The strategy focuses on advancing knowledge and nurturing diverse, employable graduates in the Master of Commerce in Economics program. It includes enhancing the curriculum by aligning it with current economic trends and incorporating real-world case studies. For example, integrating guest lectures from industry leaders and holding regular industry feedback sessions ensures course content remains relevant and practical for students. This approach not only boosts student engagement through technology-enhanced learning tools but also incorporates ethical considerations and interdisciplinary modules.
Fostering innovative thinking is another aspect of the strategy, involving innovation challenges, hackathons, economic innovation labs, and encouraging student participation in economics competitions. For instance, organizing hackathons on economic issues allows students to develop problem-solving skills while mentors from the industry guide them. Collaborative projects integrated into coursework further stimulate creative solutions and prepare students for real-world challenges, supported by access to the latest research databases.
Promoting diversity and employability completes the strategy with initiatives like diversity scholarships and personalized career coaching. Networking events with alumni and partnerships with diverse organizations ensure a broader range of applicants feel supported. By incorporating multicultural perspectives and encouraging study-abroad programs, students gain wider cultural understanding, enhancing their employability and societal contributions.
The strategies
⛳️ Strategy 1: Enhance curriculum relevance
- Conduct regular industry feedback sessions to align curriculum with current economic trends
- Integrate real-world case studies into course content
- Partner with industry leaders for guest lectures and workshops
- Conduct annual curriculum reviews with academic and industry experts
- Implement technology-enhanced learning tools for better student engagement
- Introduce practical labs and simulation exercises
- Develop interdisciplinary modules that blend economics with technology
- Incorporate ethical considerations in economics syllabi
- Work with alumni to validate the applicability of the curriculum in real-world settings
- Evaluate employment outcomes of graduates to inform curriculum adjustments
⛳️ Strategy 2: Foster innovative thinking and skills
- Create innovation challenges and hackathons focused on economic issues
- Establish an economic innovation lab for student projects
- Encourage student participation in national and international economics competitions
- Offer workshops on critical thinking and problem-solving skills
- Invite entrepreneurs to share experiences and insights in the field of economics
- Develop mentorship programmes with successful innovators in the industry
- Incorporate collaborative projects into coursework to stimulate creative solutions
- Provide access to the latest industry-relevant economic research databases
- Include innovation in capstone project requirements
- Offer training sessions on emerging economic tools and technologies
⛳️ Strategy 3: Promote diversity and employability
- Launch a diversity scholarship program to encourage a wider range of applicants
- Organise diversity-awareness workshops and events
- Implement personalised career coaching and mentoring opportunities
- Develop partnerships with diverse organisations for internships and job placements
- Facilitate networking events with alumni from varied backgrounds
- Incorporate multicultural perspectives into the economics curriculum
- Create a support network for underrepresented groups in economics
- Encourage study-abroad programs to widen cultural understanding
- Publish annual employment rates and achievements of diverse graduates
- Survey employers to assess diversity and employability components of the programme
Bringing accountability to your strategy
It's one thing to have a plan, it's another to stick to it. We hope that the examples above will help you get started with your own strategy, but we also know that it's easy to get lost in the day-to-day effort.
That's why we built Tability: to help you track your progress, keep your team aligned, and make sure you're always moving in the right direction.
Give it a try and see how it can help you bring accountability to your strategy.
