Johns Hopkins University has a "limited residency" MBA with 3 3-week residencies and 3 extended weekends over 2 years. Tuition is only $78,300
The really sad part is that after two years and getting $78,300 in debt, you walk away with an MBA that isn't even AACSB. Yeah Johns Hopkins looks good on a resume, but give me a break!
Well, its not AACSB because their MBA program is NEW. It will become a premiere MBA in time I figure. But I agree with you, there are better programs for less money. It is nice to see top ranked universities getting into DL ... it's catching on!
I like this guy, William Polk Cary ... he has two business schools named after him now - the new one at Johns Hopkins and also over at Arizona State, which also has a DL program. He gave $50 million to each school!
My suspicion is that many in this plan will have employer reimbursement. That matters quite a bit in terms of the utility of the degree--it might be great for established executives, but might not have the track record one hopes to see in terms of getting people high starting salaries in new positions. However, then again it might. Johns Hopkins does in fact look nice on a resume, but it looks even nicer on a placement office.
I expect the same thing about the University of Pennsylvania's $100,000 Executive EdD in Higher Ed Management. Alas. -=Steve=-
Depends on the school. Stephen Ross had to cough up $100 million to have Michigan's b-school named after him. Of course, he gets to hold on to $50 million of that till he passes away - I guess he needed the interest to live on.
Actually, JHU apparently is not even seeking AACSB accreditation: Note that JHU, unlike most prestigious universities, does not have a traditional, residential business school. JHU's business degrees have always been offered through non-residential, "night school"-type programs targeted at working adults in the Baltimore-Washington metro area. The business program has only a handful of traditional academic faculty, and literally hundreds of adjunct "practitioner faculty". This is not the model that AACSB is looking for. The MBA program in question has a DL component, but it still includes significant residency requirements. So in practice, the program will only appeal to people who live or work in the Baltimore-Washington metro area. Within this local market, the JHU name is so prestigious that the degree may well be worth the cost, even without AACSB accreditation.
