Achieving Smart Growth in Microcredential Programs
Part One: Developing Financially Viable Microcredentials: Strategies for Prioritizing Financial Analysis
Professional Continuing and Online (PCO) leaders are inundated with hype touting microcredentials as the future of education and the way to maintain the relevance of higher ed in a shifting landscape. Amidst the pressure to stand up new microcredential offerings, leaders should prioritize financial sustainability to ensure that they meet their financial goals in this chaotic space, whether seeking to use microcredentials as a revenue stream or just looking to break even while achieving mission-driven goals. In this roundtable, we examine the current microcredentials landscape, profile tactics to ensure that microcredential offerings are aligned to market demand before launch, and share approaches to ongoing assessment of microcredential performance.
Part Two: Leveraging Stackability and Employer Partnerships to Design Effective Microcredentials
The most successful microcredentials simultaneously meet the needs of the PCO unit, the needs of students, and the needs of employers. In this roundtable, we profile strategies to ensure that your microcredential programs find this alignment. We examine models for stackable microcredentials, academic policy changes necessary to support stackability, and ways institutions have successfully partnered with employers on microcredential efforts.
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