European MOOC Platform Nearing 500,000 Enrollments

Launched last October, European MOOC platform iversity.org has now reached nearly 500,000 enrollments in its 28 massive open online courses. A total of 5,000 students completed the first five courses.
As a pilot run, students were able to obtain ECTS (European Credit Transfer and Accumulation System) credit points in two courses — "Introduction to Business Studies" and "Marketing" — even if they were not enrolled at one of the institutions offering the course. To earn the credits, online students were required to complete an onsite exam, available at multiple locations in Germany. The company is using the revenue from for-credit students to fund course production. More...