This paper analyses polytechnic graduate placement in Finnish manufacturing. The paper uses a register-based data source covering white-collar manufacturing workers over the period 1995-2004. Taken together, the results show that wages and job classification are higher for polytechnic graduates, once other covariates are controlled for. Despite this, almost 20% of graduates from polytechnics have been forced to take a position in manufacturing in which they can be considered to be overeducated. Interestingly, Bachelors of Business Administration are not as well placed as Bachelors of Engineering. (Contains 4 tables, 4 figures and 22 notes.)