Affiliation:
1. Walailak University, Thailand
Abstract
From its onset, education has had an integral role in transforming society to become what it is. In fact, developments in society, especially in terms of human capital, have resulted from the nature of education its members have received. In the past two decades, owing to several factors, society has seen a stark transformation in economics and commerce. A major part of this development has offset the sync between education and practice, such that the earlier has fallen behind the latter. The question of institutions producing employable graduates is on the rise as educational institutions fall back in their ability to do so. Harnessing developments and latest advances in technology to carve out efficient human capital could give education a surviving chance.