Mohan Lakhamraju, founder of Great Learning, discusses why purely self-paced MOOC models struggle with learner completion.
Opinion
Lakhamraju: 38 million Indian college students currently receive poor quality education
“There are like, I think, forty million students that are there in higher education today. And, you know, most of them other than probably a million or two million are actually getting very poor quality education.”
Insight
Lakhamraju: India's education system fails to equip students as self-learners
“The call that we took was that to have high quality learning outcomes most people need support and assistance. You know, so our education system in India doesn't really equip us to be good self-learners.”
Prediction Didn’t hold up
Lakhamraju predicts the global corporate training market will transition 100% online
“Maybe some of it for very senior leadership will go back offline, but for most of the others, it's going to be a hundred percent online. So the entire corporate trading market is going to go online.”
Assertion Not checkable as stated
Lakhamraju: Politicians and real estate developers owned most Indian colleges in 2009
“This was a time when most academic institutions were you know, kind of owned and owned by people from real estate, political backgrounds, You know, manufacturing, and all of those kinds of things, and these are not people that were really focused on education,…”
Insight
Lakhamraju: Passion impairs investing because attachment obscures when to sell
“As an investor, you need to be dispassionate, you know? So in fact, passion makes you know, not be a great investor, right? Because you get too attached to different things. You don't really it's hard to, Figure out the right time to sell if you are very passi…”
Insight
Lakhamraju: Emotional attachment helps early-stage investors but hurts late-stage investors
“And I think particularly when you are a late stage and I think it helps when you are an early stage investor, because there, you know, that involvement and investment is required, but as a late stage and public markets investor, that's actually, I think, not a…”