Don't ditch the degree yet: Why higher education still matters in today's workplace

Degrees must adapt to meet employer demands

KOUSALYA SELVAM
KOUSALYA SELVAM
17 Jul 2024 08:00am
An expert also pointed out a worrying trend: graduates facing unemployment or underemployment due to a mismatch between education and job market needs. - File photo by Bernama
An expert also pointed out a worrying trend: graduates facing unemployment or underemployment due to a mismatch between education and job market needs. - File photo by Bernama
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SHAH ALAM - In today's fast-paced world, a degree may not guarantee a stable job anymore, but it remains a valuable asset for long-term career success and personal growth.

Speaking to Sinar Daily, Universiti Selangor Deputy Dean in the Faculty of Communication, Visual Art, and Computing Dr Latifah Abd Latib emphasised that while the value of a degree has evolved over the past decade, it remains a critical asset for long-term career success and personal growth.

Degrees and the Evolving Job Market

"The value of a degree has certainly evolved over the past decade.

"Traditionally, a degree was seen as a guaranteed ticket to a stable and well-paying job.

"While this is still largely true, the rapid advancement of technology, the changing job market, and the rise of alternative education paths have shifted this perception.

"Degrees now often need to be supplemented with practical experience, soft skills, and continuous learning to maintain their value," she said.

Latifah noted that current job market trends, such as the increasing demand for tech-savvy professionals, the gig economy, and a focus on skills over credentials, have undeniably influenced the perceived value of a degree.

Employers increasingly seek candidates with specific skills and competencies rather than just formal education credentials.

This shift highlights the importance of combining a degree with additional certifications, real-world experience, and practical skills to enhance employability.

Latifah also pointed out a worrying trend: graduates facing unemployment or underemployment due to a mismatch between education and job market needs.

Bridging the Gap Between Education and Employment

"To curb this, there should be a stronger alignment between academic programmes and industry requirements.

"This can be achieved through industry partnerships, internships, co-op programmes, and integrating practical skills training within the curriculum.

"Promoting lifelong learning and reskilling can help graduates stay relevant in the ever-changing job market," she said.

The Future of Higher Education

Looking ahead, Latifah anticipated significant transformations in higher education over the next 10-20 years.

"We can expect a greater emphasis on online and hybrid learning models, personalised and adaptive learning experiences, and the incorporation of technology such as Artificial Intellifence (AI) and Virtual Reality (VR) to enhance education.

"There will be a stronger focus on interdisciplinary studies, skills-based training, and lifelong learning to adapt to the fast-paced changes in the global job market.

"Institutions will also need to become more flexible and responsive to the needs of both students and employers," she added.

The Benefits of Higher Education

She said higher education plays a crucial role in personal development by fostering critical thinking, problem-solving skills, and intellectual curiosity.

"It also promotes personal growth, self-discipline, and a sense of responsibility.

"On a societal level, higher education contributes to progress by producing informed and engaged citizens, driving innovation, and addressing societal challenges through research and knowledge dissemination.

"It helps in building a skilled workforce that is essential for economic development and social well-being.

Should You Get a Degree?

For students weighing the decision to pursue higher education, Latifah advised carefully considering career aspirations, personal interests, and the latest job market trends.

"Higher education not only provides a solid foundation of knowledge and skills but also offers invaluable networking opportunities.

"It's essential to choose a field that is both in demand and resonates with your passion," she said.

Degrees: A Pathway to a Fulfilling Future

Moreover, embracing continuous learning and skill development is crucial, whether through traditional education or alternative pathways.

Practical experience gained through internships, part-time jobs, or volunteer work can greatly enhance academic achievements and prepare students for the dynamic job market ahead.

"In short, higher education is not just a pathway to a degree; it’s a journey toward a brighter, more fulfilling future," she said.

While many students are understandably drawn to immediate work opportunities, especially with the rise of influencers and various jobs that don't require a degree, Latifah cautioned against overlooking the long-term benefits of a degree.

"While these paths can offer quick financial rewards, they often come with uncertainties and limited long-term growth potential.

"A degree, on the other hand, provides a solid foundation of knowledge and critical skills that are invaluable in a rapidly changing job market.

"It equips students with the ability to think critically, solve complex problems, and adapt to new challenges—qualities that are essential for sustained success and career advancement," she said.