Practical Business Learning and the Online Course (R)evolution
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In this 狠狠撸share by team Eazl, we argue that online courses should be the preferred modality for learning practical business skills. The deck begins by briefly contextualizing the challenges facing on-campus business learning (e.g. student loan debt and affordability of MBA degrees), then effectiveness of learning practical skills online (including a look at the quality of online courses), and finally, some of the unique advantages of video-based business learning.
Practical Business Learning and the Online Course (R)evolution
- 3. On-campus Learning is Expensive ★ An MBA costs over $110,000 on average 1 ★ The average student graduates with $20,000 of debt 2 but…
- 4. …degrees don’t give people rewarding careers ★ 40% of people with bachelor’s degrees are unable to work in a field they like 3
- 5. Sometimes, the classroom isn’t the best way ★ 77% of professors surveyed in 2009 said that online learning has as good or better learning outcomes for students 4
- 6. This is especially true for practical skills ★ Practical: concerned with the doing and use of something rather than the theory (New Oxford American Dictionary)
- 8. The web has over 50,000 practical courses ★ One marketplace alone has over 30,000 courses available (udemy) and…
- 9. Many of the courses are insanely good ★ An SEO course by the head of search at Airbnb (clickminded) ★ Guy Kawasaki’s startup course ★ And (ahem) for business
- 11. Taking online courses is super affordable ★ You can access most courses for $200 or less and…
- 12. …get course materials on demand ★ Platforms can deliver content via the web, ios, and android ★ Refresh a skill you need “just in time” on your smartphone.
- 13. on-demand+self-paced = better outcomes ★ Easily review parts of the process that are confusing you ★ Follow the instructor to build familiarity with the subject
- 16. References: (1) See http://www.nationalaffairs.com/publications/detail/the- coming-higher-ed-revolution (2) See http://www.investopedia.com/articles/professionaleducation/09/mb a-real-costs.asp (3) See http://mckinseyonsociety.com/voice-of-the-graduate/ (4) See http://www.onlinelearningsurvey.com/reports/changingcourse.pdf