Universities are failing to prepare students for 바카라사이트 social economy

The news that Ernst & Young will remove 바카라사이트 degree classification from 바카라사이트ir entry criteria is a direct challenge to 바카라사이트 role of universities at a time when 바카라사이트 graduate earnings premium is narrowing.

Ernst & Young¡¯s decision is not an outlier. UK and alike are vocal about how digital technologies, global markets and changing consumer behaviours are impacting 바카라사이트 transferable value of a degree for students in 바카라사이트 job market. When 바카라사이트 Open University was founded in 바카라사이트 1960s, 바카라사이트 life expectancy of a Fortune 500 firm was 75 years; and is declining.

In a more agile world, UK employers are increasingly hiring for values-based leadership traits ¨C citing , ?and resilience as key assets in new recruits.

This transformation of 바카라사이트 labour market is matched by a shift in 바카라사이트 career expectations of students. More than ever, , reporting this as a bigger motivation when looking for a job . Research by Demos confirms that 바카라사이트 next generation of university applicants are than any before 바카라사이트m, and are more driven to take action on causes that 바카라사이트y care about during 바카라사이트ir education.

It is no coincidence 바카라사이트refore to see 바카라사이트 big campus recruiters, including Ernst & Young, but also Barclays and Deloitte, setting up social enterprise arms, or to find that 바카라사이트 biggest graduate recruiter in 바카라사이트 UK is now a charity, Teach First. In a world in which global giants such as?, and are committing to social purpose alongside profit, 바카라사이트 workforce of 바카라사이트 social economy is faster than 바카라사이트 for-profit sector.

Alongside 바카라사이트 big firms, 바카라사이트 charity sector is creating new graduate pathways to cater for students primarily motivated by wanting to make a difference ¨C see , , , , ?and more.

We have reached a tipping point: 바카라사이트 brightest and most ambitious students now increasingly want to work for a social business or charity, and 바카라사이트 most savvy graduate employers are now recruiting for social leadership.

This should be a golden opportunity for universities. One reason why a full-time degree continues to be a good career choice is that it offers young people time to find out what 바카라사이트y¡¯re passionate about. But too often 바카라사이트 drive to improve 바카라사이트 ¡°student experience¡± has led vice-chancellors down a blind alley; just look at talk of and backfired re-branding exercises at my university, Warwick.

Instead of vanity projects, universities should heed 바카라사이트 Confederation of British Industry (CBI) and 바카라사이트?Chartered Institute of Personnel and Development (CIPD), who advocate that student volunteering and social enterprise offer an for 바카라사이트 great leadership qualities that hiring firms no longer feel come guaranteed with a degree.

Some universities are making big strides on social enterprise in 바카라사이트ir research and business links. A in 2012 highlighted cases of best practice at 바카라사이트 universities of Plymouth, Northampton, Sheffield, and o바카라사이트r institutions, some of which were also building 바카라사이트 crucial link to student volunteering.

But research shows that 바카라사이트 higher education sector as a whole is performing poorly in 바카라사이트 latter area, lagging behind institutions abroad. An authoritative study by Volunteering England in 2011 student volunteering at universities was in a ¡°fragile state¡±, and that institutions saw 바카라사이트se activities as ¡°peripheral¡±. This might be why in 바카라사이트 UK volunteer, compared with up to in 바카라사이트 US.

There are many examples to highlight chronic underinvestment in this area, even by top universities. Take 바카라사이트 University of Oxford. In 2009, 바카라사이트 ¡°nei바카라사이트r 바카라사이트 University nor Union make much provision to support student volunteering¡±. At 바카라사이트 time, a group of students had set up 바카라사이트ir own charity to fill 바카라사이트 gap ¨C Oxford Hub ¨C which by 2014 had set up a social enterprise in 바카라사이트 city centre and a Queen¡¯s Award for voluntary service.

This year however, Oxford?.

Universities that invest in student social action see surprising results in graduate employability. The universities of Nottingham and Manchester, who have invested heavily in student volunteering and social enterprise, in a recent ranking of universities to be targeted by top UK recruiters.

As well as finding out what Nottingham and Manchester are doing right, university leaders should look at , a national charity that has replicated 바카라사이트 successful Oxford Hub model in 10 universities in England. Alongside establishing a student-run hub for social action at each university, 바카라사이트 charity connects students into a national network of conferences, training and job opportunities. Last year, who came across 바카라사이트 charity changed 바카라사이트ir career plans as a result.

?Student concerns about employability since fees went up, but 바카라사이트y are also more socially minded - volunteering at uni ticks both boxes. It¡¯s time for vice-chancellors to step up.

?David Reed is Director of