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Lacking the skills they need in the marketplace, education institutions need to look at effective ways to align with industry. What they teach needs to reflect what knowledge and skills are needed in the marketplace and with digital marketing, that changes fast. That’s why a lot of third-level institutions are looking to offer microcredentials and online degrees or accredited degrees as a way to fill that skills and knowledge gap. That’s why the online degree and micro-credential market is set to grow to $ billion by . For microcredentials, it’s also about the
credibility they can bring. It can fill gaps in curriculum that’s out of date or lacking relevance but it can also align a university or college with a provider that has a reputation and brand equity. “Offering an industry certification says we care enough about what we're doing and our Cambodia Phone Number List university to make sure we're partnering with external organizations to bring the industry into our classroom in a unique and specific way,” says Marshall. “The magic happens when you have an academic institution and an industry partner coming together to really create a unique micro certification partnership.” percent of Universities expect industry micro-credentials to be a credible alternative to a degree program in the next two years according to HolonIQ’s industry report

while percent already see them as a credible alternative. Credibility of microcredentials Credibility of microcredentials In addition, an overwhelming percent of educators believe micro-credentials are likely to be integrated into most university degree programs. However, a poll by EDUCAUSE shows that only percent of institutions have a mature micro-credential program. The integration of microcredentials into degree programs The integration of microcredentials into degree programs In fact, degree programs and micro-credentials don't have to compete with each other. There is a growing trend that shows higher ed institutions embed micro-credentials industry certifications into their programs to .
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