The False Promise of Market-Based Conceptions of Human Capital: Higher Education as a Public and Private Good

Author(s):  
Cynthia Gerstl-Pepin
2020 ◽  
Vol 5 (3) ◽  
pp. 16-30
Author(s):  
Masoud Rashid Al Hinai ◽  
Abul Bashar Bhuiyan ◽  
Nor Azilah Husin

The Omani higher education system has enlarged noticeably since 1970 both in the number of students and in the infrastructure.  As a result, there has been a wide investment to provide quality higher educational institutes capable of providing suitable graduates to fulfill the requirements of both public and private sectors with a focus on females to assure equal gender educational and career opportunities chances. Therefore, graduates’ readiness for employability has become a major issue for Higher Education Institutes (HEIs) in Oman due to the growing concern from governments and industries on the quality of the graduates.  Therefore, the main objective of the current study is to develop a conceptual framework for the graduate readiness for employability and incorporates the graduate attributes including human capital attributes, social capital attributes, individual attributes, institution-related attributes, and active learning attributes moderated by gender, career, and moral mindset among Engineering Graduate in Oman. The study uses available sources of existing literature based on the four main keywords ‘higher education’, ‘graduate attributes ‘or ‘readiness for employability, and ‘skills gaps in Oman’. The study also justified by the following theories which are human capital; education and economy development; behavior theory; and motivation theory. The literature utilized for this study covers the latest literature (from 2013 to 2020) extracted from Google Scholar, ProQuest, and Scopus, and other online resources. Based on the summary findings, the study develops a framework that analyses the effects of influential factors on the graduate readiness for employability that will be considered as an empirical study on the graduates of the engineering colleges in Oman. Moreover, the study also concluded that there are moderating effects of gender, moral mindset, and career mindset on the influence factors and the graduate readiness for employability among Omani engineering colleges’ students. The results of the study will fill the gap in understanding the main factors affecting the attainment of graduates’ readiness for employability skills in Oman. The study recommends justifying this conceptual framework by empirical data from the Engineering Graduate in the Higher Education Institutes (HEIs) and draw a policy guideline for ensuring of readiness of engineering graduates for employability in the HEIs in Oman.


2021 ◽  
Vol 4 (2) ◽  
pp. 147-154
Author(s):  
MOHAMMAD QASIM AYAZ ◽  
ABDUL QAHAR ◽  
DR. RAZA ULLAH ◽  
DR. MUSTAFA AFEEF

Human resources are found to be one of the most fundamental contributors in the success of any organization. In the context of the education sector, the importance to be attributed to the potential human capital and its management is ever-increasing. The main purpose of the study is to establish the influence of human capital management on performance of an organization, particularly within the education sector of Afghanistan. For this purpose, 20 universities were selected, amongst which 10 universities were private and the rest 10 were government institutions. The study used questionnaire method to collect the required data from selected public and private universities in Afghanistan. Three hundred employees were sampled from various higher education institutions of the country, both public and private and the data were analyzed through SPSS 16 version. The findings of the study depict a strong positive relationship between human capital management and organizational performance.


2020 ◽  
Vol 12 (6) ◽  
pp. 2393
Author(s):  
Zhimin Liu ◽  
Aftab Ahmed Memon ◽  
Woubshet Negussie ◽  
Haile Ketema

According to poststructuralists, workers with higher level of education and possession of potential experience are supposed to have higher wages. Yet, there are plausible questions that arise as to what levels of education or work history are needed for the enhancement of wage discrimination. Additionally, the outcomes arising from rehashing years of schooling are worth considering. We used a several methods, employing the administrative Household Integrated Economic Survey (HIES) data from Pakistan without ignoring environmental effects. Our estimated results support the conventional assumptions of linearity of log-wage. First, we found substantial returns for postgraduate diploma holders in both public and private sectors, even after controlling the individual’s heterogeneity. Second, we did notice a significant divergence in return to low-level education (LLE) and job history. Third, rehashing years of education may create suspiciousness regarding the lack of competence. Our results suggest that continuous investment in human capital toward postgraduate diploma may result in higher premiums.


2017 ◽  
Vol 15 (2) ◽  
pp. 267-286
Author(s):  
Stanisław Leszek Stadniczeńko

The author considers the questions relating to the formation of lawyers’ professional traits from the point of view of the significance which human capital and investment in this capital hold in contemporary times. It follows from the analyses, which were carried out, that the dire need for taking up actions with the aim to shape lawyers appears one of the most vital tasks. This requires taking into account visible trends in the changing job market. Another aspect results from the need for multilevel qualifications and conditions behind lawyers’ actions and their decisions. Thus, colleges of higher education which educate prospective lawyers, as well as lawyers’ corporations, are confronted by challenges of forming, in young people, features that are indispensable for them to be valuable lawyers and not only executors of simple activities. The author points to the fact that lawyers need shaping because, among others, during their whole social lives and realization of professional tasks their personality traits and potential related to communication will constantly manifest through accepting and following or rejecting and opposing values, principles, reflexions, empathy, sensitivity, the farthest-fetched imagination, objectivism, cooperation, dialogue, distancing themselves from political disputes, etc. Students of the art of law should be characterized by a changed mentality, new vision of law – service to man, and realization of standards of law, as well as perception of the importance of knowledge, skills, attitudes and competences.


2011 ◽  
Vol 50 (4II) ◽  
pp. 531-553 ◽  
Author(s):  
Shujaat Farooq

In this study, an attempt has been made to estimate the incidences of job mismatch in Pakistan. The study has divided the job mismatch into three categories; education-job mismatch, qualification mismatch and field of study and job mismatch. Both the primary and secondary datasets have been used in which the formal sector employed graduates have been targeted. This study has measured the education-job mismatch by three approaches and found that about one-third of the graduates are facing education-job mismatch. In similar, more than one-fourth of the graduates are mismatched in qualification, about half of them are over-qualified and the half are under-qualified. The analysis also shows that 11.3 percent of the graduates have irrelevant and 13.8 percent have slightly relevant jobs to their studied field of disciplines. Our analysis shows that women are more likely than men to be mismatched in field of study. JEL classification: I23, I24, J21, J24 Keywords: Education and Inequality, Higher Education, Human Capital, Labour Market


Author(s):  
Volodymyr Ryabchenko

There are following prerequisites outlined in this article: worldwide democratization trend; complexity of structures of social systems; growing needs in human capital development; autonomy of national higher education institutions; civilizational problem of Ukraine in national elite. Conceptual problems on a road to real democracy in higher education institutions were actualized and analyzed. Determined and characterized three models of higher education institutions activities based on the level of democratization needs of their social environment as: negative, neutral and favorable.


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