It is a great time to be young, skilled and educated in the Philippines. Three Philippine Universities were included in the latest graduate employability rankings released by International higher education provider Quacquarelli Symonds (QS). The rankings recognise institutes with strong graduate outcomes and industry connections. Stanford University in the United States topped the list.
Ateneo de Manila University (ADMU), University of the Philippines (UP) and University of Santo Tomas (UST) all made the list of 300 Universities. ADMU scored highest of the three with a graduate employment rate of 82.7 percent. UP and UST score 81 percent respectively.
As well as graduate employment rate, the Universities were scored on employer reputation, alumni outcomes, employer partnerships and employer-student connections.
The country’s growing population of young skilled graduates is a driving force to its economic expansion. The Philippines recently outperformed most of its regional neighbours in economic growth. The countries debt rating has been raised and the stock market closed at a record high.
Recent analysts at HSBC have estimated the Philippines to be the 44th largest economy in the world. At this growth rate, experts believe the Philippines could be in the top 20 largest economies by 2050.
The demand for skilled workers at lower costs has seen the outsourcing market rise. The country has recently overtaken India as the call center capital of the world. Impeccable English, a subtle accent, similar culture and customer service focus are all drivers of this growth.
Contact a Deployed adviser to find out how these young and skilled graduates can be an asset to your company.