Udemy.com is a fast-growing online educational platform. This service allows expert instructors to upload their own self-designed courses and make them available to potential students all over the world.
The platform currently has more than 80,000 courses available in every subject from finance and entrepreneurship to art, design, and philosophy.
Udemy releases tons of new courses regularly, ensuring that their users always have access to the best, most relevant content per the topic they are interested in.
But, Udemy also offers a unique service designed specifically for businesses. Their Udemy for Business platform gives companies with larger departments access to courses designed by leading educators in a wide range of business and technical topics.
With Udemy for Business, companies can provide ongoing training and education to their employees. This helps them to keep all workers up-to-date with the necessary knowledge and skills. Ultimately, it can help companies to gain a competitive edge in their field.
Sound interesting? We’ve compiled everything you need to know to use Udemy.com for your business to create a positive learning experience or design a course of your own. Happy learning!
What is Udemy for Business?
Companies who want to provide their employees with continuous, on-demand training sign up to gain access to all of the resources the service has to offer.
Since this service appeared on the market in 2010, the company has acquired some high-profile customers. Lyft, Pinterest, Booking.com, and PayPal all have accounts and actively use the platform to educate their workers.
Once an employer signs up, they can browse through 2,500+ top-tier courses explicitly designed for employee education. These courses teach a range of new skills that are not only important but vital in today’s increasingly competitive business landscape.
The courses cover everything from IT skills and design techniques to leadership and conflict mediation methods.
There are even courses in stress management, developed to help managers keep their employees happy and productive.
If you are considering a Udemy for Business membership and want to see their full catalog of resources, you can browse through their current course collection on their website.
Once you sign up, you and your managers can curate a selection of courses that are relevant to the workers in your company.
Additionally, you can use the platform to upload your private training videos and other content. This content will remain exclusive to your company. Ultimately, it helps to keep all of your education and training materials in one place.
How Much Does Udemy for Business Cost?
Udemy for Business offers two plans, each designed for companies of different sizes. Both plans are priced accordingly.
Many companies choose Udemy for its high-quality courses, unique content collection, on-demand access capacity, and advanced analytics capabilities. Udemy for Business is the learning solution many large companies implement to encourage workplace learning and development.
With a Team Plan account, you’ll have full access to the Udemy lecture collection, and you’ll be able to curate a selection for your employees. You’ll also be able to track employee engagement so that you can see which employees excel and which do not.
This plan costs $240 per user. It has a minimum requirement of five users. So, at the very least, it will cost you $1200.
This plan not only gives employees access to the full collection of lectures but also give employers the ability to engage with employee education on a much deeper level.
With the Enterprise Plan, managers receive in-depth reports on how they’re employees are engaging with the content.
Udemy also provides special reports with insights into how the company could educate their employees to gain a competitive edge.
Furthermore, when you enroll in the Enterprise Plan, the company assigns your company a Dedicated Customer Success Partner.
This individual works with you to ensure that you’re getting the best value out of the service.
The Enterprise Plan is priced according to the number of users. It’s unclear exactly how much enterprise companies pay for the service.
This is likely because Udemy works with the enterprise company to negotiate a price that works.
Both of these plans offer a 14-day Free Trial that you can use to see whether or not the service works for you. After you finish the trial, you’ll have the choice to opt out or sign up for the service.
I have less than 5 employees. Can I still use Udemy for Business?
Unfortunately, Udemy doesn’t offer a Business plan for companies with less than five users. But, if you have a small team, their consumer platform could be a great educational tool for you.
If you want to use Udemy for employee training, you’ll have to enroll in courses individually. Each of them cost between $10 and $200. You can find classes on the homepage of the Udemy website just by typing a topic into the “Search for Courses” bar at the top of the page.
The nice thing is that, once you enroll in a course, you can download it and keep it forever. So, it’s not hard to share the course with your team.
This is a great way to educate your team until the time comes when you have enough employees to qualify for a Udemy for Business plan.
How Do I Teach a Udemy for Business Course?
The process of becoming a Udemy for Business instructor is similar to the process of becoming a standard Udemy instructor.
Related: How to teach a Udemy course
There are a few requirements that you must meet to apply.
First, you must demonstrate expertise in the field that you plan to teach in. This is apparently because the company only wants to host true experts on their platform.
You must also have access to an HD video camera capable of shooting 720p or 1080p video. It can either be a laptop, cell phone, or an external camera.
The company maintains strict quality guidelines in regards to video content. If you can’t provide video content that meets their requirements, you’re ineligible to teach a class on their platform.
They also require that you submit a test video to prove that you have access to an HD camera.
Lastly, you must have a PayPal or Payoneer account. Udemy exclusively uses these two services to send payments.
So, if you don’t have an account with either payment service, you’ll have to sign up before you’re able to enlist as an instructor.
As long as you meet those requirements, you’re good to go! Sign up, fill out your application and get started.
The application asks you for necessary information like your name and address. It also asks for a brief outline of your expertise in the topic you want to teach.
Once you submit your application, it takes the company roughly two days to review and approve your application.
After you’ve been approved, you’ll have the opportunity to submit courses for review. All classes, including Udemy for Business courses, must be approved by the company before they’re made available on the platform.
What are the requirements to teach a Udemy for Business Course?
How to Build a Udemy for Business Course
Building a Udemy for Business course is the same as creating a standard Udemy course. All you need is expertise in your field and a desire to make some cash. If you’re confident that you’re prepared to develop a class, you can get started.
First, you should make sure that your topic is not on the company’s restricted topic list.
While the company supports most content, there are specific topics that they restrict.
Weapons training courses, for example, are banned from the platform. Any course material that promotes bodily harm or illegal activity is also forbidden.
Then, you should identify your target audience. When you submit a course for application, you’ll have to let Udemy know precisely who the course is for. This information will also be used to advertise your class.
So, ask yourself who would benefit from this information and jot down a few sentences.
After that, you should outline your course structure and begin creating the content. Start by mapping out out the content you want to cover. Figure out which relevant content you’ll discuss and how you want to move from one item to the next.
Once your structure and information are outlined, you can start recording videos in the Udemy app.
You’ll record and submit each lecture individually. You’ll also upload any relevant documents such as supplemental PDFs, readings, notes, etc.
When you’re done compiling the content, you’ll have to fill out your course request information before you can submit it for review.
The company requires that you write a course description and bio. They also need you to set the price and add a profile picture.
This is how the course request will appear to the general public, so make sure that it’s something you’re proud of!
If you feel good about the content and the supplemental course information, you can submit it for review.
If Udemy likes it and it meets their quality standards, they’ll approve it. Then, you can wait for people to sign up and start collecting cash!
What Happens if My Udemy for Business Course Gets Rejected?
Udemy for Business has much higher standards than the consumer platform. After all, they try to keep their content to a small selection of lectures taught by accomplished experts in a given field.
So, it’s a bit more challenging to have your course approved as a Udemy for Business course.
They may also encourage you to publish the course on their standard market, disqualifying it from the Udemy for Business collection but making it available to the public.
If you already host a few successful courses on the platform and have demonstrated your expertise, the company may reach out to you via email and invite you to submit a Udemy for Business course.
You’ll still have to gain approval through the submission process, but the chances of having it approved are much higher.
So, if you’re seriously interested in teaching at the Udemy for Business level, you may want to spend some time working on the standard platform for a while.
As you build your reputation there, you’ll increase the likelihood of having a Udemy for Business course approved.
How Much are Instructors Paid for Udemy for Business Courses?
However, the Udemy for Business payment model is very different. Instructors aren’t in charge of determining the fee because there is no set course fee.
Instead, Udemy sets aside 25% of their Udemy for Business revenue to pay instructors.
They take the 25% and divide it by the total number of minutes that customers spent using the Udemy for Business platform. This gives them a “per-minute rate,” which they multiply by the total number of minutes that users have spent engaging with your content.
This is how the company determines your income for a given month.
Of course, this compensation model makes it somewhat difficult to estimate your monthly income.
But, when you consider the fact that a Udemy for Business customer like PayPal has nearly 20,000 employees (and that many similar companies are using the platform), it’s easy to see that the engagement minutes can add up pretty quickly.
Udemy for Business Allows You to Teach from Your Own Home
If you’re interested in teaching but don’t want to work directly for a school or company, Udemy for Business could be an excellent opportunity for you.
Using this service, you can develop your courses and teach them from the comfort of your own home.
The nice thing about Udemy for Business is that it allows you to collect passive income for an extended period.
Once your course is accepted, all you have to do is sit back and wait for the cash to show up in your bank account.
Of course, it can be challenging to get a course accepted.
But if you’re able to do that, you can make monthly income as a teacher without even having to repeat lessons every month.