RISKS FOR THE CAREER DEVELOPMENT OF THE YOUNG ENGINEERS UNDER THE CONDITIONS OF ECONOMIC STAGNATION: A CASE STUDY FOR THE UNIVERSITY OF RUSE
OGNYAN DINOLOV 1, NICOLAY MIHAILOV 1 1. Department of Electrical Power Engineering, University of Ruse ‘Angel Kanchev’, Studentska 8, Ruse, 7017, Bulgaria
The trends in the number of applicants and of the admission of students in engineering specialties in the University of Ruse, Bulgaria are analyzed in this work. It is found that the admission of students constantly decreases throughout the considered period (2009-2013). The structure of the main sectors of the economy of the North-Central Region of Bulgaria, particularly Ruse District, is reviewed. The largest share is of the sector of the Mechanical Engineering followed by the Chemical Industry sector. The risk of inefficient use of financial and human resources, caused by the economic stagnation, is indicated. S-O, S-T, W-O and W-T strategies for reducing the adverse effect of the economic, social, demographic and other factors are synthesized using SWOT analysis. This will helps politicians, decision makers and managers to overcome the risk for the career development of the young engineers in Ruse region, and in Bulgaria. The obtained results can be used in building, designing and implementing strategies to overcome the investigated problems.