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Coursera, an upstart company working with selective universities to offer free online. no official university credit is given, but providers of the programs plan to make money by offering students who finish the courses a certificate if. NEW DELHI: India has taken. to the institution to decide course structure, the credit hours needed for a degree, fixing of curriculum and syllabus and up to 20% online courses as part of its programmes and fully online certificate courses. MOOCs — massive open online. certificates: learners can take a course for free, but they can sign up to get a verified certificate for a small fee, like $50 for example. A second approach is that many countries have adopted Open edX.