we enable the capability for universities, corporations and OPM providers to migrate advanced courses and trainings utilizing competency based, applied and experiential learning, online
PROVIDENCE, R.I. (PRWEB)
January 21, 2018
The online program management (OPM) movement is going through a transformation. OPM providers, such as 2U and Pearson, emerged about a decade ago to help schools develop and migrate programs online. A university will typically enter a 7 to 10-year all-inclusive contract with an OPM provider, and in exchange for service, OPM providers receive anywhere from 30 to 80 percent of each student’s tuition within the said program. (Lieberman, 2017) Although this is still the most common practice, fee-for-service options are becoming more attractive to universities.
Fee-for-service contracts are typically more affordable, agile, and flexible, and give the universities more control. The University of Pittsburgh decided to partner with an OPM provider in order to move their health care programs online. (Lieberman, 2017) The university went with a fee-for-service contract, because they didn’t want to also hand over control of marketing and enrollment expansion to the OPM provider, which is what the all-inclusive contract required. (Lieberman, 2017) Cedarville University in Ohio took a similar approach because they felt the all-inclusive contract was out of their budget. (Lieberman, 2017)
Volute, an international EdTech company that specializes in curating thought leaders’ ideas as online tools for experiential learning, is going through its own evolution to position itself better in the changing OPM sphere. The company, founded by Michael Croft in 2015, plans to offer its experiential tools from its…