The Market for Online Degree Programs

The market for online degree programs offered by Higher Education Institutions (HEIs) globally has dramatically changed over the past decade. While education research organizations are still working hand in hand to measure the size of this market, there is a significant amount of data from various reports on global tertiary education that articulate the past, current and future state of this education market.

Rise of Global Tertiary Enrolments

According to the 2009 report from UNESCO Institute for Statistics (UIS), global tertiary enrolments reached 170 million in 2009 wherein China, India, US and Russia have already a combined share of 45%. Other emerging economies with significant numbers of tertiary enrolments include: Brazil (6.2 million), Indonesia (4.9 million), Iran (3.4 million), South Korea (3.3 million) and Turkey (3.0 million).

More interestingly, according to British Council, the total global tertiary enrolment is forecasted to grow by 21 million between 2011 and 2020.

Another foreseen contributing factor to the rise in global tertiary enrolments is the growing population of internet users. With 2.4 billion internet users as of 2012, it is expected that online degree programs offered by HEIs worldwide will continue to become the learning method of choice by millions of global students.

Growth of the Education Market

According to IBIS Capital, in 2012, the global education expenditure reached $4.4 trillion. This figure is supported by 1.4 billion students and 62.5 million educators. Thirty four percent (equivalent to $1.5 trillion) of the total expenses came from post-secondary education. It is projected that this expenditure will climb up to $5.4 trillion by 2015 and to $6.3 trillion by 2017.

The global eLearning education market, on the other hand, reached $91 billion in 2012 and is forecasted to grow by CAGR of 23% from 2012 to 2017.

Clearly, these growths in the education market are indications that the global market for online degree programs is expanding.

Trends in Global Distance Learning

It is also apparent from reports and surveys that online programs are widely adopted by many colleges and universities around the world.

Hanover Research, on its 2011 report highlights the following trends in global distance learning:

UK’s major online degree programs are more focused on continuing professional development with greater emphasis on business-oriented programs. Student enrolments on Level 4 programs accounts for 25% while those on Level 7 accounts for 60%. Among UK online courses, business, law, medicine, science, education, social studies, and technology are the most frequently offered subject areas by various institutions.

In the US, 41% of full online programs offered at various tertiary level institutions are undergraduate degrees and 25% are graduate professional degrees. Of the 4,200 degree-granting post-secondary institutions in the country, 66% offers undergraduate online courses while 60% offers graduate professional online courses. Online degree programs that are highly in-demand from 2009 to 2010 are health professional and related sciences, psychology, business, education, computer and information sciences, and engineering disciplines.

In 2013, distancelearningportal.com released its independent survey on global demand for online education.

The survey is based on the 2 million visits they received on their online study portal in the entire fiscal year. Of this number, 69% of visitors have prospect on Bachelors degree, 19% on Masters degree, and 2% on doctoral degree. The survey also indicates that the online programs with the highest demand globally are Business & Economics, Engineering & Technology, Social Sciences, Applied Sciences, Environmental Sciences, and Law. The top countries with the highest demand for online education are UK, US, India, Germany, Greece, Canada, Nigeria, Italy, Pakistan, Netherlands, Ireland, Spain, France and Australia.

Opportunities in Higher Education for Global Engagement

According to the 2012 study conducted by the British Council regarding higher education global trends and emerging opportunities, these are the five education opportunities that will shape the global engagement in tertiary education by 2020:

· International Student Mobility

· Size and Growth of Domestic Tertiary Education Systems

· Transnational Education (TNE)

· Academic International Research Collaboration

· Business International Research and Collaboration

These opportunities are already being felt in various countries in Asia-Pacific, Africa and the Middle East. In fact, UK and US education curriculums are widely adopted by many universities in Asia and Africa for the development of their online programs. To cater the growing demand for online programs, new course delivery models are also introduced. These are branch campus establishment programs, twinning or partnership programme, dual and joint degrees award, and franchising and validation course delivery models. As a result, more online colleges and universities globally are now actively engaging in the growing market of online degree programs.

How to Get a Degree Using the Accelerated Online Degree Programs

When students graduate from their schools they usually decide what they want to do in future. One of them decide to enter the university, others try to enter the college in order to have a qualification with which they can find a job and just earn money. Also they decide to obtain their education attending full-time courses or maybe to take online programs in different fields. Almost all of students choose to get their knowledge and education through online degree programs. That is the most convenient way for those who already have their jobs or families or those who just have no possibilities to attend full-time courses.

But even the receiving of your degree online requires two years of studying, and sometimes it also does not suit to those who have their jobs in the fields they want. In this case it is better for them to make the process of receiving their education quicker. So in this situation it is much better to take an accelerated degree program. These programs are provided by the online universities and they offer different programs in different fields for you to choose. And that means that you can obtain your degree for less than two years. These programs are great for those who want to become more successful in their existing career and to obtain a high-paid job.

Looking through the information about the accelerated online degree programs, which you can get in the different online universities, you will have a lot of questions how to find that program which is really yours and which you like. To be successful in searching you should read the information below to be sure that you completed all those important steps and found the right program.

It is the well-known fact that with invention of interactive programs the number of the things you would like to search is very great. And when you begin your research you should be convinced in the choice of options. That means that you have to make a list of careers and jobs which you want to find and then search the online programs according to your wishes. There are a lot of programs offered and their number grows from day to day. So you have a great choice and also you need a lot of time to find that exact program.

While searching the program you wish you also have to be sure that the institutions you would like to enter are offering the exact kinds of classes and degrees which you are looking for. Besides you should be very attentive and be one hundred percent sure that those higher educational establishments, which you have chosen, offer the accelerated online degree programs which will give you an opportunity to finish your education and receive an educational degree in advance. Also it will be better for you to know about the online course formats and the requirements.

When you got acquainted with the first step and manage to do all those requirements and offers, than you can move further to the second step. When you have coped with the choice of programs and wishes concerning your future career you will have a difficult and important choice of the institution where you would like to get your online degree. When you have found the exact university which suits you, then you have to apply to that establishment. The process of entering to the online universities is much more convenient and quicker. When you enter to the traditional university, you can wait for the answer for a long time, in average for a few months. And then you have to wait some more months to get started with your education. Unlike traditional universities, online universities are definitely quicker in their answers. You can have an answer about your admission in a few weeks and to start your studying immediately. This process is very quick and it gives you an opportunity to start to obtain your degree very quickly.

The next step is very important and difficult for you. When you are applied to the university you wished and took the accelerated online program which you wanted, your next mission will be to plan out the perfect schedule that will give you an opportunity to maximize the accelerated program. It will be better for you and more convenient to take a full course load in order not to finish it in advance. And try to attend all the online classes in order to be sure that you won’t stick waiting for them later.

We can talk about all the subtleties for a very long time and there are a lot of tips to be mentioned, but still we should speak only about some of them which are the most important. So let us look through the tips on earning the quickest degree. The three of them are the most essential and they are as follows:

* Almost all students should know about the fact that their credits can be transferred. When you enter the online university, don’t forget to transfer all those credits that you received beforehand. It is the mistake of almost all adults when they realize that they want to earn a degree. And when they enter the university to get their online degrees, in most cases they forget to transfer the credits. And you should know that if you want to receive the Bachelor’s degree you can transfer the credits even if you earned them a decade before. In most cases such a long time distance is not an obstruction to transfer the credits as they can be still valid.

* If you want to receive your online degree as quick as possible you should know that everything depends on you. You should better take all the classes all year round to be sure that you move very quickly and that you will succeed in advance. A lot of online programs offer different systems of education. One of them require the semester system during the online classes and the biggest part of those accelerated online degree programs offer a quarter system of studying. When you are going to finish your program very quickly try to make your full course load in every quarter and then you can be sure that you will get your degree promptly.

* When you decide to get your degree with the help of the accelerated online degree program in the online university you have to be fast in your decisions and not waste your precious time. It is in your interest to become a qualified person quickly. It was already mentioned above what are the advantages of the accelerated online programs and how is it easy to complete all those courses in advance, and how quickly you can be accepted and then become enrolled. So it is in your interest to send the documents for admission as quickly as it possible. And the quicker you send them the quicker you can finish the degree.

In this article you have got the very useful information about the quickest way to receive the online degree through the accelerated online program in the online university. It is the best way for you to become the qualified specialist in less than two years. It is definitely your choice concerning the best way of receiving the qualification and the educational degree, but still you should take into consideration that the accelerated online degree programs will give you an opportunity to obtain the diploma in less than two years and move forward to your dream and get the job about which you always wished about. Besides during your online studying you can have a job in the exact field in which you obtain the degree and also you can be advanced in your professional appointment which will bring you more experience and more money. So it is your way to choose or not to choose the accelerated online degree program, but this program can give you a lot of opportunities and abilities.

Different Kinds of Online Degree Programs

Distance learning includes a range of lessons for diplomas, certificates, degrees and college credit. A university that provides learning online will not always give you a full degree online. Much more educational facilities are embracing online degree programs and boosting the amount of classes offered toward a degree, nevertheless some degrees can be found in great quantity through online degree programs although some take a bit of exploration to locate.

Business, management, marketing and associated business study fields might possibly be the quickest online degree programs to find when doing research. Numerous colleges and universities make available associate, bachelor and master degrees in business administration totally online. The appeal of this method is the capability to walk away with a degree without ever requiring you to step foot in a school room. Another plus is to be able to continue working to build job experience and longevity with a firm even while continuing your education. There are numerous MBA online degree programs readily available for pupils who wish to continue their training and work at the same time.

A few areas of study for example nursing and education offer you courses towards a degree online. These kinds of fields need lots of in-service work and are impractical fields of study to provide completely online. These degrees usually deliver a number of courses which happen in the degree program. Using this method you’re not stuck with classes on the web that simply take place the first couple of years of the course. Master degrees are a lot easier to locate in these fields than bachelor degrees. The masters degree courses are almost always just for registered or certified nurses and teachers. For example, you can not hold a bachelor degree in mathematics and then anticipate to obtain a masters in education online to teach math. The best benefit to these kinds of courses is that often a number of teachers and nurses continue their education through online degree or certificate courses and not having to go to classes.

Liberal arts is a field with a variety of online degree programs. Quite a few colleges and universities offer a liberal studies degree entirely online. Several other universities and colleges provide what they label a general studies degree. This particular online degree program is designed to provide you with a well-rounded education that prepares you for many different jobs or higher degrees. These web based degree courses are perfect pupils who’ve not necessarily decided out a specific major or college students who require to work full-time and need a degree they’re able to complete on-line. If your main plan is to attend law school or another professional degree course, the online general studies degrees enable you to work full-time to aid you to cut costs for advanced education.

Additional online degree programs available are psychology, sociology, English and criminal justice. You will discover a lot more masters degree programs obtainable as being a total online degree course than there are bachelors degree programs, however, if you explore hard enough you will find full on-line bachelor degree courses.

Additionally, there are a small number of online PH.D packages for fast paced professionals for busy professionals. Seeing as distance learning and online programs grow to be widely used and wanted by learners, the selection of on-line degree courses ought to multiply.