The Reform of Curricula in the Spanish University System: How Well Matched Are New Bachelor’s Degrees to Jobs

Abstract

This study looks at how well bachelor’s degree holders in Spain match into jobs five years after graduation. Based on workers’ self-assessment, education–job mismatch is defined as the discrepancy between the formal qualifications that individuals earned at Spanish universities and those that are required by jobs. By estimating a multinomial logit model, this research identifies fields of study that are associated with increased likelihood of a particular educational mismatch status. Results indicate that university graduates from highly specialized bachelor’s degree programs are more likely to work in a graduate job that is related to their field of education. In particular, graduates with degrees that entail specific human capital, such as health sciences degrees and hard science and engineering degrees, are more likely to be well-matched in their current jobs. In contrast, the results show a higher likelihood of over-qualification (recent graduates who are in non-graduate jobs) for social and legal sciences degrees and arts and humanities degrees. Gender appears to play no role in the matching process; however, the subject-specific knowledge that graduates have gained from their time in higher education is important. As a novelty, this study also identifies, for a sub-sample of workers, the process through which a good match is achieved—that is, how individuals self-select to accept jobs in which they can achieve a good match. The regression results are based on micro data from a nationally representative random sample of the first cohort of undergraduates after the Bologna curriculum reform.