Monday 25 March 2013

Is a university degree still relevant?

Earlier this month, Universities Australia released a report from "The Australian Workforce Productivity Agency" warning that the industry demand for people with higher education is set to sky rocket with growth rates of between 3 and 4 per cent every year till 2025.

Yet with so much evolution in the work place and the technologies that are running them, should a degree still be a definitive requirement or has it become more industry specific?

Ten years ago more than 50% of Australians wouldn't have been able to read this article online due to Internet access constraints. Twenty years ago, stories like this were typed on electric typewriters and faxed to editors, while 30 years ago the yellow pages was the number one source to find the phone numbers for people to interview. Times have changed... drastically.

There are still plenty of people in the work force who would have completed their university studies 20 - 30 years ago, a time before tablets, Google and smart phones, a time when you got a bad back from lugging around the fourth edition of a 10 kg textbook or writing your thesis from facts you found in your Encyclopaedia Britannica that took up an entire wall of your house.

According to many employers or if you check out the latest job listings, it's clear, a degree is still a big desire, even though they could have come fresh off the printing press when a mullet was something on your head, not on your plate and a mouse was something that ate cheese.

Of course if your life long dream is to be a scientist or a vet or a lawyer, higher education is not just necessary it's imperative to ensure you learn the knowledge required to execute these types of positions.

But for many other industries where "hard skills" are required to get the job done is university always the right way to go?

Lincoln Crawley, the Managing Director of Manpower Group Australia, New Zealand as well as the President of RSCA (Recruitment and Consultant Services Association) says in the Australian job market a degree is still an advantage.

"This is a complex issue, what is appealing to prospective employers is that a degree gives the impression of a desire for continuous learning" says Crawley.

So if Crawley was presented with two candidates with similar abilities however one has a degree and the other doesn't who usually gets the job? "If two candidates are all things being relatively equal, then it should be the propensity to do the role and add value to the work place that wins the position not the pieces of paper," he says.

At the time this article was written, a number of universities and Universities Australia were approached to comment on this issue from a Tertiary standpoint, but given the current revolving door of Ministers (Chris Bowen's replacement will be the fifth in 15 months) and the aftermath of the spill, no one was available to comment.
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Do those extra letters after your name really get you those extra dollars in your pay packet? Does a degree place you in a position of power and strength in the job market or can it just another form of workplace discrimination?

Most people see the advantage of further education and the pursuit of constant learning, but not everybody believes you always need a piece of paper to prove it.

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