NordicFuture is developing a platform that uses AI to match university students with study-relevant student jobs.
Experience in a study-relevant job is one of the most important factors when applying for a full-time job after completing one’s studies. A study shows that 91.8% of students with study-relevant jobs during their studies are employed two years after graduating, whereas only 57.2% of those without such jobs have found employment. Another study shows that only 44% of university students are employed in a study-relevant student job. The problem is that many students find it difficult to start the job search, and once they begin, they struggle to find relevant student jobs.
From the employers' perspective, we have found that many companies experience challenges in finding the right candidates, while others are unaware of the value a student worker can contribute to their firm.
At NordicFuture, we aim to make the job search easier by creating a platform that turns the job search process on its head. Students only need to register on the platform by uploading their CV, after which they can wait to be contacted as soon as a study-relevant job matching their skills becomes available. To further elaborate on their profiles, the students will be asked to take a personality test to ensure that we can facilitate the most suitable matches. The AI will leverage insights into competencies acquired through diverse university studies, using this information to evaluate candidates' skill profiles based on the educational background outlined in their CVs. It will also have knowledge of competencies acquired through previous jobs. Overall, the AI will consider three factors when assessing the competencies and personality of a student: Completed education, professional experience, and the results of the personality test. The profile formed by these three factors will then be compared against the requirements of vacant positions in terms of competencies and personalities to create a match.
At the same time, we make it easier for employing companies to find and filter relevant candidates without incurring high costs. We achieve this by attracting a large pool of job-seeking students to our platform. As with the process for the students, our AI then analyzes each candidate's competencies and the employers' requirements to make optimal matches. The AI will be asked to find 3-5 suitable candidates (or however many the employing company thinks is appropriate) which will be sent to a job interview. Thanks to the efficiency of our platform, we can dedicate resources to communicating the value of student workers to companies that may be unaware. By doing this, we will expand the pool of available student jobs, ultimately resulting in a higher percentage of students securing study-relevant jobs.
We, the two founders of NordicFuture, are university students ourselves, who have experienced firsthand the challenges of searching for study-relevant jobs. Being part of the student community, we are attuned to the sentiments and experiences of our peers regarding study-relevant employment. An education is not just an education; it is the start of one's career. However, for many students, taking the next step and launching that career is currently a time-consuming and often discouraging process. This is why we believe a new approach to searching for student jobs is needed.