Sramana Mitra: The simple thing is if you give things for free, people just click on it and then move on. If they pay for it, there’s a lot more commitment. Peter Hirst: Low completion rate isn’t necessarily something that should be critical in relation to MOOCs, exactly because of what you said. People can
Sramana Mitra: Interesting. Online learning is something that you can do at your own time in a very flexible way. That flexibility goes away with that. You’re saying that there’s more benefit in terms of engagement and learning, but there is that other benefit of flexibility that gets taken away from that setup. Peter Hirst:
Peter Hirst: From an education standpoint, the input doesn’t look that dissimilar from a cost base. The other approach is the MOOCs. Often, they are free and are low-cost courses. We’re beginning to see some executive education versions of those. As I go around and talk to my peers in other schools and in schools
This interview is a great discussion about the various experiments going on in the world of higher education and how online learning is playing out there. Sramana Mitra: Let’s introduce our audience to yourself as well as to what you’re doing at Sloan vis-à-vis executive education. Peter Hirst: I’m the Director of the Executive Education