Online education has gained much popularity in the recent time. This paper throws light on some of the recent advances in the field of open courseware and rise of many online portals which provide University equivalent courses for millions all across the world and their potential to get better. These new portals have proven to be extremely useful for students from under developed and developing countries. MOOCs stand as unifying platforms for everyone as they are accessible and acceptable globally. A noteworthy mention here is the rise of edX as a global learning platform which has taken Online education to a new level altogether by making available many university level courses to people globally free of cost.