World-Leading Project Connects Universities in Indiana and Wales

World-Leading Project Connects Universities in Indiana and Wales

The CPA Center of Excellence® launched a world leading transatlantic academic project Monday in partnership with Indiana Wesleyan University and the University of Wales Trinity Saint David. The partnership provides business students at both universities with a new competitive advantage when it comes to employability skills the same skills reported in the World Economic Forum’s 2016 “Future of Jobs Report” to be most in demand by employers.

This project, if successful, will be the first known international partnership to report on the benchmarking of employability skills, allowing IWU DeVoe Division of Business and UWTSD students the advantage of being among the most prepared graduates entering the modern workforce a value that aligns with the core mission of the CPA Center of Excellence®, to be the leading competency-focused, collaborative network.

“We (UWTSD) are thrilled to be working with the CPA Center of Excellence® and Indiana Wesleyan and are committed to building international partnerships with leading edge institutions such as these two,” said Maggie Inman, Ph.D., head of the Business School at UWTSD.

More than 100 juniors and seniors at the DeVoe Division of Business at IWU’s main campus in Marion, Ind. were present for the CPA Center of Excellence’s introduction to its online Insight Toolkit customized for students. Their majors include accounting and finance, business, marketing, management and entrepreneurship.

Insight uses the concept of anonymized 360degree feedback, which means that a variety of people who have familiarity with the student will assess the student’s skills to provide a comprehensive, well rounded analysis of their skill set. The version that IWU and UWTSD is using was customized to student needs across all business majors.

“Employers say young people don’t have certain skills like critical thinking or leadership. This is your opportunity to demonstrate to them that you are aware of your skill set and that you have a plan to enhance those skills,” said IWU’s Associate Professor of Business Kent Williams, CPA, CGMA, while addressing the students in attendance.

A recent article in The Wall Street Journal confirmed Williams’ notion. The article cited two surveys one from LinkedIn and another by The Wall Street Journal itself. The LinkedIn study found that nearly 60 percent of hiring managers say the lack of employability skills is hurting their company’s productivity. The Wall Street Journal study showed that almost 90 percent of executives said it was difficult to find people with those skills, while more than 90 percent said employability skills are equally as important or more important than technical skills.

For more information on this project, click here: IWU and INCPAS

 

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