You are here: Online Education » Online Education News > Headline > Coursera gets $16 million aid from Kleiner and NEA to boost free online education

Coursera gets $16 million aid from Kleiner and NEA to boost free online education

April 22,2012 by: admin

Coursera is the brainchild of two professors from Stanford University who wanted to impart education to everyone in the world. Coursera currently provides university level classes free of charge to any person who has a computer and an internet connection. The silver lining on the horizon is that this service has now received an aid of close to $16 million from Kleiner and NBA, a venture capital firm.

Andrew Ng and Daphne Koller started off with Coursera at Stanford by offering just 3 classes in the fall of 2011. According to Ng, one of the three classes had over 10000 registered students. Just like in the case of the other online education courses, the lectures were imparted through videos and there was a forum to help students discuss their issues related to the subject and find resolution. The impact of the forum stupefied the founders Ng and Koller because there were thousands of interested students who conversed about their coursework and the response time to the questions posted on the forum averaged just 22 minutes. The excessive number of students from all over the world conversing on this forum ensured that there was someone on line round the clock to track questions and find answers.

Coursera that started with just 3 classes is now expanding its outreach and now offers over thirty courses across various disciplines. In order to facilitate professor created classes, Coursera has now partnered with the University of Michigan, Princeton, University of Pennsylvania, Stanford and University of California at Berkley.

In addition to free classes to students, the LMS (Learning Management Service) platform can also be leveraged by the universities they partner with to revamp various online courses offered by them. The overall idea is to bring about a change in how the various colleges are being run. Koller and Ng believe that the LMS platform, which offers short videotaped lectures in addition to interactive assignments, will ensure extra time for classroom discussions and case studies.

Leave a Reply