Take out your smartphone, log in to the internet and viola! You have just entered your classroom, albeit a virtual one. This is what the MoU that myBskool.com, India’s largest online business school, signed with the Great Lakes Institute of Management on Thursday, makes possible.
With the Massive Open Online Courses market in India skyrocketing, GLM has aligned with the MOOCs provider to provide 25 management courses online, completely free of cost with an average of around 20 learning hours.
Comprising several online video lectures, live virtual classrooms taught by both Indian and international faculty and provided on a portable classroom platform compatible with smartphones, tablets and PCs, the program is expected to have around 3 million enrollments by the end of the year.
With the high dropout rates that online course programs are burdened with, about three per cent of the enrolled students are expected to apply for certification at the end of the course. “You have to admit that even three per cent of three million is a rather large number,” pointed out K Swaminathan, founder and CEO of myBskool.com.
However, GLM’s founder and dean V Bala Balachandran said that the purpose behind this program was not to certify students, but to make learning available to anyone who wanted to learn. “How many people have the time to take two years off work and go through a regular MBA program?” asked Swaminathan. “This gives those people an opportunity to gain knowledge without sacrificing time,” he added.
While plans are not yet in place for assessment and certification of students who complete the course and request certification, Swaminathan said that they would be in place soon.