This study explores the indicators of a community of inquiry present in the asynchronous computer conferences of three MA (Journalism) online courses offered at the Ateneo de Manila University. The Community of Inquiry Model, developed by Archer, Garrison, Anderson, and Rourke (2001), from the University of Calgary in Canada, illustrates how three elements – social presence, cognitive presence, and teaching presence – combine to create a community of inquiry, which is a precondition for higher learning. In the courses analyzed, where students were generally satisfied, a community of inquiry was created. Occurrences of social, cognitive, and teaching presence in the courses analyzed in this study showed possible signs of higher learning. However, satisfaction with the courses did not guarantee higher learning, which was facilitated by meeting the students’ needs and making them perceive a positive learning experience.