Massive online open courses (MOOCs) are revolutionizing the education space, racking up students all over the world in the millions. EdX, a joint venture of the Massachusetts Institute of Technology (MIT) and Harvard University and one of the pioneers of the movement, was set up in May last year with an initial investment of $60 million and has more than a million students for its free courses.

“MOOCs empowers learning and a revolution in the education space. Learn anytime, anywhere and largely free. We now have a presence in over 50 countries and top universities from MIT to Berkeley, from the University of Toronto to China’s Peking University and Kyoto University of Japan are part of edX. These courses have received mass acceptance,” edX president and MIT professor Anant Agarwal said in an interview to Mint.

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