What are the global opportunities for RMIT over the next 5 years?
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As competition for INTON intensifies and possible geopolitical developments disrupt international student and research mobility, existing and developing offshore higher education provision may become … See more
As competition for INTON intensifies and possible geopolitical developments disrupt international student and research mobility, existing and developing offshore higher education provision may become increasingly important. This is likely to be accentuated by an increasing trend of localization in education consumption and institutions with pre-existing provision in offshore markets (such as RMIT in Vietnam, Singapore, Hong Kong, and China) are likely to be well placed to take advantage of this trend, in addition to providing local pathway options which facilitate international student mobility. Increasingly, offshore education may not be seen merely as self-sustaining but integral to promoting other vital global activities such as recruitment, research, mobility, and industry engagement.
Although offshore education is likely to become more competitive in light of improved domestic higher education provision in countries such as China and the possibility of a tighter regulatory environment in foreign markets, the post-coronavirus environment may represent an opportunity for institutions to be more locally responsive, think more strategically about long-term contribution and be more operationally dynamic. See less
Chamath P.21 Aug, 2020 Report Report Reply Reply
It is a great point Chamath, and one that has been emerging through our engagement activities. While planning our strategy for the next five years, we must consider our place and purpose in the socie… See more
It is a great point Chamath, and one that has been emerging through our engagement activities. While planning our strategy for the next five years, we must consider our place and purpose in the society and community where we function. The emerging message is we must embed ourselves and play a transformative role. To achieve this, we need to start seeing ourselves as part of the local ecosystems and cultivate a deeper understanding of the local contexts. This can include invest in local communities and co-creating solutions to local and regional challenges. As you say, the geopolitical tensions – including the rise in nationalistic, inward-looking views in recent years underscores the need for us to foster cross-sector collaborations for research and innovation. In a post COVID-19 world, it is more important than ever for governments, industry and academic institutions to join hands in building a road to recovery. As a university with a global network of staff, students and campuses, RMIT is uniquely placed to convene and facilitate these kinds of multi-stakeholder dialogues and partnerships. See less
Layton P.1 Sep, 2020 Report Report
Edited:Greater optimisation of our dual sector advantage in the L&T space – in all directions – VE to HE, HE to VE and concurrent studies – this should be considered as part of any new program design or … See more
Edited:Greater optimisation of our dual sector advantage in the L&T space – in all directions – VE to HE, HE to VE and concurrent studies – this should be considered as part of any new program design or existing program redesign, whether in HE or VE.
The Australian market is likely to have increased training and education demand related to changes in business models and associated practices and due to higher levels of unemployment, this is likely to remain for several years if not the entire five years to 2025.
Industry Based Student Recruitment – Across the globe target staff in specific industries, that align closely with our internationally acknowledged discipline areas and research impact areas, especially where there is immediate need and where it is highly likely that there will be ongoing need in the medium term.
Consolidate in Australia and Asia as the blended (Click and Mortar Educational Experience) L&T provider of choice.
Solution Hub Service – When we put our minds to it we are really good at solving complex problems in an ethical and sustainable way. We should look at doing more of this practical cross-sector and cross-discipline problem solving over the next five years, especially where it relates to our existing areas of research and discipline strength. See less
Marielle v.14 Aug, 2020 Report Report Reply Reply
(i) Clearly that the pandemic made a faster shift to a more digitally-based higher education, or accelerated the trends; (ii) In five years, the value of "Place" for education will change; (… See more
(i) Clearly that the pandemic made a faster shift to a more digitally-based higher education, or accelerated the trends; (ii) In five years, the value of "Place" for education will change; (iii) the pandemic taught us that skills are important to adapt and thrive, and thus teaching students "to live with floods" rather than avoid or prevent would be required more and more; (iv) global universities will have chances to do more applied research with better community engagement to address global challenges; and maybe some restrictions in the internationalization strategies that many universities are now pursuing. See less
Loan D.4 Aug, 2020 Report Report Reply Reply
There are so many opportunities really, these are a few that first sprang to mind:
Firstly, RMIT Vietnam has been such a great success, and gives us an advantage that we can't ignore. Whether … See more
There are so many opportunities really, these are a few that first sprang to mind:
Firstly, RMIT Vietnam has been such a great success, and gives us an advantage that we can't ignore. Whether it is as a destination for students across Asia (who can't afford to, or don't want to study in Australia), or as a centre for research that creates new knowledge for Vietnam and elevates our brand above those around us. Hanoi in particular is an emerging World city that offers so much growth for RMIT and we can offer it a lot in return.
Pathways have always been part of our DNA; I believe pathways across Asia to RMIT is another significant opportunity for the University. As competition for INTON students intensifies, it will become increasingly important to establish connections with students earlier in their journey and in their home country. By providing students with value they can't easily find elsewhere, we earn loyalty which pays us back in the longer term, and ultimately delivers a world class education to our students.
Singapore is another RMIT heartland. Our 33 year history in this modern city gives us the opportunity to build upon our base. Singapore's sophisticated culture and economy will respond to many of our deep specializations. In addition, changing how we teach (including online and in partnership with industry) will be rewarded as it clearly differentiates us in this most competitive of markets.
Lastly India is another clear source of growth for RMIT. The world's largest democracy, a nation that values education, science and entrepreneurship; India must be part of our long term plans. India faces extraordinary challenges as it grows and modernises – RMIT can play a part in helping India on that journey through research, education and industry engagement. I would love to see our engineering school, for instance, leave its mark on India's infrastructure that it so clearly needs. See less
Nick S.4 Aug, 2020 Report Report Reply Reply
Establishing early connections in Vietnam and elsewhere is an important opportunity. In Hanoi our Information and Experience days often have young people from year 9 and 10 attending alongside year 11… See more
Establishing early connections in Vietnam and elsewhere is an important opportunity. In Hanoi our Information and Experience days often have young people from year 9 and 10 attending alongside year 11 and 12's. There has been a strong shift in Vietnam over the past few years to integrated pathways from High School to university – e.g. Vin Schools and Vin University. RMIT with its strong VE background is well placed to develop this opportunity. RMIT already has the existing Urban School model in Melbourne.
Another way to develop these early connections successfully is building relationships by providing PD opportunities for teachers and career counsellors either F2F or through a tailored range of Microcredentials.
Another benefit would be increasing employer appeal by staff, faculty and their families being able to access high quality and affordable education for their dependents. The high fees, USD 25,000 to 30,000 has lead to many workers living separately from their families. See less
Michal T.20 Aug, 2020 Report Report