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The Impact of Factors on Human Capital Quality: A Study of Economics Students in Vietnam

Author

Listed:
  • Thi Ngoc Lan Nguyen

    (MSc. student, School of Economics, Finance and Management, The University of Bristol, United Kingdom)

  • Song Hoa Vu

    (Accounting department, The Academy of Finance, Vietnam)

  • Thanh Hang Pham

    (Business School, The National Economics University, Vietnam)

  • Van Cong Nguyen*

    (Professor, PhD. Industrial University of Ho Chi Minh City (IUH) Ho Chi Minh City, Vietnam)

Abstract

This research aims to investigate the suitable measurement method of human capital quality and its indicators including both extrinsic and intrinsic factors. Research data were collected randomly from more than 400 students per chosen university in different academic years at the current five most famous economic universities in Vietnam, with 1796 observations and 2100 questionnaires. By combining the use of qualitative and quantitative methods with the support of EVIEW 10 and STATA 22 software, the study was conducted evaluate the impact of four extrinsic factors (academic staffs, administration services, curriculum structure, and infrastructure) and seven intrinsic factors that reflect students’ motivation (learning purpose, acquiring knowledge ability, learning method, hardworking, self-awareness, and relationship development) on human capital quality (expressed through knowledge, skills, and attitudes). The research results indicate that students’ motivation is the most important factor promoting human capital quality whereas administration services and infrastructure has a negative impact on human capital quality. Furthermore, while academic staffs only influence slightly and positively on students’ attitudes curriculum structure can impact both students’ skills and attitudes.

Suggested Citation

  • Thi Ngoc Lan Nguyen & Song Hoa Vu & Thanh Hang Pham & Van Cong Nguyen*, 2019. "The Impact of Factors on Human Capital Quality: A Study of Economics Students in Vietnam," The Journal of Social Sciences Research, Academic Research Publishing Group, vol. 5(11), pages 1515-1529, 11-2019.
    • Handle: RePEc:arp:tjssrr:2019:p:1515-1529
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