MOOCs: Learning in the Digital Age. Knowledge Anytime Anywhere

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1 MOOCs: Learning in the Digital Age Knowledge Anytime Anywhere

2 is a program launched by IIM Bangalore with the aim of providing access to world-class IIMBx education in management and related areas to every interested learner in India and across the world. IIMB believes in the disruptive power of technology and is committed to leveraging digital channels to bring our motto of radiant learning to life. The Institute aims to achieve this goal by offering Massive Open Online Courses (MOOCs) through edx, a not-for-profit online initiative of Harvard and MIT that offers online courses from the world s best universities and organizations. A premier management school established in 1973, the Indian Institute of Management Bangalore (IIMB) is EQUIS accredited and offers a range of doctoral, post-graduate and executive education programs. Located in Bangalore, India s high-tech capital, IIMB is strategically positioned to expose students to all facets of India s growing economy. At the core of IIMB is its faculty a 140-plus group of highly qualified researchers, educators and practitioners from the best universities and business schools in the world. They generate knowledge through cutting-edge research in all functional areas of management and their research is published in leading academic and practitioner journals. At IIMB, we recognize that education will be delivered in a radically different manner in future, thanks to technology. People who could not afford world-class education will now have access to it. Through IIMBx, we will leverage new technologies and deliver education via MOOCs. Handpicked courses taught by some of our eminent faculty will be offered free of cost as MOOCs through the edx platform. Sushil Vachani Director, IIMB Committed to be a global leader in knowledge dissemination, IIM Bangalore is embracing and leveraging technology to provide access to quality education and create long-term social benefits. Kiran Mazumdar-Shaw Chairman, Board of Governors, IIM Bangalore M Massive, because there is no limit on the class size Digital Age Learning and MOOCs The MOOC is built for a world where information is everywhere! -Dave Cormier, Educational Activist, University of Prince Edward Island, credited with coining the term MOOC in 2008 International Recognition Ranked by Financial Times London O Open, because anyone with an Internet connection can learn O Online, because physical location is no longer a barrier The MOOC is a powerful force in online education that has opened doors to quality education in every corner of the world. If Gutenberg democratized education through his printing press in the Middle Ages, MOOC might very well be called its sequel. Whilst education in a premier institution has been the privilege of a few until now, MOOCs use technology to enable anytime, anywhere learning in a global classroom. Top 50 Doctoral Programme in 2014 Top 50 Executive Education in th consecutive year, in 2014, IIM Bangalore was ranked Best Business School in Central Asia by Eduniversal, Paris. Received the prestigious Obama-Singh 21st Century Knowledge Initiative award Partners with 114 top management schools in the world C Course

3 Why IIMBx The vast Indian talent pool has traditionally been handicapped by physical capacity constraints of premier educational institutions. Only the very best would qualify to partake of such knowledge, while an equally deserving majority had been deprived of it. Universal access to quality education is the prime objective and driving philosophy behind the IIMBx initiative. As the potential impact of this program is very broad, IIMBx will reach a much wider and diverse spectrum of learners across India and around the world, ranging from students wanting to broaden their horizons, to teachers looking to enhance their pedagogy. What IIMBx offers courses in core areas of management, delivered by some of our best faculty in their respective areas of expertise. Six courses on Business Statistics, IT Innovation and Operations Management, Sustainability and Economics have been launched. More courses are being prepared for launch later this year in the areas of Analytics, Finance and Strategy, among others. How At IIMB, we are gearing up to create the capability to teach differently. Our MOOCs embrace the active learning methodology by giving the learner an opportunity to employ various learning modalities listening, watching, reading and acting on the knowledge gained. Each concept is explained through carefully designed learning sequences that intersperse bite-sized videos with quizzes, readings and assignments. Discussion forums with thought-provoking questions add to the peer learning experience. What Next IIMBx will launch around ten courses in the first year. The response to these courses will be carefully monitored and analyzed to not only improve the design of future MOOCs, but also to use our learning from MOOCs to enhance the educational experience of our students enrolled in on-campus programs. About edx EdX offers interactive online classes and MOOCs from the world s best universities, colleges and organizations. Most topics are related to subjects such as science, engineering, arts, philosophy, literature, business and economics. Through institutional partners and other leading global members, edx presents the best of higher education online, offering opportunity to anyone who wants to achieve, thrive and grow. Founded in 2012, edx is a non-profit online initiative created by its founding partners Harvard and MIT. EdX today has over 3 million users taking over 300 courses online and enjoys affiliation to institutions like Stanford University, UC Berkeley, University of Queensland, Harvard, MIT, IIT Bombay and IIM Bangalore. We are honored to welcome IIM Bangalore to edx. A leading B-school in India, IIMB will deliver high-quality courses and new perspectives to the edx learning community and reach learners around the world. Anant Agarwal CEO, edx

4 Digital Age Learning at IIMB Our mission is to deliver high-quality business and management MOOCs to learners everywhere and create positive social impact using educational technology. Our first promise is that of massive reach, our second is of positive social impact, and the third is of outstanding-quality management education. Our vision is to provide management courses to young graduates, career professionals, entrepreneurs, and micro-enterprises because the principles of management that we teach are relevant to everyone, from a humble trader who has a small grocery store to a young college student interested in broader education. Starting July 2015, IIMBx has launched MOOCs aimed at students, working professionals as well as lifelong learners in Accounting, Analytics, Economics, Finance, Information Systems, Operations Management, Statistics and more. IIMBx will launch around ten courses in the first year. Our vision and mission Higher education, particularly management education, is at a critical juncture. We are entering a new era both at IIMB and in the country. Given the enthusiastic response to IIMB s vision of making quality management education accessible to all, we are confident that we will get there sooner rather than later. If the country wishes to attain global stature, higher education including management education will be at the core of this transformation. IIMB s vision is to address this aspect and build leaders and entrepreneurs who are value driven through a transformative educational process. It will be our humble contribution to make this nation proud and develop a rich legacy for future generations. Some of the MOOCs offered so far are: Statistics for Business I by Statistics for Business II by Innovation and IT Management by Professor Rahul Dé Introduction to Operations Management I by Professor B Mahadevan What Learners Can Expect Get world-class education for free from one of India s top management schools Earn a certificate on completion of the MOOC for free, or an (optional) verified certificate for $25 Learn from globally acclaimed faculty at IIMB Refresh business and managerial skills for better decision-making and career progression Interact with learners from all over the world Who Can Enrol Students who wish to equip themselves with business and management education from a top tier business school Working professionals who want to improve their managerial and decision-making skills Faculty from other management schools who want to add an additional perspective to their understanding of the subjects Lifelong learners who are keen to improve their grasp of a diverse range of topics under the Business Management umbrella Call to Action Register on edx at Strategy and the Sustainable Enterprise by Professor P D Jose Browse our courses at Enrol for our MOOCs Start learning Introduction to Managerial Economics by Professor Subhashish Gupta INDIAN INSTITUTE OF MANAGEMENT BANGALORE Bannerghatta Road, Bangalore

5 Introduction to Operations Management I by Professor B Mahadevan Introduction to Operations Management I Professor B Mahadevan Course Start Date: 18th August, 2015 Course Duration: 7 weeks Prerequisites: Basic concepts in statistics such as mean and standard deviation Understand key aspects of business operations and lean management including capacity, productivity, quality and supply chain. Professor Mahadevan is a Professor of Operations Management at IIMB, where he has been teaching since He received his Ph.D. from IIT Madras. He was a visiting scholar at the Amos Tuck School of Business Administration, Dartmouth College, New Hampshire, in and a retainer consultant to Deloitte Consulting LLP, USA, in Professor Mahadevan was one among the 40 nominated globally for the Economic Intelligence Unit s (EIU) Business Professor of the Year Award, He is a member of the editorial board of the Production and Operations Management Journal and the International Journal of Business Excellence. He has published several of his research findings in California Management Review, European Journal of Operational Research, Interfaces, Production and Operations Management Journal and International Journal of Production Research. Identify an operations system with some known standard configurations Make an assessment of the complexity of an operations system Compute cycle times for operations and estimate capacity of the system Understand the various components of a supply chain and the need to configure them appropriately Identify methods for reducing Bullwhip effect in supply chains Understand and relate the concept of lean management to one s own business situation Initiate process and productivity improvement using NVA Analysis Use specific tools and techniques to analyze quality problems Monitor a process using control charts

6 Strategy and the Sustainable Enterprise by Professor P D Jose Strategy and the Sustainable Enterprise Prof. P D Jose Course Start Date: 29th September, 2015 Course Duration: 5 weeks Prerequisites: No prior knowledge or experience is mandatory. However prior exposure in the subject areas of management, especially strategic management will help you navigate through the course easily. Learn how sustainability issues, which often pose big strategic risks for business, may be transformed into sources of competitive advantage. The nature of the sustainability problems faced by businesses The business case for sustainability: Links between sustainability strategy and corporate performance How can firms integrate sustainability concerns into their business strategy? Which tools and techniques may be employed for this? Applied understanding of stakeholder management, non-market environment and issues/crisis management. Dr. P D Jose is Associate Professor of Corporate Strategy and Policy. Prior to joining IIMB, he was a member of the faculty at the Administrative Staff College of India, Hyderabad. He teaches the core courses on strategy and electives on Corporate Environmental Management, Sustainable Enterprises and Understanding Corporate Failures. He has been a visiting faculty at Cardiff Business School, IIM Kozhikode, and Gothenburg School of Business, Economics and Law at the University of Gothenburg. He was a Fulbright Fellow at the Massachusetts Institute of Technology, Boston and Kenan-Flagler Business School, North Carolina, during He visited the Kennedy School of Government, Harvard University as a research scholar on a UNDP/GoI fellowship. He was also an ESRC Visiting Fellow at the Centre for Business Relationships, Accountability, Sustainability and Society (BRASS) at Cardiff University during and again in He is a member of the ICAI Accounting Research Foundation s Committee to suggest a suitable framework for Sustainability Reporting in India. He is also on the advisory group for GRI Focal Point in India.

7 Introduction to Managerial Economics by Professor Subhashish Gupta Introduction to Managerial Economics Prof. Subhashish Gupta Course Start Date: 20th October, 2015 Course Duration: 5 weeks Prerequisites: Basic analytical and logical reasoning skills: the ability to understand and draw simple graphs and knowledge of elementary (10 th standard, high school) algebra. An introduction to Microeconomics and its impact on managerial decision making in today s business world. How markets work and market equilibrium Elasticity of supply and demand, pricing, taxes and subsidies Production of goods and services, measures of productivity Making decisions for hiring and spending on infrastructure Opportunity costs, different cost concepts, planning for the future Different types of competitive pressures Problems with markets and what we can do about it Dr. Subhashish Gupta s research interests are in Applied Game Theory and Economics of Uncertainty and Information. In particular, he is interested in Economics of Organizations, Industrial Organization and Economics of Regulation and Competition Policy (Antitrust Economics). His current projects include Competition Policy in ICT markets, Impact of Revenue Sharing Mechanisms on Network Expansion in Telecommunications, the impact of value added services (VAS) to telecommunication revenues and linkages between consumer uncertainty and package sizes. He has served as a consultant to the World Bank, ADB and TERI. His interaction with these institutions has been to write research reports on Telecommunication, Regulation and Competition Policy (Antitrust Economics). He has served as a consultant to the Government of India and the Competition Commission of India. He has also been a consultant with 24/7. He has taught numerous courses to different audiences during his tenure at IIM Bangalore. He has taught Managerial Economics to post graduate students and is currently developing an online version of the course. He has taught Game Theory and Industrial Organization across different programs and has also taught a course on Economic Regulation in the past. He has taught in various executive programs. He has served as the chair of the Economics area and has been the Admissions chair for IIM Bangalore.

8 Innovation and IT Management by Professor Rahul Dé Innovation and IT Management Professor Rahul Dé Course Start Date: 21st July, 2015* Course Duration: 6 weeks Prerequisites: Basic familiarity with IT use and terminology. Also, basic understanding of business and economics concepts. Professor Dé is the Hewlett-Packard Chair Professor in ICT for Sustainable Economic Development at IIMB. Before joining IIMB, he was an Associate Professor at Rider University in New Jersey, USA. In July 2010, he received the Best Professor in Information Systems award at Asia s Best B-School Awards in Singapore. He received the Outstanding Paper Award at the Eighth International Conference on Electronic Government, EGOV 2009, at Linz, Austria. He was awarded the Rene Wagenaar Outstanding Paper Award at the Sixth International Conference on Electronic Government, EGOV 2007, in Regensburg, Germany. He holds a B.Tech from IIT Delhi, MBA from FMS, Delhi and PhD from JM Katz Graduate School of Business, University of Pittsburgh, USA Managing IT and Innovation requires subtle decision-making skills. You will learn how to make decisions related to: Competing with IT Managing digital networks and security Making sense of the evolving IT landscape Developing software and managing projects Managing crowd innovation Social and ethical aspects of IT *archived

9 Statistics for Business I by Statistics for Business II by Statistics for Business I Course Start Date: 7th July, 2015* Course Duration: 5 weeks Prerequisites: Basic Algebra and some Calculus Professor Venkatagiri is a faculty member in the Quantitative Methods and Information Systems area at IIMB. He is a mathematician and a computer scientist by training, and has worked in IT consulting in and around Boston, prior to pursuing an academic career. Professor Venkatagiri has a Ph.D. from Georgia Institute of Technology, Atlanta, USA. His interests lie in analytics and cloud computing. He employs tools such as learning management systems and instructional videos to promote interactivity and learning beyond the classroom. He is interested in extending the open source paradigm to the field of education and is deeply interested in improving the state of public education. The introduction to statistics course examines data from the perspective of business scenarios and demonstrates how to apply these data to make better decisions. To download data from prominent Internet sources To analyse a dataset using spreadsheet software To pose pertinent business questions of datasets and to answer them To clean up a dataset and summarize the data using single point measures of centrality and dispersion To classify variables by scale and aggregate them with pivot tables To build an understanding of probability, joint and marginal probability, conditional probability To apply Bayes rule to invert probabilities on a decision tree *archived

10 Statistics for Business I by Statistics for Business II by Statistics for Business II Course Start Date: 6th October, 2015 Course Duration: 5 weeks Prerequisites: Basic Algebra and some Calculus Professor Venkatagiri is a faculty member in the Quantitative Methods and Information Systems area at IIMB. He is a mathematician and a computer scientist by training, and has worked in IT consulting in and around Boston, prior to pursuing an academic career. Professor Venkatagiri has a Ph.D. from Georgia Institute of Technology, Atlanta, USA. His interests lie in analytics and cloud computing. He employs tools such as learning management systems and instructional videos to promote interactivity and learning beyond the classroom. He is interested in extending the open source paradigm to the field of education and is deeply interested in improving the state of public education. The introduction to statistics course examines data from the perspective of business scenarios and demonstrates how to apply these data to make better decisions. To download data from prominent Internet sources To analyse a dataset using spreadsheet software To pose pertinent business questions of datasets and to answer them To clean up a dataset and summarize the data using single point measures of centrality and dispersion To classify variables by scale and aggregate them with pivot tables To build an understanding of probability, joint and marginal probability, conditional probability To apply Bayes rule to invert probabilities on a decision tree