Steve Riehs Vice President and General Manager DeVry Online.
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Transcript of Steve Riehs Vice President and General Manager DeVry Online.
Steve RiehsVice President and General Manager
DeVry Online
AgendaAgenda
1. Online History and Overview
2. Competitive Advantage
3. Growth Strategy
4. Course Demo
History of DeVry OnlineHistory of DeVry Online
Early entrant, started with Keller in 1995 Best of Both – Online and onsite
from inception 2000 – Launched undergrad programs 2005 – First associate degree 2006 – Support growth of Chamberlain
RN-to-BSN program Future – Support all of DeVry Inc.
Current Online ProductsCurrent Online Products
3 Associate Programs 5 Bachelor Programs
with 32 concentrations 7 Masters Programs 13 Graduate Certificates 500+ unique online courses 35,000 coursetakers
Total Market GrowthOnline Students
DeVry University GrowthOnline Coursetakers
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
2004 2005 2006 20070
500,000
1,000,000
1,500,000
2,000,000
2,500,000
2004 2005 2006F 2007F
Online Growth RatesOnline Growth Rates
CAGR: 24.8%
CAGR: 49.2%
+22.%Spring
Online Competitive AdvantageOnline Competitive Advantage
1. Technology – Most interactive and effective online
experience in the industry 2. Quality
– Best faculty recruiting, training and quality assurance process
– Course content and development3. Best of both – Online and onsite4. Brand:
– “Where convenience and quality click”
Online Growth StrategyOnline Growth Strategy
Expand program offerings– All DeVry University programs online
– Add Associate programs
– Add Masters programs
– Expand beyond technology and business areas
Support all of DeVry Inc.– Chamberlain/Becker/Ross/Future
Enhance “Best of Both” position Continue to improve retention
DeVry University Online Undergraduate Retention by SemesterDeVry University Online Undergraduate Retention by Semester
2004 2005 2006
Spring
Summer
Fall
Top 3 Initiatives Life skills coaching Academic advising Creating community
The Commission on Accreditation for Health Informatics and Information Management Education accredited the Health Information Technology Associate Degree Program at DeVry University – Online Campus on August 18, 2006.
DeVry’s program was the first pure online program to receive accreditation.
Online DemoOnline Demo
Course Integration with iPodCourse Integration with iPod