Kaplan Financial Education launches At-Risk Reporting, the industry’s first solution to use predictive analytics to identify exam-takers requiring intervention

July 30, 2018

LA CROSSE, Wis.--(BUSINESS WIRE)--Jul 30, 2018--Kaplan Financial Education launched At-Risk Reporting, a new process using predictive analytics to measure and identify test takers who are likely to fail, allowing for early remediation to improve pass rates. Kaplan, recognized for 47 years as the pioneer in exam prep and leader in securities licensing, offers classroom, online and blended exam prep programs to more than 90,000 successful candidates annually.

“The At-Risk Report is the first of its kind and a major step forward in the evolution of exam preparation performance,” said Michael Terzis, Vice President of Data and Analytics at Kaplan. “This innovative reporting tool offers organizations a rigorously tested model that measures a candidate’s cumulative risk based on pace of completion and overall performance within their course. Administrators will spend less time sifting through learning metrics and more time interacting with candidates, guiding them to success.”

As candidates progress through each key milestone of exam preparation programs, the At-Risk Report places them in one of three categories:

Red (At-Risk): If a candidate needs administrative intervention to get back on track, a plan is developed to do so. Yellow (Borderline): The candidate may need some remediation to get back on track, and corrective steps are recommended. Green (On-track): The candidate is doing well and does not need assistance.

Kaplan reports a 90% or better predictive accuracy for those that are in the “On-track” category. Kaplan’s predictive model is also used to rank the remaining candidates to allocate clients’ training time for those closest to passing, or those who are at the highest risk of failing and need immediate remediation.

For more information on At-Risk Reporting, go to: https://www.kaplanfinancial.com/securities/corporate-partnerships/

Note to editors: screen shots of At Risk available upon request.

About Kaplan Professional

Kaplan is a leading international provider of training and education services operating in more than 30 countries and working with over 10,000 corporations and businesses globally. Kaplan Professional helps professionals obtain and maintain in-demand certifications, licenses and designations that enable them to advance and succeed in their careers. Through live and online instruction, Kaplan Professional provides test preparation, licensing, continuing education, and professional development programs to businesses and individuals in the accounting, engineering, insurance, securities, real estate, financial planning, and information technology industries.

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SOURCE: Kaplan Financial Education

Copyright Business Wire 2018.

PUB: 07/30/2018 10:01 AM/DISC: 07/30/2018 10:01 AM


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