Industry 4.0 talent skills, demand versus supply: case study at the Rey Juan Carlos University, Spain

Abstract

The main objective of this study is to identify the degree of concordance between competences demanded by Industry 4.0 and the competences that the Universidad Rey Juan Carlos (Madrid, Spain) includes in its training itineraries for the degree of business administration and management. The evolution of Industry 4.0 jobs and skills has increased the interest of both researchers and firm managers. A review of the scientific literature is performed along with a review of the university’s internal documents. The results reveal divergences between the skills demanded by the Industry 4.0 and the skills acquired by students during their university careers. It is concluded that study programs require profound changes to incorporate specific technical, methodological, and personal competences that are essential in the current Industry 4.0 environment.