NEC member Boston University (BU) has announced plans to launch an online Master of Business Administration (MBA) program. The new program will have a total tuition cost of $24,00 and is set to launch in fall of 2020.
Boston University will partner with online education platform edX to offer the low-cost online MBA worldwide. EdX, created by Harvard University and MIT, currently has over 21 million registered users who have enrolled in more than 75 million online courses. While BU has worked with edX for the past six years to offer low cost undergraduate ‘massive open online courses’ (MOOC’s), this is their first time offering a graduate degree. The MBA will be designed from the ground up and will incorporate content from BU’s Questrom School of Business alumni and international business partners.
BU Provost Jean Morrison noted that by adding an affordable, high quality, large enrollment online MBA, the university is continuing its mission to provide various iterations of MBA programs that are compatible with the unique aspects of all business learners. BU currently has six different MBA programs including Full-Time MBA, Professional Evening MBA, Executive MBA, Health Sector MBA, Social Impact MBA and the MBA+ MS in Digital Innovation. Applications for the online program will open on August 16, 2019 for the fall 2020 semester.
“With an online MBA we’re seizing the initiative to offer a major degree for which we believe there is global demand,” said BU’s President Robert A. Brown. “Higher education must evolve in a fast changing world. We aim to lead in this evolution.”
The Council applauds Boston University on this program and their mission to expand access to higher education programs.