Pin It

MOOC Major Players

moocsimageThe MOOC landscape is taking shape, and just like social networking sites before it, the major players are starting to emerge.  It’s still too early to tell which one of these will fall the way of MySpace, but as Facebook has pointed out, there is often very little room at the top.  Given the shifting environment, it isn’t always clear what options are out there.  Below is a list of the more popular MOOC options available:

1. Udacity – This MOOC option has decided to work with individual professors rather than educational institutions.  As such, it has attracted a wide range of well known scholars.

2. Udemy – The company encourages their instructors to charge a small fee for their courses, and the revenue is split between the instructor and the company.  Note however, that sometimes the “small” fee isn’t so small.

3. Canvas – For Canvas, schools pay instructors to offer their MOOCs and to market them to prospective students.

4. Coursera – Probably the most well-known, the company’s business model is to sign contracts with colleges that agree to use the platform to offer free courses and to get a percentage of any revenues generated.

5. Khan Academy – This option began in 2006 as an online library of instructor videos that Mr. Khan made for his family. Today, it has since evolved and now hosts more than 3,000 (with backing from the Bill & Melinda Gates Foundation) videos on YouTube.

6. edX – Leaders of this group say they intend to slwoly add other university partners over time. edX has plans to give away their software platform so that anyone can create their own MOOC.

There is a good chance that we’ll see some more MOOCs emerge in the near term, and then expect them to dwindle away as the true major players begin to emerge. I’m still waiting to see how some of these programs will go about monetizing their offerings, especially since investors will certainly be seeking a return on their investment.

Categories

About the Author:

Justin Ferriman is the Founder of LearnDash, a WordPress based LMS and Learning Strategy provider. He also works as a Learning & Collaboration Consultant where he implements large-scale training programs for Fortune 500 companies.

5 Comments
  1. 1.- EDX is the top . It is non profit + have lots of Money and research facilities + top names + good long term planning.
    2.- Coursera İs too much profit oriented, commercials. But they are genius in marketing. They also helped edx with theifr marketing of MOOCs .
    3.- Cost of MOOCs are less than $ 1 if they are global . They have to be global .
    4.- 2 Models for credits :
    a) MOOCs prıovider award credit. It is a long term Project .
    b) My idea . See http://www.savecolleges.blogspot.com
    That is done by Coursera . Coursera sold MOOCs to 10 state universities at $ 36 per course .
    Wonderful . That means my estimate of $ 1 is correct .
    5.- If MODEL b is accepted by many universities then
    a) State schools will not need state subscidy
    b) State will save lots of Money sincde they do not give away funds to universities
    c) Taxpayer will pay less taxes
    d) No loans are needed for students, since the cost of a course less than $ 10 or so .
    e) Only 100 top rersearch universities will remain alive. They will provide
    MOOCs to other universities .
    f) Money will flow to state universities globally, sincde there are 200,000,000 potential students outside of USA .

  2. Just wondered whether MOOCs are likely to emerge in the corporate training sphere.
    At My Learning Log, on mylearninglog.com, we already offer 200 free management and soft skills courses with the plan to add many more that are free. Does that make us a MOOC?

0 Pings & Trackbacks

Leave a Reply