edX Teams Up with Emeritus to Fuel International Expansion

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Collaboration will present hundreds of thousands of edX learners throughout India, Latin America, and Asia Pacific better entry to on-line programs from top-tier establishments worldwide at edX.org

NEW YORK, Nov. 15, 2022 /PRNewswire/ — edX, a number one international on-line studying platform from 2U, Inc. (NASDAQ: TWOU), right now introduced a brand new collaboration with Emeritus, a number one supplier of high-quality on-line programs. edX will supply parts of Emeritus’ catalog of packages to hundreds of thousands of edX learners in particular areas exterior the U.S. and Europe, starting with India. The collaboration will give edX’s rising worldwide group of learners extra entry to related and inexpensive on-line packages from top-tier establishments world wide. Additionally, edX and Emeritus plan to increase this collaboration with Emeritus performing as an area companion in choose worldwide markets supporting the supply of geographically priced on-line packages starting subsequent 12 months.

edX and Emeritus

“Our collaboration with Emeritus will further expand the comprehensive portfolio of world-class educational content available at edX.org and help us serve the millions of learners across India, Latin America, and Asia Pacific who trust edX to connect them with the best in education. We believe this will grow our international business and provide more opportunities for edX learners to advance their careers and transform their lives,” mentioned 2U Co-Founder and CEO Christopher “Chip” Paucek.

India is edX’s second largest market by way of registered learners, after the U.S. Beginning in 2023, the collaboration with Emeritus will present edX’s India-based learners expanded entry to academic alternatives from best-in-class establishments in India that complement edX’s current catalog of 4,000+ choices, from free programs to full levels. Initial Emeritus certificates programs obtainable for edX’s India-based group are anticipated to embrace packages in Data Science, Coding, Digital Marketing, AI/ML, Analytics and Business from IITs, IIMs and main non-public establishments in India.

There is presently a considerable unmet want for accessible, high-quality larger schooling in India, with hundreds of thousands of scholars unable to entry related studying alternatives. Today, solely 8 million college students in India are admitted into faculty annually–far wanting the Indian authorities’s aggressive aim of admitting 25 million college students annually by 2030, in accordance to NAFSA. Simultaneously, India is probably going to face a scarcity of 1.4 – 1.9 million know-how professionals by 2026, in accordance to Deloitte. Greater entry to on-line schooling and versatile credentials and certificates is vital to increasing capability to meet the rising demand from learners, employers, and policymakers.

“At Emeritus, we’re committed to making high quality education accessible and affordable,” mentioned Emeritus co-founder and CEO Ashwin Damera. “We’re excited to help students discover Emeritus’ courses through the edX platform to continue to expand the impact of education on learners in India, APAC and around the world.”

Emeritus is acknowledged for its distinctive mannequin of state-of-the-art know-how, curriculum innovation, and hands-on instruction from senior college members, {industry} professionals, and coaches. Together with their world-class college companions, Emeritus creates cohort-based packages that characteristic asynchronous lectures, assignments, dwell occasions, and group networking. The firm shares edX’s mission of increasing entry to high-quality larger schooling to everybody, in all places. 

About edX

edX is the schooling motion for stressed learners and a number one international on-line studying platform from 2U, Inc. (NASDAQ: TWOU). Together with nearly all of the world’s top-ranked universities and industry-leading corporations, we convey our group of over 46 million learners world-class schooling to assist them at each stage of their lives and careers, from free programs to full levels. And we’re not stopping there — we’re relentlessly pursuing our imaginative and prescient of a world the place each learner can entry schooling to unlock their potential, with out the limitations of value or location. Learn extra at edX.org.

About Emeritus

Emeritus is dedicated to instructing the abilities of the longer term by making high-quality schooling accessible and inexpensive to people, corporations, and governments world wide. It does this by collaborating with greater than 60 top-tier universities throughout the United States, Europe, Latin America, Southeast Asia, India, and China. Emeritus’ on-line programs, bootcamps, diploma packages, skilled certificates, and senior government packages assist people be taught new expertise and rework their lives, corporations, and organizations. Its distinctive mannequin of state-of-the-art know-how, curriculum innovation, and hands-on instruction from senior college, mentors, and coaches has educated people throughout 80+ nations. Emeritus was not too long ago awarded the “Online Education Solution of the Year” by 2022 EdTech Breakthrough Awards. Founded in 2015, Emeritus, a part of Eruditus Group, has places of work in Mumbai, New Delhi, Shanghai, Singapore, Palo Alto, Mexico City, New York, Boston, London, and Dubai. Learn extra at emeritus.org.

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Cautionary Language Concerning Forward-Looking Statements

This press launch incorporates forward-looking statements relating to our future business expectations, that are topic to the secure harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are topic to various dangers, uncertainties and assumptions that would trigger precise outcomes to differ materially from the outcomes predicted. These dangers and uncertainties are extra absolutely detailed below the heading “Risk Factors” in our Annual Report on Form 10-Ok for the 12 months ended December 31, 2021 and different experiences that 2U has filed with the Securities and Exchange Commission. Moreover, 2U operates in a really aggressive and quickly altering surroundings. New dangers emerge from time to time. It shouldn’t be doable for 2U administration to predict all dangers, nor can 2U assess the impression of all components on its business or the extent to which any issue, or mixture of things, could trigger precise outcomes to differ materially from these contained in any forward-looking statements 2U could make. In mild of those dangers, uncertainties and assumptions, the forward-looking occasions and circumstances mentioned on this press launch could not happen and precise outcomes might differ materially and adversely from these anticipated or implied within the forward-looking statements.

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