Students will soon expect to be able to get both a degree and a professional certificate from their university, according to the chief executive of one of the world’s largest edtech firms, who believes that the change will be the next major development in online learning.
Jeff Maggioncalda, who has run Coursera since 2017, said job-specific training courses for students, developed alongside top businesses, is the biggest growth area for his platform.
Although on-campus teaching is returning post-pandemic, Mr Maggioncalda predicted that online learning is here to stay – but it will be in offering short courses for career development where companies such as his can have the most impact initially.
“We’re really talking about two things,” he said, when asked about his predictions for the future of higher education. “How much of the traditional degree programme is going to be online versus on-campus, and then the curriculum – how much do you offer job-related training versus more general liberal arts education?
“I think both are going to be changing. For flexibility and convenience, students are going to say: ‘I’d rather have more choice over when and where I take my classes.’ And then on the curricula side, I think they are going to say: ‘I want to go to a place that gives me a blend of liberal arts and some job-specific stuff that will help me be more employable.’ Even if a university does all the stuff they’ve normally done on campus, [and none of it is] online, if they offer online microcredentials, [their students can] get the combination.”
Mr Maggioncalda predicts that elite universities that offer undergraduate residential programmes will be the most resistant to moving things online because they are selling a “whole lifestyle product”, much of which relies on everyone being in the same place.
But for the next tier of institution – operating in a crowded, competitive marketplace – he says their online offer can help them stand out and meet the expectations of students.
Through Coursera and other online learning platforms, universities have been able to buy in courses licensed from the likes of Harvard University and offer them to students for credit, without having to invest in building up a faculty of their own.
He?said they are also seeing Coursera being used to supplement existing courses by offering digital elements to programmes that were traditionally?taught?solely face to face.
But it is the offer of short courses and professional certificates that helps graduates develop a “hybrid portfolio” that will?assist?universities in fending off competitors, according to Mr Maggioncalda.
He warned that institutions in Europe are making slower progress than those in the emerging markets of East Asia, Latin America and the Middle East – and some are starting to see enrolments going down as a result.
“During the pandemic there has been a lot of investment in edtech companies”, he said. “You’ve got bootcamps and microcredentials and Microverse. There are so many players now trying to compete for those students.
“A lot of lower-tiered and vocational schools are saying the students aren’t coming to my schools any more because they are doing this other stuff. We’re seeing another level of innovation and alternatives that we didn’t see before the pandemic, and part of the reason is there is so much capital flowing into edtechs.
“I think universities are like: ‘Whoa, we were the only game in town and now very rapidly there’s a lot of other games in town; how can I compete with them?’
“We’re trying to say we can help; it’s not that hard. Add in these professional certificates and you’ll be a long way toward matching what the other players are doing. You’re going to have to change your diet ? the world is profoundly changing at a rate we’ve not seen before.”
