Cambridge jobs market

Only 50 miles from London, Cambridge is a University City located in the county of Cambridgeshire, on the River Cam. The city’s vibrant education scene is evident from sights like students riding bicycles loaded with books or debating their heart out at local pubs. Yet, there is more to Cambridge than its academic life. From centuries-old buildings to cobbled streets, picturesque meadows, and exotic cuisines, Cambridge has it all to enthral even the most discerning tourist or expat.
The place has been a hub of business activities in eastern England from the 11th century. Cambridge earned a town charter in the 12th century but had to wait until 1951 to get a city status. Over the years, the city has developed into a thriving economic centre, providing ample job opportunities in engineering, IT, pharmaceutical, and creative industries. Recently, Cambridge was ranked as the best city to work in the UK, in terms of job opportunities, cost of living and job satisfaction, according to a Glassdoor survey. If you are planning to look for jobs in Cambridge, here are some important things to know.

Job Opportunity and key industries

Cambridge has a thriving local economy, mainly driven by technology, tourism, construction, and pharmaceutical sectors. Known as the Silicon Fen, Cambridge houses around 4300 knowledge-based companies, creating thousands of jobs for software engineers, managers, sale representatives, and accountants. Jobs are also available in the city’s education sector, for researchers, professors, teachers and non-teaching staff. Millions of tourists visit Cambridge every year. According to the latest statistics from Cambridge Network, international tourists spend more than £300 million in Cambridgeshire every year. This has led to rapid growth of the city’s tourism sector, creating ample opportunities for tour guides, drivers, and travel agents. Also, the proposed London-Cambridge corridor, stretching from London through Stansted and to Cambridge, is expected to create 400,000 jobs in the region. Here’s a close look at the key job generating sectors in Cambridge.

Technology

Technology businesses abound in the city. More than 58000 people work in the city’s technology sector. Many science parks have been developed in and around the city and accommodate a large number of technology companies. Interestingly, most of these science parks are owned by university colleges. For instance, the leading research and development centre Cambridge Science Park, the largest of its kind in Europe, is owned by Trinity College. Likewise, St John's Innovation Centre, as the name suggests, is owned by St John's College. Some leading technology companies, including ARM Limited, Abcam, Jagex, Sinclair, CSR, and Microsoft, have R&D centres or offices in the city.

Education

The University of Cambridge located in the city is one of the top five universities in the world. Founded in 1209, it is one of the oldest and most prestigious universities in England. Over the years, 90 of its alumni have won the prestigious Nobel Prize. Another university located in the city is Anglian Ruskin University. The two universities have more than 30,000 students. In addition, there are many state-run and independent schools and colleges in the city. The Cambridgeshire County Council runs more than 35 state-run schools in the city. Many other acclaimed educational institutions, including the North Cambridge Academy, and University Technical College, have made Cambridge one of the best education centres in the world.

Whether you are a student or professional, finding a suitable job in Cambridge should not be a problem.
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