For all the talk about the MOOC backlash setting in, the past few months have actually been an extremely fertile time for innovations in online learning, particularly when it comes to partnerships between MOOC purveyors and private companies. We’ve already discussed LinkedIn’s plans to create a “direct-to-profile” credential for completing courses, but as Forbes notes, this is only the tip of the iceberg, as a number of businesses are looking to use MOOCs as a cheap form of training for current employees:
Bank of America partnered with Khan Academy to create BetterMoneyHabits.com, a cobranded MOOC to educate consumers on personal finance. SAP developed the openSAP MOOC platform to educate its ecosystem of developers and partners on SAP technologies.
Yahoo is reimbursing employees for the cost of verified course-completion certificates from Coursera. Online retailer 1-800-Flowers announced it will create an online education portal on the Udemy platform for its network of independent florists. The portal offers a mix of general business courses and custom-developed coursers on topics specific to the floral industry. Tenaris, a $10 billion manufacturer of steel pipes, has licensed edX’s software platform and course materials for its employee learning. The World Bank, International Money Fund, GE, and several major government ministries are licensing MOOC content and technologies for their constituents.
While this won’t be the higher-ed game-changer that MOOCs for college credit would be, it may be one of the best growth opportunities for the technology in the short term. On college campuses, MOOCs are fighting against a relatively small but well-entrenched group of university professors with considerable clout in their industry and a vested interest in the status quo. MOOCs may well gain ground there as well, but opposition from much of the establishment ensures that it won’t happen overnight.
In the meantime, however, private businesses will be more than happy to turn to cheap, efficient online courses to handle employee training. What’s more, courting deep-pocketed private businesses as customers could be a solution to the profitability problem that has dogged these courses from the beginning. MOOCs’ future is still bright.