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News Detail

27.02.2015

Jena is indeed "Munich of the East"

02/23/2015

Jena leads the table of the most attractive cities for university graduates in Germany. This is the result of a study jointly conducted by the magazine "WirtschaftsWoche" and the Cologne Institute for Economic Research.

Jena, Erlangen and Munich are the cities with the highest density of university graduates German-wide. Jena and Erlangen top the ranking with a share of more than 29 percent each of highly skilled manpower subject to social security contributions. Erlangen and Jena are head and shoulders above Munich which is ranked third with a portion of 25 percent. The "Top Five" table is rounded off with Darmstadt and Stuttgart having a share of 24 percent each.

College graduates prefer the three university towns of Jena, Erlangen and Munich mostly due to attractive job opportunities in research institutions and the industry. Fraunhofer research centers as well as Max Planck institutes are located in each of the three cities, along with the universities and large hospitals. Regarding Jena, the study also highlights the multinational biotech companies such as Carl Zeiss and Jenoptik that offer highly desirable jobs for young professionals.

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