Manipal Group investee U21 Global, the online university promoted by a consortium of international universities, is getting a makeover.
After tying up with the Indira Gandhi National Open University (IGNOU) in July 2009 which allowed it to leverage its infrastructure, U21 Global is in talks with around 10 other institutions — mostly private universities in India — for a similar agreement. It is also gradually shifting focus to corporate education despite originally setting up an online university offering masters degree programmes.
"We are exploring (the possibility of) working with partners that have study centres. Under this model, the partner would take the lead in developing market opportunities while U21 Global would determine the content and offer joint or fully-awarded programmes. We aim to finalise some of the institutional partners by the end of calender year 2010," said Nick Hutton, CEO of U21 Global.
U21Global was established in 2001 as a joint venture of 17 members of international university consortium Universitas 21 and Thomson Learning (now known as Cengage Learning) to offer online business degree programmes to students. In 2007, Manipal Education Group acquired a 50 per cent stake in U21 Global by purchasing the holding of Cengage Learning and gradually upped it to 75 per cent. Rest of the stake is held by institutions like the Universities of Melbourne,Nottingham, Birmingham and Virginia.
Source : http://www.business-standard.com/india/news/u21-global-sharpens-focuscorporate-education/389254/
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