The University of Waterloo made its name as a Canadian pioneer in co-op education, which enables students to earn while they learn, often in jobs related to their studies.
The germ of the idea to share Waterloo’s expertise and co-op education came from Rodney Coelho, a U of W actuarial science co-op graduate who was working for Manulife Financial in Jakarta in 2015. “Our project will be able to deliver more than that in just over five years and is going to help immensely in achieving the government’s goal,” says READI project director, Jean Lowry.
“They have been asked by their employers to teach the courses, but they don’t have the training,” says Landriault. “So of course they are receptive and want to learn the material.” “Having better predictions will help the insurance industry have a better understanding of how to deal with Indonesia’s bad weather,” he says.
“We are keen to make sure the people don’t use the word ‘co-op’ and turn it into whatever they feel like, undermining quality at home and abroad,” says McRae. So far, two READI-affiliated universities have adopted formal co-op programs; others are expected to follow shortly.
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