EXPLORATORY FACTORS ANALYSIS OF EXPECTATIONS FOR THE BACHELOR OF ECONOMICS PROGRAM

Abstract

Learning is a fundamental basis for success. Contemporary learners possess greater autonomy and influence in selecting courses that align with their future requirements. To enhance the quality of the Bachelor of Economics program, it is essential to examine stakeholder expectations regarding it. This research aims to 1) study the expectations of the Bachelor of Economics program and 2) analyze the exploratory components of these expectations through 200 questionnaires and Exploratory Factor Analysis (EFA) using the R program, focusing on the outcomes of the expectation variable structure. We discovered that we can divide the components of expectations into four areas: 1) Knowledge 2) Skills 3) Ethics, and 4) Personal Characteristics. The curriculum can utilize this data to assess the viability of enhancing the Bachelor of Economics degree and to establish degree Learning Outcomes (PLOs) aimed at increasing the quality of curriculum development.