Monday, January 20, 2014

Online courses - good but not as good as I thought

I am taking the Canadian CFP course as a purely online course.

Pros

  1. Work at your own pace, whenever you want
  2. Can work on the course wherever you can get Internet access
Cons
  1. No help as far as I can tell, you are on your own.
  2. Tests have to be multiple choice or have unambiguous answers.
  3. No learning from other class members.
I did not realize the value of getting live help or doing an old-style written test.  For example, one test had a clearly wrong answer, but there was no one to alert in real time, my answer was just marked wrong.  In another example, I had to round the numbers to nearest dollar and if I did not, it was marked as incorrect.  I guess the MOOC (Massive Open Online Course) concept is going to be a little more difficult than the blogosphere seems to think.

Anyway, I am continuing the course.  The only other thing I noticed is that the Canadian "social safety net" for retirement is not as good as I thought.  Maybe I should have expected this since Nortel pensions were better insured by the US government than in Canada.

P.S. I removed the moderation of blog comments.

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