Peking University’s Market and Media Research Centre recently published the “Post Nineties Graduate Student Salary Report”. The report, which surveyed over 350,000 students, found that the average monthly salary of university graduates in China is 2,443 RMB; that’s about half an iPhone 5. Graduates working in Beijing fare slightly better with an average starting salary of 3,019 RMB.
According to the survey, the 2014 average is up 324 RMB from last year. Hotel management was shown to have one of the highest starting salaries, at 2,900 RMB, although it has one of the lowest graduate employment rates. In terms of employment opportunities and salary expectations, logistics ranked among the best graduate options with a starting salary of 2,875.
The lowest ranking graduate sectors were car mechanics, tourism management and environmental sciences, with an average starting salary of roughly 2,000 RMB.
The study also revealed some discouraging trends for female graduates; as well as a significant gender gap in the average salaries- the average starting salary for male graduates is around 389 RMB higher than that of female graduates- the survey showed that many companies, when given the choice to hire a man or woman with equal qualifications and skills, would prefer to choose the male candidate.
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Keywords: Average Graduate salary in China
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