All the e-Learning ROI Calculators You'll Ever Need

E-learning ROI is back in vogue thanks to the wasted spending of the late 1990's and a soft economy. If you are try to justify your current budgets or trying find new money, odds are you'll want to run some financial analysis by your CEO, CFO or other decision makers.

The calculators below will help you to make the case. They don't provide information on getting the raw data or how to interpret the results, but keeps you from finding the formulas and doing manual calculations. Since, they're in Excel, feel free to download them, modify them to your liking and use free of charge.

- Cost Comparison (MS-Excel)
- Break Even Analysis (MS-Excel)
- Cost-Benefit Ratio (MS-Excel)
- Return on Investment (MS-Excel)
- Internal Rate of Return (MS-Excel)

$102 Billion Spent on Learning Market; About $10 billion on corporate e-learning

Eduventures has released their seventh annual report on the education industry. Despite the doom and gloom attitudes of late, there are billions of dollars being spent in this market. Highlights include:

- Overall learning marketplace valued at $102 billion in 2001 (annual growth of 2.6%)

- pre-K-12 market is estimated to be $58 billion in revenues, mostly from preschools; postsecondary market is $16.5 billion and is fastest growing segment

- Corporate market is $27.4 billion in revenue with 60% still instructor led; this market declined by 4% in 2001, declined by 2.5% in 2002, and is predicted to return to growth in 2003. E-learning subset will continue with double digit growth.

Click here to get Learning Markets & Opportunities (requires free registration to get access).

On a personal note...

The Thanksgiving holiday is here upon us in the United States which means my wife and I are busy planning and shopping -- and wishing we had a second oven.

I love to cook, especially anything new or different. For some fantastic Thanksgiving day appetizers, which are also really easy to prepare, check out these recipes at:
http://www.foodtv.com/foodtv/episode/0,6283,HCSP03,00.html

Here's to living and learning (and being thankful),

-- Kevin

Kevin Kruse is the e-learning columnist for CLO, Chief Learning Officer magazine, author of Technology-based Training (Jossey-Bass), and Principal with Kenexa. He can be reached at kkruse@e-learningguru.com.