Knowledge Requirements Monitoring System: Advantages for Industry and University

Nowadays, graduates have a wide range of opportunities when they are thinking about their further education and it is difficult to choose whether it would be better to go one way or another. One of the most important drivers for the final decision is whether the study program chosen can lead to a good and interesting job in the future. That means that Universities have to reflect the answer to this question in the description of the study programs, but in order to do this they have to know what the main requirements from the Industry are. This paper, building upon the previous research showing that a knowledge requirements monitoring system and the processes behind it can improve the quality of study programs, focuses on application of the monitoring system for extracting and representing industrial requirements using skill frameworks and direct and indirect course and topic rating systems.