Dynamics of Job Market &

Requirements for Success

in the Career
Department of International Business
University of Dhaka
EMBA Program - Summer 2013
EIB 504: Business Statistics
Group: 9
M. Redwan Zinan Siddiqui ID: 801311014
Saleh Rafiq Choudhury ID: 801310016
Subrata Kumar Paul ID: 80129034
Gazi Muhammad Haydar ID: 801310044
Md. Mahbub Hasan ID: 801311071
Group Members
Finding out the various dynamics of job market.
Finding out a relationship between level of education
and type of job.
Finding out the most expected type of job and salary.
Finding out the reasons for job change.
Finding out the factors that creates satisfaction in job.
Finding out the elements required for success in career.
Survey Objectives
Collect default topic and questionnaire.
Determine sample size (fifty) and contact sampled
individuals for data collection through interviews.
Data organizing.
Data interpretation by graph and charts.
Data analysis using statistical tools like frequency
distribution, central tendency, variance, and probability.
Methodology
Employment
Employed
(Job/Service)
Unemployed
(Student/Others)
Total
29 21 50
Employment (contd.)
29
21
Employed
(Job/Service)
Unemployed
(Student/Others)
Gender
Male Female Total
41 9 50
Gender (contd.)
41
9
Male
Female
Marital Status
Married Unmarried Other Total
10 40 0 50
Marital Status (contd.)
10
40
Married
Unmarried
Other
Level of Education
Education
Level
SSC HSC Graduate
Post
Graduate
Total
Frequency 0 2 26 22 50
Level of Education (contd.)
0
5
10
15
20
25
30
SSC HSC Graduate Post
Graduate
Frequency
Level of
Education
Employed Unemployed Total
SSC/HSC
0 2 2
Graduate
15 11 26
Post
Graduate
14 8 22
Total
29 21 50
Level of Education vs. Employment
Type of Organization (Employed)
Class Interval
(thousands)
Frequency
(f)
Cumulative
Frequency
Govt. 7 7
Private Sector 21 28
Foreign Org. 1 29
Intl. Agency 0 29
NGOs 0 29
Own Business 0 29
29
Type of Organization (Employed)
0
5
10
15
20
25
Frequency
Type of Business (Employed)
Type of
Business
Govt.
Commerc
ial
Health
Manufac
turing
Financial/
Bank
Social
Dev.
Education Defense Others Total
Frequency 4 5 1 8 4 0 3 0 4 19
Type of Business (Employed)
0
1
2
3
4
5
6
7
8
Gross Salary (Frequency Distribution)
Class Interval
(thousands)
Frequency
(f)
Cumulative
Frequency
0 - 10 1 1
10 - 20 9 10
20 - 30 7 17
30 - 40 4 21
40 - 50 3 24
50 - 60 0 24
60 - 70 4 28
70 - 80 1 29
29
0
5
10
15
20
25
30
35
Gross Salary Range (Employed)
Expected Salary Range (Unemployed)
Class Interval
(thousands)
Frequency
(f)
Cumulative
Frequency
0 - 10 0 0
10 - 20 1 1
20 - 30 9 10
30 - 40 4 14
40 - 50 5 19
50 - 60 0 19
60 - 70 0 19
70 - 80 0 19
19
0
5
10
15
20
25
Expected Salary Range (Unemployed)
Class Interval
(thousands)
Frequency (f) Mid Value (x) fx
0 - 10 1 5 5 723.61 723.61
10 - 20 9 15 135 285.61 2570.49
20 - 30 7 25 175 47.61 333.27
30 - 40 4 35 140 9.61 38.44
40 - 50 3 45 135 171.61 514.83
50 - 60 0 55 0 533.61 0
60 - 70 4 65 260 1095.61 4382.44
70 - 80 1 75 75 1857.61 1857.61
29 925 4724.88 10420.69
Arithmetic
Mean
31.90
Variance 359.33
Standard
Deviation
18.96
Mean and Std. Deviation of Gross Salary
Job Satisfaction Frequency
Yes
9
No
11
Not sure
9
Total Employed 29
Job Satisfaction
Job Satisfaction
Frequency
Yes
No
Not sure
Employment Probability
Employed
Probability
0.58
Unemployed
Probability
0.42
Findings of the Survey
Education Level
Probability
Probability
HSC 0.04
Graduate 0.52
Post Graduate 0.44
Findings of the Survey
Employment Probability
Compare to Education
Probability
Employee having only HSC 0
Employee having
Graduation
0.576
Employee having Post
Graduation
0.636
Findings of the Survey
Findings of the Survey
Factors of job satisfaction
Findings of the Survey
Factors of job dissatisfaction
Findings of the Survey
0% 20% 40% 60% 80% 100%
Good academic result
Job related necessary skills
Ability to work hard
Intelligence
Ability to lead / supervise
Quick decision making ability
Participation in organisational politics
Ability to develop better relation with superiors
Honesty
No hesitation to do immoral / unethical activities
Selfishness
Influential relatives/friends for recommendations
Sympathetic and helpful to subordinates
Presentation and report writing skills
Good in English language
Attractive to look (good looking person)
Smart in dress up / clothing
It is must
Very important
Important
May help
Unsure
Not necessary
May hinder
Problematic
Must avoid
Requirements for success in the career
Majority of employed persons are working in private sector,
thus we can say that private sector jobs are more preferable
and lucrative.
Education level is found as a key requirement for getting
jobs.
The arithmetic mean of gross salary for the employed
persons is BDT.31,900, which is relatively high.
Expected salary of unemployed persons ranges from
BDT.20-30,000 in most cases, which is quite rational.
Communication skill, smartness, honesty, relationship
management, decision making, leadership, intelligence, hard
work, and academic background are considered as key
elements for success by majority respondents.
Concluding Remarks