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: 2455-4642 (ONLINE)

IDEES –International Multidisciplinary Research Journal

(Peer Reviewed)
Research Paper
On
CHANGING ACCOUNTING EDUCATION IN INDIA THROUGH MOOCs
SUBMITTED BY
GUIDE NAME
DR. RAJESHBHAI D. RANA
and
YOGESHKUMAR NARENDRABHAI PARMAR
M.COM, B.ED
VISITING LECTURER
CHKHILHI COMMERCE COLLEGE
ABSTRACT.
Imagine a renowned professor imparting training and instructing the procedure of e-filing of
income tax returns and e payment of income tax to millions of enthusiastic students across India
at any time for Free! Thanks to massive open online courses (Moccs). This is now possible.
Moocs have the potential to transform the future of accounting education in India. An attempt
has been made on this pepar to study the role of MOOCs in changing the future of accounting
education scenario in India. Do MOOCs really have the ability to change the way the world
perceive higher education system, need to be deliberated upon. It is believed that MOOCs are
presenting an alternative format of learning accounting education to students, world over.
MOOCs May have the ability to stage in the country. After examing the role and prospects of
MOOCs, the issue, concerns education in India it May be pointed out that MOOCs success and
their contribution to accounting education in India Will face obstacles in their infancy stages.
However, it is expected that inspire of hurdles, MOOCs will definitely improve quality of
Accounting education and reshape how accounting courses are taught and how student gain
knowledge.

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INTRODUCTION.
Vishnoi. A(2014)started that” An India specific MOOCs ( massive open online courses )
platform, likely to be christened “Swayam” indicating self learning , is expected to be launched
on 25th September the birth anniversary of pt Deen Dayalupadhyaya Jan sangh leader and one
of the guiding lights for bjp “. The article further stated that our honorebal prime Minister is
also likely to announce that all145 campuses of the centrally funded Institutes will be made
wifiready before or by October 2014
MOOCs , a recent phenomenon in education, are open and free courses availableonline to a
large number of voluntary students. The strength of MOOCs is that it provide relatively free
quality educational opportunities to a large numbers of Indian students are able to have access
to top University of world like Stanford, Harvard , Massachusetts institute of technology
(MIT)etc, through MOOCs and thus are Abel to lern frome thebest faculty frome thrse top
universities.
The major known leading providers of MOOCs are cousera, udacity and Edx.khan Academy,
class2 go, Edrak, FUturelearn, Yale open cources and many more.GROSSMAN RJ( 2013) in
his paper cited the example of Stanford university professor Daniel A Mcfarland who had been
teaching aclass on orgsnizational analysis for mor thane a decade, reaching about 2000
studants. He transformed the class in the class in to a massive open online courcse (MOOCs)
Now , instead of 25 or 30 studant sittingin his class rooms the mooc movevmentand that the
movementwill be a turning point in higher educaton and corporate traing. According to last
updated data (https;/www. Courser. Org) courser had 22,232,448 enrollments frome student
representing 190 countries. According to Ramya M . (2013) ‘’As much as 8.4% of
courseeausers are Indians, the second largest group after Americans (at 31%).
Features of MOOCs
 Evryone who desire tostudy can joine and register themselves in the courses wich they
want to lern regardless of their previous educational qualification, their age, background
or location. The couses impart free education. Occasionally, to obtain certification,
some fees might be charged.
 The couse is delivered by utizing technology facilited . learing actives such as vido
lectures and online study . notes online homework , quizzes, test and assignments are
used to assess the student . online discussion forums are established to solve queries.

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Thecourse model may allow face to face interactions between educator and learner and
provide a forum or a discussion group for learners to interact among themselves.
 Completion of tests, assignments may lead to obtaing of certification.
 Instant feedback might be provided on completion of tess and assignments.
 Awide variety of cources avelebal of arts commerce scince and many more
the only reqirement is that of internet connectivity and a computer , and one can enroll
in the corses offered by best universities of the world
 Universities, schools, industry, corporate, all educators and exports frome these fildsmay
assist in creation of MOOOCs.
REVIEW OF LITERATURE
Huh,s.et al(2010) examined the potential effects of student charactaristics on performances as
measured by student characteristics on performances as measured by test scores and
investigated systematic difference in those test scores and ininvestigated systametic differences
in student performance , and also noted that some characteristics veriabal s had differential
effects on performance s between online and offline learners.
Abel &Paul (2011) examied student response to the usefulness of online courses materials
available through web ct in an introductory accounting unit . results showed that students
overwhelmingly felt that web ct was useful and provide efficient interactions between the
content. And the learner.
Dusing et Al.(2012) investigated the various characteristics of communication technology and
good pedagogy in the development of an online , distance learning environment the good and
bad aspect of teaching accounting online were addressed . It was suggested that if there is full
understanding of online technology tools and the instructionnal methodology needed to deliver
theses tools, then, the momentum for online education caused by this increase in technology
and the world wide web will not be slowed down.
Dennis, m. (2012) pointed out that MOOCs May alter forever the higher education landscape
as we know it to dey. He believes MOOCs May be the solution to answer to some of the big
question facing collegees and Universities around the world. According to him, MOOCs will
not replace traditional higher education.
Chen et Al.(2013) examined whether the effectiveness of online accounting education reletive
to traditional in class delivery depends upon the level of corces . The results pointed out that in

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advanced course s, the out come were significantly more favorable for traditional classroom
environment than for online , while the dilivery mode was not important in principle courses.
Clarke T(2013) analyze the report development of the massive open online courses (MOOCs)
and the implications for business education .the education and business model of the MOOCs
were examined to assess their presents scale and scalability and responses of the Universities to
this challenge were explored.itwas considerable potential for growth with high quality product
supported by leading Universities. However there is a need to resolve issues Wich other e
learning organization have faced Wich include assessment, tackling issue of high dropout rates
and maintaing viability.
Flyn jt (2013) traced the origin of MOOCs and the reason behind their rapid development in
digital education. It was pointed out that MOOCs May exist or may be gone tommorow ,but
they give us some important indications of where the future of highr education is headed and
how we can proactive engage in shpiing the future of higer education.
Harish ,j.(2013) believes that the future of education is online, new partnershipinnovations and
technological advances are revolutionizing teaching and learning, and online education is an
integral part of future.
Abeds (2014) investigated the level and content of e business education provide in accounting
study plan. A review of the course description and content of e accounting was made. The
results showed inconsistent content of course outline for the accounting application on
computer among Universities. The study recommend that it is important to link Universities
with proffesnol bodies to keep our students up to date with change talking place in market
place..
Literature review suggested that MOOCs for a particular subject area like accounting. If
developed locally by a country like India and interigrated with similar courses provided by othar
Universities across the world, will have the ability to dillver accounting education on large
scale, the MOOCs such developed may reach to students even in remort and rural areas of India
thus leading to development of nation..
ROLE AND PROSPECTS OF MOOCS IN ACCOUNTING EDUCATION IN INDIA
Indian accounting education system need to be upgraded and aligned to match to meet the
challenges of globalization.simply changing the curriculum at graduate and undargrduate leval
in Universities might not be sufficient . In order to survive the changing accounting regulations

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scenario in the world , easy access to Accounting information and training , which has far
reaching effects even in interior of India might be needed . Imparting accounting education in
Universities and colleges required well equipped lab infrastructure , ict enable classrooms and
experienced qualified staff . This is were Indian Universities and Institutes might lake,
especially in interior and remort place of India. Here MOOCs might come in to picture and
may play a pivotal rule in changing the face of Accounting education in India . According to
long ,c (2013) “to dey , even the daughter of a farm laborer in rural Thailand can assess the
classrooms of an lavy league school” the same can be expirence in context of Accounting
education I’m India through MOOCs.
According to report (2013) by United news of india.the assessment Wich are apart of the ficci
ey report on higher education in India . Vision 2030 released by Minister of state for human
resources development .”india will by 2030 eamrge as single largest providers of global talent .
With one four graduate in the world being a product of country s higher education system .the
country would also be among the top 5 nation in the world in terms of research output and have
more then 20 Universities among the global top 200” if this is the vision . And goal that has to
be achieved by future highar education system in India Accounting education system should
also be aligned with these golas. To achieve this target .it May be come imperative to ;
 To adopt a lernar centered model for teaching accounting
 Start industry oriented skill base accounting courses
 Build stronger industry acdemiia association and collaboration and alliance with
proffesnol accounting body like the institute of cost accountant of India (ICAI) the
institute of company secretary of India (ICAI) for development of employabel telented
in accounting fiild .
 The collaboration and alliances with proffesnol accounting bodies can also be made
across the world with leading education institute through memorandum of
understanding and tie UPS to provide greater coverage and extensive accounting
content.
Massive open open cures (MOOCs) in veous accounting subject might help to students
Frome remots area through virtual classrooms provide by MOOCs .the precondition only is
acsses to computer and basic Internet facilities. Achieve this “the HRD Ministry recently
announceed that it will soon launched a campus connect programe to make 2100 colleges and

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and 4.2lakh classrooms wifi emailed giving access to academilly relevant web site to around 1.5
crore studats as per this programed all the building of 600 Universities that have 1gbps band
with Will be made wifi enebuld “vishoi,A(2014)
ISSUES, CONCERNS AND CHALLENGES ASSOCIATED WITH SUCCESS OF MOOCS
AND ACCOUNTING EDUCATION IN INDIA
 COURSE DESIGN :. Several course covering all areas of Accounting need to be re
designd and realigned keeping in view , the industry needs. The requirements and
regulations all the cuurant development in intarnetonal financial reporting standard
(IFRS), Indian accounting standard formulated by accounting standard bord (ASB) , will
desingh the curriculum.
 COURCE CONTENT::. Since MOOCs are targeted to masses, serverl modules covering
verius arias of Accounting need to be set up, to cater to different requirements of wilde
sperd audience MOOCs as a first step to words higher education for Free as a primary
learning , obviously he indicate that content is more important and tutorials secondary
followed by competence based assessment to. Make it a complete pakege.
 USE OF COLLABORATION TOOLS:. Dusing et Al. (2012 ) suggested use of
collaboration tools like formation of discussion borard, blogs, video, creation of online
glossary provision of acsess to Free online jurnals etc to re-establish class involvement
in a virtual world of MOOCs. All the above tools have to be developed in context of
imparting accounting education through MOOCs.
 ASSESSMENT , EXAMINATION. CERTIFICATETION AND DROPOUT RATES:.
The formet for online assessment , examination will need to be set up and
developmened, the problem of confirming the ginunees of work done by studant will
need to be trickled may be Indian Universities may handul thish issue by conducting
regual exam in conntrolled environment as they currently do. Chen et.al(2013) had
recommend that offering a few on campus class meeting for predominantly online
courses, may be disable regardless of course level is potential important when deciding
upon the mix of face to face versus online.

Since MOOCs offered free corce , many surch cources might face extrimaly high dropout rates
after enrollment .berry few students acctuly complete the course .lake of certification or
accreditation might discourage the studant Frome completing the course and MOOCs May face

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high dropout . partnership collaboration and tie up among Universities , verius institution and
accreditation bodies across the world may have to be worked out to aword certification and
credits if nessesory .the credit obtain should be counted to obtain enrollment for subquent
MOOCs.
 INTERNET FACILITIES: success of MOOCs depends on good quality acsess internet .
according to the annual report (2012-2013), “the national mission education through
information and communication technology (ICT) has been envisage as centrally ,
sponsor scime to levrege the potential of ICT , in teaching and learning process for the
benefit off all the lernar in highar education institution in any time any were mode “
vishnoi a(2014) pointed out that the HRD Ministry is all ready on the job t get all
centrally funded Institution wifi ready and heads off all 145 campus of centrally
funded Institution have been asked to begin site survey and rope in the service
ofsPSUs like education and research network (ernet),to help in setting up wifi eco
system .so these intimated by government of India would solve issue regarding internet
acsess availability to studants..
 FREE BASED MODELS:. Some MOOCs charge fees for obtaining certification .if no
certification is needed , studants hase an option to still continue learning the corce
for Free , introducing a free based certified course might deter a non serious lernar to
join the course. This might also reduce the risk of high dropout .
Will MOOCs re establish or substitute the superioty of interactive classrooms teaching
Wich is in existence currently in Accounting education system ? or will MOOCs become an
essential part of the future of Accounting education scenario in India is a matter Wich needs
deliberation upon MOOCs are in a development phase in India , efacctive mess. And working
model to important Accounting education here will be developed over span of time.
CONCLUSION
The accounting education system in india can benefit frome prospects and opportunities, wich
MOOCs present, provide that the qulity of course content is guaranteed. The practical’asociated
with teaching of accounting subjects like e accounting, efilling of income tax returns ,can be
very conveniently handled by importing traning trough MOOCs the infrastructure hurdlies, like
proviso of ict enabled class rooms, expenditure on training teaching staffetc, wich universities
or institute face ,while imparting training online accounting education by making use ofMOOCs

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to rech the students of remotest areas will now be possible . MOOCs might not of remotest
areas will now a possible .actually expiating the MOOCs phenomenon; to impart accounting
education in India might still be at an infant stage and experiment in progress.
REFERENCES
1 abdel k halbi, paul de lange(2011) in advances in accounting education
2 Abed, s,(2014) “areview of e accounting education for undergraduate accountingdegrees’’
3 anant agarwal (2013) ‘’learnany time ,any where
4 annual reports (2012-2013) department of school education department of higher education,
government of India
5 chen, c,c,jones, kt ‘’ online accounting education versus in class delivery
6 clark t (2014) ‘’the advance the MOOCS education &training ,
7 grossman , r.j (2013) “are massive open online cources in india HR MAGEZINE
8 visoni anubhuti. (2014) ‘’moocs platfrome; pm narendra modis gift to natinol on 1 day ‘
9 india to dey website

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