by Rozelle Laha, Business World
In the US — the Mecca of business education — student applications to B-schools have been dropping steadily. On investigation, it was found that students are increasingly opting for MOOCs or massive open online courses. MOOCs have, in fact, caused great disruption in higher education since 2012. This has led some to predict that half the B-schools in the US will shut shop in the next few years. According to data from three of the biggest MOOCs aggregators — edX, Coursera and Udacity, India is currently the second largest market for online courses after the US. While edX has 26,000 students from India, Coursera has 6,18,654 Indians enrolled. A recent Technopak report on higher education says the enrolment from India in Coursera and edX is 10 per cent and 13 per cent, respectively, of their totals.
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