21st Century Private Higher Education in Africa: Improving the Quality of Curriculum Development with Financial Intelligence

Abstract

Improving the quality of curriculum development in private Universities in Africa from time to time is a task that is very essential to achieving effectiveness, efficiency, and relevance in the higher education system. Financial Intelligence is one of the five components of a twenty first century education, the kind of education that actually delivers the financial and wealth building results that people deserve. Unfortunately, a 21st century education is not something that is currently obtainable in the traditional school system in Africa, requiring instead that students go out and seek it on their own. This paper, using the theoretical data method, establishes that without financial intelligence, graduates from African private higher education schools will be forced to follow the road of financial disaster, ruin, and anti-excellence which most people travelled. It explores the world of financial intelligence and finds that financial intelligence has emerged as a best practice and core competency in many organizations leading to improved financial results, increased employee morale, and reduced employee turnover. It therefore recommends that it is absolutely vital to integrate financial intelligence into the curriculum of African Universities to enable students know how to attain financial freedom and have money work for them rather than simply working for money.