Millennials and the Future of Employment: Data, Analytics, and DemographyTrack: Program InnovationLevel: Applied

Including: Accelerated CE Makerspace Big Data Program Success Case Jim Fong | Dr. Anne-Marie Brinsmead

The Internet of Things (IOT)

Advanced materials, biotechnology and

genomicsAdvanced

manufacturing and 3D printing

Advanced robotics and autonomous

transport

Crowdsourcing, the sharing economy and

peer-to-peer platforms

Artificial intelligence and

machine learning

Advances in computer power and big data

Mobile Internet and cloud

technology

New energy supplies and technologies

Technological Drivers of Change in the Workforce (2016 Future of Jobs Report)

Business Insider: “10 million self-driving cars will be on the road by

2020.”

Oppenheimer: “Most homes will have robots by 2025.”

http://www.mckinsey.com/industries/automotive-and-assembly/our-insights/ten-ways-autonomous-driving-could-redefine-the-automotive-world

One Example of Change: Self-driving cars are happening now…

These Companies Aim to Put Autonomous Vehicles on the Road by 2020

For jobs related to Autonomous Vehicles, there

are thousands of job postings per job-seeker

Increasing Job-Seeker

Interest

Increasing Need For Related

Education

https://www.google.com/trends/explore?q=self%20driving%20carshttp://www.indeed.com/jobtrends/q-Autonomous-Vehicle-q-autonomous-driving-q-self-driving-cars-q-Automated-Driving.html

Interest In Autonomous Vehicles = Growing Rapidly

What’s the Impact on Education? More Engineering and Business Degrees + Other Technical Credentials

• Bachelor’s and Master’s degrees in engineering and businesswill remain in high demand due to growth and salary.

• More public-private partnerships– Uber + Carnegie Mellon, California + Google/Others, University of

Michigan + NAVYA

• New degrees in transportation planning and automation– Fields related to location analysis, sensors/signal processing, and

traffic planning

• New degrees or certificates could evolve around energy sources fueling our autonomous vehicles, especially electric

• Creation of certificates or badges to increase technical literacy in non-technical fields

Who Will Fill These Needs? Millennials and Gen Z’ers

7.9m, 22% 84m, 26%

9.6m, 27% 75.4m, 23%

18.5m, 51% 165m, 51%

Canada US

Population Statistics

Gen Z Millennials Others

http://www.slideshare.net/Ologie/engaging-and-cultivating-millenials-gen-z

Born after 1995Gen Z

• Digital Natives and Multitasking Experts

• Creators and Collaborators

• Future Focused

• Realists

• Current and future students

Born Between 1981 and 1995Millennials

• Tech savvy, proficient multitaskers

• Curators and Sharers

• Communicate well with text

• Focused on the “Now”

• Optimists

• Current students and recent alumni

U.S. Cost of Living Comparison 1975 vs. 2015 (Adjusted for Inflation)

http://www.mybudget360.com/cost-of-living-compare-1975-2015-inflation-price-changes-history/

How Have Millennials Reacted to Rising Costs?When adjusted for inflation, the costs of a new car, a new house, and a four year education have increased dramatically.

They Decrease Use…

https://www.cnet.com/roadshow/news/fewer-and-fewer-people-getting-drivers-licenses-in-the-us/http://www.doctorhousingbubble.com/rise-and-fall-homeownership-rate-housing-real-estate-ownership-over-time/

How Have Millennials Reacted to Rising Costs?

Employment Rates for Americans and Canadians Between 25 and 34

Household Income for 25 to 35 Year-Olds Since 2000, by Country

But What About Education?

https://www.theatlantic.com/business/archive/2016/01/canadian-millennials-winning/423510/

Not only are Canadians more equipped to pay off loans, but their loans are significantly smaller on average (though they are rising).

http://www.huffingtonpost.ca/2016/05/30/student-debt-mental-health_n_10208520.html https://studentloanhero.com/student-loan-debt-statistics/

$37,172

$26,819

US Canada

Average Student Loan Debt

Economic Landscape and Student Debt

Canada’s post-secondary enrollment has begun to stagnate in response to increasing student debt.

The US has seen a drop in post-secondary enrollment rates despite higher high school graduation rates. Climbing tuition costs and student debt likely contribute to the decrease. 4 year for-profit schools have taken the largest hit, followed by 2 year public schools.

All Sectors

http://www5.statcan.gc.ca/cansim/a47

In Response, College Enrollment Rates are Suffering

-1.5%

0.4%1.3%

-9.7%

-3.3%

-0.8%

0.8%

2.0%

-4.9%

-2.9%

-1.2%

0.7%1.6%

-0.4%

-4.4%

-1.9%

0.9%

-0.2%

-4.9% -4.8%

-1.7%

0.8%

-0.3%

-13.7%

-2.9%

-1.3%

0.6% 0.7%

-9.3%

-2.8%

-1.4%

0.2%

-0.6%

-14.5%

-2.6%

-16%

-14%

-12%

-10%

-8%

-6%

-4%

-2%

0%

2%

4%

Fall 2013

Spring 2014

Fall 2014

Spring 2015

Fall 2015

Spring 2016

Fall 2016

All Sectors 4 year Public 4 year Private Nonprofit 4 year For-Profit 2 year Public

US College Enrollment Rates (Percent Change from Pervious Year)

https://nscresearchcenter.org/currenttermenrollmentestimate-fall2016/

1.2%

0.3% 0.1%0%

2%

4%

Canada University/College Enrollment Rates (Percent Change from Previous Year)

Fall 2013

Fall 2014

Fall 2015

2017 Blackboard/UPCEA Report: How interested are you in earning an educational, professional, or skill-based certificate or badge in the future?

11%

10%

10%

5%

4%

8%

5%

8%

8%

24%

19%

15%

14%

16%

30%

31%

32%

36%

42%

27%

34%

34%

37%

36%

36 to 40

31 to 35

26 to 30

21 to 25

18 to 20

Very uninterested Somewhat uninterested Neither interested nor uninterested Somewhat interested Very interested

Effects:

• For-profit colleges will benefit

• Tuition will likely rise

• Could lead to further drop in enrollment

• Further proliferation of alternative credentials?

How Else Could the Education Landscape Change? New Leadership in the US

Betsy DeVos, Secretary of Education

• School privatization activist

• Favors less regulation of for-profit colleges

• Could change financial aid regulations if Higher Education Act is amended and reauthorized

Jerry Falwell Jr., President of Liberty University, leader of a presidential task force on education

• Aims to stop regulations from Education Department

• Curb rules under Title IX (bans discrimination in education), calls Title IX “over-regulation”

Millennials’ Demand for Fast & Focused: Big Data Skills in High

Income Sectors in the World Economy

15

Source - Digital Talent: Road to 2020 and Beyond. A National Strategy To Develop Canada’s Talent In A Global Digital Economy. ICTC 2016

Teaching Skills Desired by Technology IndustryDemand for real-time intelligence, predictive analytics, risk management and machine-to-machine connectivity is leading the global drive toward digital adoption. Over the next five years, these and other technologies will reshape the N. American andglobal economies by engineering new economies of scale. The ICT sector and its associated subsectors and technologies will

continue to experience exponential growth and will pay high salaries for Millennial and GenZ talent.

Big Data Programs meet Knowledge Blended with Labour Market Needs:

• Just in time, dynamic course content/curriculum updates: semi-semester, Program Advisory Committee regular meetings

• Curriculum building includes learner and graduates’ feedback

• Every job is tech related! Customised to reflect at-the-moment professional sector needs.

• Peer-to-peer learning, simulations

• Open enrollment is inclusionary: non-selective and non-competitive to break barriers in participation

• Assessment: open book, activity-based reflecting job environment

• Devaluing the myth “CBE is only for colleges – universities don’t do CBE!”

• Social protocols, soft skills & workplace culture entwined in learning

Big Data Certificate: Layered Competency-Based Curriculum

16

Big Data Fast Track: Deep Learning through High Touch Approach17

In a Lab Makerspace, with simulations fully reflecting work

environment complexities

Facilitating learning: teaching learners how to teach

themselves after program

Peer-to-peer collaboration

Virtual coach by text & Skype

Instructors, big data experts as teaching assistants, director oversight and labs’ manager

Labour market, soft skills advising: market research, advances in the profession

Activity-based, immersive technologies weekly in lab

Ryerson approved tutor available at cost

Image taken from: UBC Housing site http://vancouver.housing.ubc.ca/

Millennial Delivery Models: Multiple Routes to Completion

• 3 courses for first 7-week period: 6 hours per course per week (5-11pm)

• 3 courses for the second 7-week period: 6 hours per course per week (5-11pm) – complete in 14 weeks

Evening Accelerated

• 2x per week per course for 7 weeks

• 2 courses = 4x per week in-class – complete in 3 semestersEvening Condensed

• 14 weeks for entire program delivered in daytime

• 3 courses in the first 7-week and 3 courses in the second 7-week period

Fast-Track

18

All Delivery Modes: Learners’ Feedback19

54%

68%

90%

92%

94%

94%

Graduate & Teaching Assistants in lab sessions foreach class meeting

University-sourced tutor (available at cost)

Weekly hands-on skill mastering in lab sessionsduring each class meeting

Expert practitioner instructors

Virtual tutor accessible by email for assignments

Computer at each class meeting in a labconfigured and loaded with the required…

Average Importance Ratings: Student Support

66%

70%

74%

76%

90%

92%

94%

Academic standards were strong

I feel the program prepared me for various positions in the data analytics field

I would recommend this fast-track program to my family and friends

I have received value for the money spent on the course(s)

The program supported my career-related expectations

Learning in a fast-track program allowed me to acquire hands-on, applied dataanalytics skills

I received empathetic, adult learner-friendly support from the Program Director& Data Analytics Liaison

Fast Track Program Aspects: Average Agreement RatingsLearn-by-doing format

and Alignment with

up-to-date employers'

needs: 88% rated

excellent or good

Open Enrollment comment: There are very few programs of this nature and it would have been difficult to cover these

topics on my own. Thisprogram gave me access to important material without

having to compete for a spot.

Student Support comment: A common obstacle for adult-education is that university-

bureaucracy is often in conflict with demanding-work

schedules. Director helps overcome this problem with her

persistent and innovative solutions. I would go as far as to

say that, due to the erratic demands of my workplace, I would not have been able to

complete the program without her.

Does it Work?

Yes: Setup costs moderately higher, but ROI significantly higher: additional student support options, course development and design, new technologies, refreshing course content for currency every term,

admin staff…

Result: High retention, High graduation rates & High Job Rates

One size does not fit all: not every student and every program

0%

8%

0%

1%

22%

7%

Data Analytics, Big Data, and Predictive Analytics

Project Management

Computer Security and Digital Forensics

Dropout Rate: Intensive (Fast-Track) vs. Regular Certificate Model

Regular Intensive

20

0.5

1.8

2.0

2.9

Computer Security and Digital Forensics

Project Management

Completion Span in Years: Intensive (Fast-Track) vs. Regular Certificate

Regular Intensive

Actions/Recommendations

Q&A

Dr. Anne-Marie Brinsmead

Program Director, Engineering, Architecture and Sciences

a2brinsm@ryerson.ca

Jim Fong, M.B.A., M.S., B.S.

Founding Director, Center for Research and Marketing Strategy

jfong@upcea.edu

23

Contact Us