The global pandemic of 2020 has changed the workplace as we know it and will likely continue to reverberate through the employment landscape for some time.
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The Rise of Remote Learning and Alternative Credentials in Business Schools
The Rise of Remote Learning and Alternative Credentials in Business Schools
Business schools can harness the power of alternative credentials, particularly digital badges to drive remote learning initiatives forward. Learn more about the booming market and the benefits it offers for institutions and students.
Credly
Alternative Credentials Are Booming
The alternative credentials market is expected to soar. Driven by the increase in remote learning since the pandemic and a shift to more flexible learning models, this presents opportunities for higher education institutions, particularly business schools, which view alternative credentials as a vital strategy for success.
38% of students don’t pursue higher education due to cost fears. Especially when the tuition fee for business schools can be significant. Students are demanding more remote and flexible learning opportunities, contributing to the growth of alternative credentials.
74% of students say including industry micro-credentials would influence their program choices.
Transitioning towards flexible learning pathways that widen education opportunities for youths and adults is a crucial policy focus for revitalizing higher education systems. By doing so, we can address the triple policy objectives of improving access, quality and equity in higher education provision.
Libing Wang
Chief of Section for Education, UNESCO
Unlocking the Potential of Remote Learning
Responding to students' demands, colleges and universities are pursuing remote learning growth, using technology to scale programs, reduce costs, and connect students to work opportunities.
Increase enrollment
Remote learning allows students to create flexible schedules that fit their lives. Schools attract a more diverse range of students.
Reduce Costs
Technology integration enables colleges and universities to reduce facility costs while serving more students. Reduced travel costs and residential fees increase student affordability.
Lifelong Learning
Remote learning supports a culture of continuous learning so alumni can advance their careers. Institutions can offer a range of courses that allow students to upskill or reskill anytime, anywhere.
Business Schools Leading the Way in Remote Education
The University of Illinois offers its online MBA program for US$22,000
It has retired from its traditional residential degree.
Learn more
The University of Warwick's Global Online MBA ranks third globally
according to the Financial Times' Online MBA ranking for 2024.
Learn more
Digital Credentials Advance the Shift in Education
Business schools can leverage alternative credentials, particularly digital ones, to bolster remote learning initiatives. These digital credentials offer significant benefits for institutions, students, and employers alike. Here's how
Validating Non-Traditional Learning:Digital credentials verify achievements in flexible paths like micro-credentials and short courses, enabling module or competency recognition.
Enhance Security and Credibility:Digital credentials provide a secure, verifiable way to showcase online achievements, without cumbersome paperwork.
Synchronize with Technology:Digital credentials seamlessly integrate with online platforms and learning systems, simplifying issuing, managing, and verifying achievements.
Perform on a Global Stage:Digital credentials are globally accessible and recognized by employers worldwide, offering standardized badge representation for increased value internationally.
Credly facilitates a shared language of verified knowledge, skills, and abilities among students, institutions, and employers. Complete the form below to download our whitepaper and explore how business schools can enhance their courses with digital credentials.