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Financial analysis for professional test centres in Greece

Published Online:pp 266-283https://doi.org/10.1504/IJTEL.2011.040224

E-learning and e-certification are two educational activities that changed the way of studying worldwide. Particularly, information technology skills are certified through computer based tests (CBT) in specific professional test centres (PTCs). This paper presents a financial analysis of the PTC branch. Moreover, it examines the feasibility of a case study investment in this market. The proposed valuation framework explores the correlation between cost effectiveness and the quality of e-learning and e-certification. It is a useful tool that can be used in any case of e-learning or e-certification.

Keywords

computer-based tests, computer-based certification, e-learning, e-certification, financial analysis, return of investment, ROI, Greece

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