How to get your return on investment from TVET?
A practical guide, to understand the return of investment for Technical and Vocational Education and Training (TVET) has been published by UNESCO-UNEVOC.
Fast-pace changes in the world of work will create future challenges, and create a world full of competing demands. There is a need to develop the knowledge, skills and competencies required to meet professional and societal demands.
Reaching the demands of the society creates a lot of pressure on funding and financing for TVET Systems, therefore calls have been made on providing more evidence on the return on investment (ROI) from TVET).
The guide, which has been launched by UNESCO-UNEVOC and the National Centre for Vocational Education and Research (NCVER), Australia, targets ministry officials, institutional representatives and researchers:
- To understand what is meant by the ROI and identify some of the social and economic indicators that could be used;
- To identify the main obstacles to measure the ROI, including the availability of data
To read more on the publication, please click here.
If you would like to access the publication directly, please click here.