You've completed your studies, you've got your degree, and the next challenge is just around the corner: starting your career. How to pass through this door - there are several ways to do this.
The classic way into the job is direct entry. You have a clearly defined position in the company and take on responsibility in this area from the start. For several years now, many companies have also been offering trainee programs in which young professionals go through different stages and can thus gain a comprehensive overview. The trainee often has a mentor at his side who supports the professional training.
Whether a direct entry or such a program is the right choice depends on both the person starting their career and the company in question. Some companies only offer university graduates entry through a trainee program. For someone who is coming out of university and is already sure which area they want to work in, direct entry is a good option. However, if you don't know exactly what job you want to do, you can become a trainee and get to know various departments and get your bearings. Trainees can also build up a cross-departmental network that can be helpful later in their job.
There is no general answer to the question of whether you can start your career after completing your bachelor's degree or whether a master's degree is still recommended. However, the study “Career Paths for Bachelor Graduates” by the Donors’ Association for German Science and the Institute of German Economy confirms a trend. According to this, only just under half of the 1,500 companies surveyed made any difference between a bachelor's and a master's degree, and 60 percent even stated that they employed department heads with a bachelor's degree.
Direct entry
The fact is:
As a direct starter, you earn on average 10 percent more than a trainee.
Right from the start, you will work largely independently and take on responsibility - even in larger projects.
But the fact is also:
Working under time pressure isn't your thing yet? After a phase of training and support from a mentor, you will usually get fully involved quite quickly.
Unlike a trainee, you have to concentrate on a career direction earlier.
Trainee program
The fact is:
You will experience a little puppy protection, will be closely looked after and supported in your development.
You go through different departments and think outside the box. Perfect for building a company-wide network.
Since the company has already invested a lot in you, the chances of being taken over are more than good.
But the fact is also:
Compared to direct entry, you have to accept a few compromises in terms of salary.
Not for the faint-hearted: You are often deployed at different locations. Flexibility is therefore required.
After your bachelor's degree?
The fact is:
Are you tired of lecture halls and theory and want to finally apply your knowledge from your studies in practice? Then let’s get out on the job market!
After years on a student budget, a good, regular income beckons.
But the fact is also:
Graduates with a bachelor's degree usually earn (much) less when they start. On average, just under 37,000 euros per year. With a master's degree it is 41,700 euros.
The salary increase with increasing professional experience is also significantly lower.
Or only after your master's degree?
The fact is:
Do you want to deepen your knowledge and specialize? Then attach a master to it!
The time can also be used to spend a semester abroad or complete an internship.
The formula is usually: Master’s = higher salary than Bachelor’s.
But the fact is also:
The topic of professional experience is therefore pushed back a bit.
It is not uncommon for companies to support you in completing a part-time master's degree. You should be aware that this time may demand a lot from you.
You've completed your studies, you've got your degree, and the next challenge is just around the corner: starting your career.