Global Economy Focusing On Skill Based Employment: HEC

Béla Fazekas, Hungary’s ambassador, stressed the importance of investing in skills-based education in addition to degree programs.

Global Economy Focusing On Skill Based Employment: HEC

Béla Fazekas, Hungary’s ambassador, stressed the importance of investing in skills-based education in addition to degree programs. Dr. Ahmed agreed that the global economy is increasingly shifting toward skill-based employment and proposed collaboration between skill-focused universities in Pakistan and Hungary to encourage skill investment.

Béla Fazekas, Hungary’s Ambassador in Islamabad, met with Higher Education Commission (HEC) Chairman Dr Mukhtar Ahmed on Tuesday at the Commission Secretariat.

Several opportunities for bilateral educational cooperation were discussed. Dr. Ahmed acknowledged the long-standing educational partnership between the two countries, including an offering of scholarships to Pakistani nationals since 2016.

The ambassador informed the HEC chairman that the number of scholarships available each year will be increased from 200 to 400 and that the Memorandum of Understanding (MoU) between the two countries will be in effect from 2023 to 2025. The chairman stated unequivocally that the commission would take full advantage of these scholarship opportunities.

The ambassador also stated that Pakistan and Hungary have similar research and development priorities, specifically in agriculture, veterinary sciences, sports sciences, engineering, and technology. He also proposed the establishment of a forum to promote the exchange of best practices between universities in both countries.

Fazekas emphasized that Hungary values its relationship with Pakistan, which is based on shared interests, and that the Pakistan-Hungary Alumni Network was established in the same context.

The network promotes cultural exchange and understanding, which aids in the removal of barriers and the promotion of mutual respect and understanding between the two countries.

Skill-based employment refers to a type of work where the employee is hired based on their specific skills and abilities rather than their qualifications or experience.

In a skill-based hiring process, the employer assesses the candidate’s abilities and potential through tests, assessments, and other methods rather than relying on resumes, interviews, or educational credentials. This type of hiring is becoming increasingly popular as it allows employers to quickly identify and hire individuals who can make an immediate impact on their business.