According to Coursera's Global Skills Report, there is an urgent need for this country to bridge the current skills gap at a faster rate as it speeds up its digital economy agenda.
The report states that while the country's learners are relatively more adept at digital skills such as cloud computing and data analysis, there is a significant skills gap across three areas:
In a nutshell, the report considers Malaysia as competitive with 57% proficiency, ranking fourth in Southeast Asia and 46th worldwide. The country lags behind its ASEAN neighbours, such as:
Vietnam (#20), and
However, Malaysia is also ahead of the Philippines (#69) and Thailand (#76).
Malaysia ranked 46 in the global rank. Click the image for the full size.
The research aims to present actionable insights to governments, the workforce, and industry leaders about the newest skill trends and their relationship with economic growth and resiliency.
The study draws on performance data from over 77 million learners on the platform to benchmark skills proficiency in business, technology and data science for over 100 nations.
Coursera managing director for India and Apac, Raghav Gupta, said that learners should invest in both soft and technical skills to get ready for the jobs of the future.
The report examines these trends in Malaysia:
Cutting-edge proficiency in cloud computing and data analysis
Cloud computing and data analysis have emerged as crucial skills for digital transformation. Malaysian learners showcased top skill proficiency at 91% and 79%, respectively, showing a growing pocket of highly-skilled technical professionals.
Good start with emerging technologies
Even though proficiency in machine learning (ML) is at 50%, more Malaysian learners opt for online learning to arm themselves with the skills of the future. The top trending skills for Malaysia learners are:
Room for improvement across digital skills
Globally, Malaysia scored #48 in technology, #51 in data science and #52 in business.
At 56% proficiency in technology, the country lags behind Singapore (96%), Vietnam (88%) and Indonesia (78%).
The data science also tracked a similar index with 52% proficiency, placing Malaysia ahead of Indonesia (46%), Thailand (46%) and the Philippines (44%).
Critical skills including mathematics, software engineering and programming scored less than 50% in the study's benchmark, despite the nationwide drive to encourage a new generation of STEM talent.
More about Coursera's Global Skills Report
For the first time, the report reveals the time and skills needed to prepare for entry-level jobs. It is based on the performance data of millions of Coursera learners worldwide.
Recent graduates and mid-career changes can develop entry-level, digital job skills in just 35 to 70 hours, approximately one to two months, with ten learning hours per week.
However, a person without a degree or technology experience can be job-ready in 80 to 240 hours, or two to six months with ten learning hours per week.
Most transferable skills
The most transferable skills across all future jobs are:
Raghave also said that the report shows that the skills required for high-demand entry-level jobs can be developed in months and not years.
As of June 30, 2021, Coursera has over 411,000 learners in Malaysia, and it is growing at 45% year on year.
Source: The Sun Daily
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