📇 Digitizing student recruitment workflow. HE digital capability.
Admissions platforms digitise search, matching, verification and admissions processes. Solutions are now broadening into consumer sales and solving student retention.
Happy Monday 👋
This week we're focusing on the landscape of Student Recruitment and Admissions in Higher Education. Log into the Platform for access to the full brief on this topic and don't forget to check out the 2024 Global Education Outlook. Sign up for our new Daily Newsletters Chart of the Day and Impact Capital Markets.
📇 Student Recruitment and Admissions Landscape
The pandemic accelerated the digital transition as schools and universities adjusted their student recruitment and admissions strategies. Last year, Norway invested in modernizing admission systems, while Kuwait launched a central college admission portal to revamp online services and education infrastructure. Future advancements in technology are expected to enhance the recruitment process through personalized interactions, candidate selection, increased efficiency, and an overall improved student experience. The integration of AI-powered chatbots, and virtual assistants is anticipated to streamline recruitment strategies, making them more efficient, cost-effective, and specifically tailored to attract ideal candidates for academic programs. Platforms such as Admitted use big data for predictive university admissions, while iSchoolConnect uses AI to improve student enrollment processes. Student recruitment and admissions platforms assist in digitizing search, matching, verification, and admissions processes, addressing challenges for students, parents, and institutions. These solutions are expanding into consumer sales, marketing strategies, and addressing student retention through personalized communication.
Platforms like Quero Education and Common Application assist students in choosing institutions aligned with their interests. Admission guidance services, such as AdmitKard and Crimson Education, provide personalized counseling for selecting the right program or college. International student recruitment platforms, like ApplyBoard and IDP Education, guide students aspiring to study abroad, offering information and connections. Admission software, exemplified by Embark, streamlines the process, reducing paperwork and enhancing efficiency. Financial aspects are managed by scholarship and tuition platforms like PayMyTuition and Buddy4study. Digital solutions such as Meritto and Candlefox contribute to a seamless admission experience, minimizing wait times and enhancing transparency for schools and higher education institutions.
HolonIQ Market Map - Student Recruitment and Admissions
HolonIQ tracks hundreds of student recruitment and admissions solutions, data and charts about student enrolments and global flows. Log in to the Platform to deep dive the Student Recruitment & Admissions Topic.
🔮 2024 Global Education Outlook
Just a few weeks ago, we launched the 2024 Global Education Outlook, HolonIQ's annual analysis of the global education economy, presenting over 180 pages of detailed market data, investment & analysis, strategic shifts and trends in education. Download the extract or purchase the full report. You may also be interested in our Global Economic Outlook, Global Climate Tech Outlook and Global Health Tech Outlook.
📊 Get your fill of HolonIQ Charts every week.
Subscribe to HolonIQ's new newsletter 'Chart of the Day', a daily newsletter that helps explain the global impact economy - from education to healthcare and climate technology. Subscribe to Chart of the Day.
📈 Education Capital Markets
HolonIQ tracks over 300 listed education companies and has the most comprehensive coverage of education acquisitions and investments. We powered the world's first Education Technology ETF and soon we launch a range of Stock Indices to track the daily performance of early Childhood, K12, EdTech, Tutoring and Test Prep and Higher Education companies worldwide.
Our new Impact Capital Markets newsletter tracks over 60 impact stock indices, including education, emerging economies and over 50 indices tracking climate technology and healthcare innovation. Subscribe to Impact Capital Markets for data-driven insights on capital powering impact.
🧨 Digital Transformation in Higher Education
Digital adoption and transformation remain the biggest challenge for universities (followed by funding/budget cuts, then student academic outcomes) according to the most recent result from HolonIQ's annual Higher Education Digital Transformation Survey. We are still gathering feedback from our Global Higher Education Panel and would love to hear from your institution! Participants of this research receive a full report and can nominate their institution for a HolonIQ Case Study. Participate.
Higher Education Digital Capability Framework (HEDC)
The HEDC framework offers an overarching view for institutions to map and benchmark digital capabilities across the learner lifecycle, ultimately to support practical and sustainable approaches to digital services and online learning. Learn more about the HEDC and use the Miro Template to kick off conversations at your institution.
💰 Education Deals of the Week
HolonIQ actively monitors and tracks deals that take place in the Education landscape, spanning across all regions and transaction categories. Subscribe to our Daily Capital Markets newsletter for a feed of top deals each day.
🏫 University Grants
🇺🇸HBCU Spelman College receives its largest-ever donation, a $100M gift from Ronda Stryker and William Johnston.
🇺🇸 The Duke Endowment allocates $25M grants to Davidson College, Furman University, and Johnson C. Smith University, part of a centennial celebration following a [$100M gift to Duke University in November.
💰 Funding
📚Germany based Morressier secures $16.5M to bolster fight for research integrity.
👨💻 UK based bootcamp provider Northcoders secures an additional $12.7M in funding from the Department for Education.