1. Gagik Vardanyan Doctor of Sciences, Professor Vice-Rector for Science and International Relations of ASUE

2. Why Phd? For what?

3.  1st  Creativity Through Research Skills Development  2nd  Additional Element or Competitive Advantage for Career  3rd  Something else …more specific for Armenia…  Achievement of These Goals is Ensured via UMC

4. UMC UMC including 3 rd cycle is important in synergetic relationships with  government and  business (the “triple helix”) which considered to be the ideal driver of knowledge-based economies and societies.

5. UMC “Triple helix” Government MarketHEI Tri-lateral networks

6. UMC IN ASUE GovernmentMarketASUE (HEI) Creation of Legal Regulations Framework Demand for Qualified PhD holders Cooperation whith private sector University support the Phd students to meet the needs of an labour market PhD Programs FundingStimulation of Scientific Achievements Input in Practical Activity PhD Programs Funding Throgh involving Phd students in internal Research projects State Privileges to PhD students Employees Creativity Motivation Ensuring professional career development opportunities Support in PhD students Mobility As early stage researchers, Phd students participate in interuniversity research projects on finantial bases Labor Guarantees Provision

7. Total number of PhD students in ASUE: 145

8. UMC PROBLEMS IN ASUE Private sector doesn’t present demand yet for high level professionals with research skills. The reason is The small part of so called “new economy” or knowledge- based economy in Armenia Therefore low level of innovations, competitiveness in internal market and low export potential

9. CONCLUSION Generaly, ASUE’s Phd alumni hasn't difficulties in labour market: all of them during study in MBA, they work in private companies or government bodies Some of them enter the labour market by ASUE recommendation and support But it is not so enough for to day and not enough for “tomorrow” ASUE can do much better in supporting their doctoral candidates when they enter the labour market. Career prospects are no reason for alarm, but we have to find out what the labour market position in future

10. THANK YOU FOR YOUR ATTENTION! GAGIK VARDANYAN VICE-RECTOR OF ARMENIAN STATE UNIEVRSITY OF ECONOMICS e-mail: g.vardanyan@asue.am