August 15, 2013 1:47 pm

Mooc brings Silicon Valley programmes to the masses

NovoEd, the online education company, has launched a cluster of programmes for entrepreneurs, including courses from some of the top US business schools in this field, such as Babson College and Stanford. The dozen courses also include five from the Kauffman Fellows Academy, which specialises in training venture capitalists.

NovoEd, which launched in April 2013, bridges the gap between paid-for online courses and Moocs – massive open online courses – with a platform that supports both collaborative, small group teaching within universities and large-scale open programmes. The payment model also varies, with between 70 and 80 per cent of courses available free of charge, the remainder available for a fee.

Stanford professor of management science and engineering Amin Saberi, the founder of NovoEd, says he expects there will be around 30 courses in the entrepreneurship cluster within a year. “We aim to have the full curriculum for a master's degree.”

Courses cover topics such as raising start-up capital, accounting for entrepreneurs and negotiations. Prof Saberi is now investigating the sourcing of courses in other areas of business study.

Although NovoEd, based in Menlo Park California, launched just four months ago, some 300,000 students have already taken courses in entrepreneurship on the site. Geographically students come from everywhere in the world, says Prof Saberi, including Saudi Arabia, India – and California.

novoed.com

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