Today I attended this presentation on research conducted by the Nous Group with Studiosity, on a meta analysis of the effectiveness of Studiosity and a methodology of converting that data into a return on investment figure in cold, hard cash. I’m not sure how confidential this is, so I won’t go into any great detail here, but I expect the report will be on Studiosity’s website in time. I believe this study looked at data from the whole of the one million students who have now used Studiosity.
The screenshot above shows some headline performance measures, including that students who used Studiosity had a 6-16% higher rate of programme retention, got grades that were 15% higher, and 88% reported increased confidence in completing their assignments. I am hoping I will soon be able to put a slide of this nature together showing the performance impact at Sunderland.
The second part of the presentation was on converting this data to a return on investment measure. Assuming that you can show improvements in retention, progression and attainment after adopting Studiosity, there is a big open question on how much weight you can attribute this improvement to Studiosity, and how much is attributable to other factors. Nous presented their ROI calculations based on a number of assumed percentages to address this.