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Class2012
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Jack Welch MBA (Merged) 22 Jun 2009, 07:00
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https://online.wsj.com/article/SB124562232014535347.html

Requirements:
Min GPA of 2.8.
GMAT not reqd.

Ivy League professors are being interviewed for Faculty positions.

Is Jack expecting that there would be surge in online education due to the slump in the economy?

Quote:
Boston research firm EduVentures Inc. estimates that 11% of the roughly 18.5 million U.S. college students took most of their classes online in the fall of 2008, up from 1% a decade ago.
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Jerz
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Concentration: Health Enterprise Management, Marketing, Strategy, Finance, Analytical Consulting, Economics
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Jack Welch MBA (Merged) 23 Jun 2009, 03:05
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Quote:
Chancellor's accrediting body, the Higher Learning Commission of the North Central Association of Colleges and Schools, put the school on probation in November, citing concerns about its reputation, student turnover and resource allocation.
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Hopefully they get this settled before taking tuition. I think the challenge with online MBAs - or any online degree I guess - is that while you can learn the subject matter the same as you would in a classroom, you lose the relationship-building and networking aspect of school. So while this may be good for someone who just wants to learn management, I don't think it would even come close to comparing to a FT/PT/EMBA program in terms of a career accelerator.

Then again, at only about $20,000 in cost, you're also paying far less than you would for a FT/PT/EMBA program.
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Jack Welch MBA (Merged) 23 Jun 2009, 09:10
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Jack Welch just started his online MBA in coordination with Chancellor University. They don't have GMAT as a requirement, however they prefer candidates with a BA in finance or related w/ >2.8 GPA. If the major is different then they want those students to do 5 bridge courses. More info at https://www.jwmi.com/admissions.html and [url]https://www.businessweek.com/bschools/content/jun2009/bs20090622_962094.htm
[/url]

Any take on this?
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Jack Welch MBA (Merged) 25 Jun 2009, 21:47
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Jerz
Quote:
Chancellor's accrediting body, the Higher Learning Commission of the North Central Association of Colleges and Schools, put the school on probation in November, citing concerns about its reputation, student turnover and resource allocation.

Hopefully they get this settled before taking tuition. I think the challenge with online MBAs - or any online degree I guess - is that while you can learn the subject matter the same as you would in a classroom, you lose the relationship-building and networking aspect of school. So while this may be good for someone who just wants to learn management, I don't think it would even come close to comparing to a FT/PT/EMBA program in terms of a career accelerator.

Then again, at only about $20,000 in cost, you're also paying far less than you would for a FT/PT/EMBA program.
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I agree completely. The main reasons I am going for an MBA are the recruiting process and the networking. Doing an online MBA for 20k almost defeats the purpose, and IMO you're basically throwing money down the drain.