Financing of On-Line Education Initiatives International Finance Corporation Presentation To World Education Market Lisbon, May 2003 Elia Roumani Principal.

Slides:



Advertisements
Similar presentations
Public Private Partnerships and Development Razvojni program ujedinjenih nacija.
Advertisements

Best Practise in Using Finance Simulations in UK Higher Education By: Neil Marriott and Siew Min (Amy) Tan.
DaZee Hotels (Management & Allied Services)
Centre of Excellence The Housing Authority Network ‘HUB’
Advancing the Science of Management Accounting
Towards the Romania of PRINCIPLES OF PROGRAMMING The social and macroeconomic policy of Europe is the policy of Romania EU projects represent a.
Portuguese higher education: a view from the outside Presentation of report, 3 Andrea Blättler February Lisbon.
SEM Planning Model.
Public Sector Perspective on CSR and Responsibility Who is Responsible for Responsibility? Santiago, Chile September 2005.
What’s driving the need for flexible curricula? How are our learners changing and what are their needs/expectations for flexible curricula? QAA Enhancement.
NextEnd. Preparation of Business Plan for Setting up Enterprise Business Plan.. The business plan is a written document prepared by the entrepreneur that.
Sustainable Energy at the World Bank: Policies and Experiences Anil Cabraal Lead Energy Specialist Energy and Water Department The World Bank Norway-World.
Module 2: Key systems of effective training institutions MOA – FAO – TCP Workshop on Managing Training Institutions Beijing, 9 July 2012.
University strategy Jan 2012 update. Our core strategies.
Overview Summary from Africa and ASEAN assistance Dr. Peter Pembleton, UNIDO.
Metehan SekbanWorld Education Market May 2003 Istanbul Bilgi University e-MBA Program Metehan Sekban, Ph.D. Director- MBA Programs.
Urban-Nexus – Integrated Urban Management David Ludlow and Michael Buser UWE Sofia November 2011.
Virtual ACTR Network CMPS 598 co.. Mission To provide online information center about ACTR and social network tangible to its stakeholders. People Rooms.
Presentation by: Judith St-George - Director General
Enterprise IT Decision Making
Competitive Funding for Higher Education Richard Hopper Senior Education Specialist The World Bank Baku, Azerbaijan – May 13, 2009.
BUILDING SUSTAINABILITY: PARTNERSHIPS AND FINANCE by S. Adrian Ross Senior Programme Officer PEMSEA.
VSS supports knowledge management Knowledge based organizations and improving the absorption capacity.
Dr. Dina Preston-Ortiz.  Introductions ◦ Faculty  Academic Background  Small Business Owner  U.S. Small Business Globalization ◦ Definition of Global.
1 1 Reid Bluebaugh, IT Systems Programmer And Robert Smith, Ed.D., AVP for Planning, Assessment, and Institutional Research.
Margaret J. Cox King’s College London
Regulatory Transparency and Interaction with the Government Dr. Konstantin Petrov Head of Section, Policy and Regulation.
A presentation FINANCE NORWAY. “Banks and insurers are the backbone of the Norwegian economy, and we aim to help them do the best job possible” Idar Kreutzer,
Norm Wilkinson Worcester Polytechnic Institute & Dr Pam Parker City University London Curriculum Re-Design: Don’t just Survive, Thrive.
1 Offshore delivery to international students How to identify new markets and select partners.
BUILDING THE VISION Gregory G. Dell’Omo FACULTY CONVOCATION August 26, 2005.
Setting up the Agenda National Conference on “Affordable Housing for All” June 2, 2007, Mumbai Session: Innovative Technologies Dr. H.S. Anand Secretary.
PREVENTION, PROTECTION, PROMOTION THE WORLD BANK’S EVOLVING FRAMEWORK OF SOCIAL PROTECTION IN AFRICA MILAN VODOPIVEC WORLD BANK Prepared for the conference.
International Strategic Enrolment Management at the University of Victoria 2015 BCCIE Summer Seminar Carolyn Russell, Director, Student Recruitment and.
Enabling Environments for Clean Energy Technology Transfer Michael Gerbis President The Delphi Group.
European Broadband Portal Phase II Application of the Blueprint for “bottom-up” broadband initiatives.
Institutional Development for Improved Water Quality | November 2010 Operation and Maintenance for Safe Drinking Water – Institutional development to achieve.
Sarah Charles Course Leader FdA Fashion Principal The Arts Institute Bournemouth.
Climate Change and Urban Food Security Challenges for Dhaka Monirul Mirza Adaptation & Impacts Research Section (AIRS), Environment Canada Bonn, May 13,
Innovative Financing for ICT4D The Case of TARAhaat.
Safeguards Conservation Finance Valerie Hickey The World Bank March 6, 2012.
APEC ENERGY WORKING GROUP FRAMEWORK PROPOSAL FOR IMPLEMENTING ENERGY INVESTMENT RECOMMENDATIONS (November 2004).
Comprehensive Evaluation of Al-Quds Open University Kathleen Matheos, PhD Ramallah May 21, 2007.
│ 1│ 1 What are we talking about?… Culture: Visual Arts, Performing Arts, Heritage Literature Cultural Industries: Film and Video, Television and radio,
District Improvement Plan September 21, 2015.
Inter-American Development Bank Private Sector Financing and the IDB Presentation by the IDB Private Sector Department February 2004.
PUBLIC POLICIES FOR CAREER DEVELOPMENT DESIGN OF CAREER INFORMATION AND GUIDANCE SYSTEMS IN MIDDLE INCOME AND TRANSITION ECONOMIIES.
Private Health Sector Assessments (PHSA) April Harding 2011.
Cedar Crest College Strategic Planning Community Day.
Managing Risk in Financing Agriculture - Expert Meeting Johannesburg 1-3 April 2009 Synthesis of the Expert Meeting “Johannesburg Findings”
1. Overarching Question “to what extent have IFAD financed interventions in market access met the institutional objectives of IFAD?” Overview and Methodology.
Country Partnership Strategy FY12-16 Consultations with Civil Society The World Bank Group June 2, 2011.
Systemic Reform and Cross border education in APEC economies Presented to the 2nd APEC Symposium on Education Reform Xi’an, China, January 15-17, 2008.
MEDEF MEETING March 7, 2012 A.T. Shaukat Chief Engineer Global Infrastructure & Natural Resources.
Faculty Councils Brad Whittaker Director, Research Services and Industry Liaison Strategic Research Plan.
Chapter 10 Learning and Development in a Knowledge Setting
Sustainable Energy for the World: Developing Sustainable Energy Projects Rachel Robboy, Principal Investment Officer Structured and Corporate Finance Department.
Educational Excellence – Phase One Lisa Blazer & Dan Gelo Presenting.
Inclusive Business Impact Assessment Why Harmonization and How? 2 nd Asia Inclusive Business Forum Feb 2016, ADB headquarters, Manila For inquiries:
Prof Mpine Makoe Institute for Open Distance Learning 8 July 2015 Nadeosa conference.
Policymaker Perspective: Delivering Inclusive Financial Development
Mona El-Ayoubi Director Learning, Innovation & Strategy
IFC 2008 Creating Opportunity.
DRAFT Standards for the Accreditation of e-Learning Programs
Online Education 2025 Strategic Plan
ADEA 2008 Biennale: Observations, Issues, Moving Forward Theme 1:
Universities of the future: the challenges of digitalization
Bertelsmann Education Strategy
Rural Partnerships between Small Farmers and Private Sector
Summary from Africa and ASEAN assistance Dr. Peter Pembleton, UNIDO
Presentation transcript:

Financing of On-Line Education Initiatives International Finance Corporation Presentation To World Education Market Lisbon, May 2003 Elia Roumani Principal Investment Officer Health & Education Department

IFC Project Screening Business Screen – where project meets commercial objectives – is financially sensible and self-sustainable – and demonstrates role as leader or pioneer Developmental Screen – where project promotes efficiency and innovation – can provide a demonstration effect – may contribute to capacity building – will advance the quality of education – and will complement World Bank Group activities Social Mobility & Poverty Alleviation Screen – enhancing social mobility – promoting educational opportunities to lower income groups & the emerging middle classes – and helping to bridge the digital divide Environmental and Social Screen – compliance with IFC environmental and social standards?

Characteristics of IFC Investments Project size and scalability Positive regulatory environment for private investment Future commercial self-sustainability Targeting low to middle / or emerging middle classes Market factors – saleable services that increase access; ‘choice;’ service unmet demand; enhance educational opportunities Scaleable & developmental – increasing institutional capacity/ quality/ relevance of programs/ enrollments

Risk Profiling – Some Issues Regulatory issues – potential for change Political uncertainty – negative social climate (conflicts; crime; corruption); lack of transparent policies Economic / Investment climate Market – under/ over supply; competition; negative demographics; pricing affordability; reputation Financial / administrational status and capacity Operational – educational – lack of quality and accreditation systems

Build the CampusRenew the Campus “Traditional” Economic Model” Source: 2000 Dow, Lohnes & Albertson, pllc Costs Revenues

Start-up Courseware Development New or Enhanced Courseware Cost Source: 2000 Dow, Lohnes & Albertson, pllc; IFC (modified) Technology-Medium Economic Model Costs Revenues

Pedagogic Feedback & Review ICT–Technical Specification Course Development Course Delivery Assessment & Evaluation Tutor Support Course Induction Student Support Design / Applications Requirements Teaching & Learning Drive The Use Of Appropriate Technologies

Key Investment Issues Investment cycles – courseware, 3 to 4 years – I.C.T. infrastructure – reality of access & cost – sensitivity write-offs 2 to 3 years Demand – quick up-take of student numbers – market shortage of business graduates Quality of program – academic delivery & standards – employability and estimated economic return

 Sound Technology Plan/Platform  Secure Systems & Back-up  Technical Support; Maintenance & On-going development  Open systems, scaleable – and user friendly software Technology / Technical Specifications

Courseware Development  Design – collaborative process – students & professorate  Low capital in-house investment – with extensive media background  Sound quality review processes planned  Collaboration of teaching professionals in planning assessment for better learning

Student Orientation  Students – compulsory meeting for 2 days – prior to start  Focus on building self-confidence – program objectives – use of available resources & virtual library – use of templates, applications & tools – accessing course syllabus – use of labs, discussion ‘rooms’ – mentoring & advisory support – seeking technical support – communication – with professors and study teams – self evaluation

Program Delivery & Support  Professional development – adapting to new teaching methods for on-line delivery  Teaching supported by continuous assessment  Student mentoring – strong commitment  Technical support  Regular student contact and feedback (asynchronous)  Clear assessment strategies