by Julian Hooks, Business Administration Information
Without much fanfare, the Harvard Business School has started to develop a new online initiative, the first step into online learning for one of the nation’s most prestigious business schools. The move puts Harvard into the area of MOOCs, or massive open online courses. The move may “shake up” the online education market, according to Bloomberg BusinessWeek. It’s also a bold move for Harvard Business School, which is one of the best-known brands in all of education. “This is a lot bigger than meets the eye,” John Fernandes , the chief executive of the business school accreditation group Association to Advance Collegiate Schools of Business , told BusinessWeek. “They’re going to get high visibility with students all over the world. I don’t want to say it’s going to displace face-to-face education, but it’s going to be a big piece of the pie.” Fernandes called the decision by Harvard Business School a “watershed” moment for the school and for online education as a whole.
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