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Pilots of the first two online courses – Financial Programming and Policies and Debt Sustainability Analysis – will be rolled out to small groups of government officials in the coming months, with plans to open access to the general public during 2014.

“We are delighted to join with edX in this new initiative, which will allow us to respond to the demands for more training from our member countries,” said Sharmini Coorey, director of the IMF’s Institute for Capacity Development. “The training we provide is aimed at increasing the capacity of officials to analyze and formulate sound macroeconomic and financial policies. We look forward to being able to offer online access to a broader audience through future massive open online courses.  We hope that these short courses will be useful to students and teachers, the financial services industry, members of parliament and civil society, and many others, thus promoting greater understanding of economic policy issues.”

The IMF currently offers policy-oriented courses to central bank, finance ministry and other officials from its 188 member countries. By moving courses to edX’s online platform, the IMF will be able to reach many more government officials and open its training to the general public.

“This collaboration with the IMF demonstrates another innovative use of the edX platform,” said edX President Anant Agarwal. “We have seen universities use our platform to deliver educational content in ever-evolving ways – from blended learning to flipped classrooms to richer on-campus learning experiences.  It is a natural progression for us to work with a variety of other institutions seeking a flexible, feature-rich and massively-scalable platform to deliver their own educational programs.”

For more information, please read the full press release.

By Patrick Cavallario