A cost-benefit analysis of an international dual degree programme

Abstract

This paper provides a cost benefit analysis of undergraduate and graduate international dual degree programmes, which are relatively new and innovative educational approaches to preparing students to succeed in a contemporary international arena. A comparative model of international educational and experiential systems is offered and examples of two-way and one-way dual degree models are investigated. We conclude that international dual degree models are significantly superior in terms of academic, intellectual and experiential learning; therefore, graduates of these programmes will be better prepared to lead international ventures and serve as global citizens. Dual degree programmes require an institution-wide commitment to succeed in the short and long term. Academic institutions need to be flexible, creative, resourceful and forward thinking in order to successfully adopt and implement dual degree offerings. Most students who choose such programmes are positive risk takers and high achievers. Like any new and innovative initiative, the international dual degree offering has its own learning curve and constraints but offers the potential for a great outcome.