City of MorelandEconomic profile
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City of Moreland

Local workers - Qualifications - Financial and Insurance Services

In the City of Moreland, the Financial and Insurance Services workforce has a lower proportion with tertiary qualifications compared to Victoria.

Qualification levels help to evaluate the economic opportunities and socio-economic status of local workers in a particular industry.

The level of qualifications in a workforce relate to a number of factors including:

  • The age of the workforce;
  • The skill and qualification level required to enter an industry;
  • The professional or working ambitions of people (to seek education as youth or retraining as adults);
  • The opportunities afforded to people to continue studying beyond compulsory schooling.

Educational Qualification statistics should be looked at in conjunction with Field of qualification and Occupation data for a full education analysis for City of Moreland.

Australian Bureau of Statistics (ABS) – Census 2011 (experimental imputed) & 2016 – by place of work

Please note – The 2016 Census used a new methodology to “impute” a work location to people who didn’t state their workplace address. As a result, 2016 and 2011 place of work data are not normally comparable. To allow comparison between 2011 and 2016, .id has sourced a 2011 dataset from the ABS which was experimentally imputed using the same methodology. To provide this detail, City of Moreland in 2011 had to be constructed from a best fit of Work Destination Zones (DZNs). While it may not be an exact match to the LGA or region boundary, it is considered close enough to allow some comparison. Users should treat this time series data with caution, however, and not compare directly with 2011 data from any other source.

Local workers qualifications
City of Moreland - Financial and Insurance Services20162011Change
Qualification levelNumber%Victoria %Number%Victoria %2011 to 2016
Bachelor or Higher degree18238.451.116131.144.7+21
Advanced Diploma or Diploma8417.714.18616.613.4-2
Certificate I and II Level51.10.771.41.0-2
Certificate III & IV Level316.56.8499.56.6-18
Certificate Level, nfd81.71.681.51.70
No qualification14831.223.618836.429.7-40
Inadequately described or not stated163.42.1183.52.8-2

Source: Australian Bureau of Statistics, Census of Population and Housing 2011 and 2016. Compiled and presented by .id , the population experts.

Local workers qualification, 2016
Local workers qualification, 2016 Bachelor or Higher degree, Victoria: 51.1% Advanced Diploma or Diploma, Victoria: 14.1% Certificate I and II Level, Victoria: 0.7% Certificate III & IV Level, Victoria: 6.8% Certificate Level, nfd, Victoria: 1.6% No qualification, Victoria: 23.6% Bachelor or Higher degree, City of Moreland: 38.4% Advanced Diploma or Diploma, City of Moreland: 17.7% Certificate I and II Level, City of Moreland: 1.1% Certificate III & IV Level, City of Moreland: 6.5% Certificate Level, nfd, City of Moreland: 1.7% No qualification, City of Moreland: 31.2%
Source: Australian Bureau of Statistics, Census of Population and Housing, 2016
Compiled and presented in economy.id by .id, the population experts.
Change in local workers qualification, 2011 to 2016
Change in local workers qualification, 2011 to 2016 Bachelor or Higher degree, City of Moreland - Financial and Insurance Services: +21 Advanced Diploma or Diploma, City of Moreland - Financial and Insurance Services: -2 Certificate I and II Level, City of Moreland - Financial and Insurance Services: -2 Certificate III & IV Level, City of Moreland - Financial and Insurance Services: -18 Certificate Level, nfd, City of Moreland - Financial and Insurance Services: 0 No qualification, City of Moreland - Financial and Insurance Services: -40
Source: Australian Bureau of Statistics, Census of Population and Housing, 2011 and 2016
Compiled and presented in economy.id by .id, the population experts.

Dominant groups

Analysis of the qualifications of the Financial and Insurance Services in the City of Moreland in 2016 compared to Victoria shows that there was a lower proportion holding formal qualifications (Bachelor or higher degree; Advanced Diploma or Diploma; or Vocational qualifications), and a higher proportion with no formal qualifications.

Overall, 58.9% of the Financial and Insurance Services held educational qualifications, and 31.2% had no qualifications, compared with 67.5% and 23.6% respectively for Victoria.

The major differences between the qualifications held by the Financial and Insurance Services workforce in the City of Moreland and Victoria were:

  • A larger percentage of local workers with No qualifications (31.2% compared to 23.6%)
  • A larger percentage of local workers with Advanced Diploma or Diplomas (17.7% compared to 14.1%)
  • A larger percentage of local workers with Certificate I and II Levels (1.1% compared to 0.7%)
  • A smaller percentage of local workers with Bachelor or Higher degrees (38.4% compared to 51.1%)

Emerging groups

The largest changes in the qualifications held by the Financial and Insurance Services workforce in the City of Moreland between 2011 and 2016 were:

  • No qualifications (-40 local workers)
  • Bachelor or Higher degrees (+21 local workers)
  • Certificate III & IV Levels (-18 local workers)
  • Advanced Diploma or Diplomas (-2 local workers)

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