A Coggle Diagram about Universities
, More money
, More students
, Organizationally speaking, the corporate partnerships range from short-term, typically five- to 10-year contractual arrangements in which universities outsource certain recruitment and pathway program management and/or instructional responsibilities to an outside company
, NavitasNavitas and Study Group approach -- to more elaborate joint ventures, in which the university and company form a separate for-profit entity and make mutual investments and share in returns. The latter is the model INTO has pursued with its university partners in the U.S., including South Florida.
and “We absolutely acknowledge that for many universities that's exactly the right way to go and the private sector partner can bring expertise and recruiting and capital and a whole bunch of things to the relationship. We were in a fortunate position, quite frankly, where we didn’t need all of that and we decided to do it internally," he said.
(Lower admission standard
, Credit bearing courses
, The appeal of a pathway program to an international student is obvious: rather than spend time and money improving their English in an intensive ESL program, they can combine English and academic study and get started on accumulating credits toward a degree right off the bat.
and Higher Retention Rate
(recruitment and admissions and teaching
("The U.S. third-party/outsourced pathway market is less than half the size of the Australian market despite having a higher education system that is 10 times the size," said Karan Khemka, a partner with the Parthenon Group, a strategic consulting firm. "We anticipate that growth will be constrained only by the pace at which private providers can develop the market."
) and Recruting
(National Association for College Admission Counseling cleared the way for further agent-based recruiting, revising its rules to explicitly permit colleges to engage in commission-based recruiting overseas, provided they do so with accountability, integrity and transparency.