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iLearn | Online Mass Education Platform

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Innovation for online education optimized for basic college courses.

Innovation for online education optimized for basic college courses.

Published in: Business, Education, Technology
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Transcript

  • 1. iLearn Online Mass Education Platform
  • 2. Scenarios
  • 3. MATH151 has 7 sections Gaps Grades Teaching Methods Materials Attendance
  • 4. 86 students, 1 section Late Arrival Low Interaction Frequent Absent Lack of academic connection “Nah, no one will know”
  • 5. Problem
  • 6. Too much of everything … for ‘Basic’ courses MATH148 MATH151 BIOL105 CHEM122 ECON211 CS115 PHYS123 Basic Courses 931 4 7
  • 7. Different Experiences … for ‘Basic’ courses 1.39 1.42 Gaps in Class Experience
  • 8. Current IIT Online Low Quality Videos Low Flexibility Low Interaction “After 15 minutes, it's hard to concentrate, staring at a power point presentation” -Ropo “My professor upload original video files so students can download them on any device they like. IIT online sucks; their video quality is bad.” -Ray “On your phone, it is slow and there is no full- screen option. ... Also IIT Online wasn’t made for tablet; it just shows same website.” -Ray
  • 9. Sum: The Problems Unstandardized Recorded Lectures Low Interactions
  • 10. Solution - iLearn
  • 11. iLearn is an online platform … for ‘Basic’ courses Customized Materials Standard Syllabus Cohort Collaborative Social Network
  • 12. iLearn User Journey
  • 13. 1 class, various schedule Different Days Different Times
  • 14. Form a Cohort Same Days & Time 8-10 members
  • 15. Attend class online with your cohort
  • 16. Interact - Students & Instructors, TAs
  • 17. Customized Materials Quiz Assignments Exams
  • 18. … With a Device of Your Choice
  • 19. Online assignment - Individual & Group
  • 20. Prototype - Mock Up
  • 21. Benefits & Beyond
  • 22. Students get benefits Experience Gap Frustration Involvement Satisfaction Better Educational Env.
  • 23. IIT also gets benefits! High Demand Cost effective Reach More Prospect
  • 24. Projected Value of iLearn
  • 25. Growth Plan
  • 26. Thank you Q&A | Comments | Opinions
  • 27. Appendix: Table - basic courses in IIT Subject Course Name Section # of Professors # of Students Course Evaluation Instructor Evaluation Ev. from Math 148 Precalculus 4 2 110 3.21-4.38 3.21-4.63 2012 fall Math 151 Calculus 7 4 235 n/a Bio 105 Intro to bio 1 1 57 n/a Chem 122 Principles of Chemistry I Without Laboratory 5 2 120 3.43-3.7 3.04-4.16 2012 fall Econ 211 Principles of Economics 1 1 86 n/a CS 115 Object-Oriented Programming I 5 3 203 3.76-4.41 3.57-4.73 2012 fall Phys 123 General Physics I: Mechanics 6 3 120 3.42-2.81 3.51-4.48 2012 fall
  • 28. Appendix: Table - Business Revenue Analysis University Tuition per credit Walden University $280 Liberty University $304 Capella University $345 Strayer University $367 Kaplan University $371 South University $380-390 University of Phoenix $570 Boston University $630 year 2008 2010 2012 2013 tuition per credit 520 676 809 895 i-Learn profit 2808000 3650400 4368600 4833000
  • 29. Appendix: Table - Business Revenue Analysis year # of Freshmen Profit (in thousands) 2008 520 $2,808 2010 676 $3,650 2012 809 $4,369 2014 957 $5,170 2016 1102 $5,950 2018 1246 $6,730 2020 1391 $7,511 2022 1535 $8,291 2024 1680 $9,071 2026 1824 $9,851

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