Sramana Mitra: Is there any other major trend in online education that you are observing that is worth discussing? Kurt Kirstein: We’ve talked about online education from an academic perspective. The one thing that I’m also seeing is that online education is now being utilized more and more for corporate training. We’ve done online corporate training
Sramana Mitra: This discussion is interesting in terms of paradigms of how online learning is going to progress. This is the paradigm that is going to be desirable across the board. It also helps people engage better when you have a combination of self service which offers flexibility and then you have the interactive session which
Sramana Mitra: What we hear from people is that the flexibility of the web self-service mode curriculum is very attractive to them because it’s something that they can do at their own time. Many of our entrepreneurs are practicing entrepreneurs. They will do the curriculum at their own time. In any case, the flexibility is
Sramana Mitra: You’re saying that once they get their feet wet in the online program, they prefer the convenience and the flexibility of the online class? Kurt Kirstein: They do. I think they perceive the value of it. Many of the students who come to us went to school. The last time they went to
Kurt Kirstein: They’re looking to finish a degree or looking for career advancement. That’s the primary market that we serve. In that sense, we don’t serve freshmen. We don’t have freshmen that come in in droves every Fall. We serve people who are working and have decided that they have enough time and it’s a
If you haven’t already, please study our Bootstrapping Course and Investor Introductions page. This discussion focuses on online education models that maximize engagement and minimize drop rates. Sramana Mitra: Kurt, let’s start with introducing our audience to yourself as well as to what you’re doing at City University of Seattle. Kurt Kirstein: I am currently the Dean in the