The Changing Role of Higher Education: From Social/Societal Aspect to Employability Gains

Abstract

The changes in the economy along with various political reforms have resulted in an increased focus on enhancing the employability of higher education graduates and have challenged the traditional role of higher education such as creating informed citizens and improving the well-being of individuals and the larger society. In this era of globalization, employability of higher education graduates is considered imperative in strengthening economies and in increasing their competitiveness. This increased focus on employability calls for innovative methods and approaches for assessing the skills and competencies of graduates. Employability is a broad concept and should not be seen as synonymous with the actual employment of graduates. Given these changes in the larger economy and higher education systems, this chapter attempts to map the changes in the overall goals and objectives of higher education against various political and economic forces, and to discuss the implications of these changes with reference to ‘employability gain’ of graduates. In doing so, we first discuss various definitions of employability and identify commonalities and differences between them. Next, we examine the potential of two assessment approaches – self-reports and performance-based tests – for measuring employability gains based on research findings from two higher education quality management projects implemented in Germany.