Over 98% of participants from the April 2023 cohort rate their course good or excellent

The Wealth Economy: a Framework for Sustainable Prosperity ‘Beyond GDP’

Enabling decision-makers to develop a rigorous and holistic framework for making effective use of all their resources in a way that embeds sustainability and de-silos decision-making.

CPD Certified 48 hours

This course equals 48 hours of CPD time

  • Duration

    6 weeks

  • Commitment

    6-8 hours per week

  • Price

    US$2,300

  • Study mode

    Tutor guided

  • Certificate of Achievement

    Evidence your learning with a Certificate of Achievement from the University of Cambridge on successful completion.

Discover more about this course from the expert(s) behind it

Course overview

Inclusive wealth embeds long-term sustainability in policy or business decisions, ensuring communities or organisations will be resilient in the face of future disruptions. This balance sheet approach helps decision-makers understand the assets available to their community or organisation, the ways those assets interact with each other, and the influence today’s plans and actions have over the longer term.

Discover how the Wealth Economy framework takes a holistic approach towards the necessary assets or capital needed to generate prosperity. This could range from natural resources and human capital to social connections, know-how and trust. With a focus on practical implementation, and firmly grounded in theory, you will gain a solid understanding of the concepts underpinning this framework. You will also find out how you can develop a baseline set of measures, or an approach to measurement, that is relevant to your organisation or context.

This course equips you as a decision-maker with the ability to construct a comprehensive framework that embeds sustainability in a rigorous and theoretically grounded analysis, providing a robust structure for strategy and policy analysis. You will become empowered to encourage an inclusive decision-making process within your organisation, spotlighting links between assets, to enable the development of holistic strategies.

This course has been created in collaboration with the Bennett Institute for Public Policy at the University of Cambridge.

What will I learn?

By the end of the course you will be able to:

  • explain and apply the Wealth Economy framework to a context relevant to you
  • analyse different measurement and decision-making frameworks and evaluate them against the Wealth Economy framework
  • identify and classify your context’s assets and identify the relationships between them
  • construct a baseline set of measures and indicators relevant to your context
  • plan a learning cycle of appraisal, implementation and evaluation that incorporates the needs of the relevant stakeholders in your context
  • develop a strategic approach for applying the Wealth Economy framework to your context, including plans for implementation.

Who is this course for?

  • strategy directors
  • policy analysts
  • individuals involved in organisations’ social responsibility or environmental, social and governance (ESG) initiatives
  • business and finance leaders who are involved in the process of strategic decision-making.

Course delivery

Our certificated courses reflect the Cambridge experience and values, with low student to tutor ratios and academically rigorous standards. Our learning model is designed to help you advance your skills and specialise in emerging areas that address global challenges. We will help you build your network through an engaging and impactful learning journey that encourages collaboration. Courses are delivered in weekly modules, allowing you to plan your time effectively. The assessment criteria will be presented to you at the start of the course, so you can approach your studies with confidence and motivation, knowing what is expected of you and how to meet those expectations. 

Throughout your online learning experience, you will have access to your course tutor, who will help facilitate your learning and provide you with support and guidance during your studies. You can interact with your tutor through a range of media, such as live sessions, discussion forums, email or canvas messaging. 

Each course includes a balance of:

  • interactive learning and real-world application so you can directly apply what you’re learning to your own context
  • diverse teaching methods to enhance learning outcomes which will be delivered via learning activities such as University of Cambridge academic led videos, quizzes and group work  
  • optional live sessions (1 hour) with University of Cambridge academics and tutors to deepen your understanding of the week's material. These sessions may include an informal Q&A, a short lecture or a breakout activity that builds on the content introduced that week. All sessions are recorded and made available to stream so you can catch up whenever suits you
  • guided critical thinking via our reflective workbook so you can collect, structure and summarise information and your thoughts as you progress through the course. 

What will I get on completion?

Evidence your learning with a Certificate of Achievement from the University of Cambridge on successful completion.

Course dates

Requirements

Level of knowledge

  • ability to manipulate spreadsheets and read data tables
  • interest in sustainability (broadly understood, not only environmental)
  • a level of spoken and written English sufficient to allow you to participate and succeed in the course (we recommend that you have an English Language level equivalent to an IELTS score of 7, as outlined in section 5 of our Terms of Purchase (Opens in a new window)).

Materials & equipment

What our learners are saying

This was the most comprehensive and well thought out courses I have ever done! It pushed my knowledge and ways of thinking to another level! Value added to my business and a baseline of understanding to start creating a framework to map and measure the Social aspects of ESG in relation to our company research.

Leila McKenzie Delis

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