Your client, the Univesity of Exuberance, is a reputed top 10 private research university in Amarillo, Texas, United States. The academic bodies of the University of Exuberance consist of the undergraduate College, five divisions of graduate research (Biological Sciences, Humanities, Physical Sciences, Social Sciences, and the Institute for Molecular Engineering), and six professional schools (the Johnson School of Medicine, the John Doe School of Business, the Law School, the Divinity School, Jan Doe School of Public Policy Studies, and the School of Social Service Administration).
The University of Exuberance’s management has determined that they need to start introducing online courses in their portfolio of academic offerings, but the board of directors is skeptical of providing education in this format. Your consulting firm has been hired to help shed some light on this new era of education.
For this assignment, you will prepare a paper in which you analyze the University of Exuberance scenario. At a minimum, answer the following three questions in your analysis:
What are the drivers of online education?
What is the market size of online courses in the U.S. today? Could you show how this has grown in the last decade (2010-2020)?
Should the university introduce online courses? Please advise the client on opportunities, risks, and the strategy they should adopt.
Length: Academic Paper 5-7 Pages
References: Include a minimum of 4 scholarly resources- Please use peer-reviewed sources with a DOI Number