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MOOCs at work – the changing approach to Professional Development Peter Mellow, Susan Batur, Jamie Morris & Grace McCorkell [email protected]

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MOOCs at work – the changing approach to Professional DevelopmentPeter Mellow, Susan Batur, Jamie Morris & Grace McCorkell

[email protected]

Presentation outlineIntroduction

• What are MOOCs (Massive Open Online Courses) and why are they so popular?

• Introduction of Coursera - original purpose + shift in the way MOOCs are being used

• History of MOOCs at The University of Melbourne

Issues

• What are some of the issues we know the modern student faces?

• Graduate skills gap

• Increasingly - combining work with full time study

• Rising cost of formal education

Solution

• Coursera introduce Global Skills Initiative

• Partnership: Bank of New York Mellon - Coursera - The University of Melbourne

• Benefits & Challenges

• Examples from course

Next

• Increase specialization offerings & industry partnerships

• Micro-credentialing

MOOCs• Short courses – typically 6 to 8

weeks

• Teaching delivered by academics from Universities around the world

• Free or low cost (when compared to rising cost of formal tuition)

• No entry requirements –anyone can take a MOOC!

• Content is of high academic standard and comparable to on-campus equivalent

• Not for credit*

• Flexible

MOOCs cont.• Assessment: Peer based and

automated marking

• Self directed learning

• Peer to peer support in forums

• MOOCs rely heavily on video for content delivery

Coursera"I would like to make it so that education was a right, and not a privilege. [So that] anyone around the world who the wish to learn...that opportunity would be there for anyone, at any time, regardless of their geographic, financial or social circumstances"

Daphne Koller

MOOCs at UniMelb• 2012: Coursera/UniMelb

partnership announced

• 7 courses - 2013

• 78000 students enrolled in one course!

Over 1 million enrolments!

MOOCs for Professional Development – insights from our students• Students used certificates to support job

applications

• Employees used certificates to demonstrate motivation to gain skills and knowledge in area relevant for promotion

• Employers increasingly using MOOCs for blended workplace training

MOOCs for our own(informal) Professional Development• Open for all to view

• Informal learning for Teaching and Learning staff at the University

• New ideas re video and peer-based assessment

• Library staff - increased knowledge around copyright

Coursera announcesGlobal Skills Initiative• Companies – BNY Mellon,

Microsoft, Cisco, UBS

• "The Global Skills Initiative connects leaders in industry and education to provide job-relevant skills for a global workforce" -Coursera

• Aims to provide students with opportunities to gain and further develop job-relevant skills

BNY Mellon

BNY University is not Trump University

Thanks to Dean from our creative team for whipping up this photo of three great online educators.

• https://hapgood.us/2016/03/08/trump-universitys-online-materials-are-a-lot-better-than-your-universitys-online-materials/

BNY + UniMelbBNY Mellon:

• Access to high performing students – potential new recruits

• PD for existing employees from well regarded universities

• Opportunity to extend brand to global audience and in several languages

The University of Melbourne:

• Opportunity for students to connect with potential employers & industry experts

• Real cases to support learning

• Job relevant skills embedded in curriculum

Essentials of Corporate Finance Specialization

4 x 4 week courses + capstone

2017 Excellence in Engagement – Teaching Award, University of Melbourne

http://engagement.unimelb.edu.au/students/awards/sean-pinder-paul-kofman-and-deborah-jones

“To me, at its essence, engagement is about providing meaningful access to my skill-set to those that I otherwise wouldn’t have contact with through my normal employment within the University of Melbourne. Without the MOOC, I would not have had the chance to engage in the many discussions with executives at BNY Mellon about the application of finance theory to practice.”

Associate Professor Sean Pinder

“Equally, without the MOOC I would not have had the chance to engage with the 60 year old professional in Brazil or the budding undergraduate student in Ghana who were otherwise struggling to find quality materials in the area that they could easily access. Being able to construct a course that brought those two disparate groups (multinational financial institution and intellectually engaged individuals) together has been especially pleasing.”

Associate Professor Sean Pinder

For learners:• Learnt skills and tool sets used on a day to day basis

by finance professionals solving real business problems in complex environments

• Exposure to up to date events occurring in financial markets across the world

• Students exposed to not only academic side of making sound corporate financial decisions but in practical

The student voice

• Thanks to both professors and their support staff. I learned a lot of things that I did not know before, many of which will be helpful in my work in the financial services sector. I especially enjoyed the humor and glimpses into the "real world" of the profession that the Capstone videos provided. Would love to see another course by the same team in the future! RH - Connecticut, USA

• Thanks for what you did for us. Living in a country like mine and getting the best education is posible for us only by your contribution to the Coursera. Please continue this effort to change lives throughout the world.

• Images used throughout were directly from the company

• Case studies used real company data to replicate the types of projects employees at BNY Mellon would typically work on

• Real employees talking about their jobs, directly from their office.

• Appeared in courses to link to content at relevant points throughout the specialization

• Talking about client interactions – common tasks or scenarios encountered at work

Challenges = (lessons)• Branding – BNY Mellon (especially use of media)

• Building trust – initially

• 3 different organisations working together on a single project (Coursera, BNY Mellon, UniMelb on new initiative)

• Unlike original MOOCs, we were one of the first so not a lot to draw on

• Copyright – laws differ across jurisdictions – significant difference between USA and Australia.

• Time difference – greater flexibility required when organising online meetings

• Volume – specialization different to regular MOOC + developing capstone

• Bigger team = bigger budget – including additional teaching assistant

• Production – local filming mixed with BNY content

What's next?• More specializations

• Increase industry partnerships – locally, nationally, internationally

• "Nanodegrees" and micro-credentialing?

• Linking MOOCs to accredited online University of Melbourne degrees

• PD for UniMelb staff (LD MOOC)

Resource

• http://www.scoop.it/t/learning-with-moocs

References• Slide 3:

JuliRose. (2017). Education, online learning and tree of knowledge icons in flat style [Online image]. Retrieved 3 May 2017 from https://www.shutterstock.com

• Slide 3: The University of Edinborough Massive Open Online Courses (2017, May). Retrieved from: www.ed.ac.uk/studying/moocs/about

• Slide 3: Ferriman, J. (2015, January 5). How companies are using MOOCs. [Web log]. Retrieved from http://www.learndash.com/how-companies-are-using-moocs/

• Slide 4: Online Education Grows Up, And For Now, It's Free (2017, May). Retrieved from: www.npr.org/2012/09/30/162053927/online-education-grows-up-and-for-now-its-free

References• Slide 5: Palmer, C. (2012). Melbourne Uni signs on to Coursera with

others expected to follow. Retrieved from: https://theconversation.com/melbourne-uni-signs-on-to-coursera-with-others-expected-to-follow-9720

• Slide 6: Current MOOCs catalogue (2017, April). Retrieved from https://le.unimelb.edu.au/learning-design-and-development/melbourne-moocs-catalogue/

• Slide 9 & 10: Kelly, J. (2017). Old scroll [Online image]. Retrieved 28 April 2017 from https://www.shutterstock.com

• Slide 11: Clark, D. (2014). Ten big reasons for the rise of corporate MOOCs. Retrieved from www.trainingzone.co.uk/develop/cpd/ten-big-reasons-for-the-rise-of-corporate-moocs

References• Slide 11: New, J. (2013). Rise of the corporate MOOC. Retrieved

from https://www.ecampusnews.com/around-the-web/rise-corporate-mooc/

• Slide 11: Fitzgerald, M. (2013). Rise of the Corporate MOOC. Retrieved from www.informationweek.com/strategic-cio/team-building-and-staffing/rise-of-the-corporate-mooc/d/d-id/1112784

• Slide 13: Jones, D. (2015). Coursera changes course on courses. Retrieved from: www.theaustralian.com.au/higher-education/coursera-changes-course-on-courses/news-story/d39e82fece75ba8da2287c8a78f050eb

• Slide 17: Essentials of Corporate Finance Specialization (2017, March). Retrieved from https://www.coursera.ord/specializations/learn-finance

References• Slide 14: The Bank of New York Mellon (2017). Retrieved 28 April

2017 from: https://en.wikipedia.org/wiki/The_Bank_of_New_York_Mellon