Major examples Late 2011 Artificial Intelligence MOOC - Stanford University - 160,000 students Stanford spin off Udacity - courses in Physics, Statistics, Computer Science... 2012 Coursera – partners include Stanford, Duke ... Melbourne 100+ courses in Finance, Sustainability... 2012 edX with Harvard, MIT, Berkeley... courses in Chemistry, Electronics...
Completion and credit Very low completion rates (lots of tasters) Certificate of attainment not accreditation Antioch University now using Coursera for resources and charging students for credit and support Colorado State allowing credit to students completing a Udacity course after they pay to sit an exam
What people are saying Simon Marginson Univerity of Melbourne: [MOOCs] will be the game changer in higher education worldwide. Right now [they are] reverberating through the world’s universities like a tectonic shock.
What people are saying Ian Young VC ANU: The only reason MOOCs have managed to attract hundreds of thousands of students to individual courses is because they are being offered by ivy league universities Harvard, Stanford and MIT ... The likelihood of these universities ever offering accredited degrees via MOOC providers for free or at a low cost is questionable.
Business models Can money be made by offering free courses? Are there other benefits? Access for disadvantaged students? Profile? Subscriber database? Evolution to free/enhanced versions? Packaged offerings for other institutions?
Implications for CSU Unbundling the elements of our product If the content is free will students pay for the rest? Support? Feedback? The campus experience? Accreditation? Why might we consider a MOOC? Course promotion? Try before you buy? Transition strategies?