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Wednesday, August 14, 2019

A University's Online M.B.A. Is Less Expensive -- and Purposely Different | Digital Learning - Inside Higher Ed

Doug Lederman, editor and co-founder of Inside Higher Ed reports, Boston University's new online business degree is $24,000 for a reason. Unlike on-campus program, it has no electives and is aimed at a different audience.

Photo: iStock

Many of the universities that have created lower-priced online graduate programs in recent years have gone out of their way to make the case that the digital versions are equivalent to their (more expensive) in-person equivalents.

"Online students learn from the same faculty and take the same courses as those on campus in Atlanta," Georgia Institute of Technology states in describing the online version of its master of science in cybersecurity degree.

"Yes, this is the same degree as the on-campus M.B.A. degree, and after successfully completing the degree requirements you will be part of the Illinois alumni network," the University of Illinois's Gies School of Business says in the FAQ for its online M.B.A. offered with Coursera. (Gies went so far as to end its on-campus program after this year.)

Boston University makes no such promises about its new online master's in business administration degree in conjunction with edX, which will cost $24,000 compared to tuition and fees of $56,000-plus for its in-person, full-time version (more than $76,000 with room and board)...

Reconsidering What's in the M.B.A.
As BU and Questrom were dabbling with various forms of digital learning, they were also re-evaluating the nature of business education, through a series of global and regional conversations called the Business Education Jam.

The discussions, which involved other business education organizations as well, involved several thousand academics and business professionals around the question of what business education should look like in the 21st century. And the bottom-line answer, Fournier said, is that it "looks very different from our current core M.B.A.," especially for the group she calls "global learners."
Read more... 

Related link
BU Questrom Online MBA To Launch Fall 2020 by Boston University Questrom School of Business. 

Source: Inside Higher Ed