DIFC Academy and EdAid partner to enable world-class digital education
● Partnership between DIFC Academy and EdAid provides a physical co-working, co-study space for students enrolled in world-class online education courses
● Students can apply to over 400 online programmes offered from great nonprofit universities and upon acceptance, receive access to the Future Campus
● DIFC to accelerate the availability and development of the workforce needed to shape the future of finance and support the major industries driving economic growth
● This strategic partnership provides the next generation of talent with the opportunity for employment in major economies globally, regionally and locally
● The Future Campus will be part of the newly launched DIFC Innovation Hub at Gate Avenue
Dubai, UAE, 24 February 2021: As part of the Centre’s vision to develop human capital and the skills needed for the future, the DIFC Academy has partnered with EdAid, the London based FinTech platform dedicated to increasing access to higher education, to launch the Future Campus. The platform will offer online education opportunities to UAE nationals and residents from leading global academic institutions.
The initiative supports the UAE Vision 2021 to build a competitive knowledge-based economy by developing local capabilities driven by sustained investment in education. It will become a catalyst for expanding and deepening Dubai and DIFC’s talent pool, whose acquired knowledge and skills will support the growth of more sustainable, inclusive societies and economies.
The Future Campus will become the fourth initiative at the DIFC Academy, alongside three schools dedicated to Finance, Law and Management. The opening of the Future Campus coincides with the DIFC Academy’s transition into the new state-of-the-art DIFC Innovation Hub at Gate Avenue, the largest innovation ecosystem in the region, supporting early and growth stage start-ups, unicorns and big tech firms to accelerate success and shape the future of finance. The Future Campus will welcome up to 25,000 students a year, offering programmes that focus on acquiring the necessary skills and knowledge to develop a sustainable and innovative future for the global finance industry.
Students will benefit from the Centre’s dynamic and vibrant ecosystem, including a supportive environment to apply to over 400 online degree programmes, practical skills-based training courses, and vocational boot camps and study with a community of peers. All eligible online education opportunities are powered by 2U, Inc., a global leader in education technology, and will include a number of programmes focused on AI, Blockchain Cybersecurity, Software Engineering, Data Analytics and FinTech. DIFC Academy and EdAid will also offer students career guidance, mentoring and networking opportunities, including internship and employment prospects with over 2,500 companies based within DIFC.
Commenting on the announcement, Alya Al Zarouni, Executive Vice President of Operations and Head of DIFC Academy, DIFC Authority said: “DIFC is committed to shaping the future of finance through collaboration, innovation, and technology. The Future Campus will become part of the DIFC Academy and will accelerate the country’s economic growth by developing much-needed local talent. In time, they will lead the transformation of the financial sector, delivering positive impact and sustained growth. Given the breadth of campus’ offering, we will also be able to supply talent that will contribute to a revolution in other industries that will contribute to economic growth in Dubai, the region and major international economies.”
Tom Woolf, Founder & CEO of EdAid said: “Providing affordable access to high-quality online education and driving life-changing outcomes are everything to us at EdAid. Students enrolled in selected online courses will have access to co-working, co-study space within the Future Campus along with access to the DIFC’s comprehensive and vibrant ecosystem.”
About Dubai International Financial Centre
Dubai International Financial Centre (DIFC) is one of the world’s most advanced financial centres, and the leading financial hub for the Middle East, Africa and South Asia (MEASA), which comprises 72 countries with an approximate population of 3 billion and a nominal GDP of USD 7.7 trillion.
With a 16-year track record of facilitating trade and investment flows across the MEASA region, the Centre connects these fast-growing markets with the economies of Asia, Europe and the Americas through Dubai.
DIFC is home to an internationally recognised, independent regulator and a proven judicial system with an English common law framework, as well as the region’s largest financial ecosystem of more than 25,000 professionals working across over 2,500 active registered companies – making up the largest and most diverse pool of industry talent in the region.
The Centre’s vision is to drive the future of finance. Today, it offers one of the region’s most comprehensive FinTech and venture capital environments, including cost-effective licensing solutions, fit-for-purpose regulation, innovative accelerator programmes, and funding for growth-stage start-ups.
Comprising a variety of world-renowned retail and dining venues, a dynamic art and culture scene, residential apartments, hotels and public spaces, DIFC continues to be one of Dubai’s most sought-after business and lifestyle destinations.
For further information, please visit our website: difc.ae, or follow us on Twitter @DIFC.