These acronyms mean that MOOC are courses available for everyone, everywhere through an online medium. Also do take note that these courses are usually free. Some of them are even hosted by well-known universities.
Establishing a Philippines-based MOOC is actually one of Minreeva's goals as an organization. We want to offer free courses, not only for students in the Philippines' K-12 system, but to also partner with fellow trainers, educators, and tutors, to provide different courses available through our online LMS (Beta is due to launch on March 2015). We want to have quality education/learning available online.
What are the pros and cons of establishing a MOOC in the Philippines? Let us know through the comments section below.
Here's a short video explaining what MOOC is and what it can do. Thanks to Dave Cormier for the video. Cheers!