The much-discussed gap between employers' demands and business school graduates' competence: an intriguing finding

Previous employability studies point at a gap between employers' expectations of business school graduates and what business schools produce. The majority of such studies identify individual employability skills that are the most important for employers and compare these with what business schools teach. This study takes a more holistic approach and identifies the types of business school graduates whom employers are looking for. Based on interviews with employers in Estonia, our findings give rise to three rationales as to why there is little (if any) reason for business schools to reconsider what they teach. First, there seems to be an overlap between what employers ask for and what business schools produce. Second, employees tend to regard the bachelor degree per se as a proxy for employability. Third, employers suggest that new hires can learn what they need to conduct their work tasks on-the-job.