MOOCs and MBA Programs: Opportunities and Threats
Episode Description
📂 Innovation 🏷️ Research
Brief Summary
Christian Tursh and Carl Rrick discuss MOOCs' impact on business schools, emphasizing efficiency, technology, and financial sustainability challenges.
Key points
- The Threat to Business Schools. Business schools face challenges from MOOCs due to high costs and efficiency issues.
- The Value of Technology in Education. The technology behind MOOCs could disrupt traditional business school models.
- Rethinking Completion Rates. Completion rates for MOOCs may not accurately reflect their value or success.
- The Threat to Business Schools. The discussion reveals how business schools face significant threats from unbundling and cost pressures.
- Scenario Three: Unbundling. Exploring the potential benefits of unbundling business schools and the shift to on-demand learning.
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Episode highlights
- The Threat to Business SchoolsBusiness schools face challenges from MOOCs due to high costs and efficiency issues.“Business schools are somewhat threatened by MOOCs and their cost structure.”0:48Jul 16, 2014
- The Value of Technology in EducationThe technology behind MOOCs could disrupt traditional business school models.“The technology is a much bigger threat to institutions like ours.”4:06Jul 16, 2014
- Rethinking Completion RatesCompletion rates for MOOCs may not accurately reflect their value or success.“Completion rates are a classic example of misapplied metrics.”10:30Jul 16, 2014
- The Threat to Business SchoolsThe discussion reveals how business schools face significant threats from unbundling and cost pressures.“We feel how threatened that ecosystem is.”26:10Jul 16, 2014
- Scenario Three: UnbundlingExploring the potential benefits of unbundling business schools and the shift to on-demand learning.“What you do is... create an enormous pull from the market.”29:31Jul 16, 2014
Tension
45/ 100Some tension
