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Changing the subject: a further examination of the returns to postgraduate education

Author

Listed:
  • Pamela Lenton

    (University of Sheffield)

Abstract

An investigation is made of the wage return to postgraduate degrees in the UK, crucially differentiating between subject of study for both undergraduate and postgraduate degree over the period 2014-2017. Positive rewards to postgraduate qualifications are found regardless of classification of undergraduate degree. Social Sciences undergraduates are most likely to change subject at postgraduate and see wage gains, implying that they gain transferable skills from their undergraduate degree to allow them to pursue a different career path should they wish. Business and Finance is a popular choice for postgraduates, which often provides significant wage gains for individuals, regardless of their undergraduate subject.

Suggested Citation

  • Pamela Lenton, 2019. "Changing the subject: a further examination of the returns to postgraduate education," Working Papers 2019015, The University of Sheffield, Department of Economics.
  • Handle: RePEc:shf:wpaper:2019015
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    File URL: http://www.sheffield.ac.uk/economics/research/serps/articles/2019_015
    File Function: First version, July 2019
    Download Restriction: no
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    More about this item

    Keywords

    Human capital; Postgraduate Education; Wage returns;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • I26 - Health, Education, and Welfare - - Education - - - Returns to Education

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