By building on the theory of human capital, we will study the mobility of working university graduates by placing the starting point to their original home municipalities instead of their university town. In this project, we will analyse the changes between the geographical locations of graduates in four different time points: 1) Before the studies, 2) during the studies, 3) the first job after the graduation, 4) at the survey moment (5 years after the graduation). Mobility will be analyzed further by using the following categorization: 1) stayers, 2) leavers, 3) returners, 4) student-movers 5) repeat-movers. By using this categorization, which is a modified version of Kodrzycki (2001), we are able to broaden our view of the mobility-phenomenon. There are only few studies that have investigated the return moves of university graduates. We will ask what is happening to the regions from where graduates came to study. The data was gathered in 2006 and it contains those who completed their degree in 2001. More than half of all those who graduated in 2001 answered to the questionnaire. Altogether the data contains over 6000 answers.