Most recent UC Davis graduates are working in their chosen field or studying for a postgraduate degree -- and they feel well prepared, according to a university survey. The survey, conducted in the summer and fall of 2000, questioned June 1999 recipients of undergraduate degrees, with a response rate of 46 percent from among the 2,388 who received the survey. One year after graduating, 64 percent of the respondents were employed full time, and 38 percent were studying for or had just completed a postgraduate degree or credential. Twelve percent of respondents were working part time by choice, and 17 percent were unemployed and not seeking work. Three percent were working part time but would have preferred full-time employment, and 4 percent were unemployed and seeking work. Almost 80 percent of graduates employed full time were working in the field of their choice. The average annual salary for those working full time was $38,700, up 27 percent (or 19 percent adjusted for inflation) from the average salary reported by 1996 graduates. More than two-thirds of those employed full time reported that their studies prepared them well for their current employment. And 80 percent of those engaged in postgraduate education reported that their undergraduate education prepared them well for continuing their education. About a fifth of the June 1999 graduating class was working or studying in the fields of biological and health sciences. And even though UC Davis does not offer a traditional business major, 29 percent of the graduating class began working in finance, banking, marketing and other business fields.