Wage expectation and overeducation among UMT graduates
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Date
2011
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Universiti Malaysia Terengganu
Abstract
Several studies related to graduates earnings and prospects have been
conducted recently, but unfortunately none of it focuses on graduates earnings
expectation and education returns. Therefore, this study is conducted to
overcome the gaps, especially in term of using pure primary data. The
respondents of this study are final year graduates which obtain economics and
sciences courses in Universiti Malaysia Terengganu. Those respondents
particularly participate in this study a voluntary. Using a simple descriptive
analysis, the findings of this study clearly shows difference in term of earnings
expectation, earnings information received, educational investments between
both types of courses. Furthermore, both types of respondents were also
expected to receive positive educational return in future. This study also
emphasis the Mincerian earnings function to determine factors cause on
earnings expectation and for economics respondents the results is quite
surprising because none of the factor indicates through this study cause on
earnings expectation compare to science program respondents. All of these
results show that, there is different earnings expectation between economics and
science stream graduates in UMT but in term of education investment and
returns, both with receive positive return in future.
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Ang Syh Han, LP 4 FPE 1 2011