MOOCs: Digital Age Learning

It’s fun. It’s free. It’s the future.

Established in 1973, the Indian Institute of Management Bangalore (IIMB) is widely acknowledged as one of the premier management institutes in India with an international reputation for its programs, alumni and faculty. IIMB’s faculty have

studied and taught at some of the best universities in India and abroad. They bring vast industry, consulting and academic experience to IIMB, making it a hub of vibrant academic activity. They are actively engaged in policy formulation, research, case writing and consulting. Their research papers and analysis are printed in leading academic and practitioner journals and create a huge impact in the business world.

IIMB’s research centres include the Centre for Public Policy, the Nadathur S Raghavan Centre for Entrepreneurial Learning, the Centre for Financial Markets and Risk Management, the Centre for Corporate Governance and Citizenship, the Centre for Software and IT Management, the Centre for Supply Chain Management and the Centre for Enterprise Resource Planning. IIMB collaborates with over a hundred leading management schools in the world for various research initiatives and student and faculty exchange programs.

International Recognition

IIMB has been awarded the EQUIS accreditation (European Quality Improvement System) from the European Foundation for Management Development (EFMD) which recognizes institutions that satisfy international standards.

The Financial Times has rated IIMB’s doctoral program in the Top 50 globally. The adjacent schools in this list include Cornell University, University of Minnesota, Yale University and Marshal School at USC. QS Report has ranked IIMB among the top ten business schools in the Asia-Pacific region for three years.

For the seventh consecutive year, in 2014, IIMB has been ranked the best business school in Central Asia by Eduniversal, Paris. The Institute has been awarded “5 Palmes”, the highest level of recognition, in the Eduniversal Worldwide Business School Rankings, accorded to “business schools with major international influence”.

“At IIMB, we recognize that the way education will be delivered in future will be radically different, thanks to technology. People who could not afford a world-class education will now have access to it. IIM Bangalore is India’s first management school to join edX as a Participating Member. 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 VachaniDirector, IIMB

Why IIMBxThe 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. With MOOCs, IIM Bangalore is embracing and leveraging technology to provide access to quality education and create long-term social benefits.

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.

WhenThe inaugural set of courses will be launched in July 2015. The duration of each course is 4 to 8 weeks.

WhatIIMBx will offer courses in core areas of management, delivered by some of our best faculty in their respective areas of expertise. Four courses on Business Statistics, IT Innovation and Operations Management are scheduled for launch. More courses are being prepared for launch later in the year in the areas of Analytics, Finance and Strategy, among others.

HowAt IIMB, we are gearing up to create the capability to teach differently. Our MOOCs embrace the “active learning” methodology by giving the learner the opportunity to employ various learning modalities – listening, watching, reading and acting on the knowledge gained. Each concept is explained using a carefully designed learning sequence that intersperses bite-sized videos with quizzes, readings and assignments. Discussion forums with thought-provoking questions add to the peer learning experience.

What NextIIMBx will launch around ten courses in the first year. The response to these courses will be carefully monitored and analyzed so that we can not only improve the design of future MOOCs, but also use our learning from MOOCs to enhance the educational experience of our students enrolled in on-campus programs.

IIMBx is a program launched by IIM Bangalore with the aim of providing access to world-class 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. Our mission is to deliver high-quality business and management MOOCs to learners everywhere and create positive social impact using educational technology.

Starting July 2015, IIMBx will launch MOOCs through edX aimed at students, working professionals as well as life-long learners in Accounting, Analytics, Economics, Finance, Information Systems, Operations Management, Statistics and more.

M Massive, because there is no limit on the class size

O Open, because anyone with an Internet connection can learn

O Online, because physical location is no longer a barrier

C Course

New 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

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.

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 AgarwalCEO, edX

IIMBx MOOCs

The following MOOCs from IIMBx are now open for enrolment:

Statistics for Business – I by Professor Shankar Venkatagiri

Statistics for Business – II by Professor Shankar Venkatagiri

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.

Innovation and IT Management by Professor Rahul Dé

Professor Dé is the Hewlett-PackardChair 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 InformationSystems 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 PaperAward 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

Introduction to Operations Management – I by Professor B Mahadevan

Professor Mahadevan is a Professor of Operations Management at IIMB, where he has been teaching since 1992. 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 1999–2000 and a retainer consultant to Deloitte Consulting LLP, USA, in 2001–2002. Professor Mahadevan was one among the 40 nominated globally for the Economic Intelligence Unit’s (EIU) Business Professor of the Year Award, 2012. 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.

INDIAN INSTITUTE OF MANAGEMENT BANGALOREBannerghatta Road, Bangalore 560 076

Call to Action

Register on edX at http://www.edx.org

Browse our courses at http://www.edx.org/school/iimbx

Enrol for our MOOCs

Start learning

What Learners Can Expect

• Get world-class education for free from one of India’s top B-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 B-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

Statistics for Business Course Start Date: 7th July, 2015

Course Duration: 5 weeks

Prerequisites: Basic Algebra and some Calculus

The introduction to statistics course examines data from the perspective of business scenarios and demonstrates how to apply these data to make better decisions.

What you will learn

• 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

Innovation and IT ManagementCourse 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.

What you will learn

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

Introduction to Operations Management – I 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.

What you will learn

• 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