The many university students and postdocs who use CMC’s services as part of their thesis research gain industrially relevant experience. Our partners in industry always reported that CMC’s graduates were some of the finest minds they could hire. We were repeatedly told about their exceptional quality, and how they came ready for the most advanced positions in industry – saving firms time and money that would otherwise be spent on advanced training. We wanted to take a deeper dive and have a data-driven analysis of CNDN graduates’ impact.
We retained Alumni Analyzer so that we could support our messages about our graduates to government funders using objective, aggregate career data. This was no easy task, but Alumni Analyzer understood the level of understanding we were after.
The results of the Alumni Analyzer study strongly confirmed that CMC provided real and lasting value to its graduates both in terms of the advancement of their technical skills and their value to industry as highly qualified personnel:
- CMC alumni enjoy accelerated career progression: They are twice as likely as their peers to be in executive and other management positions within 10 years.
- Their employers enjoy greater employee retention and engagement: CMC alumni remain with their employers longer than peers, and this effect is seen for up to 20 years—Longer job tenure indicates a better fit between the employee and employer.
- CMC alumni stay in Canada: Over 70% continue to live and work in Canada—a strong result for a hypercompetitive, globally integrated marketplace.
- CMC alumni work in industry in greater proportions: 81% overall get employed by industry versus 75% for the peer group. Their probability of working in industry is higher upon completion of degrees in which they engaged with the CMC, versus if they pursue further degrees in subjects do not rely on CMC’s services.
- CMC alumni have a national impact: They work across the country in proportion to the concentration of industry sectors: manufacturing, professional & technical services, and information technologies.
CMC graduates collaborate with and work for over 1,000 Canadian firms from start-ups and scale-ups to industry giants in sectors where Canadian innovation is most needed, such has automotive, aerospace, energy and the environment, healthcare, and defense and security.