Aug 04 2008

Aggravated With Indiana University’s New MBA Program

Published by Michael at 3:49 pm under Hardly Working

I was driving down the Borman Expressway when I noticed a new billboard ad with the Indiana University logo splashed across it.  I graduated from IU (twice) and occasionally teach at the Northwest branch, so I’m drawn to this stuff.  The advertisement said something along the lines of “Get Your MBA In Twelve Months”. You only have to go to classes on Saturdays and the degree is AACSB accredited.

What the hell?! I spent two and a half years at Indiana University to get my MBA.  I took night classes twice a week, after commuting back from my full-time job in Chicago. There were no Saturday courses back then.  To add insult to injury, Indiana University Northwest lost their AACSB accreditation a year into my studies and didn’t get it back until two years after I had graduated.

I called my mentor professor to complain a bit.  He said that the twelve month program was new and included many internet-based classes.  He also said that it cost $25,000 for all of the classes.  That’s cheap by “Ivy League” standards, but I only paid about a thousand per semester for my degree (a lot less).  So, there’s a trade-off for the quick degree.

I understand that the business school has to stay competitive, since there are now thirteen other MBA degree programs in Indiana, but I’m still aggravated by this.  I can’t say whether the degrees earned under this new program are less deserved than the one that I received, but it seems like I could have waited six years and gotten an MBA far more easily.  Where’s my “quick and easy” PhD program?

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