It seems that the Ivies have finally caught on to what we have known for a while. Online learning can be more collaborative and thoughtful than classroom based education.

In a Poets and Quants Article, they revealed that Wharton is the latest Ivy MBA program to embrace online learning. Read the article at: http://poetsandquants.com/2015/12/22/whartons-bold-big-bet-in-online-learning/

In summary, they say

“ONLINE LEARNERS ARE EVERY BIT THE CALIBER OF OUR MBA STUDENTS”

Contrary to Marketing Professor Faber’s initial expectations, MOOC learners turned out to be an impressive bunch. More than 90% have some college and most have a bachelor’s degree or higher. The age of learners tends to range from 25 to 44, and the vast majority are employed full time.

In addition, after nearly three years, more than 300,000 people have taken Wharton’s Intro to Marketing course, one of the top ten business MOOCs on the Coursera platform this year. Almost 100,000 more have completed a second MOOC on Consumer Analtyics. And Wharton also has piloted an eight-week-long executive education MOOC offering called the Strategic Value of Customer Relationships which includes weekly “Pete Casts,” essentially hour-long office hours for the 20 to 30 students who have enrolled in the $3,700 course that will be offered for a fifth time this spring.

AND IF YOU THINK THAT YOU CAN’T MAKE MONEY ON MOOCS, THINK AGAIN.

WHARTON EXPECTS ONLINE REVENUES TO DOUBLE NEXT YEAR TO $10 MILLION