edX Announces Contract with UC Davis to Launch New Online Master of Management

Rhea-AI Summary

edX, a global online learning platform from 2U (Nasdaq: TWOU), has announced a contract with the University of California, Davis, to launch a new online Master of Management program aimed at recent college graduates. This innovative program is designed to be shorter and less expensive than traditional MBA programs, providing accessible, high-quality education for individuals at the beginning of their careers. Since their partnership began in 2017, over 2,300 learners have participated in UC Davis's online programs. The new Master's program is currently pending review and approval from university and accreditation organizations.

Positive

• Introduction of a new online Master of Management program targeting recent graduates.
• The program is designed to be shorter and less expensive than traditional MBA programs.
• Over 2,300 learners have enrolled in UC Davis's existing online programs since 2017.

Negative

• The new online Master of Management program is pending review and approval, which may delay its launch.

New graduate program designed to expand access to one of the nation's top business schools for recent college graduates in California and around the world

LANHAM, Md., Feb. 9, 2023 /PRNewswire/ -- edX, a leading global online learning platform from 2U, Inc. (Nasdaq: TWOU), and the University of California, Davis, today announced a contract to launch a new online Master of Management program for those who just recently graduated from college to immediately accelerate their professional careers. The program – which would be the first of its kind in the UC system – is designed to be shorter and priced less than a typical MBA program, and would open doors to an accessible, high-quality graduate business education to students who've recently finished an undergraduate degree.

The new graduate degree offering, to be developed under edX's flexible degree model, will build upon the existing edX and UC Davis partnership, which includes MBA@UCDavis, a top-ranked online MBA program, as well as executive education courses, tech boot camps, and recently announced professional certificate programs. Since the edX and UC Davis partnership began in 2017, over 2,300 learners have been welcomed into these innovative online programs.

"UC Davis and edX have long shared the goal of making high-quality education more accessible to learners around the world, which is why we worked together to enable those in the earliest stages of their careers to learn from the foremost business management experts," said Andrew Hermalyn, president of partnerships at edX, a 2U company. "Students graduating from this program will be prepared with a unique set of skills to help them make an immediate impact in the world." 

Many recent college graduates want to jumpstart in their careers by learning critical management skills, but don't yet have the necessary professional background to qualify for an MBA program. In fact, 49% of undergraduates believe they were unprepared for jobs after leaving college, according to a 2022 survey. The new UC Davis online Master of Management on edX is designed to give new professionals the skills they need to excel in the professional world in a condensed format, allowing them to quickly take the knowledge gained and apply it to a job in the private sector.   

The program is pending review and approval from university and accreditation organizations.

About edX
edX is the global online learning platform that exists to help learners everywhere unlock their potential. edX was founded by Harvard and MIT in 2012 to make the world's best education available to everyone. Today, as a 2U, Inc. company (Nasdaq: TWOU), edX connects over 48 million ambitious learners with the skills, knowledge and support to achieve their goals. Together with the world's leading universities and companies, edX offers thousands of free and open courses, professional certificates, boot camps, credit-bearing micro credentials, and undergraduate and graduate degrees. Discover purpose-built online programs in technology, business, healthcare, science, education, social work, sustainability, and more at edX.org.

Media Contacts:
2U/edX: media@2u.com

 

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SOURCE 2U, Inc.

FAQ

What is the new program launched by edX and UC Davis?

edX and UC Davis have launched a new online Master of Management program designed for recent college graduates.

How is the Master of Management program different from an MBA?

The Master of Management program is shorter and priced less than typical MBA programs, making it more accessible.

How many learners have participated in UC Davis's online programs since 2017?

Over 2,300 learners have engaged in UC Davis's online programs since the partnership with edX began in 2017.

What is the current status of the new Master of Management program?

The program is currently pending review and approval from university and accreditation organizations.