Posted on 10/15/2015 8:07:22 AM PDT by SeekAndFind
One program at Arizona State Universitys business school has a brand-new price tag: $0.
Starting next fall, the W. P. Carey School of Business plans to offer full scholarships to all incoming full-time M.B.A. students. The goal is to attract students with nontraditional backgrounds and career aims, and kick off a new business curriculum, leaders say.
At the heart of the decision to eliminate tuition was school leaders desire to change the complexion of its M.B.A. class, said Careys dean, Amy Hillman. Careys full-time M.B.A. student body is a fairly traditional M.B.A. class, in Ms. Hillmans words, with the bulk of graduates going into technology, manufacturing and finance, according to school placement figures.
School leaders realized the sticker price for the two-year M.B.A. programwhich runs from $54,000 for in-state residents to $90,000 for international studentsdeterred students who were interested in pursuing careers in nonprofits or those who felt they couldnt afford the opportunity cost of attending. They wondered what would happen if the cost of attendance were no longer a barrier.
So they turned to a $50 million donation given in 2003 from real-estate mogul and philanthropist William Carey. That money had been put toward recruiting new faculty, but Ms. Hillman said her administration agreed it was time to spend the money on students.
Some 86 first-year students are currently enrolled in Careys full-time M.B.A. class, but the school will cover free rides for up to 120 students starting in the fall of 2016; the school declined to provide cost estimates.
The business school enrolls more than 13,500 students in total, including more than 12,000 undergraduates and nearly 800 students in its portfolio of M.B.A. programs, which includes part-time and online degrees.
(Excerpt) Read more at wsj.com ...
And worth every penny.
In “30 Rock” (see below) Alec Baldwin’s smarmy executive offered the following assessment of parenthood: “A parent is the one person who is supposed to make their kid think they can do anything — says they’re beautiful, even when they’re ugly, thinks they’re smart, event when they go to Arizona State.”
OUCH.
Then there’s always good old Hard Knocks U.
So make the MBA the new BA, which was made the new HS diploma. #yay
Why not just pay people to take their classes?
I’ll take the free education. Problem is will it matter to companies who look for MBA’s?
If companies don’t care and an MBA is a requirement, sign me up.
LOL!!
I work on defense and my NAB hasn’t done anything for my career. Host sayin.
MBA...stupid auto correct
I give up...
Pretty much any job I apply to has BA mandatory, MBA preferred.
Can’t tell you how many jobs I lost to someone with 1/10 my experience because he had a degree. So after 35 years I decided to go back to school. Will have my degree next year.
LOL
Awesome. Do it to it Andy!
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