State Bank of India (SBI) announced on the 28th October that it will soon offer its Massive Open Online Courses (MOOCs). SBI has collaborated with global non-profit education platform edX. SBI Chairman Dinesh Khara was quoted saying, “It gives me immense pleasure to announce SBI’s partnership with edX which is one of the biggest MOOCs platforms. MOOCs are fast gaining popularity among students and working professionals as they offer an opportunity for anytime, anywhere learning. I am confident that this collaboration will benefit millions of learners, career-oriented individuals and organizations across the globe.”
Online courses and distance learning programmes are in a rage for quite a few years. However, the COVID-19 outbreak and onset of the pandemic has replaced classroom learning with virtual learning. This has opened new ventures for online education and ED Tech firms. In the light of growing business opportunities, SBI has decided to enter the business with the vision of benefiting learners.
SBI is set to begin the venture with three online courses. The courses offered are: Unleashing Creativity at the Workplace, Relationship Marketing Strategy for Financial Services, and Conflict Resolution. The course duration will range from four to six weeks, with each student having to dedicate two to three varying hours per week on each course. In order to apply for the courses, no necessary qualifications are mandatory.