Role of MOOCs for Technology and Business Education
Education with the help of technology is deliberated as an encouraging development and means of transforming the teaching-learning model. The significant changes in use of the technology in online education has seen the emergence of the concept of massive open online courses (MOOCs). India has the world's largest youth population of about 500 million in the age bracket of 5-24 years. According to the statistics offered by Deloitte, 69% of jobs will be impacted by automation and analytical skills. Critical thinking and emotional intelligence will have a higher demand as against reading and writing by 2022. The World Economic Forum's ‘Future of Jobs 2018' report states that more than one-half of India's workforce will have to be reskilled by 2022. There is a need to make the Indian educational system globally more relevant and competitive. In this context, this chapter attempts to bring out the various aspects related to the challenges and opportunities through usage of MOOCs in technology and business education, especially in the context of the new education policy of the Government of India in 2020.