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Program aims and rationale

Our Business is not to Graduate MSc and PhD Students in Socioeconomic Studies only, but rather bring Graduates that Eliminate Poverty and its Spillovers Globally.

Aims

The purpose of this postgraduate master's program is to create experts in the field of resilience economy, socioeconomic problem solving, and community tolerance development. Besides, this program targets to create multidisciplinary resilient thinkers, which can spot opportunities ahead of others and create more independent, resilient communities.

Resilience economy (RE), which was developed to solve socioeconomic problems by Dr Mohamed Buheji, is different from the classical resilience economy that is known to be used in banking and financial institutions. The resilience economy in SIAS is meant to solve the deep crisis, and sudden challenges and absorb risk to the communities. Hence, it is beyond just measuring the solvency of a banking sector or a government. Here in SIAS it is used to optimize the use of the currency of adaptation and resilience, to raise the capacity to “absorb shocks, repercussions, and sudden rebounds of any economic-social shocks.” Thus, it is “knowing what, how, and when to deal with societal-economic problems, absorbing their repercussions, and transforming their risks into opportunities. Therefore, RE offers another approach that helps the smooth evolution of the socio-economies in turbulent times with the least resources and with minimal loss (if any).

This program is unique, since it would produce graduates that competent to be: Resilience Engineers, Resilience Leaders, Socio-Economy Experts, Change Facilitators, Problem Solvers, Social Innovators and similar titles that are highly needed by all the communities in the world for the sake of mitigating the risk of issue or creating development.

Rationale

This extensive program shows a good connection with the reality of the business world and ensures the best interaction between students, lecturers, and professionals in a spirit of participative learning and teamwork. The case studies and deep dialogue techniques would be up-to-date, which shall help to develop new insights for business owners and future economy leaders. The program graduates would not only be expected to have high employability possibilities, but even be a source for creating socio-economy influencers.

The program would address the great shortage in experts relevant to the United Nations Sustain Development Goals (UN-SDGs) Experts, especially in issues such as poverty, youth, unemployment, migration, women, child labour, families’ instabilities, etc.

The case studies and the deep dialogue embedded in the program modules will be up-to-date and will help the students to develop new insights for social business and to be future socioeconomic leaders. Not only are program graduates expected to have high employment potential, but to be in any or all the new fields of the economy such as sharing-economy, collaborative-economy, behavioural-economy and Resilience-economy. All these economies have great influences on the socio-economic development, especially in developing countries.