The value forecast for online learning predicts growth to $350 billion by the next two years. This rapid E-learning development is partly due to COVID, with 73% of US students ready to take classes online after the pandemic. The strong advocacy and acceptance of online learning gave birth to many E-learners worldwide, increasing registrations on virtual learning platforms in the last five years! Many companies realize the potential of E-learning, with 90% of them providing their employees with online learning opportunities.
These stats highlight the significance of E-learning as a learning tool that is convenient and accessible from multiple locations around the world. You can attend top international universities across the globe, from Singapore to Washington, DC. Online learning unlocks a new world for E-learners that transcends geographical borders. Read ahead to learn more.
Flexibility in E-Learning
Compared to the rigidity of traditional classrooms, E-learners enjoy more freedom. 81% of students say E-learning helps improve their grades. This result is because online classes give students control, increasing their satisfaction. Online learning provides flexibility in the following ways:
1. Locational accessibility
Students can continue pursuing prestigious university options despite geographical barriers. Online education paves the way for students living in underprivileged areas without many opportunities for higher education. Suppose you want to pursue a BBA, but there are no quality universities near you, and you don’t have the means to relocate.
In that case, you can enroll in online universities like Nexford that offer a wide array of locations for students looking to pursue their BBA or MBA. Students who want to enroll in an online international business program can view their MBA & BBA locations scattered worldwide. Online learning platforms like Nexford keep you from compromising quality education because of geographical distances. Whether you want to earn your degree from Switzerland or Canada, E-learning will help you achieve your educational dreams.
2. Cost-effective
Online learning eliminates the need for daily commutes and purchasing expensive coursebooks. This cost-effectiveness enables students from different countries and economic backgrounds to pursue higher education. Suppose you live in underprivileged areas like Mississippi, which ranks 1st as America’s poorest state with an 18.7% poverty rate. In that case, saving costs through E-learning provides easy access to universities you may not otherwise get.
Furthermore, online universities like Nexford provide many scholarship opportunities. You can get up to 70% off your American degree through their Sterling Bank employee scholarship. Suppose you’re working in corporate and want to pursue an MBA. In that case, you can get 15% towards your degree through their Union Bank opportunities. Their unique monthly-based tuition payment system also saves students from hefty semester costs that may have been difficult to afford.
3. Self-paced learning
Online learning provides students with learning resources they can access anytime. It is a convenient approach compared to the rigid schedules of traditional classrooms. This learning style is especially beneficial for 60% of women caregivers in developing countries who would have to pause their education without online options, according to last year’s Global Gender Gap Report.
These students can complete their coursework without geographical constraints, irrespective of time zone differences. The self-paced nature of online education accommodates students living in different areas of the world by letting them sync their learning to their schedules, making education more accessible.
Globalization of E-learning
With the worldwide online learning market growing exponentially, it will be worth around $850 billion by 2030. Many corporations have used E-learning to increase their business retention rates by up to 60%. The globalization of online learning has spread in almost every sector, especially in corporate and education, with around 50% of students worldwide trying at least one online course last year.
This data indicates an advantage to online learners in the professional field because of the following qualities of E-learning:
4. Global network
Online learning connects students from across the world. Each student brings a unique international perspective into the classroom, promoting cross-cultural exchange of ideas. While traditional learners build a network limited to their university campus, online learners can connect with people across oceans. These connections can lead to collaborations and mentorship opportunities.
You can also attend lectures or webinars of famous personalities in your chosen field. You gain exposure to global market leaders and can benefit from their valuable experiences. E-learners can also get help from online forums by posting their thoughts and connecting with peers worldwide.
5. Cultural sensitivity
You face many clients, employers, and peers from diverse backgrounds in an international professional field. It is essential to establish communication with them that is sensitive and open to prevent misunderstandings. Knowing how to communicate is crucial for collaboration, as 86% of executives believe lack of effective communication to be the leading cause of workplace failure.
Cultural sensitivity helps you understand and respect other cultures, which enables you to communicate better with people of different ethnicities. As an online learner, you can use your global network to gain exposure to diverse perspectives and cultural experiences. You can hone your communication skills by engaging in group discussions and online interactions with your peers worldwide. You learn about different cultural nuances and adapt your communication style to them.
6. Virtual teaching aids
In a traditional classroom setting, you have limited resources as a student. Your teacher is seldom available, only for a short duration of lectures. However, E-learners can benefit from virtual teaching aids like PowerPoint presentations, recorded lectures, and virtual textbooks. These resources can remain with students, allowing them access from anywhere.
This learning mode motivates students to actively seek information instead of passively obtaining it, like in a traditional classroom setting. Hence, E-learners benefit from extensive research and technological skills. These skills are a huge help once you enter the professional field. According to an article by CNBC, becoming technologically proficient and learning new tech skills can increase your pay by 49% compared to workers who don’t upskill.
Conclusion
Your educational journey is boundless. Breaking geographical barriers is one of the many advantages of online learning. However, this article mentions how that aspect is an integral quality of E-learning. You can digitally travel and access your dream university as an online learner. Your online education journey is entirely in your hands. It is best to maximize it by utilizing every resource your online university provides.
You don’t just transcend physical boundaries, but you also unlock your true potential. Without the restrictions of traditional classrooms, you develop yourself according to your goals. With complete control over your educational journey, you become a skillful and independent learner.
