Wharton's Big Gamble

[Alpha]

Someone will pay the price.  
Poets&Quants - Wharton's Big Gamble: Why Would Anyone Pay A Quarter Of A Million For An Online MBA? (poetsandquants.com)

[ThatBankDude]

I would if I did not already have an MBA. Heck, I am paying $70K for a Master of Science from Duke. I find the synchronous components of these programs to be highly valuable and the on-campus components are phenomenal as well.

[mohelena02]

If I had the money I would go for it too.

[Pats20]

The average salary of $150k for new grads is about dbl the ave.
4 years it’s paid for.

[smartdegree]

The average salary of $150k for new grads is about dbl the ave.
4 years it’s paid for.

That's for the full-time MBA program.  This is an online MBA.  

According to GMAC's research:
"But GMAC’s data contains a major caveat. In the United States, MBAs and other degrees earned online are actually losing favor among recruiters, with only 29% of surveyed employers saying they view graduates of online and in-person MBA programs equally. That’s the lowest of any world region — and down from 33% of respondents from the 2021 poll. "


https://poetsandquants.com/2022/08/24/gl...older-why/


I and virtually everyone in this board are very pro-online, but facts are 71% of recruiters still aren't on the same page and will not value it the same as an on-campus degree.  Not worth paying 200K for a Wharton degree that will impress only 29% of Wharton's target employers.  Perhaps they should cut the tuition to 29% of the full-time tuition - that will probably make it worth it

[Cowabunga Dude]

They honestly should just offer online MS degrees to protect the value of their MBAs - it's honestly diluting it.

Also, nothing wrong with online MBAs. Just know what you're getting. Going the online route is not great if you want to switch industries as you are not getting on-campus recruiting and it is harder to network. With that said if you want an online MBA, go for a high value AACSB school like UIUC or Boston University.

[Pats20]

They honestly should just offer online MS degrees to protect the value of their MBAs - it's honestly diluting it.

Also, nothing wrong with online MBAs. Just know what you're getting. Going the online route is not great if you want to switch industries as you are not getting on-campus recruiting and it is harder to network. With that said if you want an online MBA, go for a high value AACSB school like UIUC or Boston University.

Two very good values.

---

The average salary of $150k for new grads is about dbl the ave.
4 years it’s paid for.

That's for the full-time MBA program.  This is an online MBA.  

According to GMAC's research:
"But GMAC’s data contains a major caveat. In the United States, MBAs and other degrees earned online are actually losing favor among recruiters, with only 29% of surveyed employers saying they view graduates of online and in-person MBA programs equally. That’s the lowest of any world region — and down from 33% of respondents from the 2021 poll. "


https://poetsandquants.com/2022/08/24/gl...older-why/


I and virtually everyone in this board are very pro-online, but facts are 71% of recruiters still aren't on the same page and will not value it the same as an on-campus degree.  Not worth paying 200K for a Wharton degree that will impress only 29% of Wharton's target employers.  Perhaps they should cut the tuition to 29% of the full-time tuition - that will probably make it worth it

Not just exclusively online, but MBAs in general are losing their value. Employers are looking for applied skills. This doesn’t just pertain to mba but also bsba. Unless it’s applied skill like accounting ,finance , cis. Employers probably would favor  a bs or ms economics degree. And ms analytics

[Pats20]

Like this

This top 60 school. $14k


https://online.missouri.edu/degrees-prog...onomics/ma

[ifomonay]

If it were a Ph.D. in CS from MIT or Stanford I would. I would never pay that much for an MBA anywhere.

[Cowabunga Dude]

Like this

This top 60 school. $14k


https://online.missouri.edu/degrees-prog...onomics/ma

A top 60 business school? If so, I'd like to know what rankings out of curiosity.