3.01 Formal vs Informal Education

Training from an expert.

• Formal

• Informal

Leads to employability (ability to get a job).

• Formal

• Informal

Occurs through social interactions and life experiences.

• Formal

• Informal

Not recognized by employers.

• Formal

• Informal

Recognized with grades and diplomas.

• Formal

• Informal

Can be self-directed or incidental

• Formal

• Informal

Examples: Going to school, college, attending workshops and seminars.

• Formal

• Informal

Examples: Meeting new people, reading, researching on your own.

• Formal

• Informal

Required for many jobs.

• Formal

• Informal

The skills, knowledge, and experiences possessed by an individual

• Social Capital

• Human Capital