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Is banking and finance education producing sector-relevant personnel? Stakeholders’ psychological perceptions toward employment

Author

Listed:
  • Ranim El Sayed

    (Cyprus International University)

  • Hale Ozgit

    (Cyprus International University)

Abstract

While many studies have examined factors affecting graduate employability, few have examined the effects of stakeholders’ psychological perceptions. Uncovering the moderating effects of employability skills and experience becomes critical. This study examines the psychological perceptions of graduate programs, graduate employability modelling, interpersonal competencies, and the employability skills and experience required to produce sector-relevant personnel for the banking sector. Using structural equation modelling, we examine the relationships between the subject variables. 453 students and 33 lecturers were surveyed, and data sheets from a skills inventory were given to a random sample of 23 bank human resource managers in North Lebanon. The findings support the theory of beneficial interaction effects between interpersonal competencies and graduate employability.

Suggested Citation

  • Ranim El Sayed & Hale Ozgit, 2023. "Is banking and finance education producing sector-relevant personnel? Stakeholders’ psychological perceptions toward employment," E&M Economics and Management, Technical University of Liberec, Faculty of Economics, vol. 26(3), pages 109-127, September.
    • Handle: RePEc:bbl:journl:v:26:y:2023:i:3:p:109-127
    DOI: 10.15240/tul/001/2023-3-007
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    References listed on IDEAS

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    1. Truong, Yann & McColl, Rod, 2011. "Intrinsic motivations, self-esteem, and luxury goods consumption," Journal of Retailing and Consumer Services, Elsevier, vol. 18(6), pages 555-561.
    2. Blom, Andreas & Saeki, Hiroshi, 2011. "Employability and skill set of newly graduated engineers in India," Policy Research Working Paper Series 5640, The World Bank.
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    More about this item

    Keywords

    Graduate employability; skills; banking graduates; Lebanon; stakeholders’ psychological perceptions; structural equation modelling;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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