Small is beautiful for learners tackling microcredentials

Microcredentials are not new to the further education market. They have been around for years in a variety of disciplines but due to rising tuition fees and the cost of living crisis, these short online courses suddenly present a more attractive solution for both institutions and students.

The global Micro-credentials Courses Market size expanded rapidly in 2024 and will grow substantially by 2032, according to Business Research Insights‘ analysis.

A YouGov survey of almost 4,000 UK graduates found most of those who paid higher tuition fees are significantly more likely to feel that the cost of their education was bad value for money.

The poll is just the latest symptom of a growing trend where students are increasingly turning away from the traditional three and four-year university programmes in favour of other further education options.

Growth area

Short courses are a great way to build skills and boost expertise. Most of them offer a certificate upon completion, which can add credibility. This is especially helpful for people who lack on-the-job experience in the field they want to enter.

However, not all short courses are equal. The value of the certificate depends on the course itself. So does the cost and time needed to complete it.

There are more short courses than ever before, covering areas such as business, tech, hospitality, and beauty. The best ones teach practical skills that improve employability. These courses are likely to gain recognition and respect within their industries.

Short courses also make upskilling easier by reducing time and cost barriers. Many are designed for remote or flexible learning. This is an advantage over traditional university courses, which often lack such options, even after the global pandemic.

For students who are juggling other responsibilities, the flexibility of short courses can be a game-changer, offering a way to fit learning into busy schedules without sacrificing other commitments. This is particularly important in a world where balancing your professional and personal life can be challenging.

Professional development

It’s not just independent organisations offering short courses, as many companies now run in-house training programmes. These often come with certificates that are recognised outside the organisation.

For employees, this creates a new way to fast-track career development. It also means they can learn while enjoying the stability of a full-time job and regular pay.

In-house courses benefit both employers and employees. For businesses, investing in learning and development helps them stay competitive. High-performing companies often create a culture of continuous learning.

They can foster a sense of loyalty among employees

But as skills become outdated faster, keeping up is a challenge. Microcredentials, included as part of professional development plans, can help. They improve employee retention and job satisfaction.

Digital learning is making these courses even more accessible. Online short courses allow employees to balance learning with their personal lives. This reduces barriers for people who can’t attend in-person classes.

Additionally, companies offering these programmes demonstrate a commitment to employee growth, which can be a significant factor in attracting and retaining top talent. These initiatives can foster a stronger sense of loyalty and engagement among employees, creating a more productive workforce.

Flexible upskilling

Microcredentials are versatile enough to either stand alone or complement existing qualifications. They take less time and cost less than traditional courses. Their modular structure makes them accessible to more people. While not all microcredentials offer the same value, they are an affordable and flexible way to upskill.

These programmes are designed for today’s fast-changing workplace. They help people build or update their skills quickly.

Whether offered by employers or external providers, microcredentials are becoming a key part of modern education as they deliver a clear path for professionals looking to advance or change careers. They also support lifelong learning, empowering individuals to stay relevant in industries where change is constant and the demand for new skills never ceases.

As technology evolves and disrupts traditional roles, these credentials provide an agile way for professionals to adapt and thrive in their careers.