“One of the challenges surrounding microcredentials concerns monetisation,” said Lisa Cary, dean of learning and teaching innovation at Charles Sturt University in Australia. “It’s not simply a case of slicing existing courses into smaller chunks.” Microcredentials created through industry partnerships could ensure that university courses are fit to bridge the skills gap plaguing economies across the globe. “For some time, industry has been lacking in terms of engagement with academia,” explained Steven Worrall, regional managing director at Microsoft Australia and New Zealand. “Today, with the size of many skills gaps, industry is realising that it must act as a joint partner with universities in the creation of microcredentials.” “I sometimes wonder if we ask the question from an outdated point of view,” said Alwyn Louw, vice-chancellor of Torrens University in Australia. “In 20 years’ time, universities are likely to be substantially different from how they are today. There is likely to be a new culture and a new perspective in the higher education space – and microcredentials will establish new partnerships with industry.”
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