Not just another online video course provider
Jolt believes a true alternative to the current higher education system would have the networking opportunity, credentials and opportunity to learn life skills that come from completing traditional academic degrees and will not simply be an online version of the lecture hall and seminar room.
Instead of investing in costly infrastructure, Jolt builds interactive, engaging futuristic classrooms within existing co-working spaces. It uses technology to connect lecturers from all over the world to its students, via live video and the Jolt app. Lessons are offered outside of working hours, meaning students can complete their studies without having to cut their earnings, and all of this means Jolt is cheaper than traditional higher education courses.
A Jolt NAMBA (Not an MBA) program, for instance, costs £175 a month. This is more than six times cheaper than traditional UK MBAs, which average a whopping £30,000 and a staggering 18 times cheaper than London Business School. This is before you factor in the loss of earnings caused by traditional, inflexible two or one-year courses.
With Jolt, students only accumulate (and pay for) the classes they need to do to build their own diploma and if they don’t want to complete the full program, they don’t have to. The lessons additionally revolve around the practical application of skills, debates and discussions, role-playing and other interactive tasks, making them more immediately useful in a student’s day-to-day career.
This flexibility and price have led to a student satisfaction rate 40% higher than traditional MBAs.