Discover 2 opportunities in tertiary education

How does a University create value? Can it be priced, monetized or measured by the products delivered by the University? For whom does the University create value? Susana Borras suggests that the main way to produce value is research1.  Moreover Robert Thornton mentions2 that a university can be run as a market institution, but ultimately the aim of tertiary education is the production and sharing of knowledge.

According to a recent OECD report on studying abroad, in 2012 more than 4.5 million students were enrolled in tertiary education outside their country of citizenship1. Pursuing higher-level education in a foreign country represents a superb opportunity for students not only to expand their knowledge in their discipline of interest but also to gain insight into other cultures, societies and languages. An international graduate has higher prospects in the labor market than a domestic student; moreover, as Michelle Obama mentioned in March 2014, companies have begun to realize the benefit that a study abroad experience can give to their employees: they are able to speak different languages, they have a sensitivity for people and they are more compassionate2.