This slide presentation shares what kind of benefits are implied in using Financial Knowledge´s Elearning services, which are more cost effective than traditional learning because less time and money is spent in traveling.

1. FinancialKnowledge

2. •E-Learning is Cost Effective:
E-Learning is more cost effective than traditional
learning because less time and money is spent
in traveling.
Fact:
Dow Chemical reduced average spending from
$95 per learner / per course on classroom
training, to only $11 per learner / per course
with electronic delivery, resulting in an annual
savings of $34 million (Shepherd, 2002).
FinancialKnowledge

3. Ernst & Young cut training cost by 35
percent while improving consistency and
scalability. They condensed about 2,900
hours of classroom training into
combination of 700 hours of web-based
learning, 200 hours of distance learning
and 500 hours of classroom instruction,
a cut of 52 percent. (Hall, 2000).
FinancialKnowledge

4. •E-Learning is Faster:
During the times when the change is faster than
ever, a key advantage of e-learning is that it has
faster delivery cycle times than traditional
classroom-based instruction.
Fact:
British Telecom delivered e-business training to
23,000 employees in three months, at a cost of
£5.9m, compared to £17.8 million and a five-year
time span for classroom training (Taylor, 2002).
FinancialKnowledge

5. •E-Learning is Effective:
A nine-year survey of the research literature in
training published by Fletcher and Tobias in
„Training and Retraining‟, commissioned by the
American Psychological Society, concluded that:
‘Learners learn more using computer-based
instruction than they do with conventional ways
of teaching, as measured by higher post-
treatment test scores.’
Fact:
Specific studies from Fletcher (1999), Kulik
(1994), all confirm that learners learn more using
computer-based instruction than they do through
traditional classroom methods.
FinancialKnowledge

6. •More Advantages of E-Learning:
• Class work can be scheduled around personal and professional work
• Reduces travel cost and time to and from classroom
• Learners may have the option to select learning materials that meets their level of
knowledge and interest
• Learners can study wherever they have access to a computer and Internet
• Self-paced learning modules allow learners to work at their own pace
• Flexibility to join discussions in the bulletin board threaded discussion areas at any
hour, or visit with classmates and instructors remotely in chat rooms
• Different learning styles are addressed and facilitation of learning occurs through varied
activities
• Development of computer and Internet skills that are transferable to other facets of
learner's lives
FinancialKnowledge

7. • Motorola projects that for every $1
spent on training, there will be $30 in
productivity gains in 3 years
• Alvin Toffler: “Now that we are moving
from factory work to
anytime, anyplace work, we need an
anytime, anyplace educational
parallel.”
Source: Wall Street
Journal, March 12, 2001
FinancialKnowledge

8. Innovative and Interactive courses are specifically
designed to let the user focus on the e-learning
material through constant participation in a fun
learning environment.
Some of the Multimedia Features Are:
• Animation / Interacting Elements
• Videos
• Audio / Narrated courses
• Visualization of concepts
• Problem solving and exercises
• Exploring new concepts
• Sharing and discussions
FinancialKnowledge

9. Here are some examples of the available courses:
• Investing Basics.
• Smart Strategies for Your 401k.
• Organizing and Managing Your Finances.
• Tax Planning Strategies for 2011 & Beyond
• Creating and Managing Wills & Trusts
and many more….
FinancialKnowledge

10. Wide variety of reports are available to the
Admin:
• You can view courses taken
• Obtain an online student report
• Indebt statistics are available
• You can see your employees test scores
• You can generate Student attendance
reports.
• View courses registered per user.
And more….
FinancialKnowledge