Excellent article about a new innovative college – Minerva (named
after the Roman goddess of wisdom).
Minerva does not see itself competing with the Massive Open
Online Courses (MOOCs) like Coursera and the Khan Academy. Instead they view
the content and lectures in these new entrants as complementary to what they
offer and believe that fee online content will get even better and more extensive over time.
I hope that we see many new entrants in the post-secondary
world of education. We need massive trial and error to break down many of the conventions that are restricting us from delivering
more learning and more job creation for the dollar spent. Maybe it is time to focus less on football,
climbing walls, park-like campuses and more on education. I
think that fewer high school grads should immediately head off to college, and
maybe they only need two or three years before they can be ready to start or
join a business or move onto the next phase of life.
One vestige that Minerva retained is “on-campus” residence
halls. But the classes are not in person with a professor (who might be working
from anywhere in the world) via an interactive on-line discussion and testing
process of discussion, debate, and quizzes.
After the first year in San Francisco, each student changes
locations each semester, allowing the student to experience different societies. Today the other campuses are in Hong Kong,
Buenos Aires, Berlin, London, Cape Town, Mumbai, New York and Sydney.
It is great to see some experimentation in higher education.
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Investors, Traders and Entrepreneurs.
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