72% Of Professors Who Teach Online Courses Don’t Think Their Students Deserve Credit

72% Of Professors Who Teach Online Courses Don’t Think Their Students Deserve Credit

GREGORY FERENSTEIN

posted 13 hours ago

This is not a good sign for online education: 72 percent of professors who have taught Massive Open Online Courses (MOOCs) don’t believe that students should get official college credit, even if they did well in the class. More importantly, these are the professors who voluntarily took time to teach online courses, which means the actual number of professors who discount the quality of MOOCs is probably much (much) higher. The survey reveals the Grand Canyon-size gap between the higher-education establishment and the coalition of tech companies and lawmakers that are mandating college credit  for online courses.

Since the largest university system in the world, the California State University system, announced a pilot for low-cost online lower-division courses, schools from all over the country have raced to replace physical college instruction at a crazy fast pace. In only a month’s time, the University of Wisconsin started offering a fully legitimate college degree without any class time required and scores of schools announced that they will be emulating CSU lower-division pilots in the near future.

But, this is mostly administration-driven. Professors, by and large, are freaking out. When the California state legislator proposed mandating that online courses be accepted, the faculty senate sent a strongly worded letter to lawmakers: ”There is no possibility that UC faculty will shirk its responsibility to our students by ceding authority over courses to any outside agency”

This latest survey from The Chronicle Of Education reveals how little confidence professors have in their own courses. “The deck was somewhat stacked with true believers,” writes Steve Kolowich of The Chronicle about the survey, which polled the 184 known professors who have taught a MOOC.

It’s early days for online education, and the old guard isn’t going down without a fight.

About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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