Coursera is by far the largest MOOC provider, offering 840+ courses. The next biggest provider edX offers 328 courses. In fact, many people who have not heard of the term “MOOC” (Massively Open Online Course) have heard of Coursera, founded by Andrew Ng and Daphne Koller.,
Today, Coursera reached a major landmark – over 10 million people have signed up for on its platform to take courses. This is more than all the other MOOC providers combined.
Many wonder what the business model will be for MOOC providers to monetize their offerings. Coursera has tried many different types of paid offerings and services, but it appears to have found a strong one in verified certificates, which cost $30-70 per person per course, and is currently resulting in over $1M a month in revenues. See our article in EdSurge for an indepth look at Coursera’s monetization model.