Baylor University accelerated online MBA—pedigree brand; fast ... but pricy (?)

Discussion in 'Business and MBA degrees' started by major56, Jan 3, 2015.

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  1. major56

    major56 Active Member

    Baylor University - Hankamer School of Business

    Complete Coursework: 12-16 Months | Credit Hours: 48-60*
    Tuition: $49,296 - $58,296 *

    *Students with an undergraduate degree in business from an AACSB-accredited institution can complete an accelerated MBA degree online in 12 months by taking two courses per term at a total program cost of $49,296. Students without an undergraduate degree in business can earn the MBA degree online in 16 months by completing two additional, business foundation courses, for a total program cost of $58,296.
    Online Master of Business Administration Degree

    Military Scholarships

    Military Scholarships are reserved for students entering the Baylor MBA Online program who have served in the military, including both active duty and veterans. Military identification or proof of prior service must be presented to qualify. Students who qualify for a Military Scholarship are awarded $500 tuition credit per course.

    $49,296 – 8,000 (military scholarship /$500 x 16) = $41,296 | $58,296 – 10,000 ($500 x 20) = $48,296

    Dean's Scholarship

    Dean’s Scholarships are awarded to outstanding applicants each entering term based on an undergraduate cumulative grade point average (GPA) of 3.75 on a 4.0 scale, or above, for undergraduate work. Dean’s Scholars receive $500 tuition credit per course.

    $49,296 – 8,000 (dean's scholarship /$500 x 16) = $41,296 | $58,296 – 10,000 ($500 x 20) = $48,296
    Tuition, Fees, Costs - Online Business MBA Degree
     
  2. SteveFoerster

    SteveFoerster Resident Gadfly Staff Member

    At those rates, "pricy" deserves an exclamation point, not a question mark.
     
  3. me again

    me again Well-Known Member

    Wow, a "nonprofit" university is charging from 49K to 58k for an MBA!!!
     
  4. major56

    major56 Active Member

    Steve in your view, what ought to be the acceptable program cost for an online MBA; or is their value all essentially the same in your view—what dollar amount would you consider as reasonable? What would be acceptable as the cut-off in program tuition cost? For example, would you consider that the alumni /industry network potential could differ from say … equating that of a Baylor Online Master of Business Administration Degree and/or LSU MBA Online Master's Degree | LSU Online with perhaps (random sampling my own alma mater), e.g., West Texas A & M West Texas A&M University: Department of Management, Marketing and General Business - Online Master of Business Administration Degree Objectively, would there generally be a brand differentiation made between a Baylor MBA and a WTAMU MBA … or say a LSU vs. LSU-Shreveport MBA Master Degree Programs | Louisiana State University Shreveport Online If so; wouldn’t program tuition/s have discrepancy as well?
     
  5. novadar

    novadar Member

  6. As someone that doesn't live in Texas, they have a "pedigree". They are probably viewed higher (most likely due to sports) outside of the state than inside. The MBA program may not rank high but the name is known around here in Georgia.
     
  7. major56

    major56 Active Member

    The university [brand differentiation] I was referencing was more so in re to the topic of Baylor’s potential alumni /industry network prospects in comparison to less renowned MBA programs. BTW, most would categorically deem Baylor University to be a Tier 1 postsecondary institution. By your own posted URL link Baylor University || Hankamer School of Business || Facts and Stats … Baylor’s B-School is far from not being well ranked /tiered. I do not conclude that the Baylor link reveals as you write, e.g., “They themselves acknowledge they don't rank so highly…”

    Moreover, the Baylor MBA program was not being equated to be as distinguished /pedigreed as those generally considered to be the very Top U.S. business schools, such as, HBS, Stanford, Wharton, Booth, Kellogg, Tuck, Fuqua, Darden, Anderson, Sloan, etc. The variances in tuition costs also reflect this separation.
     
  8. major56

    major56 Active Member

    No doubt the Baylor athletic status is a huge factor in furthering its overall collegiate reputation nationally. The Baylor Law School isn’t shabby either: No. 51 out of 194 ABA law schools.

    "Baylor's Hankamer School of Business moved up five places to No. 65 among the top-rated master’s programs in business, tied with six universities (Case Western Reserve, George Washington University, LSU, North Carolina State, University of Oklahoma and University of Tennessee). To determine the rankings, U.S. News surveyed all 453 master's programs in business accredited by the Association to Advance Collegiate Schools of Business International. The surveys were conducted in in fall 2013 and early 2014."
    Baylor University || Media Communications || News
     
  9. novadar

    novadar Member

    You wrote the very reason why I don't regard Baylor University as being "pedigreed". I went to Virginia Tech for my undergraduate degree and until our football program achieved regular success the school was not that well recogznied nationally. I think the same is happening with Baylor. My 2 cents here: Athletic Success does not equate to Pedigree. Sure Baylor has a strong alumni network but most large institutions do as well. When you sling around terms like "Pedigree" you are referring to "Brands" that are immediately recognized within and without those who have participated in Higher Education --- those are the Ivies, Public Ivies and other notable institutions that are immediately identified as being "elite". Baylor does not fall into that category. Sorry Bears. I am not a Baylor-hater but they are not a "Pedigree" institution. Frankly for the "Brand" it is not worth the cost unless you are not bearing the brunt of that cost. It's all simple economics.
     
    Last edited by a moderator: Jan 4, 2015
  10. major56

    major56 Active Member

    Perhaps you might choose to look over my posting/s again. Not once did I use or sling around the term ‘pedigree’ as regards Baylor … you did that slinging. I’m repeating my earlier response to you in post #7 … I simply used the terminology brand differentiation … not pedigree (re, “…the Baylor MBA program was not being equated to be as distinguished /pedigreed…” again re post #7). And most of your explanations are largely subjective my friend...

    On the subject of your ‘simple economics’ comment … I will ask you the identical questions I asked Steve in posting #4.
     
  11. major56

    major56 Active Member

    If the discussion thread heading is your reference to slinging the term pedigree … I’ll concede using the term the one time; however, you seemingly misunderstood my purpose /meaning for as to starting the thread. Additionally (re strong alumni networks /large institutions); I wouldn’t equate the Baylor student enrollment number of 15K as a [large] university https://www.baylor.edu/mediacommunications/news.php?action=story&story=100095. On the other hand, I could consider your alma mater (Virginia Tech) as a large (although not massive) university with its 31,000-plus student enrollment numbers About Virginia Tech | Virginia Tech | Virginia Tech. Even my undergraduate university (Sam Houston State is KatFacts) larger than Baylor with 19K students … but, would certainly not be remotely considered a notable brand name university (e.g. brand differentiation) ... or retaining a strong alumnus network.
     
    Last edited by a moderator: Jan 5, 2015
  12. novadar

    novadar Member

    I understood your point about cost and the benefits to be gained. The term "pedigree" rankles me in most case as it relates to Higher Education. Personally I hate the snobbery that goes along with it and those who want to "keep up with the Jones-es" make it their sole ambition. A Baylor MBA is likely to provide a strong education not the cheapest but not the most expensive either.
     
  13. sanantone

    sanantone Well-Known Member

    A Texas resident would be much better of at UT-Dallas. Not only is their business school ranked higher, but they're much cheaper. For non-Texans without an AACSB-accredited bachelor's in business, they would be better off paying $3k more at Indiana University - Bloomington. Their business school is ranked #21 by U.S. News.
    Online MBA: Kelley Direct Online : Kelley School of Business: Indiana University

    Arizona State University's online MBA is $53k-62k. Their business school is also ranked much higher than Baylor's.
    https://wpcarey.asu.edu/mba-programs/online

    I don't think Baylor's MBA is worth as much as they're charging.
     
  14. major56

    major56 Active Member

    U.S. News ranks the Baylor's Hankamer School of Business at No. 65, tied with (Case Western Reserve, George Washington University, LSU, North Carolina State, University of Oklahoma and University of Tennessee) Baylor University || Media Communications || News. The LSU online MBA is comparable in price to Baylor; however, Weatherhead-Case Western’s MBA is at $75K tuition (not online) MBA Admission Information at Weatherhead School of Management. The George Washington University online MBA is $81K in tuition Tuition & Financial Aid | George Washington University School of Business.

    It’s likely that too many of the MBA programs are overpriced. Yet, in comparison to the before mentioned B-School rankings … both Baylor and LSU seem to be a far better buy when contrasting the equally ranked (U.S. News) programs like Case Western and GW.

    Note: I didn’t look up the tuition rates for Tennessee, Oklahoma or NC State. Generally though, the further move south … the less in tuition cost.
     
  15. major56

    major56 Active Member

    I agree novadar...
     
  16. sanantone

    sanantone Well-Known Member

    If one has done his or her research and has the ability to get in, one would choose a higher-ranked school that costs around the same amount or less.
     
  17. dfreybur

    dfreybur New Member

    Baylor is what I call "regional top ten". It's considered an elite school in a region that goes from about Phoenix to New Orleans maybe as far north as Denver. Go outside of that region and it's not highly enough rated to be known. In Boston someone would probably need to look it up in the RA listings to know it's an RA college.

    Getting a degree from a top college is an advantage to someone new in their career, but by the time we're mid-career or later our work experience dominates so what matters is whether the degree is RA or not. It goes from a good foot in the door to a check box on the list of qualifications. Many folks doing on line studies are no longer early in their career so getting a degree from an elite college matters less. Combine this with the fact that Baylor is only considered elite within its region and the price gets harder and harder to justify.

    How important is price versus how important is regional prestige? If you're going for a reknowned place based in Texas before we moved here I hardly knew the names of any Texas colleges other than Rice. Even living in Austin now that I'm later in my career a degree from a nearby place is no longer going to benefit me all that much more than a much less expensive place farther away.
     
  18. major56

    major56 Active Member

    I would highly doubt that would be necessary, even in Boston (re Baylor) … :cool2:
     
  19. major56

    major56 Active Member

    Noted, and generally the higher the ranking Sanantone … typically there will be a higher tuition costs associated. Both comparing and restricting selections to equivalent ranked programs to comparable ranked groups was my intent (re Baylor, Case Western, GW, Oklahoma, Tennessee, and NC State (Online MBA Ranked Among Top 20 Nationwide - NC State Jenkins MBA)). The higher tiered schools, as a rule, will offer access to better resources and can similarly provide an enhanced overall online MBA experience with more accompaniments, support staff, better faculty, alumni network, recruitment /placement services, etc. for its students. Of course … such will necessitate these factors be incorporated into the program /tuition price. In the end; it comes down to individual program preference/s, possible budget constraints, and most importantly IMO … one’s professional goals.
     

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