Business Acumen for International Educators

NEW!!! Business Acumen for International Educators is a comprehensive program that equips participants with essential financial and operational skills crucial for success in today's complex international educational landscape. This certificate program empowers international educators to optimize institutional funding models, cultivate diverse revenue streams, navigate decision-making processes, cultivate strategic partnerships, and manage contracts effectively. Throughout the program, participants will learn to leverage AI tools to enhance their impact across all these areas. Designed for professionals seeking to enhance their operational effectiveness, this interactive workshop provides practical strategies and tools that participants can immediately apply to develop new initiatives, advocate for funding with confidence, and advance their international education programs with fiscal responsibility.

Through practical scenarios, expert insights, and interactive activities, this program prepares international educators to contribute more effectively to their institution's sustainable financial health and operational success.

Workshop Objectives

• Apply strategic financial management principles to leverage institutional funding models, cultivate divers revenue streams and be able to access critical financial information within their institution's structure to develop sustainable international education initiatives.
• Navigate institutional decision-making processes to advocate effectively for resources and support.
• Cultivate strategic relationships with campus and external partners to strengthen collaboration, communication, and resource sharing.
• Demonstrate understanding of contract management processes, including development, negotiation, approval procedures, and ongoing oversight to ensure effective partnerships and compliance with institutional requirements.
• Use AI to effectively enable your business acumen prowess.

Audience

All international education practitioners who want to elevate their business acumen and relationship cultivation skills and knowledge

Workshop Agenda

Foundations of Strategic Financial Management

• Overview of business acumen
• Core principles of fiscal management
• Funding models
• Operational budget essentials
• Operational revenue
• Strategies for managing budgets
• AI for financial management      

Institutional Structures and Contract Management 

• Unit structures
• Contract development process
• Contract management and oversight principles
• Key stakeholders in contract management
• AI for contract management

Cultivating Strategic Relationships

• What makes a relationship strategic
• Understanding third party partnerships and motivations
• Partner constraints
• Communication strategies with partners
• AI for relationship cultivation

Putting It All Together

• Scenario application
• Putting business acumen skills into practice