Friday August 10, 2012

Gary Shilling makes the case that too many college students emerge without any marketable skills.  He notes taht a soft degree might have had some value ten or twenty years ago but most of those jobs are being replaced by computers or, he does not say but, simply outsourcing that job by the hour to otherwise unemployed grads. Law firms now routinely outsource legal work by the hour, there are more lawyers and law positions. 

this certainly reflects my view and any student in my classes will tell you about my emphasis on obtaining a certification. 

Henry Blodgett asks good question, where do we get to the point that employers ask hard questions. 

Shilling answers that more employers will be using qualification exams. Bingo, just what I have been telling students, this is the role that a certification delivered by an organization outside the university is the new norm. 

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3 responses to “The College Model is Challenged”

  1. Joe Avatar
    Joe

    In my opinion, one of the most important pieces of advice given was in the first day of Prof. Elam’s accounting course: “Understand the various certifications!” Currently, college degrees seem to show that an applicant can learn something. A certification, on the other hand, displays an expertise in a certain field. Because of the gravity of the current economy, a realization seems to be materializing to become licensed or certified in some fashion. College students who cannot be offered an opportunity to be certified or licensed after obtaining their bachelor’s may be better served going to trade school.

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  2. Dennis Elam Avatar
    Dennis Elam

    Joe
    thanks so much for your observation, I keep preaching the gospel of becoming certified, and doing so in a laddered fashion, beginning with one that does not have a time constraint, unlike the CPA exam.

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  3. Sauli Ahokas Avatar

    I’ve been also in accounting and “understand the various certification” is one of the best advice of my prof. when i was in Finland country.Well i seen your point here and that is really a good challenge for everyone.

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