Postgraduate on International Finance Management 2nd Edition Tell me something and I’ll forget it, show me something and I’ll remember it but make me do it make me do it and i will learn and i will learn it it
Postgraduate on International Finance Management2nd Edition
Tell me something and I’ll forget it,
show me something and I’ll
remember it but make me do it make me do it and i will learn itand i will learn it
•1st Edition Experience•2nd Edition Goals•Programme•Model•Planned approach
Index
• The creation of an INTERNATIONAL online training initiative from the IALU, through an existing and highly successful programme, which is affordable and available in a number of languages making it suitable for a great number of people and countries. Versions will be available in Spanish and in English, provided that the minimum number of participants is reached.
• The promotion of an innovative and effective learning methodology in line with the “know-how” approach which characterizes our institution, converting this into common teaching approach for the whole IALU community which inlcudes teachers, students and society at large.
• A strengthening of the inter-university ties in the IALU community, with the aim of:• Training teachers in both a colloborative and international online learning community.• Participation as mentors once the programme is under way.• Complementing the programmes offered by participating centres with an online
programme which provides differential value: the first edition of the International Program in Finance Management of IALU.
• A WIN-WIN SITUATION! The implementation of a sustainable and feasible business model which provides all participating centres with profits depending on their level of participation and effort.
Objectives1st Edition Experience
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Results1st Edition Experience
• The participating universities:- Andorra (La Salle Open University)- Bolivia (ULS La Paz)- Brasil (Unilasalle Canoas)- España (LS Barcelona)- México (ULSA Cuernavaca)- México (ULSA Pachuca)
- Nicaragua (Universidad Tecnológica La Salle)- Perú (ULS Arequipa)
• Totally, 34 students:
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Results1st Edition Experience
• Total number of trained mentors and mentors per centre: Bolivia (ULS La Paz): 2 Brasil (Unilasalle Canoas): 1 España (LS Barcelona): 1 México (ULSA Cuernavaca): 1 México (ULSA Pachuca): 2 Nicaragua (Universidad Tecnológica La Salle): 1 Perú (ULS Arequipa): 2
• Number of mentors teaching on the program and number per centre: Andorra (La Salle Open University): 1 Bolivia (ULS La Paz): 2 México (ULSA Pachuca): 1
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Diploma1st Edition Experience
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Evaluation1st Edition Experience
Values: scale of 1 (min.) to 5 (max.)
“This experience has made me both a better professional and a better person. I have improved my understanding and learned to take into consideration the different points of view of my colleagues. Professionally speaking, I have been able to put into practice financial aspects of business which have to be considered”.
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Evaluation1st Edition Reflections
“The team is the soul of the course, as is the team meeting, which is when one really notices how the sum of individual contributions makes the final product”.
“The need to come up with more than one alternative when trying to resolve a problem and the development of research techniques and data analysis are essential elements in the resolution of real cases”.
• Consolidate the INTERNATIONAL online training initiative, with the aim of expanding to more members of the IALU, and students.
• Make separate invitations in Spanish and English, provided that the minimum number of participants is reached.
• By extending the length of the course to 4.5 months, we have guaranteed a more effective learning process and a higher return on the participants’ investment.
• Continue promoting an innovative and effective learning methodology in line with the “know-how” approach which characterizes our institution, converting this into common teaching approach for the whole IALU community which inlcudes teachers, students and society at large.
• A strengthening of the inter-university ties in the IALU community, with the aim of:• Training teachers in both a colloborative and international online learning community.• Participation as mentors once the programme is under way.• Complementing the programmes offered by participating centres with an online
programme which provides differential value: the first edition of the International Program in Finance Management of IALU.
• A WIN-WIN SITUATION! The implementation of a sustainable and feasible business model which provides all participating centres with profits depending on their level of participation and effort.
2nd Edition Goals
What does Internationality mean?
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1st Edition Experience
Internationality index
•A class with all teachers and students from the same nationality• Internationality = 0
•A class with all teachers and students from different nationalities• Internationality = 1
What does Internationality mean?
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1st Edition Experience
International teams1st Edition Experience
Working model
UOLS Centres
Innovative and Lasalian online methodologyTraining of professors-mentorsInternational and collaborative prorgamme
New and pioneering programmeOnline and international programmeProfessors – MentorsRecognized brand in its market
Technological platformContents and activities
Head professorProgramme coordinationCoordination of mentors
EnrolmentIssues of degree certificates
University degreeGlobal positioning
1st Edition Experience
• Postgraduate in International Finance Management with academic recognition of 20 ECTS (European Credit Transfer and Accumulation System) credits from the EHEA (European Higher Education Area).
• Aimed at: • Businessmen, employers, managers, project managers, entrepreneurs and independent
professionals interested in improving their knowledge and skills in the financial area.• University graduates who want to improve their knowledge in the area of finance and to
enhance their professional profile and/or their employability.
• Inter-university diploma from La Salle Open University (UOLS) and all the IALU schools and universities that have participated in the project.
Programme
Programme
• Datasheed• Format: 100% Online• Duration: 3.5 months• Credits: 20 ECTS = 500 hours real work (less if previous
knowledge)• Synchronous Activities: Internet Video-conferencing
• Price• Countries with high GDP: 1.500 € • Countries with medium GDP: 900 € • Countries with low GDP: 600 €
• Based on the UOLS programme:
http://lasalleopenuniversity.org/pdf/files/new/folleto-direccionfinanciera2013.pdf
ProgrammeInformation
• Languages. Course offered in:• Spanish with part of course contents in English • English 100%, provided that the minimum number of participants is reached.
• Diploma. – On completion of the training, the UOLS will send the degree certificates and
academic record of the students to each University, which will then redistribute the documents to their respective students.
– Whenever a new centre joins the project, they have to facilitate:o The name of their Rector, her/his digital signature, the digital name of the
University as it appears on the degree diplomas.o The address and the contact person of the University who will receive the
diplomas on completion of the training program. Each University is responsible for issuing and sending the diplomas of its students.
o The Management and the contact person of the University who is responsible for all the academic and administrative procedures which concern both the personal information of the students and payment matters.
Programme
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Information
Programme
• Experiential learning-by-doing methodology. Natural learning; in the same way that we learn in companies, based on real working models and on mentoring. Methodology focused on developing skills.
• The participants take the leading role in a business situation in which they have to overcome challenges and make targets as if they were working to meet the real objectives of a project or position. It is a highly motivating scenario in which the students see how important it is to acquire knowledge and to correctly apply it in order to carry out the tasks which they are set. Students are pro-active and gain the confidence and professional experience in the specific functions of the scenario created.
Value-added
Programme
• Mentors and not professors. The mentor is a facilitator. He is the fictious boss who manages the team and makes sure that objectives are met. He teaches through the Socratic method and provides feedback.
• Constant interaction. Each team has a weekly video-conference board meeting with the mentor and the rest of the class. There is also participation via a debate forum and email.
• Group-work carried out in small, multi-disciplinary, multi-cultural and multi-national teams. A simulation of a real work environment is created in which the students work in teams and not individually. Thus transversal skills are developed which foment teamwork, communication, leadership, critical thinking, presentation skills, effective use of ICTs, etc.
Value-added
• Continuous assessment and no exams. Students are assessed according to the objectives reached in both individual and team performance (work presented for each task) just as in everyday life.
• Timetable flexibility. Students have the online support of the virtual campus with step-by-step guides and learning resources which cater for the learning needs of students according to their experience, knowledge and availablity. The mentor provides additional support according to the needs of the class, the teams or the individuals.
• Scope and International character. The scenarios have been designed by international experts, recreating business situations of vaying size of both national and international scope, in different business sectors and in which entrepreneurship, ICTs and services are of great importance. The fact that students come from a wide range of professions and from different cultural and professional backgrounds enriches the international networking among participlants and provides the programme with a value-added differential factor.
ProgrammeValue-added
Financial model
UOLS, IALU?Schools and Universities
100%
3 sale prices by country
-35%(- cost mentor)
100%
• Decision on enrolment feeA discount of 60% on the total amount of the program (600€) will be offered to students who come from countries with a gross domestic product of less than $12.000. A discount of 40% (900€) will be offered to students who come from countries with a GDP of less than $20.000. The price of the postgraduate will be 1.500 € for countries with a GDP of more tan.
• GDP of up to $12.000 $ = 600€ • GDP from $8.000 to $20.000 $ = 900€ • GDP greater than $15.000 $ = 1.500€
The data on the GDP and the purchasing power parity (PPP) is represented in international dollars.Source: http://www.bancomundial.org
Financial model
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• Promotion– Obligatory measures
• Each unviersity must include the program in its range of programs and advertise it on their website.
• Alumni must be informed of the program• Printing of posters and leaflets.
– Suggested measures• Advertising on social networks.• Mailing campaigns.• Advertising banners.• Online advertising (Google Adwords).• Media advertising (radio, press).• Visits to associations of professionals and similar
profiles.
• Contents. UOLS will provide all content and the online platform (Campus Virtual).
Financial model
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Faculty– Each University will be able to (optionally) recommend
a professor to teach and/or be a mentor on this program.
– UOLS will train faculty on an online course carried out before the start of the program.
– Faculty salaries will be based on the GDP. (Josep Maria / Javier)
Invoicing– Each centre will be in charge of paying its faculty.– UOLS will send out an invoice for 100% of the fees
students enrolled on the course, but will subtract 35% to cover promotional costs and the payment of the teachers.
– UOLS will send this invoice out 15 days after the start of the course and it must be paid withing 30 days.
Financial model
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Planned Approach
Decision Launch6 July
DecisionOpening
14 December
• Objective: incorporate as many IALU university centres as possible
• Dates: until 3 July 2015.
• Actions: interested centres should inform us of their participation in the project stating the language they would like to offer the course in (Spanish or English). They should also provide an estimate of the number of students they expect to enrol on this course according to the course fees of their country.
• Decision: by 6 July the number of participating centres registered to offer the course and the initial estimates of participants will deterine the feasibility of the Project.
Planned Approach1st phase: Adhesion to the project
• Objective: to enrol as many students as possible
• Dates: from 31 August and until the start of the course in 11 January 2016.
• Actions: each centre will follow its own marketing plan to attract students on the programme. UOLS will provide support by offering information and electronic marketing and sales material.
– Information leaflet– Promotional posters – Mailing on the product– Mailing about the informative sessions.– Sales pitch– Enrollment documentaion.– Diploma.
• Cost: each centre will cover its own costs.
Planned Approach2nd phase: Promotion and commercialisation
• Objective: To train professors from the different participating centres in the methodology and to act as lasallian profesor-mentors on the course once it is up and running.
• Dates: as from 14 September to 30 October 2015. Groups will be formed according to the language requirements.
• Cost: the training costs will be shared among participating centres. The estimated costs for this training is [300€-500€, 400$-700$] per professor.
• Comments: professors trained in this phase may then become leaders in teaching change and innovation, in both learning-by-doing experiential methodologies (scenario centered curriculum) and in online training.
Planned Approach3rd phase: Faculty training (optional)
• Objective: there will be two independent teaching programmes, one in English and one in Spanish.
• Dates: from 11 January and until 26 May 2016.
• Actions: UOLS will provide the technological platform for the study, the programme, the material, the virtual communication tools, the general coordination of the course, a head professoer and the coordination of the mentors. Each centre will provide the professor-mentors trained in phase.
• Cost: the professor-mentor fees of the centre will be paid by UOLS.
If there are enough centres interested in joining the Project and enough students interested in taking the Postgraduate, a specific program will be scheduled for both the training of the mentors and the teaching of the academic program itself.
Planned Approach4th phase: Start of Programme
Postgraduate on International Finance Management2nd Edition
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