college degree Archives - Accounts NextGen

Are skills and workplace experience more valuable than a college degree?

Are skills and workplace experience more valuable than a college degree?

The debate of education vs workplace experience is in full swing because nowadays, employers are looking for skills, traits, and personality for future leaders.

According to the latest report, it is found that around 2,552 workers in Australia (70%) say that work experience is beneficial to advance their career in the future.

In another report which was given by recruiter Hays from a poll stated that approximate 21% of people say informal learning advances the career of an individual, and the other 9% say formal education is beneficial for the best career.

These two reports say that people who haven’t attended college or university have higher chances of getting the best job. This means when other candidates are attending college or university at that time; those candidates are polishing their skills and traits to get selected for the job.

So, you may think that whose value is more- a degree or work experience. So, from all the above surveys and according to the people’s perception, expertise is a far better and effective way to get successful.

Let’s take an example- the field of accounting needs more on-job experience, which you will not get while studying accounting. That’s why more and more students are losing faith in tertiary education. And nowadays, many universities have hit back on this topic that only college education offers training to the specification field, but not develop the candidate for the workplace.

Today, in the corporate world, most of the employers are looking forward to that type of candidate who has both knowledge and skills. This is because the corporate world doesn’t want those candidates who have traditionally passed through the classroom. That’s why students are focusing on gaining skills and experience over a degree.

If you see the latest report that is given by the government, it stated that around 8.5% of bachelor’s students are unemployed, almost 16.8% of college

students are underemployed as they are doing the job that doesn’t need a college degree.

And this number of both unemployed and underemployed has doubled from the year 2007. So, don’t just rely on a college degree only as of the importance of learning skills matters a lot in this corporate and professional world. These four essential skills are: –

· Communication

· Problem-solving

· Critical thinking

· Social skills

But according to another report, it is found that greedy employers need both education and experience. So, if you are getting confused about what road you must take- university or job after completing school, then you can go for gaining both the skills.

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