With that in the backdrop, many science and engineering students primarily seek only to obtain a paper qualification that indicates some quantitative training and at the same time gives them, as a safety net, license to apply for a technology job. What this causes is a lack of interest in coursework and eventual lack of knowledge retained after graduation. As a result of this, many engineering graduates lack the confidence or ability to do engineering. Most of those who do take up technology-related jobs take on sales roles or roles that previously would have been done by non-graduate technicians. It might be said that the real supply of engineers in the labor market has fallen.
In the financial industry, many science and engineering graduates take on sales jobs and work on basic quantitative analysis. Most do not even know how to properly price a financial derivative and end up selling products that they themselves do not understand. (Insurance policies are in essence financial derivatives too.)
In fact, I have even met “scholars”, including those who studied overseas at great public expense, who cannot satisfactorily describe what they did in their final year projects not 5 years ago. Can one reasonably forget work that one recently spent a year or half a year on? If “scholars” who are, as a population, more effective learners starting to see university as a four-year paid vacation, this hints at a larger problem in new and upcoming members of the workforce.
- http://newasiarepublic.com/?p=34437
In the financial industry, many science and engineering graduates take on sales jobs and work on basic quantitative analysis. Most do not even know how to properly price a financial derivative and end up selling products that they themselves do not understand. (Insurance policies are in essence financial derivatives too.)
In fact, I have even met “scholars”, including those who studied overseas at great public expense, who cannot satisfactorily describe what they did in their final year projects not 5 years ago. Can one reasonably forget work that one recently spent a year or half a year on? If “scholars” who are, as a population, more effective learners starting to see university as a four-year paid vacation, this hints at a larger problem in new and upcoming members of the workforce.
- http://newasiarepublic.com/?p=34437