Today, 57% of Excelsior graduates report career advancement or a pay increase within one year of graduation.
Explore BCG’s Future Skills Architect tool to gauge the skills mismatch in your country’s labor supply, understand its root causes, and identify the policy measures that can erase the mismatch by promoting reskilling and lifelong learning among workers.
Even before the COVID-19 pandemic erupted, data showed that one in three people in the OECD countries was working in an occupation completely unrelated to his or her field of study—and not by choice.
BCG’s Future Skills Architect, an evidence-based tool, enables public sector and business leaders to uncover the skills mismatch in their labor supply. It also allows them to explore the policy measures already being used by some countries to solve the problems in reskilling, lifelong learning, and learning programs.
Through the Future Skills Architect, BCG offers:
This tool assesses seven building blocks related to the capabilities, motivation, and opportunities of a nation’s labor supply. Countries’ assessment scores for these dimensions are captured on the second tab of the interactive above:
Today, 57% of Excelsior graduates report career advancement or a pay increase within one year of graduation.
Among graduates, 82%, on average, earn more than those with only a high school diploma.
Excelsior is making education more affordable through its “$10,000 degree initiative,” which permits students to use independent study and earn their degree for no more than $10,000.
Countries must strive to achieve human-capital development that serves the economies of tomorrow.