SA business school offers online study now, pay later

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Regenesys Business School yesterday officially unveiled Education for All(EdForAll), its online higher education portal.

Regenesys is a global business school with campuses in Sandton, Lagos and Mumbai, with over 200 000 students and alumni from 190 countries.

Through EdForAll, the private business school provider offers higher certificates, catering for students that did not meet the requirements for entry into any higher education institution, bachelor degree, post-graduate or Master of Business Administration (MBA) programmes.

In addition, it combines education, technology, the internet, financial engineering and philanthropy.

According to Regenesys, EdForAll is based on the “study now and pay later” principle, which sees students pay a monthly commitment fee of R500 for the duration of their studies, and then pay the remaining fees once they gain employment or promotion after obtaining their qualification.

Regenesys Group chairperson Dr Marko Saravanja says EdForAll enables access to education for those who could not access it in the past.

Saravanja points out that the biggest obstacle to access to education is money, which is how Regenesys came up with EdForAll. “It’s about studying now and paying later – study now, get your bachelor’s degree or MBA, and empower yourself now.”

The essence of EdForAll is to allow any person in the world to access education, he states.

“Internet and education are the two greatest equalisers in the world. With internet, we can provide access to anyone in Africa, India, China, South America or anywhere; and with education, we can empower people.

“EdForAll seeks to empower people from across the world, and enabling all those parents who cannot afford to send their children to universities. We believe that education is a human right, and shouldn’t be privileged for the few who have money.”

Indherani Reddy, head of the Regenesys Foundation, emphasises that EdForAll is purely for online courses, noting EdForAll students will only pay the remainder of their fees when they finish with their degree, graduate and get a job.

She explains: “In the time students are studying with us, they will pay R500 per month for the duration of their degree. If you are doing a higher certificate, it will be over a year; for an MBA, it will be over two years that you’ll pay the consistent subscription to be able to have access to learning on our portal.

“The student will graduate with us, and will get their qualification. When you find a job and are on your feet again financially, only then will you pay back the tuition fees that incurred no interest in your time of studying.

“We are honoured to be able to make this important contribution to the world during this pandemic. We wish to wipe away the tears of all parents who cannot afford to pay for the higher education of their children.”

Programmes available exclusively through EdForAll include bachelor’s degrees in business administration, accounting science, banking, retail management and public management.

For a master’s degree, the initiative offers an MBA and master of public management. Students can also sign up for post-grad diplomas in business and public management, as well as a national diploma in public administration.

The higher certificate programme offers business management, credit banking, retail management and public management courses.

For the digital programmes, courses are offered in areas such as project management, digital marketing, artificial intelligence, robotics, data science, coding, blockchain, machine learning, cyber security, design thinking, finance for non-financial managers and professional business writing skills.

Ajay Dhruv, director of Digital Regenesys, believes the cost of higher education should not prevent any human being from achieving their dreams. “EdForAll is an opportunity for every human being on planet Earth to get educated, develop and awaken their potential and achieve their dreams.”

Regenesys says registrations for the first semester of EdForAll have been extended for two more weeks. For more information, click here.

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