The Money Show’s Bruce Whitfield interviewed Dion Chang, founder of Flux Trends.
Chang argued that the university degree is dead.
He gave the following five reasons for saying so:
In terms of scarcity; degrees have become more common, therefore less valuable in economic terms.
Degrees cost more today, but are worth less. The debt repayments versus future income simply don’t add up.
Modern businesses don’t consider degrees essential anymore (last year accountancy firm EY announced in London that it will no longer consider degree or A-level results when assessing potential employees).
The new HR mantra of “hire for attitude and retrain for skills” (this puts into question the link between tertiary education and what the changing job market requires).
- The growing divide between “legacy companies” and new, agile “responsive companies”. Legacy HR models tend to value “managers” – people with graduate degrees from prestigious business schools. In a “responsive company” the emphasis on people is all about making and learning. "Makers” are people who have skills - as opposed to credentials. They think by doing: experimenting, testing, and learning.
Listen to the interview below for more detail.
The Money Show’s Bruce Whitfield interviews Alexander Forbes Investments Executive Chief Economist Lesiba Mothata.
Bruce Whitfield interviews Daniel Rubenstein, Co-Founder at MyTreasury – a tool that finds the best interest rate for you.
The Money Show’s Bruce Whitfield interviews Pattison about his attitude to money (hopes and fears, successes and failures, etc.)
The Money Show’s Bruce Whitfield interviews Raiz Corp CEO Allon Raiz who reviews “The E-Myth Revisited” by Michael E. Gerber.
The Money Show’s Bruce Whitfield interviews Vestact Asset Management Portfolio Manager Michael Treherne.
Meet fashion icon Dion Chang, one of South Africa’s most celebrated trend analysts, and learn where our brave new world is headed.
Sassa says text messages making the rounds asking beneficiaries to come and renew their Sassa cards is a hoax.
Favourites to feed your soul on Sunday.
Mashaba is also on a mission to identify owners of buildings in the city centre that he says are harbouring criminals.
ANC branch in the Eastern Cape, Z.R Mahabana, has launched a campaign backing Lindiwe Sisuslu as an ANC presidential candidate.
"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.
After 3 years there are 3 Nic Harry stores (incl online) that sell 100 000 pairs of socks in over 20 countries around the world.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?