Competences acquisition of university students: Do they match job market's needs?

Abstract

Purpose: This paper aims at analyzing the skills and competences acquired by students during their university studies, in order to identify the extent to which they fit into society's labor market demands. Design/methodology/approach: We use data from a survey for firm supervisors corresponding to practices in the Faculty of Economics and Business for the course 2013-14. We analyze the achievement of basic and specific competences and other training project skills, distinguishing by degrees. Findings: Companies find some lacks in the ability to manage time properly, in being versatile, in the communication skills, the ability to work as a team and specially in having an entrepreneurial view. At the university level, this requires training processes more oriented towards experimentation and problem solving. Research limitations/implications: The database used refers only to one Faculty of the University of Barcelona. It would be interesting to collect more data and extend the results to a more general context. Practical implications: It might be interesting both for firms and universities to move closer to one another in a cooperative way. More programs are needed to further enhance the employability of graduates and encourage the mobility of teachers in order for them to spend some time performing their research directly at a firm. Originality/value: This paper explores the immediate and direct relationship established between the university and the labor market through the training period students make during the final stages of their studies.