How to use state demand data to launch or revitalize programs
Plus, access employer demand data for your state
May 6, 2024
By Cara Gasperoni
When designing new academic programs, faculty and institutional leaders often fall back on the familiar: develop a specialization in my research area, add a prestigious terminal degree in our field, and see what our peers have been developing. In conversations to improve existing programs, the path is similar—or concludes that, if just given additional resources, a program could be more successful. These stagnant approaches can lead to developing programs that are misaligned with student needs and market demand.
Each year, our Professional & Adult Education Forum analyzes statewide employer demand data. This informs state demand profiles with the top requested skills, employers with greatest demand, and most frequently posted occupations for each state. Beyond the data, the state demand profiles offer discussion questions and guidance for how to use the data and insight into select data points where numbers alone do not tell the whole story.
Read on for three ways to leverage employer demand data in program decision-making—and don’t forget to check out the demand profile for your state.
1. Leverage labor intelligence to identify and motivate employer partners
Labor market intel allows universities to approach prospective employer partners with a more granular understanding of potential training and educational needs. Employer partners can offer:
- Insight into nuanced needs via program advisory boards
- Access to high-potential audiences in need of education
- Opportunities for current students’ experiential learning and alumni employment
2. Reposition and scale existing programs
Refreshing existing programs can help maximize investments already made in programs with the potential to grow. For example, ensure your programs are conferring the skills employers seek most, like project management. While project management skills are often requested in directly aligned occupations such as Project Management Specialists, these skills are increasingly requested within other occupations such as Software Developers, Construction Managers, and Medical and Health Services Managers. Common job titles seeking project management skills include Business Analysts, Construction Project Managers, and IT Project Managers.
To improve your programs, consider adding project management courses or concentrations into programs. Below are concentration/certificate ideas based on degree topic:
- STEM: IT Project Management, Biotechnology Project Management, Health Care Project Management, Engineering Project Management
- Business: Marketing Management, MBA with a Project Management Concentration, Non-Profit Management
- Liberal Arts: Arts Management
3. Generate new program ideas aligned to students’ motivations and employers’ needs
Employer demand can also ignite ideas for new offerings. Once discussions have identified gaps between employers’ needs and available offerings, explore what programming could teach those valuable skills and prepare students to enter those hot jobs.
A closer look at job postings from Capital One
- Capital One is among the top national employers.
- Top skills Capital One requested in 2023 from bachelor’s- and master’s-level professionals nationwide included software engineering, full stack development, and programming languages.
- Once discussions have identified gaps between employers’ needs and available offerings, explore what programming could teach these and other in-demand skills to prepare students to enter the workforce.
- Demand for fintech positions, including technical positions as well as more traditional financial positions (e.g., Financial Managers, Financial Analysts), grew 3.5 times faster than all national job postings in 2021. This growth in demand is also reflected in the top in-demand skills across the United States in 2023 (i.e., Accounting, Finance, Computer Science, and Data Analysis).
- What new technology and finance credentials should we offer to stay current with the market?
- Software development and programming skills are in-demand but we’re not teaching programming languages in our programs. Could we utilize resources from existing and adjacent programs to build in-demand skills into course offerings?
By using data, leaders of graduate, online, professional, and other adult-serving programs can spark more productive discussions and ultimately achieve more successful launches and robust portfolio development.