Employers want to partner with external providers to upskill and reskill their employees — presenting an opportunity for higher ed institutions to grow revenue by creating programs for employers. Our recent research with UPCEA found that from 2022 to 2023, companies partnering with external organizations to provide employee training/professional development increased 26%.
Higher ed is quickly losing these opportunities to private providers like Coursera and LinkedIn Learning. While partnerships with professional organizations and private providers rose year over year, partnerships with higher ed institutions fell. Schools need to aggressively align programs and processes with market demand and employer partnerships, or the market will go elsewhere.
The best way to take advantage of these opportunities is to play to your school’s strengths, prioritize program growth, and avoid overextending your resources. Consider using existing courses in high-demand areas to create online certificates and pathways to stack certificates into degree programs.
Here’s a list of graduate certificate programs with the best growth potential (according to national conferral volume and growth). Are there any programs your school could develop to take advantage of this growing need?
Business
Education
Healthcare/Nursing
Multidisciplinary
Science
Social and Psychological Sciences
Technology
After determining the most in-demand certificates for your school, partnering with employers to design the curriculum and develop enrollment pathways can help scale enrollments. Collegis can help you analyze your regional competition and the skills demanded most by local employers to develop the right programs for your market, support employer partnerships, and develop custom strategies for growth and differentiation.
Understanding Employer Perceptions: The Collegis-UPCEA 2024 report
Higher ed is evolving — don’t get left behind. Explore how Collegis can help your institution thrive.