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Competencies And Skills: Gap Between Higher Education And Labour Market

Author

Listed:
  • Helena Stimac

    (Faculty of Economics in Osijek)

  • Karla Bilandzic Tanasic

    (Faculty of Economics in Osijek)

Abstract

Achieving synergy between market demands and knowledge, competencies, and skills offered by higher education is a great challenge and represents a responsibility that most commonly resides with educators. The aim of this paper is to investigate the gap between the offered competencies and skills provided to students after they complete their higher education and the demands of the labour market in the area of marketing. In order to define the features of the gap, qualitative research was conducted using the group interview method (focus group), after which the results showed that the competencies and skills offered on the higher education market correspond to a certain extent to the competencies and skills demanded on the labour market. However, it was determined that the gap existed, and it was necessary to reduce it. Further adaptations and changes in higher education are necessary, but it is all held back by slow development, administrative overload, and inertia, both in higher education institutions and among its stakeholders.

Suggested Citation

  • Helena Stimac & Karla Bilandzic Tanasic, 2023. "Competencies And Skills: Gap Between Higher Education And Labour Market," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 32(2), pages 615-628, december.
  • Handle: RePEc:avo:emipdu:v:32:y:2023:i:2:p:615-628
    DOI: 10.17818/EMIP/2023/2.15
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    More about this item

    Keywords

    labour market; higher education; competencies; skills; marketing; focus group;
    All these keywords.

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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