Manama, Mar. 8 (BNA): The Bahrain Institute of Banking and Finance (BIBF) announced the launch of a university campus in the Metaverse area.
This digital platform will provide a comprehensive and immersive learning experience for students and professionals in the financial and business sectors.
In addition, it will serve as a “one-stop-shop” where students, faculty, and alumni can collaborate, generate new ideas, and foster innovation.
Designed and developed entirely by Bahraini talents, this initiative made BIBF the first educational institute in Bahrain to launch its campus into a metaverse.
The BIBF Metaverse Institute will be launched in two phases, as the first phase is currently being implemented with a focus on establishing the institute’s infrastructure along with certain facilities, while the second phase will launch the auditorium and classrooms where live sessions will take place.
The BIBF Metaverse is a virtual representation of a BIBF building that allows users to interact with each other in a simulated environment.
Users can attend events, collaborate on projects, and participate in interactive learning activities, including videos and tutorials.
The metaverse offers immersive learning spaces, AR capabilities, and digital media labs to students of various degrees and certifications. It is also a networking and professional development tool that allows users to network with peers and industry experts, attend virtual conferences and events, and gain skills for success in the banking and financial industry.
“By making use of the latest technology, the BIBF provides students and professionals with an advanced learning experience that will prepare them for the challenges and opportunities of the future.” The director of the institute, Dr. Ahmed Al-Sheikh, said.
“Learning through technology is a core part of the BIBF Institute’s vision, with a clear focus on using both VR and the metaverse to enhance and diversify education and training through relational and immersive experiences. Technology will engage students in a new and unique format, providing an opportunity to access Live virtual classroom with other students from around the world.”
BIBF Chief Operating Officer Ahmed Naimi said that the launch of the BIBF Metaverse Institute is a significant milestone for the business sector in Bahrain.
“We believe this innovative platform will revolutionize the way we teach and learn in the business industry, particularly in the banking and financial fields,” he said.
“I strongly believe that interaction plays a vital role in the learning process. The way you interact with your fellow students can greatly enhance learning outcomes. While video conferencing tools may provide a two-dimensional screen experience, leveraging virtual reality can create a more immersive sense of presence , which makes you feel as if you are physically present.”
Rial