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Clay Christensen, who popularised the idea of disruption, has written and spoken quite a bit about disruption in higher education in general, and the management education market in particular. So how is this beginning to play out in the management education sphere? There are many new initiatives afoot.
Low-cost MBA alternatives
From Kigali, Rwanda, one woman is piecing together the equivalent of an MBA by taking a series of massive open online courses, or MOOCs, from different providers. For less than US$1000, she’s taken courses from some of the top business schools in the world and the website, No-Pay MBA, offers information to help others do the same.
Students can now take a variety of courses from various providers in a ‘cafeteria style’, like the example above. While this buffet of courses doesn’t (yet) add up to a degree, at some point some organisation is going to figure out how to assign or award credit for these disparate classes – and accredit the programme of study. Then students will be able to bundle together their own degrees and certificates, choosing the best courses from the best schools and building their own 'All-Star' MBA programme.
Source: University World News