Key Takeaways
- Unlock the Future of Education with Online Program Management: Discover how Online Program Management (OPM) is reshaping higher education, driving a 30-40% enrollment boost within the first year for most universities. Learn the strategies that can help your institution thrive in the digital era
- Maximize Student Success with Comprehensive OPM Solutions: Uncover how top OPM providers support everything from curriculum development to student retention, ensuring your online program excels in delivering quality education while meeting enrollment targets
- Choosing the Right OPM Partner: What You Need to Know: Navigate the OPM landscape with confidence by learning about the four key partnership models. Find out which model—revenue share, fee-for-service, hybrid, or in-house—aligns best with your institution’s goal.
It is imperative to understand that the current educational environment in higher education is far different from the one that existed a decade or even five years ago; currently, over 70% of Colleges and Universities in the U. S. are either developing or planning to execute online programs and many of them work with OPMs to do that.
The OPM market will surpass $7.7 billion in 2025 revenues, and experts expect it to grow because more institutions are aware of the need for transition due to the shift to digital learning.
OPMs are here to stay—they do not merely represent the present tendencies; instead, they transform the future of learning and hold all the keys from course development and promotion to student enrollment and engagement.
For example, according to market research by Eduventures, most colleges and universities that engage an OPM can expect an enrollment increase of 30-40% in the first year of engaging an OPM. Hence, in this guide, you will learn how these academic partnerships can open up fresh possibilities, respond effectively to issues that may arise, and bring your online programs to success.
What is Online Program Management?
Online Program Management, abbreviated as OPM, encompasses various services delivered by third-party entities to assist universities and colleges in creating, establishing, and operationalizing online degree or certificate programs.
These services may include course and curriculum development, class and program marketing, enrollment management, recruitment services, and student recruitment and retention.
Critical Aspects of Online Program Management:
- OPM providers manage all the logistical aspects of offering programs online, including IT infrastructure, curriculum development, enrolment, and student services, meaning that institutions can concentrate on academic delivery.
- Most OPMs work on a revenue share basis, taking an upfront amount to fund the program development and promotion and taking a defined percentage of the tuition income.
- Institutions have the freedom to determine the level of support they need. This can range from comprehensive end-to-end program support to specific areas such as marketing and student services, providing a tailored solution to their unique requirements. As education has shifted online, more universities opt for outsourcing services offered by OPMs. Moreover, it was found that over 60% of online programs in the U. S. are currently managed by OPMs, as indicated by a recent survey conducted by the Babson Survey Research Group.
- OPMs rely on sophisticated technological tools such as Learning Management Systems (LMS), Customer Relationship Management (CRM), and data analytical tools to facilitate program delivery and enhance student experiences.
OPM providers play a pivotal role in keeping institutions informed about current industry practices and trends. By sharing these insights, OPMs assist institutions in designing programs that are responsive to market forces and student demand, ensuring their academic offerings remain relevant and competitive.
How Do Online Program Management Partnerships Work?
OPM partnerships refer to a collaboration between education institutions and third-party vendors to sponsor and manage online degrees and programs. These partnerships are intended to take advantage of the capabilities of the two partners, guaranteeing the successful implementation and meeting of the needs of the various online degree programs and courses.
1. Needs Assessment and Strategy Development
It involves an initial evaluation of the requirements and aims of the institution where the program is to be implemented. To create a specific action plan, OPM providers consult with the institution to understand its particular needs, specialities, opportunities, and goals.
2. Program Design and Development
Once the strategy is developed and the online program is implemented, its design and development rests with the OPM provider. These include developing course materials, incorporating technology, and evaluating the content and relevance of the curriculum for quality and academic purposes for profit institutions.
3. Marketing, Recruitment, and Enrollment
This is because the OPM provider is responsible for marketing the program to potential students and recruiting and enrollment procedures for for-profit companies. This entails marketing online program management companies, aiming to get new leads, following up to get these leads to enroll in the program, and processing the applications.
4. Student Support and Retention
After enrollment, the OPM provider is to provide support services, which include, but are not limited to, academic counselling, academic skills development, and career and internship services. These are services meant to increase student satisfaction and, thus, retention rates and student success in course programs.
5. Continual Data Analysis and Program Adaptations
The OPM provider also evaluates the program's performance implementation to ensure they achieve the program's intended goals. This allows the institution to improve on its areas of weakness and, therefore, sustain itself as a market player necessitated by the increasing number of institutions offering online education.
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Types of OPM Business Models
OPM partnerships are not a one-size-fits-all solution and can be adapted in several ways to fit educational institutions' requirements. Knowledge of these models can assist institutions in deciding the correct form of partnership that best suits their strategic plans and capacities.
1. Revenue Share Model
In this model, the OPM provider will bear most costs in developing and marketing the new online program. In return, the provider gets a share of the tuition fees as revenue for offering the services. This model is perfect for an institution that wants to avoid all the costs of creating a team while getting good partners.
2. Fee-for-Service Model
The Fee-for-Service Model provides institutions with a high level of control. They can easily set their budget without the need to account for third-party fees. However, this model may require more resources from the institution to run the program effectively.
3. Hybrid Model
A variation of revenue sharing agreements and service fees, the hybrid structure of this model provides the freedom of how the partnership will be accomplished. The institution may purchase some services in full while only getting a cut for other services to share risk and control.
4. In-House OPM Model
The In-House OPM Model is the most resource-intensive option. It demands substantial investment in technology, staff, and expertise. However, it also offers the highest level of control over the program. This model best suits large institutions with the resources to establish and support such operations.
Benefits and Challenges of Online Programs
Online programs have become a blessing to education since they provide an opportunity for anyone with internet access worldwide. However, they are also associated with unique opportunities and risks that institutions must effectively manage to achieve their goals.
Benefits
1. Flexibility and Accessibility
Students find that they can study conveniently at their own pace, increasing the chances of education for those who have other activities to attend to or those who live in areas where they cannot easily access a physical classroom.
2. Cost-Effective
As a result of online learning, higher education also becomes cheaper for institutions and students since they do not use any physical space and do not have to transport themselves to classes.
3. Scalability
It is also easy for an institution to prepare many students to enroll in a given program, which would take place online and therefore can take place from any corner of the world, excluding the physical classroom setting.
4. Personalised Learning
Technological advancements also present opportunities to deliver content and experiences online based on students' learning profiles.
5. Lifelong Learning Opportunities
Online programs offer professionals a chance to pursue further education and advance in their careers without retiring from formal education.
Challenges
1. Technology Barriers
Not all students can access the Internet or have the required devices; hence, explain why some students might feel left behind when using these devices.
2. Lack of Engagement
The disadvantage of online programs is that they often have low civic engagement, resulting in students' low motivation and low dropout rates in contrast to classroom programs.
3. Quality Assurance
Some difficulties encountered when developing and delivering online programs are as follows: ensuring the academic quality of online programs and evaluating the learner's performance can be challenging.
4. Isolation
There needs to be direct communication between the student and the faculty member during online programs, which makes the learners feel lonely and without group affiliation.
5. Cheating and Academic Integrity
It is easier to uphold honesty in an academic partnership in a traditional classroom than in an OPM business model, where institutions must search for ways to deter cheating and provide accurate evaluations.
Effective Online Program Management Strategies
Indeed, managing an online program is quite delicate and calls for a sound strategy to meet the needs of students, faculty, and the institution. With proper strategy being put in place, institutions can improve the quality of their full-scale online programs and classes, increase students' engagement, and anticipate rapid growth.
1. Focus on Student-Centred Design
Future online courses designed for students should incorporate pro-student features, making the content understandable and relevant. Easy navigation, adaptability to the studying process, and responsive feedback will enhance the experience and progress of students.
2. Ensure A Good Quality Instructional Course
The overall quality of course content is the core life support of any online program or course. Engage with other professional instructional designers and domain specialists to develop academically challenging yet fun and practical classes. It is equally important to provide updates and constantly enhance the features of quality programs to ensure they remain relevant and valuable.
3. Effective Use of Data for Consistent Improvement
To address this, a data analytics system should be implemented, which will allow the consistent tracking of student progress and subsequent changes in behaviour based on the findings. Engagement rates, completion rates, or student feedback are essential in determining problematic areas in programs and rectifying them early.
4. Improve Centralised Faculty Development
Educate and train all the faculty to ensure they are well-equipped in the context of online instruction. This includes techniques used in teaching with and through technologies, lesson planning and designing content in a web-based environment and interacting with students in an online classroom.
5. Build A Strong Following Online
Teaching groups that nurture a feeling of community are highly recommended to increase student engagement and reduce dropout rates among online students. It can be done by promoting cooperation in classes and assignments, discussions, and online conferences. There is always a need to cultivate healthy relationships among the institution's students, faculty, and staff to recruit students and nurture a healthy learning atmosphere.
Valuable Tips to Choose the Best OPM Provider
Selecting an appropriate Online Program Management (OPM) service partner is a strategic decision that may strongly influence the outcome of online programs. When choosing the right partner, one should consider several technical or operational factors that will help determine whether the partnership will be efficient.
1. Evaluate LMS Capabilities
Check that the offered OPM provider has an easily scalable and adaptable LMS that enables smooth content distribution and encourages cooperation with other instruments. Some things to look for include access to them through mobile applications or platforms, easy-to-use interfaces, and data analysis capabilities.
2. Understand the Revenue Model
Assess whether the full revenue sharing model, fee-for-service, or other model is appropriate for the OPM partnership that has been adopted. Select a hybrid or fee-for-service model based on your institution's financing strategies and approach to costs and revenues.
3. Explore: Marketing and Recruitment Approaches
What is the capacity of an online program manager of education announced by the OPM provider in marketing, and how does it attract candidates? Search for professionals specializing in digital marketing, lead generation, and enrollment management in your programs.
4. Consult on Strong Student Support Services
The final factor that can contribute to the effectiveness of the online certificate program is the provision of comprehensive student support services. Assess the continuing and professional education provider's academic services and resources such as advising, helpdesk, and initiatives aimed at student continuation to foster the students' comprehensive support during learning.
5. Analyse Data and Reporting Efficiency
This entails using everyday data, analytics, and insights that provide valuable information to organizations and lead to improving processes. Check that the OPM provider provides extensive analytical and reporting capabilities that enable you to track program effectiveness, student activity, and other critical factors in your education department in real-time.
6. Think About Technology Integration and Readiness for Business Growth
Namely, choosing software that can smoothly integrate with the existing systems and expand with your programs is crucial. Additionally, verify if the OPM provider can readily connect to your institution's current technology and if it can handle more integration in the future without a decline in quality.
7. Review Content Development Expertise
The signal you receive through the Internet can affect the quality of your programs depending on the content. Ensure that the OPM provider you select specializes in course development and has experience that includes multimedia, instructional technology, and academic guidelines.
Hence, relying on these technical and operational factors, you can choose an OPM provider that will not only match your own institution's current requirements. Still, you will also help your institution stay ahead in the constantly growing and increasingly competitive field of online education.
The Future of Online Program Managers
OPMs are still a relatively new concept in online education, and their responsibilities are only set to change further with time. However, with advancing technology, shifting student demands, and diversification of competition, OPMs are emerging as a vital tool toward the pro forma professional development side of the online learning revolution.
The roles these professionals assume are no longer limited to managing programs but now encompass more strategic tasks that lead to institutional advancement and improved student engagement.
Here's a glimpse into what the future holds for Online Program Managers:
- This argues that Artificial intelligence and machine learning will transform how online programs are run.
- OPMs will utilize these technologies to deliver tailored learning experiences, predictive analyses, and streamline administrative processes, benefiting the students and the institution.
- Some of the future trends of OPMs are likely to involve integrating improved data analysis and using innovative performance metrics to understand better student outcomes, program efficiency, and market conditions.
- The competition for OPMs will increase, and they will have to focus on delivering unique and customizable learning processes.
- This entails designing intelligent learning environments, incorporating virtual and augmented learning, and other features to accommodate students with special needs.
- Features like blockchain for credentialing and improved security framework will become essential in online program management.
- These developments require OPMs to remain diligent in providing reliable, secure, and innovative educational solutions.
- In the future, OPMs will continue to engage educational institutions to support their development of programs that meet institutional visions and the market.
- Online programs will extend their coverage from national markets to international markets.
In doing so, Online Program Managers will be best prepared to continue to propel online education programs and respond to the ever-shifting demands of today's learners and institutions.
Build a Successful Online Program Management Team with EdisonOS
Continually evolving with trends in online learning structure, an effective OPM team is crucial in the growth of an online program.
- The intelligent features of EdisonOS are aimed at providing robust support for institutions in managing their online programs.
- Whether it is the best-in-class LMS feature set or fully configurable development options, EdisonOS offers a complete online program management package.
EdisonOS is designed to be user-friendly, with easy navigation support for high-resolution video, SCORM content, and custom reports. Its website builders ensure that educational institutions can offer students high-quality, engaging, and interactive learning.
EdisonOS is remarkable in its scalability, offering solutions for successful OPM implementation in a highly saturated web environment. It can be deployed at scale to define unique learning settings that meet specific requirements and ensure compliance with relevant regulations.
In this way, with the help of EdisonOS, instituting a successful Online Program Management (OPM) team becomes a crucial competitive advantage that allows institutions to deliver influential and viable educational programs.
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