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In today's rapidly changing world, it's more important than ever to have the skills and knowledge to keep up with the demands of the job market. Microcredentials are a great way to reskill, upskill, and new skill quickly and easily, and they can lead to better pay and career opportunities.
The Key to Reskilling, Upskilling, and New-skilling
for
Better Pay and Career Opportunities!
Microcredentials are bite-sized programmes designed with a specific learning path that is focused on a specific skill set or body of knowledge. They may be stand-alone courses or a small-part of an accredited programme. It enables the mastery of a specific skill or set of skills at your own pace in a mainly online environment.
Some Microcredential programs are designed to be stacked towards an end award, such as a Certificate, Diploma, Degree, Master and even a PhD. This means that you can earn multiple Microcredentials and then apply them towards a larger credential.
Microcredentials are important because they allow you to learn the skills that you (or your employers) need most., exactly at the time when it is required. So it is an avenue to learn what you want, when you want. They're also a great way to stay ahead of the curve in your field and make yourself more marketable to potential employers by having additional skillsets. According to a report by McKinsey, "Microcredentials" are a critical part of the future of work." The report found that "demand for Microcredentials is expected to grow by five times in the next five years."
A study by the Georgetown University Centre on Education and the Workforce found that workers with Microcredentials earn an average of 10% more than those without them. The study also found that workers with Microcredentials are more likely to be promoted and are less likely to be retrenched/ unemployed.
A study by the Malaysian Employers Federation (MEF) found that 70% of employers in Malaysia are willing to hire employees with Microcredentials. The study also found that employees with Microcredentials earn an average of 10% more than those without them.
In addition, the Malaysian government is offering incentives to employers who hire and train employees with Microcredentials. For example, the government is offering a subsidy of up to RM1,000 per employee for employers who train their employees in Microcredentials.
Microcredentials is for you if you are:
Microcredentials can help unemployed or underemployed people to reskill or upskill and get back into the workforce.
Microcredentials can help people who want to change careers to learn the skills they need for their new career.
Microcredentials can help people who want to advance their careers to learn the skills they need to move into more senior positions.
Microcredentials can help employers to train their employees in the skills they need to stay ahead of the curve.
Microcredentials can help recent graduates to learn the additional skills need to get a job in their field.
Microcredentials can help mid-career professionals to upskill and advance their careers by getting promoted to higher level positions.
Microcredentials can help self-employed people to learn the skills they need to grow and diversify their businesses.
Microcredentials can help people to learn the skills they need to work in emerging industries, such as artificial intelligence and data science.
Stackable programs are educational pathways that allow learners to earn a series of credentials, starting with shorter-term certificates and progressing to longer-term diplomas and degrees. These programs are designed to be flexible and modular, so that learners can build their skills and knowledge at their own pace and in a way that is relevant to their career goals.
Sarah graduated with a degree in mathematics, but she wanted to pursue a career in data science. She knew that she needed to learn some additional skills, so she decided to take a Microcredential course in data analysis.
Sarah's Microcredential course taught her the basics of data analysis, including data cleaning, data visualization, and statistical analysis. She also learned how to use popular data analysis tools such as Python and R.After completing her Microcredential course, Sarah applied for a job as a data analyst at a technology company. She was able to impress the interviewer with her skills and knowledge, and she was offered the job.
Sarah is now working as a data analyst at a technology company, and she is loving her job. She is grateful for the microcredential course that helped her to learn the skills she needed to pursue her career goals.
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