Are Graduates as good as they think? – A study of overconfidence in numerical skills among British graduates and its impact on employability

Hack-polay, Dieu (2018) Are Graduates as good as they think? – A study of overconfidence in numerical skills among British graduates and its impact on employability. In: EURAM Conference 2018, 19-22 June 2018, Reykyvik, Iceland.

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Are Graduates as good as they think? – A study of overconfidence in numerical skills among British graduates and its impact on employability
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Item Type:Conference or Workshop contribution (Presentation)
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Abstract

The experiment tested overconfidence in number skills among graduates and non-graduates. The data was collected on a residential management training programme for part-time professional students; half had a degree and half didn’t. The research aimed to test whether graduate professionals, due to higher qualifications, overstated their numerical abilities compared to non-graduates. The experiment, conducted using E-prime, showed a significant interaction between the level of qualification and overstatement of numerical abilities. The results support the hypotheses and showed that graduate professionals rated themselves higher than their actual abilities. The performance of graduates in the numerical test wasn’t consistent with their confidence estimates. The findings are significant for rethinking higher education curricula which are currently under pressure to align with the needs of the economy. We advocate more inclusive and interpretive research for greater understanding of the issues to offer useful data to policymakers and higher education institutions in preparing graduates for work and decision-making. A critical contribution of this study is to have actually tested the numerical abilities of graduates and not relied exclusively on employer feedback to draw conclusions, thus providing some hard evidence.

Keywords:Graduates, Employability, Numeracy skills, Overconfidence
Subjects:X Education > X342 Academic studies in Higher Education
N Business and Administrative studies > N600 Human Resource Management
N Business and Administrative studies > N200 Management studies
Divisions:Lincoln International Business School
ID Code:32184
Deposited On:20 Oct 2018 20:57

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