Vocational Education enables greater job readiness

Pathways Vocational Education enables greater job readiness

The latest research from NCVER reveals that VET qualifications enable graduates to be more job ready compared to higher education qualifications.

VET and higher education pathways – do outcomes differ for the same occupation?

NCVER examined the employment outcomes of individuals with VET qualifications and those with higher education qualifications to evaluate if they are doing the same tasks and have the same salary and career pathways.

Findings show that due to their technical nature, VET qualifications enable new graduates to ‘hit the ground running’ when entering occupations compared to higher education qualifications.

Australia’s vocational education and training (VET) sector continues to deliver excellent results and outcomes for its students not only within the credit industry but the economy at large.

Benefits of undertaking a qualification in the VET sector

When compared with employment outcomes for university graduates, VET continues to produce superior results, and has proven itself to be a more flexible, accessible and adaptable platform for educating and skilling Australians. Importantly, given the rising cost of formal education, VET is also a more cost-effective training option for both businesses and individuals to obtain a formal nationally recognised qualification.

Ensuring individuals and employers get the highest return on investment in education and training. Understanding the return on investment (ROI) in education and training helps individuals, enterprises and governments to determine changes in the employability of workers following training or to provide a measure of productivity improvements within firms.

“Employers and industry are integral to a quality VET system. Registered training organisations (RTOs) are responsible for systematically monitoring, evaluating and continually improving their training products with the help of industry and employers.”

VET graduates secure employment opportunities and find work

Statistics from the report outlined that studying with registered training organisations providers like AICM increase the chances of securing employment after completing their qualification. While only 67% of university students find work after graduating, nearly 80% of VET students secure employment. This is because AICM focus on providing practical skills that are required within the workplace and specialise in credit Industry focused units. ➤