The term graduate placement is a statistic used by colleges, universities, and other schools to statistically report the successfulness of their graduated students to find a job in the student's chosen field of study.

It is generally used to indicate the efficacy

Efficacy

Efficacy is the capacity to produce an effect. It has different specific meanings in different fields. In medicine, it is the ability of an intervention or drug to reproduce a desired effect in expert hands and under ideal circumstances.- Healthcare :...

of the teaching methods and educational opportunities for prospective students looking for a good school to spend their tuition money.