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Evolution of Higher Education Opportunities for the Global Executive By Nick Hutton Chief Executive Officer U21Global.

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Presentation on theme: "Evolution of Higher Education Opportunities for the Global Executive By Nick Hutton Chief Executive Officer U21Global."— Presentation transcript:

1 Evolution of Higher Education Opportunities for the Global Executive By Nick Hutton Chief Executive Officer U21Global

2 Asia’s Growth Forecast – 2008/2009 Asia Pacific excludes Japan, Australia & New Zealand Source: World Bank

3 Malaysia Economic Forecast – 2006/7/8 Source: Dow Jones

4 The Emerging Needs of Asian Economies/Companies Increasingly, companies are seeking managers who have: international perspectives cultural awareness higher management training soft skills the ability to work in cross-cultural settings and in groups

5 MBA Salaries by Region (US$)

6 MBA Salaries in Asia: Excluding India & China (US$)

7 The Asia’s Skills Crisis Financial Time (2008) “ Multinational Corporations may be compelled to pay western-level salaries in the next five years ” The Economist (2008) “ Indian army faces a shortage of 11,000 officers (almost a quarter of its requirements) ”

8 What are the Causes of the Asia’s Skills Crisis Demand increased demand for new goods and services due to increase wealth increase in demand for skilled labour to provide those goods and services Supply traditional educational system not ready for this emerging need education system produces less than the required skilled manager thereby deepening the skills crisis

9 Consequences of the Skills Crisis Long term effects Reduce productivity Reduce efficiency Stagnation of business growth and investment plans Short term effects High staff turnover Wage inflation

10 Top Business Concerns in China, Southeast Asia and India  Shortage of qualified staff & wage inflations are one of the main concerns across the region. China Southeast Asia India

11 Staff shortages as a constraint for China, Southeast Asia and India. India Southeast Asia China  Huge concerns on shortage of staff in Senior / Middle Managers & Specialist roles across the region.

12 Online Higher Education May Be The Solution The U21Global Experience We believe that everyone has the ability to lead and we can train aspiring leaders to enhance their ability to: strategise and formulate plans for continuous growth understand and solve complex problems effectively and efficiently understand the challenges of the global economy and how to take advantage of them harness and manage individual and group talent

13 Universitas 21 Network of 21 Outstanding Global Universities Americas: - McGill University - University of British Columbia - University of Virginia - Tecnologico de Monterrey Europe: - Lund University - University of Birmingham - University of Edinburgh - University of Glasgow - University of Nottingham - University College, Dublin Asia: - Fudan University - Korea University - National University of Singapore - Shanghai Jiao Tong University - University of Hong Kong - University of Delhi - Waseda University Australasia: - University of Auckland - University of Melbourne - University of New South Wales - University of Queensland

14 The Benefits of Online Education Learning at your own time, place and pace Ability to study wherever your business takes you Remain employed while pursuing your higher education Apply skills learnt online to your work immediately Environmentally aware mode of study

15 How Do We Achieve Deep Learning? International Learning Communities Collaboration Tools Expertly-Developed Online Courseware Rich Online Learning Resources

16 Applying What You Have Learnt Authentic Problem- Driven Learning Authentic Problem- Driven Learning Real-world Assessment & Knowledge Creation Close Mentorship by International Professors Close Mentorship by International Professors

17 Global Recognition IT & Telecommunications Finance Services EnergyF&B, Hospitality Conglomerates Professional Associations

18 Future of Online Education The main drivers for the future of online education: Emerging/evolving internet technologies Emerging/evolving communication technologies Advancements in courseware design Teaching methodology Economic growth

19 Thank you! To find out more about U21Global, please visit us at: www.u21global.edu.sg


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