Higher education

isic code 8530 covers the provision of higher education, which plays a crucial role in the development of a skilled workforce and the advancement of knowledge within a society. This industry encompasses universities, colleges, and other institutions that offer degree-level or equivalent programs, catering to students who have completed secondary education. Higher education institutions are instrumental in shaping the future leaders, innovators, and problem-solvers who will drive economic and social progress.

The core production techniques in the higher education industry involve the delivery of educational content and the facilitation of learning. This includes the development and delivery of curricula, the organization of lectures, seminars, and tutorials, the supervision of research projects, and the assessment of student performance. Higher education institutions also provide access to libraries, laboratories, and other specialized facilities to support the learning process.

The main inputs required for the higher education industry include qualified and experienced teaching staff, educational materials such as textbooks and digital resources, infrastructure like classrooms, laboratories, and campus facilities, as well as funding from various sources, including tuition fees, government grants, and private investments.

The primary output of the higher education industry is the provision of degree-level or equivalent qualifications to students. Graduates from these programs go on to pursue careers in a wide range of industries, including 6910 Legal activities, 6920 Accounting, bookkeeping and auditing activities; tax consultancy, 7120 Technical testing and analysis, and 7410 Specialized design activities, among others. The knowledge and skills acquired through higher education also contribute to the overall intellectual and creative capital of a society.