Headquartered in San Francisco, Udemy is an online marketplace for both teaching and learning. It’s like Amazon for education. Whether you want to increase your current job skill level, gain a new skill or are an expert in your field and interested in teaching what you know, Udemy is the e-learning platform for you.
Udemy’s Humble Beginning
While residing in Turkey, Eren Bali developed software for a live virtual classroom. In the following two years, he headed to Silicon Valley and launched Udemy along with co-founders Gagan Biyani and Oktay Caglar. Officially, it was founded in February 2010. The team set out to find financiers interested in investing capital into their project. However, investors failed to understand their vision and they were rejected over thirty times, according to Biyani. There are now all types of Udemy coupon codes available.
Rather than giving up on their idea, they bootstrapped the funds they needed and launched Udemy “The Academy of You,” in May 2010. With its launch, the online learning and teaching marketplace offered 400 courses, but within just months it hosted approximately 2,000 individual courses developed by 1,000 instructors.
Armed with a favorable market response, the founders tried to once again entice investors and, this time, succeeded. Investors were more than willing to offer financing and by August the team ended up gaining over a million dollars, a significantly higher amount than they originally sought out. They raised an additional $3 million in October 2011 and $12 million in December 2012. However, their funding didn’t stop there – they went on to raise $32 million in May 2014, just four years after their initial launch and $65 Million in June 2015. That brought their total financing to a staggering $113 million. Udemy was officially a success. Along with their San Francisco headquarters, they also have offices in Turkey and Ireland.
Udemy started with about 400 courses and, now to date, hosts a platform for over 42,000 open and online courses with over 7 million students enrolled. You can get a steep discount when you use the Udemy coupons they offer.
Udemy’s model is different than academic MOOC (massive open online course) through traditional colleges in that any expert of any kind has the freedom to build their own course through the platform and offer it for free or for a tuition fee. While students are unable to gain college credits as no course offered is credentialed currently, there are some courses that can generate credit for technical certificates.
Initially, Udemy focused on targeting corporate and business trainers who wanted to create courses designed for their company’s employees. However, any professional adult who wants to learn a new job skill, sharpen their already existing skills or just wants to explore a passion will find a suitable course.
Udemy is essentially like YouTube in that the large majority of their courses happened organically, meaning that someone heard about the platform, signed up and created their own content. This user generated content is one reason there are so many courses, and that it happened so quickly. With over 42,000 courses taught in 80 different languages, Udemy is the world’s largest e-learning platforms available. Current courses are offered in a wide variety of categories such as technology, music and the arts, language, health and fitness, academics and business and entrepreneurship. Whether students want to enrich their personal life or advance their professional career, they can take any of the on-demand and self-paced courses.
For those who wish to teach what they know, Udemy provides all the tools necessary to design a course, market it and earn money through tuition fees. Online discussion boards allow instructors to engage and interact with their students, while Udemy’s extensive course development platform provides the means for the instructor to create their course using a variety of teaching tools like live classes, zip files, audio, PDFs, PowerPoint presentations, and videos.
Instructors have the ability to make money off of the course they design and teach and how much money they make is determined by who invests in the marketing that attracts students to the e-learning platform and the amount of tuition charged for the course. If a promotional affiliate of Udemy’s is responsible for promoting and attracting the students, the instructor will earn a cut of 25%; Udemy will receive 25%, and the affiliate gets the remaining 50%. If Udemy does the marketing, the instructor splits the earnings evenly with them. However, if the instructor does all of the marketing on their own, they retain 97% of all monies made off of their course. Establishing a presence on Udemy has proved quite profitable for some instructors as the top ten have raked in more than $17 million in total revenue.
Top Five Best-Selling Courses With Coupon Codes
The Complete Web Developer Course 2.0
The Complete iOS 9 Developer Course – Build 18 Apps
If you ever had a sensational idea for an app only to see it launched by someone else to resounding success, this course is for you. During the course, you will learn how to build various apps for iOS9, and the best part is you don’t need any prior coding knowledge. With over 20 hours of content and 200 lectures offered by Udemy’s favorite instructor Rob Percival, you can learn how to develop the next Angry Birds phenomenon all from the comfort of your own couch. There is also an updated version available, The Complete iOS10 Developer Course – Build 21 Apps.
Learn to Code by Making Games – The Complete Unity Developer
If apps aren’t your style, but video games are, you need to take this course even if you have no coding knowledge. Most game development courses force you to sit through boring lectures as the professor rambles on about lines of codes, but not this course. Offered by Ben Tristem and Sam Pattuzzi, you will learn by doing through a series of projects using Unity 3D software. With almost 140,000 students enrolled and a rating of 4.6 out of 5 stars, this popular class will teach you everything you need to know about making your own game from development to completion.
An Entire MBA in 1 Course: Award Winning Business School Prof
This is Udemy’s most successful business course to date, and is taught by former Golden Sachs employee, Professor Chris Hahoun. Hahoun has condensed all his lessons he has previously taught in universities into just one course for the Udemy platform. With over 64,000 students enrolled and a rating of 4.4 stars, this knowledgeable professor teaches everything from start-ups to IPOs.
Building a Personal Brand
One of the hardest things to master is building your own brand. Instructor Gary Vaynerchuk, as a NY Times best-selling author three times running, brings a depth of knowledge and advice as to how you can build and maintain your personal brand. This best-selling course in personal branding offers 50 lectures and students will gain a certificate of completion at the end of the course. The Udemy coupon code can be used for this and others.
Top Five Highly Rated Free Courses
Writing Basics – Learn the Writing Process in 5 Easy Steps
If you enjoy writing, want to take your writing to the next level and write with ultimate confidence while grabbing your reader’s attention, this writing basics course is perfect for you. With step by step instructions, an incredible rating of 4.5 stars and 15 lectures, you can be on your way to better writing in just 1.5 hours.
30 Day Blog Transformation Challenge
If you want to start or transform a blog, but don’t know how or don’t have a lot of time to learn, this course was designed with you in mind. Taught by David Risley, it includes thirty actionable lessons that will teach you how to take a more strategic and smarter approach to your blog. Additionally, it only takes the average student just 3 hours to complete the class. This is one of our favorite products to use the Udemy promo codes for.
How to Create Your Udemy Course
For those who are an expert in their area and have had their interest in being an instructor on Udemy piqued, you can take this official course offered for free by Udemy. It instructs you on how to develop your own Udemy course from start to finish. With over 300,000 students enrolled and a star rating of 4.5, this course is well worth the 1.5 hours it takes to complete.
HTML and CSS for Beginners
This highly rated course will teach you everything you need to know to build and launch your own website online. Instructed by Edwin Diaz, there are two coding exercises and 50 lectures available. Average students can complete the course in about 6 hours and gain a certificate of completion to show for all their hard work.
This Is How You Make iPhone Apps
If you were interested in the earlier app course, but just don’t have the money to invest at the moment, this course is the perfect alternative. With high ratings and instructions by The App DoJo, you will learn every step of iOS app development from creating your app to getting it submitted to the app store.
Udemy’s e-learning platform offers plenty of free and tuition-fee based courses for any adult who wants to further their education for any reason.