MOOCs (Massive Open Online Courses)
In the last 5-7 years, MOOCs have gone mainstream. Students gain valuable knowledge taking courses online from well respected professors at a fraction of the cost. Courses, certificates, specializations, and degrees are now offered via MOOCs. Coursera was developed by Stanford and has over 33 million users. The edX platform was developed in partnership by Harvard and MIT and has over 14 million users. What are the pros and cons of MOOCs?
Biggest challenge in a MOOC is completion rate which is extremely low on all platforms. Be is Coursera or edX like free platforms or Udacity and Udemy kind of paid platforms. Typically very few [less than 5-10%] participants complete the course. That's still a reason why brick and mortar institutions and training centers are still alive. The biggest advantage of MOOC is content. One of the best possible content for any topic is available through MOOC.
The core value to the MOOC is to expand your knowledge in any easy accessed venue. I feel it gives you a good basis of knowledge to develop the interest you may have in your current venture or future. Its a fast and effective way to develop knowledge without a big price tag.