It will focus on upskilling, reskilling, executive education, and early-career engagement through a combination of short courses, executive education, employer‑driven microcredentials, and links to its academic partners.

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Research from FinTech Scotland, the third partner in the FRIL initiative, has found that only 21% of Scottish fintechs feel equipped with the right digital skills for the future.

“Informed by Scotland’s expertise in financial services and shaped by industry demands, the academy will provide challenge-led skills and leadership development aligned to productivity, innovation and growth,” Strathclyde vice-chancellor Stephen McArthur said.

“This is an ambitious project that is unique in the higher education sector in the UK, and I have no doubt that it will support the wider economic ambitions of the city, Scotland and beyond.”

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Available on a 24/7 virtual platform, the academy will also bring in industry professionals to co‑create content, deliver guest lectures, and take part in knowledge‑exchange events.

“The FRIL skills academy demonstrates our commitment to working closely with industry, co-creating engaging and practical learning, and fulfilling our ambition as a civic institution to contribute positively to economic resilience, innovation and societal good,” said Graeme Roy, head of the University of Glasgow‘s Adam Smith Business School.

“Universities have a vital role to play in supporting lifelong learning – providing opportunities for upskilling and reskilling that enable people and organisations to thrive in a rapidly changing world. I would like to thank colleagues at our university and our partner institutions, as well as our industry collaborators, whose commitment, expertise and shared vision have made this possible.”