MBA Updates – New B-School Offerings Arrive as Some Programs are Put on Hiatus

mba online degree

Business schools are regularly updating their program options. You might not even realize it, but MBA programs are being added, removed, and modified to make way for the new and to get rid of the old.

Moving forward, we at MetroMBA will help you keep track of the latest MBA happenings around the U.S., so you know what’s going on in 2019. We’ll update this document continually as we learn the latest news and share it with you.

So, keep checking back to see what’s going on in the 2019 MBA world.

Boston University to Introduce Online MBA in 2020

In partnership with edX, an online education platform, the Questrom School of Business at Boston University will formally introduce its own Online MBA program in fall 2020. It will be the first official Online MBA offered by edX, which is currently offering 10 specialized master’s programs.

Applications will officially open on August 16, 2019, with annual tuition currently set at $24,000. The price difference is stark in contrast with the school’s full-time MBA, currently set at $55,480 per year.

“We’ve recognized the transformative potential of edX for some time,” says President Robert A. Brown. “With the online MBA, we’re seizing the initiative to offer a major degree for which we believe there is global demand. Higher education must evolve in a fast-changing world. We aim to lead in this evolution.”

Learn more about the new BU Online MBA here.

Gies Removes Full and Part-Time MBA Programs on Campus

The University of Illinois Gies College of Business recently announced that its full and part-time MBA programs will no longer be taught on campus. The top-50 ranked MBA program, according to U.S. News & World Report, is one of the largest (and most lauded) programs to shut down in recent years, with reported efforts to increase funding for its popular iMBA online program.

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The popularity of the Gies’ online MBA—the iMBA—has allowed the University of Illinois business school to discontinue its full and part-time MBA on-campus options.

Just three years after the iMBA program was introduced, enrollment ballooned from 114 to 1,955 students, making the transition all the more financially feasible for the university. Students currently enrolled in the full and part-time MBA programs will be able to finish their degree on campus, but the school will be discontinuing after the graduation of the current class.

Michigan Ross Introduces New Online MBA

At the end of 2018, The University of Michigan Ross School of Business introduced a new Online MBA program, offering maximum flexibility with the same curriculum offered to full-time MBA students. The program includes live class sessions (live online events for case discussions, group work, and presentations), self-guided study (short, instructional videos identifying and explaining key concepts), and leadership development training available on the Ross campus (three on-campus residencies).

This new format requires students to complete 57 credit hours:

  • 27 credits of core work
  • 18 credits of electives
  • Nine credits consisting of three in-person residencies
  • Three credits for an action-based learning project (MAP)

The curriculum is self-paced but designed to be completed in three years.

To learn more about this new program offering, head to the Michigan Ross Online MBA site here. Also, check out our recent ‘5 Questions‘ installment with Ross’ Associate Admissions Director of Part-Time MBA Programs, Anne Schoen.

Henley Business School Cancels Full-Time MBA

For the 2019-20 academic year, the Henley Business School canceled its full-time MBA program, diverting applications to other masters degree programs. The Henley website described the move as a “pause,” but it’s the first time a big UK business school has stopped taking applications for its flagship business school program.

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The Henley Business School recently announced its full-time MBA will be on hiatus.

The move isn’t that much of a surprise. Last year, Henley only brought in 26 MBA students down from 40 students the previous year. In contrast, demand for Henley’s part-time executive MBA courses rose 37 percent this academic year with about 700 students enrolled.

For more insight into Henley’s decision head on over to the Financial Times article.

SDA Bocconi and Toronto Rotman Launch new Global Executive MBA

Italy’s SDA Bocconi partnered with the Toronto Rotman School of Management at the end of last year to launch a new Global Executive MBA program. This dual-degree EMBA program is 18 months in length with modules delivered across seven cities around the world. Students will attend courses in:

  • Milan
  • Toronto
  • Mumbai
  • San Francisco
  • Copenhagen
  • Shanghai
  • Sao Paolo

Graduates will receive both an MBA from the Rotman School of Management and a Global Executive MBA from SDA Bocconi.

The curriculum, which includes 24 courses plus electives, takes 18 months to complete, 75 learning days, and 63 out-of-office days. Classes begin October 4, 2019, in Toronto. To learn more about the new GEMBA head on over to the website here.

Mexico’s EGADE Business School Launches Online MBA

In the fall of 2019, Mexico’s EGADE Business School—in partnership with 2U—will launch its new Online MBA program. Classes will be taught in English live every week through an online platform. Then, students will have the option to attend in-person immersion experiences at EGADE locations throughout the Americas. This is 2U’s first full-degree program in Latin America.

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Mexico’s EGADE Business School recently joined the growing array of business schools offering an Online MBA option.

To learn more about the new Online MBA program, you can read the press release here.

Louisiana State University Announces One-Year MBA Program

Early in 2019, Louisiana State University’s Ourso College of Business announces the launch of its new One-Year MBA program. The program is aimed at undergraduate business students who want to continue their education after graduation. While no work experience is required to apply, the school states a preference for two years of experience and an essential understanding of business concepts.

The One-Year MBA program will begin in June 2019 with a pre-MBA session to set the foundation. After that, students complete 36 credit hours in a cohort-based setting to graduate. Each semester has two, eight-week modules and up to three courses at a time.

To learn more about this degree that can be completed in as little as 11 months, head over to the program page here.

University of Iowa Tippie College of Business Ends Full-Time MBA Program

The incoming class of 2019 will be the last full-time MBA cohort for the University of Iowa Tippie College of Business. The decision to end the full-time MBA was made to allow the school to focus on its Professional MBA, Executive MBA, and portfolio of specialized master’s programs. The closing is thanks to shifts in demand with 91 percent of all MBA enrollment going to the Professional and Executive MBA programs.

“Adapting to the market is key for growth in any organization, and we’re seeing clear shifts in what students and businesses need,” said Sarah Gardial, dean of the Tippie College of Business. “Both are expressing preferences for non-career-disrupting options for the MBA, while others are increasingly drawn to the focused education provided by master’s programs in specific subjects.”

Along with the closing of the full-time MBA, Tippie announced a new master’s program in finance. To learn more about these changes, read the press release here

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