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Jolt (company)

From EverybodyWiki Bios & Wiki






Jolt
TypePrivate
Established2015
Location
Websitewww.jolt.io/
Jolt London Campus
Sarona Campus

Jolt is an international business school with campuses in Israel, London..[1] and New York City. The company also provides lessons in distance learning[2]. Thousands of students a year attend Jolett's campuses[3]. The Financial Times has described the company as Uber of the education sector, implying that it is going to disrupt the world of higher education[4]. The workshops and courses delivered at Jolt are supervised and recognized by the CPD, the British Higher Professional Studies Organization[5].

The course of study[edit]

Jolt offers a unique "business degree" in business administration, NAMBA — ‘Not An MBA’[6][7]. Jolt has developed a platform for its spacial curriculum, which is an alternative to MBA - that teaches start-up methods in business. The company sets up "micro-campuses" in city centers, students purchase in-app lessons or monthly subscriptions, and the courses are guided by experts and senior executives from big companies such as Netflix, Google and Amazon[8].

In order to build the business program, Jolt assembled an academic committee, made out of tech executives who work for companies like Google, Microsoft, Amazon and Tesla and are alumni of schools like Harvard, Wharton and Stanford.

Students meet on campus, or in a distance learning format, and the expert teacher joins the video live. Applicants must have a BA + two years of employment experience, or 4 years of employment experience without a BA.[9].

History[edit]

Jolt was founded in 2015 by CEO Roei Deutsch, CTO Nadav Leshem and COO Nitzan Cohen-Arazi. It started as a marketplace for lectures within the B2B sector. In 2017, the first direct to consumer, student-focused campus was launched in Tel-Aviv, delivering world-class content to the public. The second campus opened only a few months later, leading to two London campuses in Soho and Liverpool Street[2][10].

By early 2020, the company had raised roughly $23 million for global expansion and the establishment of 25 campuses worldwide[11]

In March 2020, with the outbreak of COVID-19 in Israel, the company responded quickly and launched another product called "Jolt Remote", which allows students to learn from home as well[12][13]

On November 2020, the British government joined forces with Jolt to train young British citizens towards working in tech industry, as part of the "Kickstart Scheme".[14]

References[edit]

  1. "UK startup Jolt raises another €12.7m for its streamlined alternative to business school". Rude Baguette. 14 January 2020. Retrieved 13 May 2020.
  2. 2.0 2.1 Halon, Eytan (6 May 2019). "Jolt aims to go head-to-head with higher education". The Jerusalem Post. Retrieved 13 May 2020.
  3. גויכמן, רפאלה (13 January 2020). "כישורים במקום תארים: ג'ולט מגייסת 14 מיליון דולר". Themarker. Retrieved 13 May 2020.
  4. Moules, Jonathan (1 March 2020). "Tech ventures shake up the MBA marketplace". Financial Times. Retrieved 13 May 2020.
  5. "Jolt - A Business School for The Self Made". CDP - the British Higher Professional Studies Organization. Retrieved 14 May 2020.
  6. Ethier, Marc (3 March 2020). "The Disruptors: Jolt, Home Of The NAMBA — 'Not An MBA'". Poets and Quants. Retrieved 13 May 2020.
  7. O'Hear, Steve (13 January 2020). "Jolt raises $14.1M for its 'pay-monthly' business school". TechCrunch. Retrieved 13 May 2020.
  8. Levi, Mayki (16 October 2016). ""בית הספר של המאה ה-21": הסטארטאפ הישראלי שמחליף את האוניברסיטה". Walla. Retrieved 13 May 2020.
  9. Basul, Alara (14 January 2020). "Jolt raises $14.1m to disrupt higher education". UKtech. Retrieved 13 May 2020.
  10. Spargo, Charlie (14 January 2020). "Jolt raises $14 million in Series A funding". Prolific London. Retrieved 13 May 2020.
  11. Tucker, Charlotte (13 January 2020). "London-based Jolt raises €12.7 million to disrupt higher education". Eu-startups. Retrieved 13 May 2020.
  12. Coulter, Martin (11 May 2020). "Business-school startup Jolt promises a 'sane alternative' to the $200,000 MBA. I sat in on a class over Zoom to see if it lived up to the hype". business insider. Retrieved 13 May 2020.
  13. דוסטר, מירב (9 March 2020). "עובדים מהבית ומבטלים פגישות ונסיעות: בהלת הקורונה בשוק העבודה". Keshet Media Group. Retrieved 13 May 2020.
  14. Spiro, James (29 November 2020). "Israel's Jolt is set to help UK citizens with training program for high-tech jobs". Calcalist. Retrieved 28 December 2020.

External links[edit]


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