Graduate pay rises 4.8% in Hong Kong on average but who earns the most?
Average annual salary of graduates last year rose to HK$329,000
The average annual salary of university graduates in Hong Kong jumped 4.8 per cent to HK$329,000 (US$42,180) last year, with social science degree holders performing the best among all disciplines in terms of pay increments.
Graduates of the University of Hong Kong (HKU) enjoyed the highest pay, with their average annual salary rising above HK$400,000 for the first time.
The University Grants Committee, a government advisory body that allocates funding for higher education institutions, on Wednesday uploaded the average salaries of graduates and postgraduates in 2024.
36.53% of Hong Kong students get university, diploma spots under allocation system
Figure represents decline in proportion of successful candidates compared with last year, as expert points to increased competition
About 37 per cent of students who applied under Hong Kong’s university programme allocation system have secured tertiary education places, representing a slight drop from the previous year, amid increased competition.
The release of the allocation data on Tuesday came as the Chinese University of Hong Kong (CUHK) revealed it had secured the highest number of top scorers who sat their Diploma of Secondary Education (DSE) exams this year, with all of them opting to join its medicine programme.
According to the figures, 36.53 per cent of applicants, or 15,808, were offered spots at local universities or on a subsidised diploma course under the Joint University Programmes Admissions System (Jupas).
In comparison, 15,776, or 39.8 per cent, secured places last year.
This year also saw the number of applicants increase by 9 per cent, going from 39,634 to 43,269, resulting in the proportion of successful candidates declining by 3.27 percentage points.
Students are set to learn about their offers from 9am on Wednesday via the Jupas website or SMS.
