MOOCs (Massive Open Online Courses) began emerging in 2008 as a way to provide open online university courses with no enrollment caps. They are accessible via web and offer streaming video, forums, and interactive materials. While courses and learning are free, accreditation may require a fee. MOOCs are challenging the traditional university model of closed, fee-based, campus-centered education and promoting open access, global reach, and free learning. New business models around MOOCs continue to emerge around areas like monetization, credentials, and corporate/enterprise partnerships.