Design your MBA with MOOCs

hindustan times

With multiple management education courses available on the internet, including Massive Open Online Courses (MOOCs), students can now design their own MBA. Here is the list of some online courses, a must for every management student.

  • 1 Introduction to finance:
  • In this course, concepts pertaining to financial analysis and decision making are explained in a simple manner. At the end of the course, you will get an understanding of the stock markets, bonds, yields and will be able to make your own financial plans.
    This course is offered by the University of Michigan. Register for this course at: http://open.umich.edu/education/business/introductionfinance/summer2012

  • 2 The analytic edge:
  • This course examines real cases and demonstrates how analytics is helping organisations improve their business and performance. In a world of increasing social interactions, complex data collection, understanding how to use big data can give you an edge. It is offered by the Massachusetts Institute of Technology. Register for this course at: https://www.edx.org/course/ analytics-edge-mitx-15-071x-0#!

  • 3 Principles of microeconomics:
  • There is never a dull moment in this course. Every concept is explained through real life examples. You will learn the basics of microeconomics, the underlying assumptions and how to use economic principles in your day-to-day life.
    It is offered by the University of Illinois at UrbanaChampaign. Register for this course at: https://www.coursera.org/course/microecon

  • 4 Introduction to human resources:
  • This course introduces you to the core human resource functions of an organisation. Through this, you will develop a broad understanding of issues such as recruitment, training and development and performance management. It is offered by the Open Training Institute Australia.
    You can register for this course at: https://www.open2study.com/courses/humanresources-090215

  • 5 Design thinking action lab:
  • In this course, you will be introduced to the basics of design and tool kits. At the end of the course, you will learn to apply the design thinking process to real life situations.
    It is offered by Stanford University’s Hasso Plattner Institute of Design. Register for this course at: http://online.stanford.edu/ course/design-thinkingaction-lab

  • 6 Understanding economic policy making:
  • Are you confused about words such as austerity, fiscal policy, deficits, balance of trade and debts? If yes, this course may be useful for you. It takes a non-technical approach to understanding how governments influence the macro economy. It provides an overview of all key economic terms and their impact on day-to-day life.
    It is offered by IE Business School, you can register for this course at: https://www. coursera.org/course/econpolicy

  • 7 Introduction to project management:
  • This course teaches you to manage a project from start to finish, including various standards. Students can also learn the art of managing different stakeholders. It is offered by Polytechnic West, Australia. You can access this course at: https://www.open2study. com/courses/principles-ofproject-management

    The author has designed his own international MBA by taking more than
    30 MOOCs over two years.

    (Appeared in The Hindustan Times, multiple editions on 27-05-2015)

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