lynne koreman vice president marketing october 16, 2015 enrollment... · 2018-10-26 · –...
TRANSCRIPT
WEEK 1 LECTURE
MBA Opportunities
Illinois MBA Conferrals (2014)
64
DeV
ryU
Ch
icag
oA
me
rica
nN
ort
hw
este
rnB
ened
icti
ne
UIC
Illin
ois
No
rth
ern
ILLa
ke F
ore
stLo
yola
Ro
ber
t M
orr
isD
ePau
lR
oo
seve
ltLe
wis
McK
end
ree
Co
nco
rdia
No
rth
Par
kD
om
inic
an IITA
uro
raSo
uth
ern
IL -
CSo
uth
ern
IL -
EIll
ino
is -
SB
rad
ley
Nat
ion
al L
ou
isSa
int
Xav
ier
Elm
hu
rst
Illin
ois
Sta
te
0200400600800
1000120014001600
(Data provided by Academic Partnerships)
SIUE MBA Enrollment Trends
1996 2001 2006 2011 2012 2016 2017 2018 (Spring)
General 311 171 156 126 125 111 88 74
EBus 37
MIS 6 47 22 10 8 4 3 1
Project Mgmt
10 13 10
Business Analytics
5 8 6
Total 317 255 178 136 133 130 112 91
+ PharmD & DNP
4 38 ~40 ~40
Total w PharmD & DNP
137 168 152 ~131
The Landscape in Higher Ed Continues to Change
• Increased outsourcing all along the value
chain
• The online threat (or is it an opportunity?) is
not going away
• New and potentially disruptive moves by large
public institutions
Two Potentially Disruptive Moves in our Neighborhood
• iMBA (UIUC)
– Online MBA for $22,000
– Utilizes Coursera for some content
– Significant internal investment in infrastructure
– Worldwide marketplace
• Purdue acquires Kaplan
– $1 acquisition (plus revenue sharing)
– Buying platform and capabilities
– Focus on underserved populations
SIUE MBA Alternatives
1. Proceed “as-is” and likely decline
2. Withdraw from market and focus elsewhere
3. Make significant investment in marketing and program
infrastructure
4. Collaborate with a partner
8
M A B D A 2 0 1 8
Disruption: Online Program Management (OPM)
Who is Academic Partnerships?
• Privately-held company serving worldwide clients
• Considered an “online enabler”
• Primary focus is on building online nursing and business
programs
• In business, AP only works with AACSB-accredited institutions
– Most of AP’s partners tend to be regional publics
What would AP provide to us?
• Accelerated Online MBA
– Same courses as existing hybrid-online format
– Same admissions as existing hybrid-online format
Marketing
•Academic Partnerships
Recruitment & Admission
•Academic Partnerships
Technology Support
•Academic Partnerships
Teaching
Retention & Analytics
•Academic Partnerships
Career Development & Placement
Behind the scenes has been
frenetic with these areas of work:
• Overall Project Management
• Data/IT Integration
• Marketing
• Academic Services
11
An Overview of Work Streams
What has been done to prepare for launch?
• A LOT:
– Realigned schedule to enable six starts per year (7-week terms)
– Reduced required credit hours to 36
– Enhanced GMAT waiver possibilities for some students
– Accept some very large section sizes in some courses*
– Programming & process changes and reviews in Admissions, Bursar,
Financial Aid, MarCom, Registrar, and ITS - Thank YOU!
* Requires appropriate academic support
• Comprehensive Marketing
Plan
– Training enrollment
specialists
– Multiple contact points with
prospects
• Marketing Assets Delivered
Sept 20th
• Marketing Go-Live - October
17th
13
Marketing
• Hybrid sections will still be offered – meet from 6:00-9:30pm once per week
for 7 weeks
• Same SIUE quality focused on student learning and success
• School of Business advisor for all students
• Faculty, student, and corporate partner engagement
What Isn’t Changing….
Thank you to all who have
worked on this project!
Questions?