A micro-credential is a certification of an individual’s discrete learning and achievements. Micro-credentials are often aligned to industry or other professional needs and in some instances, they can be combined to provide credit towards formal qualifications.
The demand for and investment in micro-credentials is increasing across the sector. At Macquarie the commitment to invest in micro-credentials is underpinned by the following strategic aspirations:
- expand reach and markets to improve financial health and competitive position
- deliver professional development that can be verified, portable and credentialled (credit); to satisfy individual PD and industry-specific needs or interests
- expand accessibility and diversity of Macquarie’s product suite through alternative pathways into, through and beyond formal UG/PG study
- enhance Macquarie’s product suite to meet market demand
- strategically respond to the changing nature and demand for study
- improve the quality of Macquarie offerings through enhanced flexibility, portability and pedagogy.
There are a diverse range of citizens who may be interested in completing a micro-credential. These include those seeking to add to their work life capabilities and others seeking to learn more in areas of personal interest or passion. The Micro-credentials Framework seeks to engage with learners across the spectrum from career builders to lifelong learners.
The Micro-credentials Policy sets out the principles and procedures for development, approval, delivery, and quality assurance of the University’s micro-credentials.
This policy was approved by the Academic Senate on 24 November 2020, with a date of commencement from 1 January 2021.
Staff who are interested in developing a Micro-credential or have any further questions regarding Micro-credentials should contact Arda Tezcan, firstname.lastname@example.org in the first instance.