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Relevance of higher education: economic and social development, and employability of graduates

Relevance of higher education: economic and social development, and employability of graduates. Bologna 2020: Unlocking Europe’s potential – Contributing to a better world Martina Vukasovic Centre for Education Policy, Serbia. Relevance of higher education. How to “measure” relevance?

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Relevance of higher education: economic and social development, and employability of graduates

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  1. Relevance of higher education:economic and social development, and employability of graduates Bologna 2020: Unlocking Europe’s potential – Contributing to a better world Martina Vukasovic Centre for Education Policy, Serbia

  2. Relevance of higher education • How to “measure” relevance? • Political goals • Wider social and economic context • Extent of • Differentiation • Diversification • Frame of reference (time and space)

  3. HE and economic development • Increase of productivity • Increase of human capital • Knowledge and technology transfer • Decrease of costs in other public sectors

  4. HE and social development • Building of the national identity • BUT what about globalization or Europeanisation? • Promotion of attitudes and values, critical thinking, democratisation of the society • Improving quality of life • Social mobility or social reproduction? • Benefits for the individual

  5. Employability – a concept • Employability ≠ employment • Employability = a set of achievements, understanding and personal attributes that make individuals more likely to gain employment and be successful in their chosen occupations (Knight and Yorke, 2004:25) • Personal characteristic • Possibility, not certainty or status

  6. Employment of graduates - research • graduates spend more time searching for a job after graduation than they used to do • graduates feel that their first job is often not suitable for them – that they are under-employed • more and more graduates start with several part-time or short-term jobs • persons with higher education qualifications tend to change jobs more often than before – both in terms of changing employer as well as field of work • unemployment statistics show an increase in the number of unemployed persons with higher education qualifications.

  7. Higher education and employability • caution when making conclusions w.r.t. to higher education on the basis of (un)employment statistics • over-education and under-employment? • effects of massification • influence of non-formal and informal learning • difficult to establish simple causal relationships • time and space of reference

  8. How to increase employability? • Real focus on learning outcomes • Diversity of offer (mirroring the diversity of roles of higher education) • Flexibility of learning paths • Transparency • Recognition of learning • Readability (employers!) • Adequate inclusion of relevant stakeholders

  9. Thank you for your attention! mvukasovic@cep.edu.rs http://www.cep.edu.rs

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