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Blog entry by Admin Manager

Best Practices for Converting Financial Crime Course into Digital Module
Posted on Feb 11, 2023
Best Practices for Converting Financial Crime Course into Digital Module

The financial sector is constantly evolving and adapting to new regulations and threats. As a result, financial institutions must stay ahead of the curve in terms of their training and education programs to ensure their employees are equipped to detect and prevent financial crimes. One way to do this is by converting traditional, lengthy training programs into shorter, more easily digestible digital modules.

In this article, we'll examine the key considerations for converting a 3-day financial crime course into a 45-minute SCORM-digital module and provide best practices for creating an effective and engaging learning experience.

Understanding Your Audience

The first step in creating an effective digital module is to understand your target audience. 

Who will be taking the course? What is their level of expertise? What are their learning preferences?

By understanding your audience, you can tailor the content and delivery of the course to meet their needs and ensure they retain the information they need to do their jobs effectively.

Identifying the Most Critical Information

With a 3-day course, it can be tempting to include as much information as possible. However, when converting the course to a 45-minute SCORM-digital module, it's important to focus on the most critical information.

To determine what information is most critical, ask yourself: 

What are the most common financial crimes your employees need to detect and prevent? What information do they need to know to do their jobs effectively?

Once you've identified the most critical information, you can focus on delivering that information in a clear and concise manner.

Using Interactive and Engaging Content

One of the biggest challenges of converting a 3-day course into a 45-min SCORM digital module is maintaining engagement. To overcome this challenge, it's important to use interactive and engaging content.

Consider using infographics, videos, and other multimedia elements to break up the text and keep the learner engaged. Interactive activities, such as quizzes and games, can also be used to reinforce the key concepts and ensure learners retain the information.

Providing Bite-Sized Pieces of Information

When delivering information in a digital module-SCORM, it's important to break it down into bite-sized pieces. This makes the information easier to digest and helps learners retain the information.

Consider using subheadings, bullet points, and other formatting techniques to break up the text and make the information more accessible.

Evaluating the Success of Your Digital Module

Once you've created your digital module, it's important to evaluate its success. Were learners able to retain the information? Did they find the module engaging and effective?

Consider using surveys, quizzes, and other evaluations methods to gauge the success of your digital module and make any necessary improvements.

Conclusion

Converting  x-day financial crime course into a SCORM digital module can be a challenge, but by understanding your audience, focusing on the most critical information, using interactive and engaging content, and providing bite-sized pieces of information, you can create a successful and effective learning experience.


  
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