Regenesys Business School is South Africa’s leading management and leadership higher education institution, and it has set a record by becoming the first business school in the world to offer free business education from Certificate, Diploma, Bachelors Degree up to an MBA level.
The institution will make all learning materials freely available and accessible online. This development is set to positively affect education across South Africa, Africa as a continent and indeed the world at large.
According to Brett Cousins, Director at Regenesys Business School, “The free education model is based on a ‘Freemium’ model, which essentially provides anyone full access to Regenesys’ intellectual property in the form of free learning material, tutoring videos, study guides, eBooks, webinars, academic articles, e-learning technical support and much more across all business qualifications. By registering online, students enjoy unlimited access to these learning materials at no cost.”
She also described the move by the school as ‘revolutionary’, saying it would open the doors of learning for everyone, not only to people who plan to advance to executive levels, but also to entrepreneurs, school leavers and anyone who wants access to top quality business knowledge and tools from a reputable institution. This move allows students from anywhere in the world to study on their smartphone, tablet or PC, for free.
Speaking further about the institution offering degrees to students who use the ‘Freemium’ model, Brett said, “If the student decides to obtain an accredited qualification, options exist within the ‘Freemium’ model for students to submit assignments, write examinations or attend classes, which is a paid for service. This also allows a student the freedom to complete a qualification module by module according to his/her own time requirements.”
To date, Regenesys Business School has spent in excess of R50 million on the development of learning programmes, accreditation and e-learning technology. Regenesys plans to continue to invest and stay abreast of industry norms and standards to ensure that all students receive world class business knowledge and education leading to a recognised qualification.
“Our goal is to educate one million people in the next three years, regardless of one’s location or financial means, everyone should have access to life-long learning and development opportunities,” said Brett.
Partners for the initiative include Pearson, Sunday Times, Internet Solutions, Human Resources Development Council of the South African government and the Department of Trade and Industry.