Emerging from its business planning retreats is the ambitious stretch goal to monetise the University’s global reputation into sustainable revenue, with an annual net revenue generation target of US$50 million set, to be divided among the five campuses and the Vice-Chancellery. The objective of this entrepreneurial engagement is to confront and remove the University’s institutional operational deficit.
A major pillar in this strategy is the roll out of a Global Online Campus initiative, using existing capabilities within the Open Campus system to upgrade to a next-generation digital institution.
As noted by Vice-Chancellor Beckles, “The UWI is determined to be aggressively entrepreneurial in securing its financial future as a top class university, and will be going to the regional and global online academic markets with its excellent courses and programmes. This moment is the first in its history of strategic planning that the institution is focused collectively and exclusively on its financial condition with a view to transformation and sustainability.”
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The University of the West Indies
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