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Around the world in five
Asia
A shift towards non-recruitment based engagement with Indian schools could be key to better managing student expectations, stakeholders have suggested. Those who have done it well – particularly schools in the US – have created engagement through faculty, immersion trips, experiential learning opportunities, curriculum engagement and alumni, The PIE learned.
North America
British Columbia is Canada's westernmost province, and a leading destination for international students within Canada. On 1 March, the BC Ministry of Post-Secondary Education and Future Skills released details of how the international student cap will be applied within the province's education system.
Europe
A new paper from a group of experts, including three former universities ministers, challenges suggestions that the United Kingdom has too many international students and warns that the government is using out-of-date data to predict the number of overseas students expected to come to the UK for their higher education.
Africa
International educators need to prepare for ‘The Africa Decade’, where enrolment growth rates of African students globally are expected to hit their fastest rates over the next 10 years. Modelling suggested African students will account for one in eight international students by 2050, but visa rejections are seriously hampering efforts to enrol students from across the continent.
Oceania
International students are more open to switching destinations following recent government policy changes in three of the top destinations – Australia, Canada and the UK, with the UK most affected and the USA looking set to benefit, according to a student survey conducted by global higher education-focused agency group IDP Education.
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PIF Recipient: Financial education platform for secondary schools
Founded in 2015, Banqer set out to tackle the global challenge of financial illiteracy. The team knew that school students were missing out on practical and engaging financial education, partly from a lack of curriculum-aligned resources, and partly from time-poor schools and teachers struggling to deliver financial education on top of everything else.
Research shows that 75% of us believe schools aren’t doing enough to combat financial illiteracy, and with financial education widely seen as a ‘circuit breaker’ for intergenerational inequality, something needed to change. That’s where Banqer’s award-winning platform came in. Through an online simulation, Banqer introduces students – from primary school through to secondary – to financial concepts like budgeting, savings, careers, insurance, renting, home ownership and investment.
"We've seen firsthand the engagement and impact that Banqer creates in New Zealand secondary school classes, and are excited to take this to the world with the support of Education New Zealand,' said Kendall Flutey, Co-Founder and CEO of Banqer
A step-change from textbooks or written resources of the past, Banqer helps students learn by doing. Learners explore their own simulative economy where they create fictitious bank accounts, earn income, pay expenses, invest, insure, budget and more.
Banqer is one of the recipients of the International Education Product Innovation Fund – an initiative funded by the New Zealand Government’s Covid Response and Recovery Fund and managed by ENZ, New Zealand’s dedicated agency for international education.
With Banqer’s platform already widely used by schools across New Zealand, the company is looking to scale up its impact and innovation to create financial empowerment for more learners around the world.
Support from the Product Innovation Fund will help the company scale Banqer High (its platform for secondary school learners) across Australia and validate new markets, including in North America. The funding will also help develop Banqer Beyond, a new product which aims to bring Banqer’s financial education to a broader audience beyond schools, which could include workplaces, community settings, or direct to consumers.
Banqer was a natural fit for the Product Innovation Fund, which is supporting seven pilot projects that deliver new, meaningful and unique learning experiences from New Zealand to the world. These pilots reimagine what a New Zealand education experience can look like and mean for global learners.
From New Zealand to the world, Banqer’s technology is setting learners on track for better financial futures. And thanks to the partnership between Banqer and ENZ, the stage is set for this New Zealand-built product to have an even greater impact around the world, delivering financial education and empowerment to learners wherever they are.
More information:
Learn more about Banqer.
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PIF Recipient: Blue Tomorrow
A new online offering from AUT Ventures is set to immerse learners worldwide in one of the greatest challenges – and opportunities – of our times: the blue economy. More importantly, it aims to give learners the confidence to take their next steps towards a rewarding career and an education pathway that builds a more sustainable future for humanity and the ocean.
The blue economy describes marine activities that generate economic value and contribute positively to ecological, cultural and social well-being. ‘Blue Tomorrow’ is an innovative learning experience that will guide learners through the blue economy’s mission, careers and pathways.
Blue Tomorrow is a pilot project developed jointly by AUT Ventures and Education New Zealand Manapou ki te Ao (ENZ), New Zealand’s government agency for international education. Through its International Education Product Innovation Fund, ENZ is supporting a range of pilot projects that reimagine how a New Zealand education can engage and inspire international learners and create impact through new delivery modes, approaches, and partnerships.
Blue Tomorrow was one of the first projects to be supported by the Product Innovation Fund and is a natural fit as innovation is both its cause and career lens. The approach positions New Zealand as a leader and champion for sustainable oceans, inspiring learners into a diverse range of career opportunities and the education pathways to get them there.
So why Blue Tomorrow? Globally, the blue economy is set to double in size by 2030. It is a natural fit with New Zealand’s identity as an island nation and a member of the South Pacific region, whose countries and peoples are intrinsically connected to the ocean. With 96% of its territories underwater, New Zealand has one of the world’s longest coastlines and largest exclusive economic zones, making it a hotspot for marine biodiversity. Aotearoa has the wisdom, obligation, and opportunity to lead the world toward the ocean we want.
To deliver this programme, AUT Ventures is partnering with Moananui, a collaboration of leading private companies, public sector entities, and research institutions, with the goal of transforming Aotearoa New Zealand into a world-leading ecosystem for developing and commercialising blue economy products, services, technology, research, and capability. For Moananui, Blue Tomorrow aligns with its mission to accelerate innovation and investment in Aotearoa’s blue economy to generate unparalleled economic, social, cultural, and ecological value.
AUT Ventures is partnering with Moananui, a collaboration of leading private companies, public sector entities, and research institutions.
Modern learners are searching for a career in service of a cause, but the pathways to enter them are often unclear. Mission-led organisations require talent and leadership with a shared purpose to fill the domestic and global needs of the growing blue economy. Blue Tomorrow flips the traditional model around - purpose first, career second, and helps take care of the pathway puzzle. The online learning experience shows how the blue economy can lead to a financially rewarding career that contributes to shared global challenges and builds a more sustainable global economy.
In today’s climate, there is no shortage of challenges, from over-fishing and biodiversity loss to ocean warming and acidification. The importance of sustainable oceans, and the pressing need for action, are reflected in the UN Ocean Decade and Sustainable Development (SDG) Goal #14 – life below water. But developing the blue economy also presents immense opportunity, including the potential to address other SDGs, including zero hunger (SDG #2), decent work and economic growth (SDG #8), responsible consumption and production (SDG #12), and climate action (SDG #13).
The partnership with Moananui brings together commercial, public, and community partners from New Zealand’s blue economy who have global credibility and unique stories of innovations that are good for the planet to share with learners worldwide. Blue Tomorrow has the potential to become a widely known model for linking the blue economy’s growing demand for talent with respected education offerings from New Zealand providers, building awareness, and enabling action for a more sustainable future for the ocean.
Across four weeks of online learning, Blue Tomorrow will empower learners to find their own place in the blue economy. Unlike some traditional programmes designed to prepare learners for a specific career, sector or discipline, Blue Tomorrow aims to inspire learners around a cause – in this case, the blue economy. Local industry guests accompany learners on the journey that starts with an overview of ocean literacy and the blue economy. They then explore the blue economy sectors and take a deep dive into one (aquaculture in the pilot), where they investigate careers and pathways, including a taste of local learning (Te Pūkenga, NMIT’s sustainable aquaculture programmes in the pilot). The experience wraps up with learners reflecting on their inner development and planning for their next steps in the blue economy.
The blue economy is one of the biggest opportunities on the planet. Blue Tomorrow puts learners at the centre of this new frontier.
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