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Tuesday, May 05, 2015

College of Business launches online-based MBA program

"The University’s vision for the College of Business didn’t include leading online education when it was established 100 years ago; however, the college could become the first institution to launch a Massive Open Online Course, MOOC, based MBA program. 

The Academic Senate approved a proposal for the new program, iMBA, and the Board of Trustees will vote on it Thursday." according to Maggie Sullivan, Staff writer.

The program, which would partner with the online learning platform Coursera, uses the capability of MOOCs to offer an MBA program to people all over the world, at less cost. 
“Exposure to thousands of learners from around the world will give students a tremendous advantage,” said Dean of Business Larry DeBrock. “This program will allow a worldwide audience to showcase the excellence of our faculty and the quality of our program.”

iMBA courses will include two parts; a MOOC, which anyone can enroll in for free, and the opportunity to pay to take the course for certification, or for graduate credit, at a higher price.

“This program is designed for a different group of learners,” DeBrock said. “This is for students off campus, so they do not have to quit their jobs or move to another city to get the education offered by the University.”

iMBA redefines what a business school subject is; rather than taking offline content and formatting it for an online class, iMBA blends content from multiple platforms and subject areas. If approved, students will be able to begin the program by enrolling in digital marketing or finance/operations, in late May.

Source: Daily Illini