As the dark clouds of recession continue to hover menacingly over the global economy, the academic principle of learning for learning's sake has become less relevant as people look for more practical skills.
Students are turning to courses that offer them the skills to get a job or to stave off redundancy as companies look to cut labour costs during the slowdown.
Hong Kong's universities are responding to this trend by providing more skill-oriented programmes, many of which are subsidised by the government's Continuing Education Fund.
The University of Hong Kong's school of professional and continuing education (HKU Space) established its centre for international degree programmes (CIDP) in 2003 to provide full-time, top-up degrees from world-renowned universities. These provide opportunities for graduates of associate degrees and higher diploma programmes to further their studies at degree level in Hong Kong.
The centre has more than 1,000 full-time students studying top-up degrees in collaboration with six Australian and British universities, including the University of London and the University of Western Australia.
'These two universities are ranked in the world's top 100, according to the Times Higher Education Supplement 2008,' said Ken Wong, associate head of CIDP.