This article examines the employment and placement in working life of Finnish higher education graduates (i.e. graduates from universities and polytechnics), focusing on gender equality. It reports a study on gender segregation in higher education and working life, considered in relation to Nordic gender equality policies. The data were gathered via a questionnaire administered to graduates in business and administration (n=1067) and in technology (n=1087), three years after their graduation. The results showed that men were able to secure permanent and full-time employment more often than women, and achieved a better correspondence between their degree and their employment. However, the gender divergence was manifested differently in polytechnics and universities; thus a higher (Master's) university degree seemed to have a compensating influence on the effect of gender. Despite of Nordic equality policies, female and male graduates were placed in the labour market according to tendencies towards gender segregation.