“Education Online Services Corporation and Langston University Announce Launch of Online Degree Program” plus 2 more |
- Education Online Services Corporation and Langston University Announce Launch of Online Degree Program
- Continuing Education for Business Owners and Employees
- Unique Buying Opportunities Amid For-Profit Education Negativity - Amy Junker - Robert W. Baird And Company, Inc.
| Posted: 21 Sep 2010 03:30 AM PDT Education Online Services Corporation and Langston University Announce Launch of Online Degree Program Education Online Services Corporation and Langston University announce the launch of undergraduate degree program New York, NY, September 21, 2010 --(PR.com)-- Education Online Services Corporation (EOServe Corp.) and Langston University, OK announced today the launch of the online degree program on October 11, 2010. The goal of the online degree program is to produce graduated students with a B.S degree in Business Administration with an emphasis in Management. Prospect students can apply online at www.langstononline.com or call 1-877-845-7678. "Our marketing, recruitment, and operations teams have been working diligently with Langston University to make this online degree program launch possible, and we are excited to announce the success of our common efforts," stated Ezell Brown, Chairman, Education Online Services Corporation. "Our company is committed to helping our educational partner institution extend its online educational reach, and we believe this program will significantly enhance opportunities for students seeking to attend a historically black university such as Langston University," added Chairman Brown. "Langston University online degree program under the leadership of President JoAnn W. Haysbert and the Langston faculty will now make it possible for students across Oklahoma and from around the world to acquire the best in a college education from a prestigious university. Education Online Services Corporation is pleased with this online degree program launch and we encourage interested student applicants to immediately apply," stated Dr. Benjamin Chavis, President, Education Online Services Corporation. About Langston University About Education Online Services Corporation (EOServe Corp) ### This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at fivefilters.org/content-only/faq.php |
| Continuing Education for Business Owners and Employees Posted: 21 Sep 2010 01:00 PM PDT SUNY Oswego business school dean Richard Skolnik offers advice to small business owners considering a full-time, part-time, or online program Providing or subsidizing continuing education is a powerful employee recruitment and retention tool that has long been used by large corporations. Now, with the flexibility and availability of online MBA programs, it's a perk that CEOs of small and midsize companies may want to consider, for themselves or for key employees, says Richard Skolnik, dean of the business school at the State University of New York at Oswego. Skolnik, whose program has 1,300 undergraduates and 100 MBA students, spoke recently to Smart Answers columnist Karen E. Klein. Edited excerpts of their conversation follow. Karen E. Klein: Many entrepreneurs get into business in roundabout ways. They haven't necessarily studied business in college or gone through an MBA track. How difficult is it for them to go back and get that education? Richard Skolnik: These programs are rigorous. The time frame is typically two years, increasing to three depending on the number of background courses you need. Our program requires 36 credit hours over 12 courses. Part-time students usually take two courses per semester, three semesters a year. How can business owners handle that much work while they run their companies? When most people think MBA, they think full-time, intensive programs. But hybrid and online programs are on the rise. This means more opportunities for small business owners and their employees to earn their MBAs while maintaining their roles at the business. They are often structured so that classes meet at nights or on weekends. Or you can take online classes that don't have class meetings at all. The time investment for either model is about nine to 12 hours per week, per course. What specific benefits do MBA students stand to gain? Certainly they will gain management skills and knowledge in areas where they may not have had formal training, like finance, marketing, organizational design, or human resources. Perhaps in their company they have a particular strength in one area but they have not been exposed to others. This gives them a formal framework for management skills. Second, getting a graduate degree is an excellent networking opportunity that gives them exposure for their business to their professors and fellow students. And there may be the ability to get consulting on their business-specific problems in class projects. Large companies often pay for, or at least subsidize, their employees' higher educations. You think that smaller companies should look into doing the same? Speaking with my students who are evaluating potential job offers, one of the things they look at are professional development opportunities. And they often choose larger corporations' offers because they see that option. I think that smaller companies that have the ability can subsidize employees' advanced degrees and use that both for potential recruitment and retention. And their investment will pay off in the form of better-trained, higher-skilled employees in the long run. What kind of cost is involved? There's a wide range of cost. If you're going to a private college, you might pay in the $50,000 range. But there are many public schools that are affordable, in the $20,000-to-$35,000 range for the entire program. Have the online MBA programs brought down the cost? No, but they are increasing the flexibility of the programs, which is important for entrepreneurs and their employees. For small businesses particularly, things happen that are unforeseen. You may think that you can attend class every Tuesday night and Saturday, but then an emergency comes up that requires your attention and you're not able to make those meetings. The online option allows you to work at your own rate. Instead of having to be in class on a particular day, you have modules that have to be completed within a week or two. You work at your own rate and you can structure the work around your own schedule. What would you advise small business owners to look for in an MBA program? Ask about cohort-based programs vs. non-cohort-based. Some programs admit a cohort of students all at the same time and they progress through the classes together. Others allow enrollment whenever a student is ready to begin and they take the classes when they want to. For small business owners and managers, their workload might be one level when they start. But then a crisis or maybe a merger comes up, and they have to step back for a while. You want to make sure the program allows them to take substantial time off and then continue on when they are ready. Is there a prestige difference between a traditional MBA and an executive or online degree? From what I've heard, from both students and faculty, the online program has the same amount of rigor as the others. There may be even more effort required because you have to be making posts and contributing to the class discussion. There's no way to sit in the class and be quiet. Where can business owners find programs and evaluate them? There's good information from the Association to Advance Collegiate Schools of Business. They're an accrediting organization that gives a seal of approval to programs that they feel are meeting the best standards. Karen E. Klein is a Los Angeles-based writer who covers entrepreneurship and small-business issues. This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at fivefilters.org/content-only/faq.php |
| Posted: 21 Sep 2010 11:12 AM PDT On Tuesday September 21, 2010, 2:12 pm EDT 67 WALL STREET, New York - September 21, 2010 - The Wall Street Transcript has just published its Education Report offering a timely review of the sector to serious investors and industry executives. This Special feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online. Topics covered: Regulatory Risks - Great Buying Opportunities Among Weak Stocks - Economic Recovery and Enrollment Trends Companies include: ATA (ATAI); American Public Education (APEI); Blackboard (BBBB); Bridgepoint (BPI); Cambium (ABCD); Capella (CPLA); and many more. In the following brief excerpt from the Education Special Report, expert analysts discuss the outlook for the sector and for investors. Amy Junker is the Senior Analyst covering education services at Robert W. Baird & Company, Inc. In The Financial Times/StarMine analyst awards, she was ranked among the top three analysts for stock picking in 2008 and 2010, and among the top three earnings estimators in 2010 in diversified consumer services. Ms. Junker also ranked number two in consumer discretionary in the Forbes' "Best Brokerage Analysts 2010" list. Ms. Junker received a B.A. in mathematics from Kalamazoo College and an M.A. in mathematics from Indiana University. TWST: The for-profit postsecondary education space is under intense regulatory scrutiny this year. However, in your industry report, you mentioned a handful of names you believe will be less affected by these macro trends. What are those companies and why do you prefer them over other stocks? Ms. Junker: We became more cautious on the postsecondary education space back in April 2009, taking our ratings to "neutral" on all companies except the two highest-quality names on our list, which were Strayer (STRA) and Capella (CPLA) at the time. We didn't cover American Public Education (APEI) or Grand Canyon Education (LOPE) at that time, and our thesis remains the same today. We remain generally cautious on the group, preferring the companies that we think have the best opportunity for growth independent of the macro environment, so less countercyclical and with relatively less regulatory risk. So on our coverage list today, that includes American Public, Capella, DeVry (DV), Strayer and Grand Canyon And while the economy remains weak, we think that the current regulatory environment is causing companies to do more self-policing than what they had to do in the past, resulting in slowing enrollment growth. So companies that have historically focused on enrolling the right student, not as focused on growth at any cost, haven't had to change their business model, and so we would expect their growth to continue. TWST: In your Strayer report, you talked about the company's corporate alliances as a differentiator. Would you tell us more about that initiative and how it has helped the company? Ms. Junker: Strayer has always served working adults. So an average student is 35 years old, working full time, going to school part time, and as a result, Strayer has always looked to companies to help guide them on what programs should be offered to help them develop the curriculum. To date, Strayer has roughly 140 relationships with corporations ranging from Verizon (VZ) and Wachovia (WFC) to McDonald's (MCD) and Lowe's (LOW), to NASA and The FBI National Academy. In many instances, those companies will help pay for their employees' tuition if they opt to go to Strayer. I think this has helped Strayer because now at least 20% of their revenue and potentially more is generated from corporate reimbursement. This means that their students have to borrow less money, which puts them less at risk in terms of default and having to take on more loans. We think that also points to the quality of the Strayer Education. Those 140 corporations really see the value in a Strayer degree. TWST: Last year we talked about military student enrollments as a growth driver for the industry, but those are falling a bit. Do you expect that slowdown to last much longer? Which companies will be most adversely impacted? Ms. Junker: I think it's important to disaggregate between what APEI talked about in their most recent conference call and what's happening in the military overall. So APEI noted that it saw a slowdown in active-duty military enrollment due to increased Marine deployments, particularly to Afghanistan, where the Internet infrastructure is not as good as other parts of the world. This is a bit of a unique situation for them because this has occurred primarily within the Marines, where APEI has the greatest market share. And we really do think that the issue is temporary and growth will come back; it's just hard to predict when. A number of our companies have exposure to the military, but not nearly to the extent that American Public does. So University of Phoenix (APOL), just because of their sheer size, educates a large number of military students, as does Career Education, Bridgepoint (BPI) and others in space. So I think that military enrollment will continue to be a driver for growth for American Public as well as other companies, but there is always going to be lumpiness, particularly as deployments increase and when we are in wartime. TWST: Are there any others in addition to K12 that you would point out specifically? Ms. Junker: Yes, another one I would mention would be Blackboard (BBBB). They are basically doing education software that sells primarily into traditional universities. That's another one with a great growth opportunity, and they have some exciting technology that they've recently introduced. They have now a new mobile segment within their business that's been very exciting and allows students to access their course management software from their mobile device, something that I think is going to be a huge driver of growth for the company in the future. They also recently introduced the next-generation of their software, the core course management software product, that is helping to drive up-sell and cross-sell opportunity for their existing customers as well. The Wall Street Transcript is a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs and research analysts. This Special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online . The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations. For Information on subscribing to The Wall Street Transcript, please call 800/246-7673 This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at fivefilters.org/content-only/faq.php |
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