There are two distinct market segments in the enormous LMS market. The first refers to Corporate and Academic Learning Management Systems. Despite the obvious differences in approach, the common solution provides a way to bring them closer than many realize. Ultimately, both types of systems share a common conceptual framework. As part of this approach, you will be able to organize, perform, and recognize learning in both environments. We soon encounter several immediate differences beyond this basic foundation, and to identify the potential point of convergence, it is vital to understand the extent to which these differences exist.
Each of these platforms has a unique way of presenting education. A clear example of this is how the LMS presents itself and how learning takes place in every environment. In an Academic LMS, students have access to a variety of learning paths that are not available to corporate users. Alternatively, this could be any Degree in Business, focusing on the specifics of the coursework and the grades. Employee training consists of learning related to particular positions, groups, regions, and other factors. An educational LMS is meant to establish a solid understanding of a specific learning path, whereas employee training is defined more by ROI (Return on Investment).
Several of the terms are the same in these two types of LMS, but their implications are very different. We will take a look at some major terminology for each system type, as well as describe the differences in writing.
Terms used in Educational LMS
Syllabus: A general overview of the course, with links to related resources.
Courses: A course is an overall curriculum with a set duration, requiring several classes.
Classes: Methods of teaching and learning that rely on instruction and defined learning blocks.
Grading: Grades play a crucial role in education. A teacher or administrator can use the tests to gauge the correctness of each student and calculate an average. By doing so, the teacher or administrator can create a comprehensive profile of each student.
Terms used in Corporate Terms
Calendar: The work comes first, and the training comes second to enhance career activity and functionality. As such, the administrative perspective emphasizes the importance of tracking workloads. Consequently, this influences the design of courses.
Courses: Organizations today no longer offer courses that last several weeks, but a few days, for a specific duration, or e-learning modules that must be completed within a set period.
Classes: When one instance of a course includes only one class, it is commonly called “course”.
Certifications: Rather than grades, employees are evaluated based on their certification outcomes. Certification qualifies you for certain jobs.
Duration of Studies
This is one noticeable big difference. As students need semesters, which are quarterly. Whereas, employees need learning programs that may vary from one day to a week or month. Although, corporate LMS will need employees to use LMS frequently as they will continually need to develop and update their skills. But students on the other hand will come and leave as they are done with their course.
As far as LMSs are concerned, they define grade levels and correspond to a full year of usage. An instruction course in business might consist of 3 hours of training with an assessment at the end. Educational courses, on the other hand, refer to a variety of courses, as well as their supporting materials.
The goal of an academic program is to give students a firm base upon which they can build their careers. When it comes to business, one usually wants to implement new materials in a standardized and disciplined way, revise policies, and develop an action plan which can be repeated. Educators reinforce this concept in a classroom setting through assessment, and peer exchange. Business-wise, this is more of a self-study exercise.
If your organization is primarily focused on grades and training, academic LMS is probably the right choice for you. Academic LMSs make managing grades and testing easier for teachers. Students can also view all their course materials in one place if they are taking several courses.
If you want to manage certificates, train your staff, and enhance efficiency, you should consider a corporate LMS. You can also use a corporate LMS if you are interested in providing training to your customers. Following your selection of the category that is most suited to you, start looking at product reviews and pricing. For instance, you can search for ‘Paycom reviews’ and find out about its uses for academic as well as corporate learners. But make sure to research before you buy an LMS for your needs.