Coursera

Introduction

 Coursera Inc. is a U.S.-primarily based totally large open on-line direction company based in 2012 through Stanford University laptop technology professors Andrew Ng and Daphne Koller. Coursera works with universities and different companies to provide on-line guides, certifications, and tiers in lots of subjects. In 2021 it changed into predicted that approximately one hundred fifty universities presented greater than four,000 guides thru Coursera.

History 

Coursera changed into based in 2012 through Stanford University laptop technology professors Andrew Ng and Daphne Koller. Ng and Koller began out supplying their Stanford guides on-line in fall 2011, and shortly after left Stanford to release Coursera. Princeton, Stanford, the University of Michigan and the University of Pennsylvania had been the primary universities to provide content material at the platform. Offerings have because extended to consist of Specializations – collections of guides that construct abilties in a particular subject – in addition to tiers and a body of workers improvement product for agencies and authorities companies.

In 2014 Coursera acquired each the Webby Winner and the People's Voice Winner awards.

Finances 

Coursera's sales rose from $184 million in 2019 to $294 million in 2020. To date, Coursera has now no longer made a profit. The enterprise misplaced $sixty six million in 2020 as they ramped up advertising and marketing and advertising.

For the primary sector in 2021, Coursera pronounced sales of $88.four million, up 64% from a 12 months earlier, with a internet loss of $18.7 million, or $13.four million on a non-GAAP basis. Coursera stated customer sales changed into $51.nine million, up 61%, whilst organization sales changed into $24.five million, up 63%, and diploma packages had sales of $12 million, up 81%. In 2019, the enterprise raised $103 million in Series E spherical of investment from the SEEK Group, Future Fund and NEA. The enterprise reached valuation of $1 billion+ in 2019. In July 2020, the enterprise introduced it had raised $one hundred thirty million in Series F investment and updating its valuation to $2.five billion.

Business version 

In September 2013, it introduced it had earned $1 million in sales thru the sale of validated certificate that authenticate a hit direction completion. Coursera first rolled out a sequence of fee-primarily based totally direction options, which protected validated credentials for completion, in 2013. As of October 2015, the enterprise had raised a complete of $146.1 million in task capital.

In January 2016, Coursera rolled out prices to earn grades and evaluation for "the full-size majority of guides which can be a part of Specializations." The enterprise gives Financial Aid to folks who exhibit a need.

In July 2016, the enterprise released an organization product referred to as Coursera for Business. TechCrunch notes that the enterprise, "opened itself to extra sales from the moneymaking company e-mastering market, which a few reviews endorse changed into worth $12 billion withinside the US alone." Coursera for Business clients consist of L’Oréal, Boston Consulting Group, and Axis Bank. In October 2016, Coursera released a month-to-month subscription version for Specializations in conjunction with a 1-week unfastened trial. The enterprise has stated subscription expenses will vary, "relying on the subject area."

In January 2017, the enterprise released Coursera for Governments & Nonprofits. Coursera has introduced partnerships with the Institute for Veterans & Military Families withinside the United States and entities in Egypt, Mongolia, Singapore, Malaysia, Pakistan, and Kazakhstan. In June 2017, Jeff Maggioncalda have become the CEO of Coursera.

In March 2018, Coursera released six completely on-line diploma guides along with the bachelor's and master's qualifications in numerous domains.

In March 2021, Coursera filed for an IPO. The nine-12 months-vintage enterprise added in roughly $293 million in sales for the monetary 12 months ended December 31 — a 59% boom fee from 2019, in keeping with the filing. Net losses widened through roughly $20 million 12 months over 12 months, reaching $sixty six.eight million in 2020. Coursera spent $107 million on advertising and marketing in 2020.

Strategic companions 

the full range of companions is greater than two hundred throughout 29 countries. Coursera specifically works with universities and colleges, however additionally with companies and governments. University companions consist of University of São Paulo in Brazil, University of London withinside the UK, Indian School of Business of India, Yonsei University in Korea, and establishments like Yale, University of Illinois and University of Pennsylvania. Google released Professional certification application. Google will take into account all of its certificate because the equal of a 4-12 months university diploma

Product and services 

Courses 

Coursera guides ultimate about 4 to 12 weeks, with one to 2 hours of video lectures a week. These guides offer quizzes, weekly exercises, peer-graded and reviewed assignments, an elective Honors assignment, and now and again a very last mission or examination to finish the direction. Courses also are supplied on-call for, wherein case customers can take their time in finishing the direction with all the cloth to be had at once. Coursera presented 104 on-call for guides. They additionally offer guided initiatives which might be brief 2-three hour initiatives that may be achieved at home.

According to 'Coursera Impact Report 2020', the pinnacle 5 maximum famous guides that humans analyze from Coursera had been touch tracing, virtual advertising and marketing, mission management, Python programming, and social psychology.

Degrees 

As of 2017, Coursera gives complete master's tiers. They first began out with Master's in Innovation and Entrepreneurship from HEC Paris and Master's of Accounting from the University of Illinois however have moved directly to provide Master of Computer Science in Data Science and Master of Business Administration, each from University of Illinois. Also as a part of their MBA packages, there are a few guides which might be presented separately, which might be protected withinside the curriculum of positive MBAs while enrolling in training which includes their virtual advertising and marketing guides.

Professional certificate 

Google, IBM, Meta and different famous companies, released numerous guides for expert certificate, permitting college students to fill the body of workers in numerous sectors, which includes records analytics, IT support, virtual advertising and marketing, UX design, mission management, and Data technology. According to Google, their guides are equal to four 12 months tiers. They additionally presented 10,000 scholarships. Google and its 20+ companions will be given the ones certificate as four-12 months diploma equal.

Impact 

In 2020, in reaction to the COVID-19 pandemic, Coursera released a direction through the Jameel Institute at Imperial College London. Called "Science Matters: Let's Talk About COVID-19", the direction changed into the maximum famous released on Coursera in 2020, with over one hundred thirty,000 enrolled newcomers that 12 months. The direction changed into provided through Jameel Institute studies lead Professor Helen Ward and deputy director Dr Katharina Hauck, with precise modules in collaboration with different researchers from throughout Imperial.

Outreach and sponsorship packages 

In March 2020, in reaction to the worldwide COVID-19 pandemic, Coursera along its companions backed over one hundred fifteen certification guides for folks who can also additionally were stricken by the worldwide pandemic. This is a part of an outreach initiative for folks who can also additionally have misplaced their jobs, were retrenched, have had their salaries reduced, or who can also additionally simply need to enhance and develop through mastering and growing their technical abilties thru identified certifications. The application ended December 31, 2020, however many unfastened guides on Coursera continue to be to be had thru auditing.