Industry Insights

The Case for Macro-Credentials

12/16/20   |  
Graeme Owens, EVP & Country Manager at 91直播Education Canada

I鈥檝e spent the last few weeks writing about the growing cracks forming in Canada鈥檚 postsecondary sector and how COVID-19 continues to widen them. Institutions across the country are聽,听,听, and. While those institutions have been working to address these issues, past solutions may not be the best way to chart a sustainable future in this new decade.

Addressing each of these issues calls for an evolving approach that recognizes the realities of a new, more inclusive postsecondary system. It means acknowledging that we need new, fully accessible digital solutions. And how we need to provide the kind of work-relevant, lifelong learning that a leading knowledge economy will demand as we recover from the pandemic.

Micro-credentialing

One solution has been 鈥榤icro-credentials鈥 offered by institutions, businesses, and other organizations around the world. These 鈥榤icro-credentials鈥, as聽, provide 鈥渁 certification of assessed learning associated with a specific and relevant skill or competency鈥 that 鈥渁ugment traditional education through pathways into regular postsecondary programming鈥. But while micro-credentials do provide recognized documentation for specific skills, they may not always advance the learner to a level recognized by many workplaces or academic settings.

To be clear 鈥 there鈥檚 nothing wrong with micro-credentials. There were聽聽last year 鈥 so there鈥檚 clearly an appetite for micro-credentialing. But聽聽full degree programs have an advantage because they 鈥渞epresent a greater level of commitment, depth, achievement and perseverance鈥 鈥 and hold more weight with academic experts and many workplaces.

The problem remains that advanced degrees have historically required people to study on campus 鈥 and聽. And there鈥檚 the paradox. These advanced degrees of study are exactly what many professionals need right now 鈥 but they usually cater to people who take them consecutively, right out of their undergraduate degree, or concurrently with another on-campus degree program. So, if you don鈥檛 live in a university town, or don鈥檛 have time to go to class in-person, advanced degrees aren鈥檛 accessible to you.聽Micro-credentialing doesn鈥檛 solve for this problem. But macro-credentialing does.聽

Macro-credentials

By 鈥榤acro-credentials鈥 I mean taking the same advanced campus-style curricula and credentials established at postsecondary institutions that are valued and accepted by students and employers, and putting them online. Instead of taking a course here and there, macro-credential learning lets professionals become full-fledged learners again 鈥 earning complete, high-quality, career-advancing programs from home, without having to step away from work or family obligations.

For example 鈥 if you鈥檙e a university-educated professional living in a northern or remote community, your options for taking a Master of Computer Science program聽used to be few and far between. But now,听聽鈥 and from one of Canada鈥檚 top universities. That can be life changing.

The good news is that this style of campus-quality education delivered online is growing rapidly in Canada. I鈥檇 like to think that our team at 91直播is one of the reasons why. We work closely with world-leading universities around the world and here in Canada to design purposeful online professional programs. We think this is the best way to deliver the most career-relevant skills and impact to busy professionals preparing for the future of work.

Maximizing Value

Because of our breadth of diversity and data, 91直播quickly responds to future of work trends and can help universities innovate ahead of the curve. At the same time, we keep the student experience at the heart of everything we do. That innovation is something institutions can leverage when they work with our team, without having to do heavy lifting when it comes to adapting curricula for online use or providing student support at a distance.

This style of accessible learning benefitted institutions that had the foresight to offer macro-credential programming before the pandemic. Going forward, it will benefit these institutions even after the pandemic, by addressing the rising per-student cost of offering degrees.

A major element built into the on-campus learning model is the unchanging reality of labour costs. In a physical classroom, institutions can鈥檛 maximize the value of salaries paid to faculty by enrolling more students because of a finite supply of seats. Macro-credentials aren鈥檛 limited that way. Creating more student enrolment space online helps institutions to increase enrolment dollars, maximizing the value of faculty salaries.

Importantly, this can be done without expanding the workload of these instructors or interfering with their curriculum design work. While the curriculum is developed by the institution and its reputable instructors, we take that high-quality course content and convert it into a modular format that mirrors the content and experience of the on-campus degree. While instruction is provided by the same world-class, industry-expert faculty, we provide student support for large online cohorts. Limiting the burden on faculty while maximizing the reach of their world-class instruction is a crucial way to sustainably improve an institution鈥檚 bottom line.

Attracting Students

In addition to helping bring macro-credential programming online, and supporting students once enrolled, institutions also need to speak to a wider range of prospective students. Professionals, in particular, represent a largely untapped market. And once they鈥檙e engaged, they鈥檒l stay engaged, because they exist outside of the kind of demographic dips that are expected for the next generation of prospective students over the coming decade. And given the uncertainty of our times, it makes a lot of sense for people to continue their professional studies to become more marketable.

Macro-credentials are a game-changer not just for working professionals but for the institutions with the vision to offer them. They engage a group of largely untapped potential students and offer a sustainable source of revenue for institutions that offer this flexible programming. They may not be a silver bullet in addressing all of the challenges facing institutions over the next decade but they can help inoculate institutions against swings in political decision-making, dips in demographics and government funding, and the onset of unpredictable and challenging economic times.

As the world continues to battle both a global pandemic and a world-wide recession, and as the postsecondary sector remains caught in a sustainability crisis, there has never been a better time for institutions to carve out their own path toward a more independent and sustainable future. Macro-credentials offer significant potential in helping them get there and we are here to help.

聽with us if you're interested in learning more.

This article originally appeared on聽