Question

Assume Manchester University wants to make sure, its graduates would find jobs with the highest possible wage during the job search process, because this will help the university to increase its reputation, and as a result, it will be able to increase the tuition rates. How can the university increase the average wage level of their students get after they graduate, assuming it can no longer increase their skill level? I think question is clear there is no neeed extra explanation please feel free to answer question and you can mention about both productivity and equilibrium.

Answer 1

If the university can't do anything to improve the skill level of its students but wants them to get the highest paying jobs, it must create networks with the recruiting companies and invite them to conduct job interviews of the students in the campus. It may also establish industry academic relations by organising guest lectures by corporates in the campus which may give opportunities for students to get contacts leading them to well paying jobs. It may send its students for internships in these companies which may later consider recruiting them. Most importantly, the university must create a proper brandname for itself in the market that may attract these companies to the campus. This can be done through advertisements and publicizing of the achievements of the students and faculty at the university. Such signalling can provide strong incentives for companies to recruit from the campus.