Dec 24, 2012

Vietnam - Colleges asked to cut down on business students

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VietNamNet Bridge – As students continue to flock to business and finance despite the grim job market, Vietnamese Education and Training Minister Pham Vu Luan is calling on colleges and universities to stop enrolling students in these degree programmes next year.

A few years ago, business management and banking and finance were valuable degrees to have. But with the current economic situation and the collapse of many banks, students who specialised in these subjects are having a tough time finding jobs, Luan said at a meeting on managing the country's human resources chaired by Deputy Prime Minister Nguyen Thien Nhan on Tuesday.

By setting high admission targets for subjects like finance, banking, business management and accounting, colleges and universities continue to produce unemployable graduates, Luan said.

The Deputy Prime Minister asked the Education Ministry and Ministry of Labour, Invalids and Social Affairs to make a plan so that human resources training can meet the nation's demand.

Nhan also asked the Ministry of Education and Training to set up a website for Vietnamese graduates studying overseas to find job opportunities at home.

Source: VNS

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