The Smartly Master Plan: Elite to Open, and Everything in Between

We want to prove to the world that education can be effective and successful when free and online.

Smartly has the overarching mission to innovate in education, and in that spirit we recently launched a free online MBA degree. From time to time, people ask us: “Why are you starting with an ‘elite’ degree? Why be selective when you could open up the opportunity to those who have difficulty accessing education?” We do strongly believe in democratizing education, and this is a question we’ve thought about deeply.

We just can’t help but borrow a page from Elon Musk and Tesla here. Musk spelled out the playbook of starting with the powerful Roadster sports car to show the world that electric cars could actually rival high-end gasoline cars, and then scaling the business, working his way down the marginal cost curve and building more and more affordable cars.

We were inspired by the idea of proving a disruptive approach at the top and working step-by-step to spread the benefits to everyone. We want to prove to the world that education can be effective and successful when free and online. In that spirit, the MBA is our flagship program to demonstrate the power of Smartly to rival some of the best educational institutions in the world. We restricted the first cohort of our MBA program to students similar to those one would find at top brick & mortar programs to show parity in student outcomes. Keep in mind that we are doing this while offering the MBA for free! We are proving the disruptive power of Smartly at the top, all the while adding programs for more and more audiences, including programs that are open as well as free.

While our pedagogical plan is to branch deeper and deeper into additional degrees, certifications, and courses, we’re also going to continue innovating how education is funded. We are soon launching a hiring engine that pushes the cost of education to the companies hiring newly-skilled graduates. Beginning with our MBA students, companies can browse and hire top business talent, and the recruiting fees these companies pay fund the MBA program. Our interests are aligned with those of our graduates: we are only paid when they are achieving successful outcomes, and not with an upfront tuition. This benefits all parties: the student, the employers, and the government guaranteeing these loans (just maybe not the banks). As we add additional programs, we will continue to innovate different models of funding education with the belief that it can be free, open, and online. Smartly is not just another online university, but a whole new approach to education.

The Free MBA Has Landed

We’re excited to announce that Smartly’s groundbreaking free MBA program will open its doors to our first student cohort this week!

 

We’re excited to announce that Smartly’s groundbreaking free MBA program will open its doors to our first student cohort this week!

From the moment MBA applications opened earlier this year, we were overwhelmed by the positive response. Of the thousands of students who applied, we were only able to accept 7% to our first class. We plan to accept students to additional cohorts later this year. 

Our students hail from top undergraduate and graduate schools, drawing from diverse backgrounds spanning engineering and finance to humanities and the performing arts. Many have careers in business-oriented fields like consulting and banking, while others are entrepreneurs, lawyers, and even veterinarians. We have roboticists from Tesla and Amazon (the company), the founder of a tea company that gives revenue back to indigenous farmers in the Amazon (the jungle), and even a student who has beaten cancer twice!

The Smartly MBA is composed of 42 core courses equivalent to the subjects taught in a traditional MBA degree. Courses are organized into 9 concentrations, including Business Foundations, Accounting, Finance, Data & Decisions, Markets & Economies, Marketing & Pricing, Strategy & Innovation, Leadership & Management, and Supply Chain & Operations Management, with optional electives for further study.

Students who finish the program will receive an MBA licensed through the Washington, DC Office of the State Superintendent of Education. When they graduate, students will be matched with employers around the US, opening up job opportunities that make use of their newly-minted skills. 

We’re passionate about expanding access to impactful education here at Smartly, and we believe that a free, high-quality MBA is an important step in this journey. Thanks to all of our learners who have supported and inspired us in this endeavor. We can’t wait to show you what’s next!

Why I Turned Down a Top Business School

For years, Chris was convinced that gaining an MBA from a top business school would lead to guaranteed success and happiness. In the end, he turned his acceptance down.

 

The following is a guest post from Chris Queen, a Smartly MBA graduate and small animal veterinarian living and working in Dubai. Chris is a massive, self-proclaimed nerd, interested in the power of technology, including virtual and augmented reality, to revolutionize education. When he isn’t caring for pets or writing, he can be found running, swimming and cycling towards his next Ironman race or jumping from a perfectly good plane in the name of skydiving. Chris’ blog can be found at www.thenerdyvet.com and he can be found on Twitter at @thenerdyvet

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For years, I was convinced that gaining an MBA from a top business school would lead to guaranteed success and happiness.

After all, they take in ambitious, creative, entrepreneurial types and spit out brand new Masters of the Universe at the other end, all guaranteed to progress on to business success, right?! Cue the all too familiar gauntlet of GMAT tests, poring over school brochures and websites, campus visits, ‘meet-and-greets’, and the endless hours of application preparation and submission, each costing on average about $150. In total, I have easily spent in excess of $4,000 simply getting to the stage of hitting the ‘submit’ button on various applications.

I am a small animal veterinarian and I’m at the stage in my career, and life, where I am acutely aware of the question, “Where am I going next?” Not completely enamoured of the usual, predictable and ‘safe’ options, and, to be perfectly honest, somewhat disillusioned with much of my current profession, I looked towards an MBA as being the answer. I have entrepreneurial ambitions, specifically within the tech sector, and so it seemed logical that formal business training, with the plethora of additional advantages that attending a top school offers, was exactly what was called for. I know for a fact that I would find the experience of spending 1-2 years in a major seat of learning and culture with equally ambitious sorts from all corners of the globe a wonderful one indeed. And so it was that my journey to business school began.

Coming from a non-traditional ‘quantitative’ career such as veterinary medicine, I was keen to bolster my familiarity with the core MBA curriculum and came across the Smartly app. Instantly drawn into the simple, immersive, bite-sized, and beautifully presented lessons that had a fun, game-like feel I found myself a dedicated user, powering through all of the available lessons and eagerly awaiting any new material developed by the Pedago team. It was, therefore, an easy decision to put my hand in my pocket and pay for the service* when the full version went live. It was that good!

Fast forward to earlier this year: I finally had that which I had been fixated on for so long: an offer from a top school! So what I did next took a lot of thought…

I turned my acceptance down!

The principle reason for this huge decision was simply the prohibitively inflated cost of studying for an MBA, with my projected expense easily looking to be in the region of $120,000 once the $90,000 of tuition was added to reasonable living expenses. Whilst it is no secret what the cost of an MBA is when students apply, such numbers seem unreal until such time that you are staring at a loan agreement. ROI uncertainty and the realities of staggering debt to pursue my dream aside, I had to really ask myself if there was another way to obtain the same level of top MBA knowledge without bankrupting myself. Smartly once again came onto the scene offering a full MBA degree, with its clear curriculum, simple and intuitive interface and impressive catalogue of ever-expanding content. Oh, and it’s significantly more attractive price tag! With my application submitted I now eagerly await their decision on whether I shall be one of those admitted to their new online MBA.

Sexual harassment in the workplace: A story of silence

Ellen shares her story and hopes it gives you a voice to speak up and incentive to bring in essential sexual harassment training to your working environment.

 

The following is a guest post by Ellen M. Zavian, a sports attorney and professor at the George Washington University in Washington, D.C. Ellen teaches courses in Sports Law, Entrepreneurship and Leadership and Sports Marketing and has written columns for Conde Nast, Time, USAToday and NFL Insider.

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There are many factors that can trigger sexual harassment in the workplace that are beyond a company’s control. Nevertheless, it is imperative for companies to create and ensure a safe working environment. Many of those seemingly harmless comments or inappropriate behaviors could be avoided, and victims could be empowered with the right knowledge on how and when to take action.

As the first woman to represent NFL players as an attorney, I received many sexual comments over my career, but I can tell you very little about what I’ve experienced because to name names would not do anyone good, especially me. As an independent contractor, I did not have the luxury of being protected by the many employment laws that protect men and women from such conduct.

When I was working at a law firm, one of the partners clearly crossed the line. Instead of filing, I left the firm.  Another time, when interviewed for a team position, the head coach told me, “It would be too distracting to have you around the office.” I withdrew my name from the pool of candidates. Eluding these situations was probably not the best strategy.

As I matured, my skin got thicker, and my ability to confront comments quickly or diminish them with humor became sharper.  It is this sense of confidence and humor that got me through many other questionable times. For example when i was representing the women softball players and the attorney for the American Softball Association was making fun of the women because they were complaining about having to wear male structured catcher equipment (which left little room for their breasts), I gave him an athletic cup (youth size) and told him to wear it for a day. Needless to say, we won that point and got the women proper fitting equipment (which included a helmet with a hole for their ponytail!).

It is for this reason, I wanted to share my story of silence with you… I hope this gives you a voice to speak up and incentive to bring in essential sexual harassment training to your working environment today. This question remains: how do we communicate this information effectively, achieving a greater goal than that of merely legal compliance? We must first look for tools and mechanisms to effectively transmit information to employees and then optimize understanding and awareness so that everyone in the workplace can feel confident and empowered to speak up and take action in circumstances like mine.

To see corporate training solutions for your company, visit https://smart.ly/corporate-training.

Georgetown University’s McDonough School of Business adopts Smartly

Georgetown University’s McDonough School of Business adopts Smartly to teach all incoming MBA students business fundamentals.

Today, we’re proud to announce that Georgetown University’s McDonough School of Business adopts Smartly, a new mobile learning platform, to teach all incoming MBA students fundamentals of Accounting, Statistics, Economics and Finance

Washington, D.C.: Pedago, a new innovative mobile learning solutions provider to educational institutions, companies and individuals, announced today that its flagship platform Smartly has been adopted by Georgetown University’s McDonough School of Business to teach key subjects, including Accounting, Statistics, Economics and Finance, to the incoming MBA Class of 2018 before students even arrive on the Georgetown campus.

McDonough selected Smartly after extensive evaluation by faculty and existing students. McDonough recruits outstanding students from around the world, regardless of whether they have studied business as undergraduates. Selected preparation courses are designed to allow McDonough to provide the proper foundation for all of students so they hit the ground running when they begin their opening term with Structure of Global Industries and Financial Reporting Fundamentals courses.

“Smartly is a next-generation approach to online and mobile learning,” Prashant Malaviya, Senior Associate Dean, MBA Programs at McDonough, said, “and we are delighted to be able to offer our foundational courses to incoming students in this format.”

Students will be able to access Smartly’s MBA Preparation Program through a McDonough-branded web-portal and mobile app that provide access to a curated list of six courses that prime students in key areas needed to succeed in the internationally recognized MBA program. Faculty receive access to an extensive reporting tool that allows them to track student progress and better identify patterns associated with the class as a whole.

“We’re excited to have this new relationship with Georgetown University’s McDonough School of Business. The business school is known for its excellent faculty and smart students, and it’s a validation for Smartly,” said Pedago co-founder Tom Adams. “And as we’re also based in D.C., we’re hoping this evolves into a broad partnership.”

About Georgetown University’s McDonough School of Business
Georgetown University’s McDonough School of Business, the premier destination for global business education, provides a transformational education through classroom and experiential learning, preparing students to graduate as principled leaders in the service to business and society. Through numerous centers, initiatives, and partnerships, Georgetown McDonough seeks to create a meaningful impact on business practice through both research and teaching. All academic programs prepare students to be “global ready” by providing a global perspective, woven through the undergraduate and graduate curriculum in a way that is unique to Washington, D.C. – the nexus of world business and policy – and to Georgetown University’s connections to global partner organizations and a worldwide alumni network. Founded in 1957, Georgetown McDonough is home to some 1,400 undergraduates, 1,000 MBA students, and 1,200 participants in executive degree or custom programs. Learn more at http://msb.georgetown.edu. Follow McDonough on Twitter: @msbgu.

About Pedago LLC and its platform Smartly
Pedago revolutionizes online education with interactive courses and lessons that make learning effective and fast. Co-founded by Tom Adams, Alexie Harper, and Ori Ratner in 2013, Pedago is on a mission to reinvent online and mobile learning. Inspired by a desire to bring Active Learning practices to an educational technology sector dominated by passive video lectures, Pedago makes learning dramatically faster and more effective with highly interactive lessons available on any device. Pedago is based in Washington, D.C. Pedago’s first platform is Smartly, a learning platform that is transforming business education. Developed in partnership with experts from leading business schools, Smartly offers a broad range of carefully-crafted business courses, designed to make learning fast, convenient, and effective.

*Image courtesy of Georgetown University McDonough School of Business

Statistics is music to our ears

Two Smartly content authors join forces to give you this sweeping ode to statistical correlation: The Correlation Song.

Here at Smartly, we’ve purposefully built a team of polymaths: our business knowledge and experience extend from corporate governance to market research to advanced statistics and beyond. Our educational backgrounds are equally broad: we’ve got a Ph.D. linguist and a Ph.D. mathematician cum classicist, a philosopher, a handful of historians, a quartet of computer science wizards—the list goes on. We even have a Ph.D. archeologist (Indiana Jones, anyone?).

So I guess it’s no surprise that our team’s other skills and interests also run the gamut: from marketing associate Karina’s expertise in fashion to co-founder Alexie’s mastery of Italian to content creator Ray’s homemade doll houses.

For Ellie and I (both members of the content team), our other skill is music: Ellie as a shredding bassist and gifted singer on the San Fran scene, and I as a Latin Grammy-nominated recording engineer and composer (hi, Mom!) based in LA.

Last week, we joined forces to give you this, The Correlation Song. Ellie, our top statistics author/editor, was so inspired by her love of stats that she wrote and sang this sweeping ode to correlation. I am honored to have simply helped bring the track to life. We hope you enjoy these warm—and educational!—vibes from the West Coast. And don’t hesitate to share this song with others: being social and being successful are strongly correlated.

P.S.—Make sure to check out our course Two-Variable Statistics, the inspiration for this dope cut.