This is cheap enough that I could easy see tech companies offering to subsidize this degree as a perk for their employees, assuming the employee gets accepted to the program.
This is cheap enough that I could easy see tech companies offering to subsidize this degree as a perk for their employees, assuming the employee gets accepted to the program.
There's quite a barrier to a student with an existing undergraduate degree wanting to expand into a masters in a different field, particularly technical fields like engineering or computer science.
mooc's like Georgia Tech's offer a middle-of-the-road option between a tradition masters w/ placement testing (or a whole second bachelor for some) and professionally 'doing without' any accredited education and relying solely on chops and applied experience. I think there is a clear hole in the educational market for these 'transitional' services, and online courses seem to fill it well.
The real questions (VikingCoder stated above) are: to what degree does that $6600 certificate raise your earning potential?
AND
how effective, in contrast to traditional degrees or self-directed studies, are these online courses at educating people to professionally acceptable standards?
I don't see MOOCs as offering anything in particular that would make it easier to lift that kind of requiement. Large courses (whether in person or online) rely on incoming students coming from a standardized background, to allow the courses to assume a lot of things and minimize tailoring to individual students' varying needs. And MOOCs by their structure rely on instruction in (very) large courses.
If you're already in a college town with an affordable & flexible CS program that you stand a chance of getting into, then this probably doesn't offer much. But then, how does it stack against the Georgia Tech name? MOOC or not, that's got to look nice at the top of the certificate.
I understand this isn't for everyone, but I think there is some new-to-market value in these programs.