Abstract

Employability is a vital aspect for human development in career fields. In order to explore the factors affecting the employability of finance and trade graduates in higher vocational colleges, the researchers focused on human development in educational settings and conducted a piece of quantitative research within nine higher vocational colleges. The study uses descriptive statistical analysis to demonstrate the sample structure, using t-test, rank sum test, and chi-square test to assess the variables. It also adopts exploratory factor analysis to identify the classification of both educational practice and employability. Then, a multivariable linear regression model was adopted to examine the relationships between three main factors as well as the employability and career development of finance and trade graduates. The findings imply that the soft skills and basic skills of finance and trade college graduates have immensely improved through educational practice; graduates with high motivation for learning could enhance their soft skills and more internships or club engagement brings stronger professional skills. Based on these results, higher vocational colleges, enterprises, policymakers, teachers, and finance and trade graduates will benefit from the findings related to the reform of educational practice for strengthening graduate employability and human development. The originality of this paper is the conceptual evolution of finance and trade college graduate employability, as well as the empirical analysis on educational practice, student engagement, and family background affecting their human development.

Highlights

  • Economic development has entered a new stage with the upgrading of its quality and efficiency; in particular, the advancement of emerging industries has changed the structure of employment, putting forward new development requirements for human resources

  • The research mainly focused on the employability and career development of finance and trade college graduates

  • Among the valid samples, according to the educational level, vocational college graduates accounted for 23.4%, undergraduates accounted for 62.6%, master graduates took up 13.0%, and the remaining 1.0% was occupied by doctoral graduates

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Summary

Introduction

Economic development has entered a new stage with the upgrading of its quality and efficiency; in particular, the advancement of emerging industries has changed the structure of employment, putting forward new development requirements for human resources. China’s higher vocational education has been in a quality improvement phase since 2003. According to China’s Ministry of Education, as of 2019, there were 1,423 higher vocational colleges, 510,000 full-time teachers (Ministry of Education, 2020a), and 7.58 million undergraduate and college students, of which 3.63 million graduated from higher vocational colleges (Ministry of Education, 2020b). The Annual Report on the Quality of Higher Vocational Education in China 2019, jointly compiled by the Shanghai Institute of Educational Sciences and the MyCOS Institute, has made a deeper improvement in the “five-dimensional quality view,” which contains student development, school strength, development environment, international influence, and social contribution (Higher Technical Vocational Education in China, 2019). Higher vocational education plays an increasingly important role in expanding employment and promoting graduates’ development, but it faces the challenges of tight resources, insufficient reform policies, and urgent requirements of strong social service ability

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