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When two Stanford University professors started Coursera in 2012, the focus was on building free online courses to bring teaching from elite colleges out to the world. So Coursera sees a new business opportunity: to sell the courses it developed to colleges that want to use them as part of for-credit courses for their own students.
EdSurge talked with Coursera’s CEO, Jeff Maggioncalda, today to ask him what this unicorn company, valued at more than $3.6 Here are the takeaways: Coursera Already Had Cash, But Now It Can Add … More AI? The mix of ways Coursera reaches students has led them to claim 77 million registered learners on the platform. There are 1.3
Coursera started with a mission to give the general public free access to courses from expensive colleges. But in a new effort announced Thursday, called Coursera for Campus, the company will begin selling access to its complete library of courseware to any college to use, at around $400 per student. Will Colleges Buy It?
Coursera, which provides online courses to higher-ed institutions, businesses and government agencies, has raised $130 million in a Series F round led by NEA. To date, Coursera has raised $464 million, according to CEO Jeff Maggioncalda. Coursera for Campus launched last October. Coursera currently has around 600 employees.
Large-scale courses known as MOOCs were invented to get free or low-cost education to people who could not afford or get access to traditional options. Duke University was one of the first institutions to draw on MOOCs in response to the novel coronavirus. Other MOOC providers are making similar offers.
Ten years ago when two Stanford professors started Coursera , many of the big-name colleges the company partnered with offered few online courses. And the courses they put on Coursera were done mainly as goodwill outreach—free offerings to help spread knowledge to those who couldn’t afford a campus experience.
MOOCs have evolved over the past five years from a virtual version of a classroom course to an experience that feels more like a Netflix library of teaching videos. These days, most MOOC providers let learners start courses whenever they like (or on a bi-weekly or monthly basis, as Coursera does).
This afternoon, Coursera filed its S-1 paperwork , offering a first look at how the Mountain View, Calif.-based Coursera reported $293.5 Also driving that growth is Coursera for Campus, which the company launched in late 2019 to let colleges offer its library of online courses to their students.
Additionally, in another example of blending of online and in-person education, Coursera has begun a pilot offering its online MOOC courses to students at its campus partners. What started as a trickle of pilots has now become a growing tidal wave— with approximately 40 MOOC-based degrees now available worldwide.
After all, campuses include expensive academic buildings, sports facilities, dormitories and other routine services, such as dining halls and libraries, requiring constant costly maintenance. Since then, MOOC degrees have mushroomed , now with more than 70 others available in partnership with about 30 first-class universities worldwide.
Coursera co-founder Daphne Koller has ridden the MOOC craze as the company’s CEO and later president. Koller co-founded Coursera with machine-learning expert and fellow Stanford professor Andrew Ng in 2012. million users in less than a year and leading some to proclaim 2012 “the year of the MOOC.”
When there’s a need for information or new skills, employees today are increasingly turning to instantly accessible sources such as search engines and online course libraries available on their mobile devices. The typical employee has one percent of their time available for learning, according to research by Bersin by Deloitte.
And in the past ten years these colleges have been active in offering so-called MOOCs, or massive open online courses, which are free or low-cost courses, usually for no official credit. The Ivies are all risk-averse,” says Peggy McCready, former associate vice provost for technology and digital initiatives at UPenn Libraries.
The college library, catalog, financial aid, admissions, registration, and of course, the school’s website, all have important digital services and are all easily accessible on the net. Who knows how much ISPs will now bill MOOCs and others for eating-up vast chunks of bandwidth? Clogged Streams. Trickle-down Student Fees.
The shift to remote work in the pandemic also fueled the purchase of low-cost subscriptions to online training libraries. The boom in short-form digital learning in the workplace doesn’t mean that classroom-based corporate training or more structured on-the-job learning is going away.
“Now is the time,” said a recent promotional email from Udemy, a library of online courses. Coursera, another giant online provider that works with traditional colleges, runs special rate promotions as well. But what has this wave of online bargains meant for perceptions of higher education?
edX - www.edex.org - MOOC site, courses are all free, people who teach the courses are from Harvard, MIT, Berkeley, University of Texas, etc. Coursera is another option for higher ed MOOCS. High school library prediction - Librarians will become resources to help students find online courses. And here is mine.
University of California, San Diego via Coursera. Commonwealth Education Trust via Coursera. University of Oregon via Coursera. University of California, Irvine via Coursera. University System of Georgia via Coursera. University of Illinois at Urbana-Champaign via Coursera. Harvard University via edX.
” Here DeMillo carries on his account of the MOOC story which he launched in chapter 1. This chapter takes us from 2012 through 2013, following the expansion of MOOCs across American research-1 institutions and the breakout of Coursera, edX, and Udacity. It’s not entirely a rosy account. Kindle location 1093).
The chapter is entitled “Map of the World”, and focuses on the rise of open courseware ( MIT OCW ) and MOOCs, with notes on flipped classes, Khan Academy , gaming (via Dragon Box ), and the Minerva Project (now Minerva Schools at KG ). Emails from far-flung and variously challenged students happy with MOOCs appear.
and Coursera’s Mission (yes, capitalized there). DeMillo sounds several themes as he takes us through this recent, familiar history, starting with opposition between MOOC-creators and institutions. … The major theme in this chapter is accessibility. A university serves all of them. emphases in original] (5483).
Playful Learning: Games and the Future of STEM - Danny Fain, Teacher in Residence Redefining STEM Rubrics for the 21’st Century: It’s all about mastery! Cantwell, Instructional Services Librarian (Asst.
A few weeks after EdSurge probed the company about the silence, Amazon opened up the resource library to the public. More Colleges Are Offering Microcredentials—And Developing Them The Way Businesses Make New Products A few years ago elite universities were frantically jumping into MOOCs. Well, at least partially open.
” Online Education (and the Once and Future “MOOC”). From the Coursera blog : “Announcing ‘ AI for Everyone ’: a new course from deeplearning.ai on Coursera.” is the new company of Andrew Ng , Coursera’s co-founder.) More robot news up in the MOOC section above.
.” Online Education (and the Once and Future “MOOC”). There’s more MOOC news in the job training section below. Via Techcrunch : “ Google and Coursera launch program to train more IT support specialists.” Via Inside Higher Ed : “A New Home for AI : The Library.”
Online Education (The Once and Future “MOOC”). “ ‘Top universities to offer full degrees online in five years’ ” says the BBC, citing a prediction made by Coursera ’s Daphne Koller. Libraries remain relevant, and The New York Times is on it. ” Institut Mines-Télécom joins edX. .
” Online Education and the Once and Future “MOOC” Via Edsurge : “ Andrew Ng , Co-Founder of Coursera , Returns to MOOC Teaching With New AI Course.” Via the Coursera blog : “What’s Next in Employee Learning: Virtual Reality.” .” Via Reuters : “Some U.S.
Online Education and the Once and Future “MOOC” Via the Coursera blog : “ Coursera now offers free trials for most Specializations.” ” Via Ars Technica : “ Libraries have become a broadband lifeline to the cloud for students.” Remember MOOCs? Billion Worldwide This Year.”
The elimination of funding for 18 other independent agencies , including the National Endowment for the Arts , the Corporation for Public Broadcasting , the National Endowment for the Humanities , and the Institute of Museum and Library Services. Are MOOCs webinars? Are webinars now MOOCs?).
“ New York City libraries have announced they plan to forgive the late fees of all children aged 17 and under in a one-time amnesty event,” The AP reports. Online Education and the Once and Future “MOOC” Via The GW Hatchet : “Oversight of online learning programs lacking in some schools, report finds.”
” “Schools, Libraries Miss Out on Millions in E-Rate Funds,” according to EdTech Magazine – some $245 million for the 2014 fiscal year. Online Education (The Once and Future “MOOC”). From the Coursera blog : “Coursera pilots a new course format.” Contests and Awards.
Online Education and the Once and Future “MOOC” Via the Coursera blog : “New mobile features: Transcripts, notes, and reminders.” " It’s lovely to see the big innovation from the MOOC startups in 2017 involves the learning management system. ” Icon credits: The Noun Project
” Via The Atlantic : “The Libraries Bringing Small-Town News Back to Life.” Online Education (and the Once and Future “MOOC”). It’s baaaaack: “Return of the MOOC ,” The City Journal tells us. There’s some (sorta) MOOC-related news in the venture funding section below.
” Online Education and the Once and Future “MOOC” Big HR news about Coursera in the HR section below. Here’s the headline from Inside Higher Ed : “For-Credit MOOC: Best of Both Worlds at MIT ?” ” But if you look closer, it’s not a MOOC; it’s just an online class at MIT.
Via The Guardian : “US library to enforce jail sentences for overdue books.” ” That’s the Athens-Limestone public library in Alabama (and that’s completely f *d up). ” Online Education (The Once and Future “MOOC”). ” Education in the Courts. Meanwhile on Campus.
” Online Education and the Once and Future “MOOC” Via Edsurge : “ Coursera ’s New Strategy Takes Inspiration From Netflix – and LinkedIn.” ” Via the Coursera blog : “Announcing Coursera for Governments & Nonprofits.” ” Contests and Awards.
” Online Education and the Once and Future “MOOC” “Should Online Courses Go Through ‘Beta Testing’?” ” The provider in question is Coursera , which has raised some $146.1 NPR on MOOC Micromasters. ” asks Edsurge. “How One Provider Taps 2,500 Volunteers.”
The Rebranding of MOOCs. Remember 2012 , “ The Year of the MOOC? Remember in 2012 when Coursera co-founder Daphne Koller said in her TED Talk that her company’s goal was to “take the best courses from the best instructors at the best universities and provide it to everyone around the world for free”?
And like so many products on this list, 3D printing was hailed as a revolution in education, and schools were encouraged to reorient libraries and shop classes towards “maker spaces” which would give students opportunities to print their plastic designs. The End of Library" Stories (and the Software that Seems to Support That).
” Online Education and the Once and Future “MOOC” Chalkbeat investigates the Indiana Virtual School : “As students signed up, online school hired barely any teachers – but founder’s company charged it millions.” The Digital Public Library of America has a new head : John S. For-Profit Colleges.”
” For those keeping track of how ed-tech is intertwined in all this, here’s a list of Yuri Milner ’s education investments : 17zuoye, Remind, Coursera, Clever, Codecademy, ClassDojo, and General Assembly. ” Via Bklyner.com : “ Brooklyn Public Library and Bard College to Offer Free College Degree Programs in 2018.”
Online Education and the Once and Future “MOOC” If you can’t create revenue, raise venture capital. That seems to be Coursera ’s business model. Via Edsurge : “As LinkedIn ’s Video Library Grows, Company Says It Has No Plans to Compete With Colleges.” Kiron and Red Hat have joined edX.
Online Education (and the Once and Future “MOOC”). Via Edsurge : “ Coursera ’s First Ivy League Degree: An Online Master’s From the University of Pennsylvania.” ” ( Not mentioned : Penn was one of the very first investors in Coursera.). ” That figure is K12 Inc founder Ron Packard.
Online Education and the Once and Future “MOOC” “ Coursera Removes Biometric Identity Verification Using Keystroke Matching,” Class Central reports. An update on Coursera co-founder Andrew Ng’s employment status in the HR section below. ” The accused: John R. From the HR Department.
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