There are many reasons why the UK is the hub of some of the world’s best universities. The country’s commitment to investing in higher education is one of the most important factors. The UK government spends more per student on higher education than any other country in the world. This investment has helped to improve UK universities’ global rankings.
This commitment to investing in education has helped the UK to produce some of the best universities in the world. In the latest QS World University Rankings, six UK universities are ranked in the top 10, with Oxford coming in as the fourth best in the world.
Investment in education
This is no accident. The UK government has long understood that investing in higher education pays off economically and socially. In fact, it was Prime Minister Harold Wilson who first coined the term ‘the knowledge economy’ back in 1964 while delivering a speech at Lancaster University. He believed that investment in higher education would fuel economic growth through increased productivity and innovation. And he was right.
Since then, successive governments have continued to invest heavily in higher education. In fact, according to a recent study by the Organisation for Economic Cooperation and Development, the UK spends $18,000 per student each year. This is significantly higher than the average of just over $10,000 spent by other OECD countries.
Placement of UK universities
But this investment pays off. According to data from the Higher Education Statistics Agency (HESA), there are over 650,000 people currently studying at UK universities. This makes the UK one of the largest student populations in the world. And it is not just the sheer number of students that sets the UK apart from other countries. The UK also has some of the best university graduates in the world.
In fact, according to a recent study by Hays recruitment agency, UK graduates are among the most employable in the world. According to this survey, UK graduates have an employment rate of 89 percent after six months of university. This is significantly higher than the average employment rate for graduates from other countries, just over 80 percent.
Factors related to Employment
This high level of employment is due to a number of factors.
- First and foremost, UK universities provide excellent training and education that prepares students for the workplace.
- Second, many different opportunities are available to graduates once they complete their studies.
- For instance, in 2016/17 alone, almost half of all UK graduates went on to study at the postgraduate level or were employed in graduate-level positions. This is significantly higher than the average for other countries around the world, which was just over one-third.
- In fact, this allows UK graduates to gain valuable experience and skills that make them more employable.
Therefore, it’s evident that UK universities are the most prestigious and reputed when it comes to academics. Suppose you require any more information regarding the universities of the UK. In that case, you can contact AssignmentsHelp, and this site provides all the relevant information about the universities of the UK and their system of education.