Business Today – August 25, 2019

(Marcin) #1

schedule. Dev, too, encouraged his friends
to take up MOOCs, but very few were in
it for the long haul. On the other hand, he
felt compelled to continue as his company’s
performance was at stake.
To enhance learner engagement, plat-
forms are shifting most courses from live-
lecture format and time-bound modules
to shorter, pre-recorded sessions that can
be accessed and perused at one’s conve-
nience; in-between, there are multiple-
choice quizzes or short tests. Peer net-
works are created, and both alumni and
teaching assistants have become part of
those groups for better guidance, prob-
lem-solving and brainstorming. “We are
currently building a community of men-
tors, primarily our alumni, who can sup-
port students more effectively,” says Lalit
Singh, Chief Operating Officer of Udacity.
Irwin Anand, India Managing Direc-
tor of Udemy, says that failure to retain
students means ‘instructors revenues’ are


at stake (it works on a revenue-sharing
model). So, the trainers always respond to
students’ queries and upgrades the course-
ware if it is required. “Sixty per cent of our
courses have been upgraded in the past six
months,” he adds.
Shah of Class Central also asserts that
fewer people are now joining MOOCs –
from 23 million in 2017 to 20 million in
2018 – but the number of paid users has
increased. And that brings us to another
critical factor that increases course sticki-
ness – cost. Earlier, courses were free, but
students seeking academic credentials or
other services had to pay fees. Now compa-
nies have introduced paywalls with addi-
tional benefits. For instance, Udemy offers
a 30-day money-back guarantee in case a
student feels the course has not benefited
her, says Anand. “The money-back op-
tion allows people to experiment and keep
them engaged. Also, when one pays for a
programme, she is likely to complete the

TOP FIVE
GLOBAL
PROVIDERS OF
MOOCS
by registered users
(as on June 30, 2019)
Coursera
42 Million
learners
edX
21 Million

XuetangX
14 Million
Swayam
10 Million
Udacity
10 Million
Futurelearn
9 Million
Source: Class Central
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