Mentor Education WAS one of the largest Registered Training Organisations (RTO) in Australia. Sadly they went into Administration in early 2023 BUT continued to ADVERTISE for new students while under administration!
EzyLearn was asked if we would like to acquire the business – we declined.
After going into Administration the information provided to existing Mentor students was messy and adhoc and now most students are still struggling to find alternative options training options or get their Certificates.
If you just need to up-skill and enrol into either as Microsoft Office or MYOB and Xero Course to be more confident (at a reasonable price) then make contact about our special offer for Mentor Education students.
A Cert IV in Bookkeeping and Accounting is the same as any other Cert IV in Bookkeeping and Accounting, right? Wrong.
One of the biggest issues that ex Mentor Education students face in trying to transfer their credits to another training organisation AND continuing their studies is that EVERY RTO can choose some of their own subjects.
So a Cert IV in Bookkeeping can be different from one RTO and TAFE to another even though they’re the same qualification – does that makes sense. Let me demonstrate.
If you’ve been following what has happened with Mentor Education you probably also have a strong interest in the integrity of Australia’s accredited training industry.
We’ve had a lot of Mentor Education students make contact just to learn more about what they can do about their courses because they hadn’t heard from Mentor Education, nor the receivers. Some students were counting on their qualifications to find work, others were promised a wage increase with a qualification and others have been through several different training providers while they juggle work, family and study.
There appears to be some good news though you wouldn’t know it by any official announcements
We’ve been contacted by some concerned Mentor Education students to see if we can help them continue their studies and get the qualifications they enrolled for. Students do have options but it looks bleak unless the new buyer lets current students continue their studies, assesses them and provide them with evidence of their competency.
Sadly for Mentor students the big question is WHO is going to help them?
Mentor Education was a big success and quite a large RTO (Registered Training Organisation) that offered many different Cert IV and higher qualifications on their “scope”. This included the Cert IV in Bookkeeping and Accounting.
As soon as they went into administration I noticed a couple big changes.
I wrote earlier this week about Mentor Educations fate under the hands of an administrator and it all comes down to Credit Management. The “business for sale ad” touts that they earned $5M in revenue but they appear to have a cashflow management issue. Should someone have completed EzyLearn’s Credit Management Course?
This is quite a serious matter for existing students and it is a good case study example about important steps that every business needs to take if they are giving credit. It appears that one or more of Mentor Education’s creditors did have good credit management procedures in place..
Xero is a great bookkeeping program for tradies who are on the go and using their phones (or a tablet) all the time. From receipts scanning to creating quotes and invoices, receiving payments and keeping track of project costs.