The qualifications, which put vocational education on a par with A levels, are backed by a number of large employers, including Siemens, Canon and BAE, and are available for young people to study from September this year.
Hancock said: “Tech Levels ensure young people are prepared to compete in the global jobs market, and give employers a crucial say in what skills they need.
“The previous system had become bloated with qualifications that were of no value.”
The latest Tech Levels come after recent figures have shown many young people leaving education without the skills needed for further employment.
Hancock added: “I believe we need to look again at how the best countries in the world support their young people through the transition from education to work.”
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