A report has found that Scotland’s capital has the UK’s highest graduate retention outside of London.
KnightFrank worked with UCAS for its 2021 Student Accommodation survey that found 53% of Edinburgh ’s students intend to remain in the city after graduating.
The city’s burgeoning tech sector and high living standards made it part of the reason so many students wanted to stay, Knight Frank said.
The retention rate is well ahead of other major UK cities – except London, which scored 67% – with Birmingham the next best at 46%. The 12 cities that took part in the study on average scored 40%.
The survey was undertaken during February and November 2020. It was made up of applicants, current students and new students who started university in the 2020/21 academic year.
It received a response from 43,281 applicants, who answered the applicant survey form, and 31,000 current or new students, who answered the current student survey form.
Simon Capaldi, partner at Knight Frank Edinburgh, said: “It is great to see that followed-up in the intentions of university graduates, who can see the city as a great place to launch their careers and realise their ambitions.
“The growing prominence of the tech sector is no doubt a big part of the reason for this trend.
“From Edinburgh, highly skilled people can make a positive impact on the world, which studies suggest is becoming more important to them than ever.
He added: “Businesses in the city, therefore, need to think about how they can align their offering and offices to what today’s graduates are looking for.”
The latest research ties in with previous findings by Knight Frank.
Last year, the firm’s Active Capital report highlighted Edinburgh as a global hub for innovation – ahead of other European capitals such as Amsterdam, Oslo, and Brussels – while another of its studies found the city to be among the world’s top 20 for wellbeing.