Returns to investment on tertiary education: the case of non-conventional business and management graduates

This study provides estimates of the private returns of tertiary nonconventional education (NCE) for management graduates in Malaysia. The term 'non-conventional education' used in this research refers to distance learning and part-time management degree program graduates. We evaluate the...

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Main Authors: Loganathan, Nanthakumar, Mohd Noor, Zaleha, Abdul lalil, Suhaila
Format: Conference or Workshop Item
Language:English
Published: 2009
Online Access:http://psasir.upm.edu.my/id/eprint/43940/1/Returns%20to%20investment%20on%20tertiary%20education.pdf
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author Loganathan, Nanthakumar
Mohd Noor, Zaleha
Abdul lalil, Suhaila
author_facet Loganathan, Nanthakumar
Mohd Noor, Zaleha
Abdul lalil, Suhaila
author_sort Loganathan, Nanthakumar
collection UPM
description This study provides estimates of the private returns of tertiary nonconventional education (NCE) for management graduates in Malaysia. The term 'non-conventional education' used in this research refers to distance learning and part-time management degree program graduates. We evaluate the private returns using the basic concept of educational cost and benefit analysis. The data used were derived from alumni dataset from Universiti Putra Malaysia (UPM) and National University of Malaysia (UKM) alumni division. Calculating the private returns of lifetime earnings, we find that the internal rates of return for NCE graduates are similar in both public and private sectors. Nevertheless, the results presented in this study are the first approximation ever of the private rate of returns to NCE in Malaysia, based on surveys on management NCE graduates in the Malaysian labor market. This study also seeks to contribute to the existing knowledge of economic analysis on lifelong learning in Malaysia.
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spelling upm.eprints-439402018-06-13T07:23:37Z http://psasir.upm.edu.my/id/eprint/43940/ Returns to investment on tertiary education: the case of non-conventional business and management graduates Loganathan, Nanthakumar Mohd Noor, Zaleha Abdul lalil, Suhaila This study provides estimates of the private returns of tertiary nonconventional education (NCE) for management graduates in Malaysia. The term 'non-conventional education' used in this research refers to distance learning and part-time management degree program graduates. We evaluate the private returns using the basic concept of educational cost and benefit analysis. The data used were derived from alumni dataset from Universiti Putra Malaysia (UPM) and National University of Malaysia (UKM) alumni division. Calculating the private returns of lifetime earnings, we find that the internal rates of return for NCE graduates are similar in both public and private sectors. Nevertheless, the results presented in this study are the first approximation ever of the private rate of returns to NCE in Malaysia, based on surveys on management NCE graduates in the Malaysian labor market. This study also seeks to contribute to the existing knowledge of economic analysis on lifelong learning in Malaysia. 2009 Conference or Workshop Item PeerReviewed text en http://psasir.upm.edu.my/id/eprint/43940/1/Returns%20to%20investment%20on%20tertiary%20education.pdf Loganathan, Nanthakumar and Mohd Noor, Zaleha and Abdul lalil, Suhaila (2009) Returns to investment on tertiary education: the case of non-conventional business and management graduates. In: International Conference on Educational Research and Practice (ICERP), 10-11 June 2009, Marriot Hotel, Putrajaya. (p. 40).
spellingShingle Loganathan, Nanthakumar
Mohd Noor, Zaleha
Abdul lalil, Suhaila
Returns to investment on tertiary education: the case of non-conventional business and management graduates
title Returns to investment on tertiary education: the case of non-conventional business and management graduates
title_full Returns to investment on tertiary education: the case of non-conventional business and management graduates
title_fullStr Returns to investment on tertiary education: the case of non-conventional business and management graduates
title_full_unstemmed Returns to investment on tertiary education: the case of non-conventional business and management graduates
title_short Returns to investment on tertiary education: the case of non-conventional business and management graduates
title_sort returns to investment on tertiary education the case of non conventional business and management graduates
url http://psasir.upm.edu.my/id/eprint/43940/1/Returns%20to%20investment%20on%20tertiary%20education.pdf
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