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iLearn Online Mass Education Platform
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iLearn | Online Mass Education Platform

Jan 12, 2015

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Business

Soobin Kim

Innovation for online education optimized for basic college courses.
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Page 1: iLearn | Online Mass Education Platform

iLearnOnline Mass Education Platform

Page 2: iLearn | Online Mass Education Platform

Scenarios

Page 3: iLearn | Online Mass Education Platform

MATH151 has 7 sections

Gaps

Grades Teaching Methods

Materials Attendance

Page 4: iLearn | Online Mass Education Platform

86 students, 1 section

Late Arrival

Low Interaction

Frequent Absent

Lack of academic connection

“Nah, no one will know”

Page 5: iLearn | Online Mass Education Platform

Problem

Page 6: iLearn | Online Mass Education Platform

Too much of everything… for ‘Basic’ courses

MATH148MATH151BIOL105CHEM122ECON211CS115

PHYS123

Basic Courses

931 4 7

Page 7: iLearn | Online Mass Education Platform

Different Experiences… for ‘Basic’ courses

1.39 1.42Gaps

inClass Experience

Page 8: iLearn | Online Mass Education Platform

Current IIT Online

Low Quality Videos Low Flexibility Low Interaction

“After 15 minutes, it's hard to concentrate, staring at a power point presentation”

-Ropo

“My professor upload original video files so

students can download them on any device they like. IIT online sucks; their video

quality is bad.”-Ray

“On your phone, it is slow and there is no full-screen option. ... Also IIT Online wasn’t made for

tablet; it just shows same website.”

-Ray

Page 9: iLearn | Online Mass Education Platform

Sum: The Problems

Unstandardized Recorded Lectures Low Interactions

Page 10: iLearn | Online Mass Education Platform

Solution - iLearn

Page 11: iLearn | Online Mass Education Platform

iLearn is an online platform… for ‘Basic’ courses

Customized Materials

StandardSyllabus

CohortCollaborative Social Network

Page 12: iLearn | Online Mass Education Platform

iLearn User Journey

Page 13: iLearn | Online Mass Education Platform

1 class, various schedule

DifferentDays

DifferentTimes

Page 14: iLearn | Online Mass Education Platform

Form a Cohort

Same Days & Time

8-10 members

Page 15: iLearn | Online Mass Education Platform

Attend class online with your cohort

Page 16: iLearn | Online Mass Education Platform

Interact - Students & Instructors, TAs

Page 17: iLearn | Online Mass Education Platform

Customized Materials

Quiz

Assignments

Exams

Page 18: iLearn | Online Mass Education Platform

… With a Device of Your Choice

Page 19: iLearn | Online Mass Education Platform

Online assignment - Individual & Group

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Prototype - Mock Up

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Benefits & Beyond

Page 31: iLearn | Online Mass Education Platform

Students get benefits

Experience GapFrustration

InvolvementSatisfaction

Better Educational Env.

Page 32: iLearn | Online Mass Education Platform

IIT also gets benefits!

High Demand Cost effectiveReach More

Prospect

Page 33: iLearn | Online Mass Education Platform

Projected Value of iLearn

Page 34: iLearn | Online Mass Education Platform

Growth Plan

Page 35: iLearn | Online Mass Education Platform

Thank youQ&A | Comments | Opinions

Page 36: iLearn | Online Mass Education Platform

Appendix: Table - basic courses in IIT

Subject Course Name Section # of Professors # of Students Course Evaluation Instructor Evaluation

Ev. from

Math 148 Precalculus 4 2 110 3.21-4.38 3.21-4.63 2012 fall

Math 151 Calculus 7 4 235 n/a

Bio 105 Intro to bio 1 1 57 n/a

Chem 122 Principles of Chemistry I Without Laboratory

5 2 120 3.43-3.7 3.04-4.16 2012 fall

Econ 211 Principles of Economics

1 1 86 n/a

CS 115 Object-Oriented Programming I

5 3 203 3.76-4.41 3.57-4.73 2012 fall

Phys 123 General Physics I: Mechanics

6 3 120 3.42-2.81 3.51-4.48 2012 fall

Page 37: iLearn | Online Mass Education Platform

Appendix: Table - Business Revenue Analysis

University Tuition per credit

Walden University $280

Liberty University $304

Capella University $345

Strayer University $367

Kaplan University $371

South University $380-390

University of Phoenix $570

Boston University $630

year 2008 2010 2012 2013

tuition per credit 520 676 809 895

i-Learn profit 2808000 3650400 4368600 4833000

Page 38: iLearn | Online Mass Education Platform

Appendix: Table - Business Revenue Analysis

year # of Freshmen

Profit (in thousands)

2008 520 $2,808

2010 676 $3,650

2012 809 $4,369

2014 957 $5,170

2016 1102 $5,950

2018 1246 $6,730

2020 1391 $7,511

2022 1535 $8,291

2024 1680 $9,071

2026 1824 $9,851