“MOOCs are the monster under the bed!” boomed a Dean at an academic conference just over two years ago. “And soon, they are going to come out and get us all!” Two years on and the idea of revolutionary change in higher education seemed to have been mitigated somewhat. The 2014 EFMD Annual Conference in Vienna brought out a more moderated view suggesting that they would make a contribution to teaching and learning, but they would in not way replace the traditional university. Sense at last. If MOOCs are the monster, perhaps they, or at least their underlying business model, are more of the Loch Ness variety. Talked about by many, but very difficult to find. Continue reading
Monthly Archives: June 2014
Rather than do a traditional closing speech, Barbara Sporn began her closing address by asking the audience the one key question from the conference: could they pronounce “WU” properly?! She then thanked the team members of WU for their dedication and effort in setting up the conference as well as Diana Grote and Eric Cornuel of EFMD. Ms. Sporn went on to outline the difficulty in summarizing such a rich conference, adding that EFMD conferences are like stock taking exercises that give time for reflection on issues in management education.
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Richard Straub, introduced the final session of the EFMD Conference 2014, stating then blended learning seemed outdated and the need to discuss what would go beyond this methodology and take us to the next stage.
At the EFMD Annual Conference 2014, Vivek Goel, Chief Academic Strategist, Coursera, kicked off the fourth Plenary by stating that the traditional university has many years to go and will never be replaced by online learning. He then went on to outline exactly what a MOOC is and how they can supplement teaching and learning.
According to Alain Dominique Perrin, the year started positively with the largest number of Deans at the Annual Dean’s Conference in Istanbul. 2300 members have attended events and seminars throughout the year. Problems in the economic cycle mean that business schools are facing many challenges. EFMD is a source of knowledge and sharing of best practices to help them overcome these problems. Mr. Perrin then thanked everyone for attending conferences, being a part of PRT and making contributions on boards.
Alain Dominique Perrin then asked the assembly to ratify the new members into EFMD.
Thomas Estermann began by talking about trends in finance in higher education. According to Mr. Estermann, performance based funding is now widely used but there are different ideas on what exactly the performance should be. The number of Bachelor and Masters Students is very important, as is the number of international students. What happens if the indicators change, especially if more than 50% of funding comes from public funds? Usually the indicators remain stable and there is also a dialogue between the different actors before they are changed.