The article will present the results of the research performed on chosen at random graduates of the Faculty of Education, Sociology and Health Sciences, University of Zielona Gora. It is important to say that the authors understand the concept of a graduate much broader than it is seen in the surveys run by GUS (Central Statistical Office) or employment offices. Research subjects are people who graduated from the University of Zielona Gora within the last five years. The choice of the interval is connected with the transformation of Higher School of Pedagogy (WSP) into the University of Zielona Gora, which supposedly has changed the importance of diplomas on the labour market. The presented research focused on the career path of the graduates, thus the answer to the following questions was searched: Whether and, if yes, where did the graduates of a chosen faculty obtain a job? What requirements from employers did they encounter while looking for a job and if they met them? The authors also asked the graduates for a retrospective evaluation of professional competencies they had acquired at the university. Analysing the non-scientific activities of graduates during their studies, the authors tried to establish to what extent a university is responsible for equipping students with competencies important on the job market, and how much this responsibility is determined by student activities. The dynamic development of higher education market in the recent years forces particular universities to become interested in learning outcomes. Kazimierz Denek (Pomiar efektywnosci ksztalcenia w szkole wyzszej, Warsaw 1980), speaking about the effectiveness of education, indicates the internal effectiveness (i.e. acquiring knowledge, skills and attitudes enclosed in the university curriculum) and external effectiveness (i.e. implementing knowledge and skills at work). Internal effectiveness is constantly monitored by academic staff, while the other one is verified by the job market. However, due to the competitiveness of universities their authorities should also be concerned with the chances their graduates have on the job market and what position they occupy there. The knowledge about professional careers of graduates can be used in two ways: to improve the process of education and for marketing purposes when recruiting new students.