How online courses will affect business degrees
The emergence and proliferation of massive open online courses over the past 12 months presents an interesting array of threats and opportunities for Australia’s postgraduate business and management educators.
There is no simple answer to the question of how MOOCs will affect Master of Business Administration and executive MBA programs.
That’s because of the depth and diversity of programs that have evolved in Australia over the past 20 years.
There is considerable variation in MBA programs and each will be affected in a different way by MOOCs.
But MBA programs that require just a few subjects for a degree and rely primarily on the lecture format are likely to face significantly more challenges than MBA programs that rely more heavily on experiential learning.