A New Tool for Understanding Student and Labor Demand
The recently released eLearning Index Report amplified how colleges and universities understand student preferences. By reverse engineering how students choose schools, this data-driven resource helps institutions identify program offerings with high potential for enrollment growth and improved job prospects. The eLearning Index report includes an interactive WebApp that serves as a companion piece, providing higher education institutions with an incredible tool to predict future trends and examine program performance.
The eLearning WebApp is made up of different dashboards, each with its own unique view. Its different dashboards show what industries are in demand, what students are interested in learning, and which programs are most likely to experience enrollment growth. Insights that can help institutions make informed decisions, maximize the allocation of resources, and drive the development of impactful programs.
A variety of scenarios are available for exploration within the Web App. These scenarios focus on identifying high-demand certificates or degrees in different industries for your institution.
Get Started with the eLearning WebApp
As you dive into the Web App for the first time, check out the Highlights and Guidance section. It gives you a broad overview and shows you where the best opportunities are based on educational attainment levels.
Higher education institutions can easily search for job demand and focus on the programs associated with those specific industries. This feature gives a complete view of valuable information about program completions and identifies the areas with the highest growth rates.
The following scenarios will show you how to leverage the WebApp to discover and evaluate competing programs in the market. This way, you can determine the breakdown of degrees available in that field and offer the online programs that students seek.
Here’s what you can do with the eLearning WebApp:
Determine Industry Needs by Educational Level
In the first scenario, a technical college is considering launching an associate degree program in computer programming and would like to determine the industries where there is a strong need for skilled programmers.
The first video explains using the Highlights and Guidance feature in the eLearning Index Web App. It shows the main fields of study categorized by degree level. Additionally, it showcases the Labor Demand Index, which allows you to search for industry needs and explore the associated programs.
Investigate Relevant Programs and Project Enrollment Growth
In another case, a medical university aims to introduce a new specialization into its curriculum. To make an informed decision, they need to determine which areas of healthcare are experiencing significant growth and demand.
The focus is on the Labor Demand Index and how the enrollment growth rate varies across different education levels. The video explores the sectors within the healthcare industry that have a higher demand for professionals based on their educational attainment.
Analyze the Demographic Dashboard to Assess Program Diversity
In the third scenario, a university which has a bachelor’s accounting program and they’re looking to see how their program stacks up to the national data in terms of demographics, racial diversity, and gender diversity.
The video shows the Demographic dashboard, a great tool for understanding the makeup of your program. Using this benchmark, you can assess the demographic breakdown of your program compared to others.
Leverage the Certificate-Specific Dashboard to Drive Strategic Decision-Making
In this situation, a university is considering adding certificates to its programs. But they are unsure about which certificates would be the most successful and what kind of students would be interested in completing them.
In this video, you’ll see the Certificate-specific dashboard, which gives a comprehensive view of program completions. It breaks down certificates by race and gender and shows the growth rates. This data can help you decide which programs to offer if you want to attract more minority students or target specific genders.
Explore Job Prospects for Students Who Continue Their Education
In the fifth scenario, a university is looking to launch a bachelor’s program in computer science and wants to conduct a market analysis of the average median wage to assess a starting point for the potential demand for the program.
In the Progressive Degree view, you can explore job prospects for students who continue their education. This dashboard displays the fields that students typically pursue for advanced degrees. It also provides information about the average median salary and highlights the degree level that offers the most job opportunities.
Unlock the Full Potential of the eLearning WebApp
The eLearning WebApp provides a unique opportunity to assess the feasibility and demand for launching new programs or expanding existing ones. Stay ahead of the game by identifying emerging trends and addressing any gaps in the market. By leveraging the power of the WebApp, you can position your institution for success in today’s ever-changing educational landscape.
Ready to take the next step? Reach out now to request your personalized walkthrough with one of our market research experts. They will guide you through the ins and outs of the eLearning WebApp, helping you unlock its full potential. Start making data-driven decisions that shape the future of your programs!