MOOC

Online Entrepreneurship Program Offers Special Completion Challenge

San Francisco, CA – August 07, 2014 – Draper University is proud to announce the Draper University Online (DUO) Completion Challenge. Fall 2014 and Winter 2015 students will get 50% of the $850 tuition back if they complete the core curriculum. Draper University Entrepreneurship ProgramThe goal of the DUO Completion Challenge is two-fold. First, Draper University intends to make the online entrepreneurship program more affordable to those who have real commitment to learning about building startups. Secondly, the school hopes to attract more applicants and collect user behavior data to create state-of-the-art online learning experiences for entrepreneurs.

A recent Draper University study has shown interesting findings pertaining to the learning behaviors of online entrepreneurship students at Draper University. Surprisingly, among all three delivery formats, interactive assignments, video lectures and reading, online students are most actively engaged with interactive assignments even though completing an interactive assignment requires much more work than clicking through a video lecture or a reading assignment.

The study is based on user data of the Winter 2014 cohort. On average, the Winter 2014 cohort achieved an average engagement rate of 75%, already well above the industry average engagement rate for online courses. This indicates that on average, a student engaged with 75% of all course content in the core curriculum. Interestingly, the average engagement rate of interactive assignments is 83%, substantially higher than the 74% average engagement rate for reading introductions and the 69% average engagement rate for video lectures.

Similar to other MOOC programs, Draper University Online’s core curriculum exhibits a downward trending engagement rate over the 7-week program. The first module, Vision, has an average engagement rate of 85% and the last module, Brilliance, has an average engagement rate of 68%.

By comparison, the interactive assignments were an exception. The average engagement rate of assignments started with an average engagement rate of 87% in the first module and only decreased slightly to 83% in the last module. Moreover, the interactive assignments consistently outperformed the other two delivery formats in engagement rate in all 7 modules.

Acknowledging the relatively small sample size in the study, the high engagement rate of interactive assignment likely resulted from both Draper University's innovative assignment design and the hands-on nature of its target student group, entrepreneurs, and aspiring entrepreneurs. The program requires students to complete a series of fun but challenging assignments, which instill the most essential skills of entrepreneurship to its online entrepreneurship program students.

Alumni of the online entrepreneurship program appreciate the unique learning experiences. Tony Capasso of Summer 2014 Class donated one full scholarship for a 1st or 2nd generation American to attend the program.


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Draper University Online has one of the Highest Course Completion Rates

San Mateo, CA – June 2, 2014 – After running two sessions of its online entrepreneurship program, Draper University is proud to report a completion rate of 51% - one of the highest among online learning programs and, according to data compiled by an Open University doctoral student, nearly five times the average completion rate for MOOCs. Draper University Online“We’re thrilled with our completion and satisfaction rates, both of which are off the charts,” said Tim Draper, founder of Draper University and founder partner of DFJ. “Online education is here to stay, and our online program gives us the reach to changes the lives of aspiring entrepreneurs around the world.”

Draper University Online has received very positive feedback from past students. “Draper University’s online course goes far beyond what is found in a typical MOOC,” said one student. “It would never be possible to get exposure to such an array of experts in a field in a typical university course.”

Beginning this upcoming session, Mr. Draper will also be guaranteeing an investment offer to at least one student of the online school. The investment offer will be for $5,000 at a $2M valuation, or negotiable.

Running in tandem with Draper University’s residential program in Silicon Valley, the online school curriculum covers business basics and startup strategies by using experiential methods unique to Draper University. The online program includes access to a curated selection of past Draper University lectures and a number of live lectures via Livestream. Online students are given individual assignments and teamwork projects to push their imaginations and limits, and have the opportunity to get feedback from mentors (including Mr. Draper) during live office hours via Google Hangouts. Each session culminates with the opportunity to pitch a panel of investors virtually.

The online school has had a diverse population over its first two sessions: 38% female, ages ranging from 18-83, and 13 countries of origin. The countries with the highest enrollment rates (by descending enrollment) are: the United States, China, Argentina, Mexico, India and Japan.

The next online session begins June 23, 2014. Applicants interested in the online school can apply at: http://draperuniversity.com//apply by June 4, 2014.