UPenn Professors Say MOOCs the Future of MBA Programs - Kristin Decarr, Education News

According to a recent study by two professors from University of Pennsylvania’s Wharton School, online learning could benefit students in ways separate from the benefits gained from traditional classroom learning. The study, titled “Will Video Kill the Classroom Star? The Threat and Opportunity of MOOCs for Full-Time MBA Programs,” looked at the video technology used for massive open online courses (MOOCs), which the authors call “SuperText”, and discovered that it could make MBA courses 40% cheaper to produce. Currently, a full-time traditional MBA involves many professors giving in-class lectures. Each course costs about $1,500 to produce, while “it costs just pennies to register a new student in a MOOC,” writes Seb Murray for website Business Because. http://www.educationnews.org/online-schools/upenn-professors-say-moocs-future-of-mba-programs/