Economic Impact of Melbourne Polytechnic Students

Running head: ECONOMIC IMPACT OF MELBOURNE POLYTECHNIC STUDENTS
Economic Impact of Melbourne Polytechnic Students
Name of the Student
Name of the University
Author Note

ECONOMIC IMPACT OF MELBOURNE POLYTECHNIC STUDENTS
1
Table of Contents
Literature Review..........................................................................................................................3
Evolvement of commercialized education structure to enhance job market.......................3
Effective role of the students.....................................................................................................3
Role of increasing financial assistance.....................................................................................4
Strong connection with the industries......................................................................................5
Effective strategic plans of the institution...............................................................................5
References.......................................................................................................................................7

ECONOMIC IMPACT OF MELBOURNE POLYTECHNIC STUDENTS
2
Literature Review
The Victorian economy is able to achieve a great success during the last couple of years.
The strong economic progress reflects the significant role the university students. In this context,
the role of Melbourne Polytechnic students is worth to be mentioned. Several studies have been
developed with the aim of finding the relationship between the economic development and
education system of Melbourne Polytechnic. In the following section, this paper strives to
delineate some important features of all those studies.
Evolvement of commercialized education structure to enhance job market
Melbourne Polytechnic has been aimed at developing commercially oriented higher
education system. . The major objective of this university is to acquire students and enhance their
skills as per the industrial requirements. At present situation, the work force is majorly affected
by automation. This university has developed some innovative and dynamic study frameworks in
order to meet the fresh and emerging requirements of the labor force. The newly developed
structure commits to provide an original solution with the purpose of developing a diversified
workforce. However, amalgamation of the needs of students, communities and industry is a
complex task (Beckert and Dewey 2017). The university authority needs to play a balanced role
in order to enhance the optimum output of the Victorian economy.
Effective role of the students
The prolonged success of this university makes attractive for the foreign students. A
growing number of international students are reported to get enrolled every year in this
university. The inclusive training provided by the university is considered as a key success of