Financial analysis for professional test centres in Greece. (1st January 2011)

• Record Type: Journal Article
• Authors: Economides, Anastasios A.; Terzis, Vasileios
• Is Part Of: International journal of technology enhanced learning. Volume 3:Number 3(2011)
• Page Start: 266
• Page End: 283
• Publication Date: 2011-01-01
• Subjects: computer-based tests -- computer-based certification -- e-learning -- e-certification -- financial analysis -- return of investment -- ROI -- Greece; Educational technology -- Periodicals; Education -- Effect of technological innovations on -- Periodicals; Web-based instruction -- Periodicals; Computer-assisted instruction -- Periodicals; 371.3305
• DOI: 10.1504/IJTEL.2011.040224
• Languages: English
• ISSNs: 1753-5255

Abstract

E-learning and e-certification are two educational activities that changed the way of studying worldwide. Particularly, information technology skills are certified through computer based tests (CBT) in specific professional test centres (PTCs). This paper presents a financial analysis of the PTC branch. Moreover, it examines the feasibility of a case study investment in this market. The proposed valuation framework explores the correlation between cost effectiveness and the quality of e-learning and e-certification. It is a useful tool that can be used in any case of e-learning or e-certification.