RealTime IT News

GM Dives Into E-Learning

General Motors Corp. established an e-learning alliance with online education company UNext in a deal that gives the automaker's 88,000 executive, management and technical employees access to educational programs, including an MBA degree.

The online MBA program will be available through GM's own corporate education facility, General Motors University (GMU), which will provide students access to Chicago-based UNext's Cardean University.

Cardean offers online courses developed with Columbia Business School, Stanford University, the University of Chicago Graduate School of Business, Carnegie Mellon University, and the London School of Economics and Political Science.

Cardean University is a wholly owned subsidiary of privately held UNext. Cardean experts collaborate in the course creation process with faculty members from consortium schools and other experts.

General corporate training and education programs also will be offered.

Financial specifics of the deal were not disclosed, but GM said that it will receive an disclosed number of warrants to purchase an equity interest in UN ext as part of the deal.

"This program is another significant step in GM's e-business transformation," said Katy Barclay, vice president at GM Global Human Resources. "As our latest business-to-employee leadership initiative, the UNext alliance will provide widescale delivery of management and development tools that employees need and want in this rapidly changing industry."