Advanced trade, technical and professional qualifications – matching supply to demand

8 - Medical studies

Medical studies cover qualifications required to be a medical doctor, including both general practitioners and specialists. Recognised qualifications in this field of study are all at bachelors level and above. Medical studies are looked at in total due to the limitations of available census data.

The first report identified unmet demand for people with medical qualifications at bachelors level and above. This is being driven by greater demand for health services, in part due to an aging population.

8.1 Match of qualifications to occupation

People with medical qualifications are most likely to work as health professionals.

Figure 8.1 shows that they are less likely than other people with bachelors qualifications and above to work outside of the health professional occupations.

8.2 Unemployment

People with medical qualifications are less likely to be unemployed than others with a bachelors qualification or above, as shown in Figure 8.2.

8.3 Income

There is evidence of premiums being paid for people with medical qualifications in management and professional occupations.

Figure 8.3 shows there is a clear premium for people with medical qualifications working as professionals. They earn less than others with bachelors degree or above in other occupations, with the exception of management.

Figure 8.1:  Are people with medical qualifications more likely to work in related occupations?

Compared with people with the same level of qualification in other fields.

Figure 8.2:  Are people with medical qualifications more likely to be unemployed?
 

Compared with people with the same level of qualification in other fields.

Figure 8.3:  Are people with medical qualifications likely to earn more?
 

Compared with people with the same level of qualification in other fields.

Likelihood of earning more than $70,000 a year.