Washington Olin Launches Online MBA
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Now, though, Olin is adding an online MBA option into its B-school mix. The school has announced that it will launch an online MBA with a digital emphasis.
The program will take place over the course of 30 months and will cost $75,000 altogether. Students will start off taking core classes, then begin choosing between over 20 electives in their second year of study.
The curriculum also includes a “Digital Impact Project,” which will allow students to apply their digital skills with a hands-on project in a topic and setting of their choice, such as within their current organization.
Through an online learning platform coordinated by Washington University’s Center for Digital Education, students will have access to a range of live sessions, asynchronous materials, and interactive exercises.
That learning experience will include live cases studies and frequent guest presenters, according to Olin.
Olin says the new online MBA program is targeted to “leaders in the digitally enabled business world,” which could include either those “working in a digitally mature company or environment” or those “seeking to lead a digital transformation in a company or industry.”
Despite the high-tech focus, one aspect will overlap with Olin’s brick-and-mortar MBA program: core courses will be taught by the same faculty as Olin’s traditional MBA.
Olin introduces its online MBA at a time when online MBA programs’ popularity has been on the rise. A survey of 47 top online MBA programs found that the average number of applications increased from 353 in 2019 to 437 in 2020.
Online MBA programs offer different advantages and disadvantages than in-person programs, so perhaps it’s no surprise that online programs tend to draw a distinct crowd.
Compared to traditional full-time MBA students, those in online MBA programs tend to be older, with more work experience, and they often continue working during their MBA studies.
Besides providing flexibility for working professionals, online MBAs can be cost-effective. Olin’s new MBA has a price tag of $75,000 altogether and ESMT Berlin introduced an online MBA with a tuition of just under $30,000 earlier this year.
So what kind of program is right for you? We can help answer your questions as well as give you feedback on how to put together an application that will stand out at top B-schools.
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