Friday, January 20, 2017

Monetization Over Massiveness: Breaking Down MOOCs by the Numbers in 2016 - Dhawal Shah, EdSurge

In 2016, 2,600 new courses were announced (up from 1,800 last year), taking the total number of MOOCs to 6,850 from over 700 universities. And it seems to be working. The “Big Three” MOOC providers—Coursera, Udacity, edX— combined have potentially made around $100 million in 2016. MOOCs are gradually being transformed from virtual classrooms to a Netflix-like experience. Many courses are no longer offered just once or twice a year, but rather are now available as a self-paced, sign up whenever you want experience Coursera courses are now offered regularly throughout the year, with new sessions starting automatically on a bi-weekly or monthly basis. This switch has led to a significant increase in the number of courses students can register for and start almost immediately. Previously, students were all piled into one giant session for courses that were only offered infrequently.

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