Lack of tool to assess the quality of education and training can lead to mistakes in building educa-tional and training programs. A good educational and training program has to meet employers' re-quirements. Thus, this study aims to assess the quality of education and training program through the ability to apply theory into practice for graduates from the recruiter's point of view in banking and finance sector in Vietnam. The study is conducted by setting up a hypothesis of the relationship between the employer’s satisfaction levels and quality of education and training program, and then using HOLSAT as a qualitative model, the study evaluates the ability of graduates to apply theory into practice. The result of empirical analysis indicates that the ability of graduates to apply theory into practice in banking and finance sector in Vietnam in 2017 did not meet the employers’ needs.

The basic principle of management is to manage resources of the organization effectively and efficiently to achieve the organization’s objectives. The function of management includes: planning, organizing, placing people, directing and controlling different tasks. The four important cases in improving education quality are, first, national policies which covers curriculum, national exam, teach-er’s distribution and recruitment. Second, headmaster’s leadership which covers financial transpar-ency, the ecosystem relationships which run in school between teachers and headmaster, parents with teacher, or teacher with students and all existing educational staffs in educational units. Third, infrastructure which covers facilities and infrastructures associated with class, laboratory, or infor-mational technology and communication. Fourth, fun learning process, innovation and creativity, potential, skill and teacher’s ability. The study provides an empirical view for the relationship be-tween educational learning and leadership management, learning teaching, school climate and overall quality of education in the region of Indonesia. Both CFA and structural equation modelling tech-niques are applied for the causal effects of the selected explanatory variables on quality of education. Findings of the study indicate that educational learning and leadership management, learning teach-ing and school climate influence on quality of education, positively.