" The system of education lags behind what is urgently required because it is still focused on narrow specialization. This, among other issues, is contributing to the current crisis in the education industry."
Ruben VARDANYAN is an Armenian-Russian social entrepreneur, impact investor and philanthropist. He serves on advisory boards of the International Finance Corporation and Brazil's Fundacao Dom Cabral business school. He is also a board member of many companies and NGOs, including Ameriabank and SOLLERS. A prominent financier, Ruben is known both for his commercial projects, such as Troika Dialog investment bank, and his philanthropic endeavors, including Eastern Europe's first UWC college in Dilijan, Armenia and the world's longest cableway to an ancient monastery (the Tatev Revival Project).
Together with partners, Ruben and his family have invested some $500 million U.S. dollars in projects in Armenia, developing a commercial approach to finding solutions for social problems. Ruben and partners have also raised over $500 million for SKOLKOVO, Russia's first private business school. In 2015, Ruben co-founded the Aurora Humanitarian Initiative, a global initiative established on behalf of survivors of the Armenian Genocide and in gratitude to their saviors.
Ruben also spends a significant amount of time on developing Russia's charity infrastructure through PHILIN (Philanthropy Infrastructure) and works on issues related to wealth curation and succession through Phoenix Advisors. He also chairs the judging committee for PwC's Business Book of the Year in Russia award.
" It is clear that global education cannot adequately respond to the challenges that arise from the diversity and the complexity of this new age. We need to stop imposing outdated educational methods on younger generations, who think in a fundamentally different way."
" The current educational system is designed primarily for 15-30 year olds. However, life expectancy has increased everywhere, so in the coming years there will inevitably be an increase in demand for older workers. People will make every effort to stay in the labour market as long as possible. Since requirements for professional competencies are constantly changing, they will need to make learning a life-long activity."