Nexford University has emphasised the need to produce graduates to match up demands of the labour market.
The university’s officials said it would produce graduates that match requirements of the workplace.
Founder and Chief Executive Officer Fadl Al Tarzi said lack of required skills was an impediment for youths in securing good jobs.
He said: “With the rapid advancement of tech, skills are the only barrier between ambitious youths across the world and attractive economic opportunities. Our next-generation university focuses on precisely this. Worldwide, young people are three times more likely than their parents to be out of work. Jobless levels of 25 per cent or more are common in Europe, the Middle East, and Northern Africa. In the Organisation for Economic Co-operation and Development (OECD) countries, more than one in eight of all 15 to 24-year-olds are not in employment, education, or training.
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“Around the world, the International Labour Organisation estimates that 75 million young people are unemployed; including estimates of underemployed youth would potentially triple this number. This represents not just a gigantic pool of untapped talent; it is also a source of social unrest and individual despair.
“At Nexford, skills are the new currency. The university surveyed Fortune 500 companies and analysed millions of job vacancies to create a curriculum that delivers on the skills in highest demand. Nexford’s relevant, online educational model, therefore, addresses the systemic skill-gaps. Its students master the skills they need for day one at work, such as how to present a business strategy…”
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