Q: What do you use as a profit margin for a non-credit course?A: The Ideal operating margin for an open enrollment, non credit course should be between 40% and 50%. This based on the ideal ratios recommended by LERN:Promotion-- 15-20% of incomeProduction (Teacher and materials..
Questions
Jordan Kivley
Recent Posts
Q: We are seeking help with renaming our continuing education and corporate training departments. Any suggestions would be greatly appreciated. A: While a number of continuing education units have experimented with other names in the past five years, the name Continuing..
Q: Are there any studies about noncredit classes that attract juniors and seniors in high school?A: LERN regularly seeks and receives feedback from member programs that have success in these areas, and here are some of the topics that we have learned are popular with high school..
Q: I attended a LERN webinar a few months ago that had a formula in it on how to price your courses to cover your program costs.I am interested in being able to price our courses so that all of our overhead costs (both direct and indirect) are covered.Can you help me with that?
Q: How long does it typically take to develop a new certification program? I want to make sure I'm on target. A: Thank you for your question regarding development time for a certificate program.You have two kinds of “development.” The first, and most critical, is needs..
Q: Can you give me information on currently successful certificate programs?
Q: We’re not able to locate our Ratios for Success handouts and are trying to determine if our class fill rate is too high, too low, or just right. Are you able to help us with this? A: Yes, we can help you with this. In your classes, the ideal situation is to have enough..
Q: I’m specifically interested in any information you have on the latest trends in online learning systems (i.e. software platforms, how-to, best practices).A: The most important trend in online learning is that it continues to grow rapidly as a delivery method for education at..
Q: Does LERN have information on what to include in class evaluation forms? A: Good course evaluations are an important tool in making your program successful.in terms of format, you are going to get the best response from surveys and evaluation forms if you keep them short – 5..
Q: LERN Report: Effectiveness in Management The first line of the report says the following: “The most successful continuing education divisions generate 0 to 10% in profits in a good year.” What is the basis of the statement?A: 1.LERN was founded in 1974 and since 1974 has..