech graduate salary: $252,645

10. University of Toronto

  • Location: Toronto, Ontario, Canada
  • Type: public
  • Average tech graduate salary: $252,639

SEE: The Ultimate Learn to Code 2017 Bundle (TechRepublic Academy)

To see the full study, including infographics on cost vs. value, college representation at large tech firms, and statistics on women in tech, read the full study available on Paysa’s website.

Henry Sapiecha

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It’s not just one industry that’s been disrupted by digital, a new report shows almost half Australian jobs will be computerised in 20 years.

Back to the drawing board as to get & keep a job in this digital age

Nearly half of the jobs in Australia are at high risk of “digital disruption” in the next 20 years, and our education system is not equipping students with the skills needed to adapt, a new report warns.

PricewaterhouseCoopers chief executive Luke Sayers is calling for a national summit on the issue, saying universities need to start producing far more people literate in science, technology, engineering and mathematics subjects (STEM) to help the workforce adapt to a rapidly changing global economy.

PwC’s report, The STEM Imperative: Future Proofing Australia’s Workforce, warns many of the jobs people work in today “simply won’t exist in the next decade, either entirely, or at the same number”.

The report’s modelling shows the top three occupations in Australia most at risk of being automated in the next two decades are accountants, cashiers and administration workers, affecting more than 600, 000 workers. The least likely are doctors, nurses and teachers.

It says Australia is lagging behind its peers in the Organisation for Economic Cooperation and Development on a number of key STEM indicators.

It says that from 1992 to 2012 there was a 11 per cent fall in year 12 participation for intermediate mathematics, 10 per cent for biology, 5 per cent for chemistry and 7 per cent for physics.

Enrolments and completions in university STEM courses have remained flat over the period 2001 to 2013, while non-STEM courses have grown steadily.

It says about 44 per cent, or 5.1 million jobs, are at high risk of being affected by computerisation over the next 20 years, and 75 per cent of the fastest growing occupations now require STEM skills.

The report shows that shifting just 1 per cent of the workforce into STEM roles would add $57.4 billion to gross domestic product over 20 years.

Some of the jobs most at risk from technology in next 20 years

 
Occupation   No. workers affected
Accounting clerks/bookkeepers 263 348
Checkout operators/cashiers 128 745
General office admin workers 284 171
Sales assistants and salespersons 698 780
Financial/insurance admin workers 128 425

 

Mr Sayers said that while there were already great initiatives to boost students’ interest and skills in STEM, business, government and higher education needed to “channel people’s efforts, energies and investments in a much more meaningful way”.

“We need to come together through some sort of STEM summit and put all the various parties’ thoughts, ideas and perspectives into a melting pot,” he said.

“Within that there will be responsibilities for government – the right policy settings, tax flow-ons, capital related issues – [as well as] things for the education departments and things for business [to do].”

During a panel discussion for the report’s launch on Thursday, Liberal MP Wyatt Roy said Australia needed to encourage young people to become entrepreneurs and develop the right policy environment to keep homegrown start-ups from going overseas.

Labor MP Tim Watts, who is writing a book on the economic implications of the digital revolution with Labor MP Clare O’Neal, said modern societies needed to incorporate “computational thinking” into their educational systems from the earliest stages.

“We shouldn’t think that STEM subjects are a stand-alone silo,” Mr Watts said.

“We need computational thinking to be part of all Australian students’ education. If you look at the United Kingdom, they have incorporated computational thinking into their curriculum, making it mandatory for all students from year 1.”

PwC’s report was prepared with help from the Centre of Policy Studies at Victoria University.

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