Keeping all the above in mind the UK government has invested 406 million GBP in technical/ digital education, technology, computer science, and applied mathematics. Westminster, Islington are amongst the top 10 areas that need STEM skilled workers. Different regions in the UK have varying requirements from the STEM sector and thereby they need STEM educated candidates with bachelors or higher degrees in specific districts. Another interesting find from the analysis is the fact that STEM needs are not linear all through the country. A 2018 study showed that a STEM skills shortage is costing UK businesses around 1.5 million GBP per year. The UK is well aware of its need in the STEM arena.

Engineers with project management/ team leader roles can expect to earn around 56,000 to 57,000 EUR per annum after spending 3 to 5 years in such positions. After 6 to 11 years in the industry, your salary can increase by 10,000 EUR. Entry level STEM graduates will annually earn anywhere between 38,000 to 42,000 EUR. Also, based on the work experience and career seniority of a candidate, the salary will vary accordingly. Graduates with a master’s degree are paid better with a median annual wage being 46,126 EUR. Hence engineers with a wide variety of educational disciplines such as electronics, telecommunications, mechanical, production, industrial will find companies that need them. Germany is home to some fantastic companies such as Siemens AG, Bosch, Blaupunkt, Daimler, etc, to name a few. Germany offers plenty of employment opportunities for students who pursue graduate study there, moreover the country proactively initiates STEM programs and allied research, hence the demand for STEM graduates is also considerably high. What makes Germany even more coveted are the splendid educational institutions there, with low tuition fees and numerous scholarship opportunities. Being a powerhouse in this domain, this country has long since held an attraction for international students who wish to specialize in engineering, technology, automation and the likes. Germany is synonymous with excellent engineering, manufacturing, and design. The Labour Market Portal also provides a useful list of 108 occupations that Australia considers as STEM occupations. This is a clear indicator to prospective students on the advantages of investing in STEM education and STEM programs. Another key takeaway from the NSC analysis is the necessity for additional skill levels that STEM jobs mandate. It is heartening to hear that STEM education and resultant job prospects can withstand economical shocks such as the Covid pandemic much better in comparison with other jobs. This research by the NSC was done to determine post-Covid19 outlooks for the Australian job landscape.

The NSC states that 46.5% of STEM allied work are considered resilient and promising. Additionally, National Skills Commission analysis emphasizes job security and profitable long-term trajectory for those pursuing STEM programs. The best part is the forecast till 2024, that projects a 11.6% increase in STEM occupations. In Australia, statistics show STEM jobs and the need for candidates with STEM degrees is twice as much as the need for graduates in non-STEM.

Stem jobs