Factors Affecting Work Readiness of Economics Graduates in Digital Age: An Empirical Study in Vietnam

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Phuong Thi Lan Nguyen, Thu Ba Hoang, Nguyen Thi Thuy Chung, Ha Dinh Thi, Nguyen Thi Thuy Hanh, Nguyen Bich Hong, Lan Thi Bich Tran, Loan Thi To Pham

Abstract

The article aims at identifying factors affecting the work readiness of economics graduates in the digital age, focusing on the perspective of employees. To realize this objective, based on literature review, a research model has been proposed with 6 hypotheses and tested via the use of Stata 17 and the participation of 450 economics graduates. The research findings indicate 4 factors with significant impacts on the work readiness of economics students, including Digital literacy, Identity Capital, Psychological Capital and Human capital, of which Digital literacy has the strongest impact and Human capital has the lowest impact; the other 2 factors, Social capital and Cultural capital, do not significantly impact the work readiness of economics students in the current digital context. Based on these findings, some implications and proposals have been made to students, educational institutions, businesses as well as policy makers so as to improve the work readiness of graduates.

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