Paul L. Caron

Tuesday, September 8, 2020

WSJ: More Schools Offer Online MBAs

Following up on my previous posts:

Wall Street Journal, More Schools Offer Online MBAs:

Online M.B.A.s are gaining traction during the coronavirus era as more U.S. business schools seek new students and some wonder if their traditional full-time and on-site M.B.A. programs will survive.

Many universities said this year that they would roll out online M.B.A. degree programs, including the business schools of Howard University, Wake Forest University and John Carroll University. They join the ranks of some big state schools, including the University of Illinois’s Gies College of Business and Indiana University’s Kelley School of Business, which have launched online M.B.A.s and are reporting significant increases in applications and online enrollment for the fall.

“We found there is a huge potential market for folks who want to get a Howard M.B.A.,” said Anthony Wilbon, dean of the business school at Howard, one of the most high-profile of the Historically Black Colleges and Universities. The Washington, D.C., university has had a traditional, two-year, in-person M.B.A. program for decades and had been considering an online version before the pandemic. ...

Online M.B.A.s have proliferated over the past decade. Since 2009 the number of online M.B.A.s at accredited business schools in the U.S. more than doubled, according to the Association to Advance Collegiate Schools of Business. Many of the top business schools initially resisted, leaving remote learning to for-profit education outlets. But now more high-profile universities are joining the online-learning ranks. ...

Boston University’s Questrom School of Business announced last summer that it would offer a less-expensive, $24,000 all-online M.B.A. starting in the fall of 2020. Interest has exploded since the pandemic began. Questrom was planning to enroll 200 students in its first online M.B.A. class this fall but has doubled that to 400 students, said J.P. Matychak, an associate dean at the school. ... Boston University’s online M.B.A. program is trying to scale up to 2,000 students in the next few years.

Applications to the online M.B.A. program at Indiana’s Kelley school of business have risen 41% from a year earlier, said Ramesh Venkataraman, an associate dean with the program. And at the University of Illinois’s Gies business school, applications to its online program are up 35% over the prior year, said Brooke Elliott, an associate dean at the school.

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