coursera works & makes money and signature track

anybody without the knowledge or experience to do some task can simply look to the internet to find advice and instruction. while many of the current moocs are free, some innovative new start-ups, like coursera, are seeking to offer online courses for profit. according to studies at the time, the majority of students taking these correspondence courses would drop out, perform poorly on tests, or cheat.

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short lectures and supplemental notes were made available by email and the internet service ‘gopher’ and it attracted more than 500 students from around the world. rather than creating its own educational content, coursera partners with the world’s top universities and other organizations such as governments and works with them to make their existing courses available online. coursera first began working with a handful of pilot schools (standord, princeton, university of michigan and university of pennsylvania) to bring a handful of their more popular courses online.

students in the same class are encouraged to participate in web forums and arrange virtual or in-person meet ups and study groups. )a comprehensive list of courses offered through coursera can be found here.the majority of courses are offered for free; however, students who wish to earn a certificate of completion can pay per class to participate in the “signature track,” which requires the student to submit graded assignments and take graded examinations to ensure subject mastery. just more than a year after launching the signature track, coursera had generated more than $5 million in cumulative revenues from it.in 2014, the company announced a specializations track, which involves construction of a curriculum based on subject-related signature track courses.

coursera has partnered with some of the top universities in the world to provide their educational content online in mooc form.

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