Learning Management Systems – Managing Online Education Efficiently

With the advent of the Internet the whole world has shrunk; technological advancements in the world of Internet have revolutionized telecommunications in a manner like never before. Education is yet another field which has observed a tremendous makeover, thanks to the World Wide Web. Online education makes use of technology, expertise and has the potential to reach large number of learners throughout the world. And this can be easily achieved with the usage of a Learning Management System.

What is Learning Management System all about?

Learning management system is an online-based technology, which enhances or makes online learning easier. To put it in simple words, a learning management system is a stage or a platform on which online education performs. It is an interface, which makes online learning simpler. So all the important aspects of elearning such as content creation, content updating, content delivery to the learners in the most efficient manner. So, what LMS does is it provides a ‘Hassle free’ online learning experience. It is therefore an important tool for teachers, students and learners. Read the rest of this entry »

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The Economics of Online Education

As more and more universities are opening up to the idea of online proposition, it becomes important to raise the question: “Can online-education be a profitable and sustainable business?” To answer this question, let us explore the various important facets of this model which would decide the feasibility and financial sustenance of the e-idea. Some key parameters to be considered are the demand, ability to supply, technology and delivery process.

The demand for the service is abundant as previously discussed and so is the availability of market players who could cater to this growing demand. Hence, the viability of the proposition rests solely on the issues of effectively delivering the services and choosing or rather designing an appropriate business model. It is critical to analyze the following factors to assess the economics of the idea:

-Virtual university vs. traditional university (in transformation)
-Selling commodity vs. selling experience
-Technology: availability and costs
-Process of delivering quality and differentiation Read the rest of this entry »

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