Andrew Levy, co-founder of Umuzi and African Coding Network, challenges conventional wisdom on the importance of a university education in this sensational episode.
In a previous episode Warren Ingram discussed ways to save for a further education for your children whether that means a university education or something else. Traditionally university was the first choice for many people because a degree was meant to unlock a great career and start you on a path to high earnings. This is all changing as artificial intelligence adjusts the nature of jobs and companies are looking for very specific skills.
Andrew strongly advocates for the development of so-called “soft skills” such as passion, grit, determination. His important advice for parents is to allow your child to explore their own interests, and encourage their curiosity. Pay attention to what excites them.
There are advantages to getting a university education, such as networking opportunities, and being exposed to people from different backgrounds and ways of thinking. Some career paths also require a degree, such as an accountant or doctor. Academia is an important component of society but isn't the only choice facing newly graduated high school students.
Umuzi offers an alternative to higher education: a 12-month, paid training programme, that’s demand-driven, project based, Agile, and human-centred. Today, over 83% of Umuzi graduates are currently employed in high value jobs.
We also briefly touch on the role online courses, and remote learning, play in further education.
Resources mentioned by Andrew in the show:
Disclaimer: Old Mutual Life Assurance Company (South Africa) Limited is a Licensed Financial Service Provider. This material is not intended as and does not constitute financial advice or any other advice and is neither exhaustive nor prescriptive. It does not take into account your personal financial circumstances. Your financial adviser will assess your financial situation and needs and assist you to draw up a plan to help you achieve your financial goals. The views expressed by the contributor are his or her own (as an independently registered financial services provider, financial adviser or other independent capacity), and not necessarily endorsed by Old Mutual (as a separate financial services provider).
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