Balance this against the investment of the Partners. FutureLearn has many universities and other warm bodies pumping out courses for this platform – each comes at a cost (investment?) for the partner. Individually, partners may have their logic as to why they are creating courses -but let’s stop and pause for second.
How many courses & how much does each one cost? It adds up to an additional £9m.
A review of the number of courses FutureLearn has to offer makes it just under 400 which have run so far (*not* including repeats).
£30k is the cited average cost of developing a Mooc (thx https://www.timeshighereducation.com/news/moocs-fluctuating-rates-in-online-investment/2019816.article)
This means Partners have invested circa £8,880,000 of (mostly) public money into this platform’s core offering – courses.
If you add in the re-runs and upcoming courses, you could probably double the number of courses. Re-runs cost less, but we could be heading towards a ‘match funding’ partner looking at us right in the mirror…
I just thought this was worth adding.