Promoting the future of innovative higher education through thousands of master’s programmes STEM, interdisciplinary and business programmes in a changing labour market

Fehér, Katalin and Géring, Zsuzsanna and Király, Gábor (2022) Promoting the future of innovative higher education through thousands of master’s programmes STEM, interdisciplinary and business programmes in a changing labour market. SOCIETY AND ECONOMY, 44 (1). pp. 46-64. ISSN 1588-9726

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Abstract

This paper discusses how leading innovative universities and their master’s programmes reflect rapidly changing social-economic technological trends. The increasing focus on the STEM subjects, the changing profile of business and MBA programmes, and the ratio of interdisciplinarity provide insights into the development of future-oriented higher education. In the scope of this study, 2,708 master’s programmes were surveyed globally based on their online representation, and 1,750 training programmes from this list were analysed in terms of employability rankings. According to our findings, Western Europe offers the largest number of master’s programmes. STEM studies are overrepresented at the top innovative univer- sities, and interdisciplinary studies account for fifteen percent of the programmes. Additionally, business studies with interdisciplinary programmes were identified in a higher proportion as compared to business- only studies. The findings signal the labour market’s preferences toward future-oriented, personalised and responsive knowledge. The present study contributes to future education through a global analysis, and supports the strategy creation of higher education institutions (HEIs). Therefore, this article is especially informative to representatives, policy makers or researchers at future-oriented HEIs.

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