Sramana Mitra: They’re used to texting non-stop. One form of social interaction could be just having an instant messenger and they’re doing their group study that way. There’s one other thought that comes to my mind in relation to the media industries parallel that we touched upon earlier. There is this whole thing happening in
Sramana Mitra: It starts to get very tricky because we also have weekly roundtables, which are live sessions where people are gathering from all over the world. They are networking. It’s like a class. There’s instructors and students. There’s networking and relationship-building. All of that phenomenon can, to a degree at least, be simulated online.
Sramana Mitra: That’s a big value proposition that is still part of society. When we were in university and college, there were certain social relationships that formed that ended up being valuable social relationships. A lot of people’s closest friendships get formed earlier in life and a lot of it is college friendships. These are
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
One of the recent aims of Deal Radar 2009 is to feature entrepreneurs who, undeterred by job losses, a consumption slowdown and a faltering global economy, are bravely moving forward with plans to start their own companies. Adayana, which develops interactive training programs delivered through web sites and software as well as classroom-based courses, was