VIRTUAL UNIVERSITY

A system and method for enabling an established learning institution (301), such as a first tier college or university, to leverage intellectual capital through licensing and co-developing course content with a Virtual University (310). The Virtual University (310) develops and markets educational modules presented via a computer communication system. A Virtual University (310) according to this invention can provide for flexibility in compensation and eductional modules. The system can provide a means for tracking and measurin g the use of modules, and measurements can be used to calculate compensation. The present invention can avail a traditional campus based learning institution (301) to a potential market for intellectual capital that is limited not by distance, but by the constraints of a computer communication network (320) utilized. Consumers, embodied as individual students, corporat e clients, charter schools or other learner groups can be from varied geograph ic locations and access the Virtual University (310) system on a basis timely t o their particular needs.