least expensive AACSB accredited doctorate in US or internationally?

[life_learner]

Does the degree name actually need to have "Business"? If not Univ of the Cumberlands has Ph.D. in IT, which is basically a business degree. It's not AACSB accredited, but the school does have regional accreditation. I think it's only $1,500 per course.

University of Cumberlands actually also have a online PhD in business. I am admitted by that program but have decided to go with VWU due to AACSB and reputation. Even for non research teaching position, the difference in pay between AACSB and non AACSB is huge.

@Ifomonay - Do you mean West Virginia University (WVU no VWU) DBA with a focus in Accounting? Or, did you mean Virginia Wesleyan University (VWU)? Virginia Wesleyan does not appear to have a doctorate program.

Education Seeker

I meant to say WVU. For folks considering other concentrations, Marshall or University of North Carolina - Greensboro is good option. For pure teaching position, it seems the pay for non AACSB is around 80k while the pay for AACSB is over 100k. Therefore, one can recover the difference in tuition between University of Cumberlands and Marshall in just about a year. Of course, there are always exceptions.

[origamishuttle]

For pure teaching position, it seems the pay for non AACSB is around 80k while the pay for AACSB is over 100k. Therefore, one can recover the difference in tuition between University of Cumberlands and Marshall in just about a year. Of course, there are always exceptions.

I wouldn't interpret this statistic in the same way. All the best schools are AACSB, so all the highest paid professors would have AACSB degrees, heavily skewing the result. This would imply that pure monetary ROI is far less than the 20k difference. However, it's definitely possible that an AACSB degree will give more options for where to teach, which is an important factor to consider.

[life_learner]

For pure teaching position, it seems the pay for non AACSB is around 80k while the pay for AACSB is over 100k. Therefore, one can recover the difference in tuition between University of Cumberlands and Marshall in just about a year. Of course, there are always exceptions.

I wouldn't interpret this statistic in the same way. All the best schools are AACSB, so all the highest paid professors would have AACSB degrees, heavily skewing the result. This would imply that pure monetary ROI is far less than the 20k difference. However, it's definitely possible that an AACSB degree will give more options for where to teach, which is an important factor to consider.

While there are always exceptions, it's very difficult for a PhD from a non AACSB to land a job at a AACSB business school. On the other hand, we don't have statistics for PhD from AACSB to teach at non AACSB. It seems the job market for business schools are very strong. For someone that can get into a AACSB program and can figure out ways to get the additional 30k funding, the odds are pretty good in getting the investment back in a couple of years. There are similar discussion topics on degreeinfo.com and it's a good idea for anyone making that decision to take a look at that.

[bjcheung77]

Well, you should also give these guys some consideration, courtesy of another board member durain : https://www.degreeforum.net/mybb/Thread-...-DBA-AACSB

[life_learner]

Well, you should also give these guys some consideration, courtesy of another board member durain : https://www.degreeforum.net/mybb/Thread-...-DBA-AACSB

MBS looks like a good choice in terms of cost and quality, even after taken into consideration that foreign university is not eligible for tuition assistance.

[EducationSeeker]

Well, you should also give these guys some consideration, courtesy of another board member durain : https://www.degreeforum.net/mybb/Thread-...-DBA-AACSB

MBS looks like a good choice in terms of cost and people's uality, even after taken into consideration that foreign university is not eligible for tuition assistance.

@bjcheung77

When you say tuition assistance, do you mean your (or other other reader's workplace tuition assistance) would not pay for a foreign university? Or, are you referring to US Federal Stafford student loans? At $25-27,000 USD total cost for an online AACSB accredited DBA program, that is a comparative deal compared to the lowest priced AACSB online PHD program in the US which is UNC Bryan followed by Marshall University DBA at about $56,000 - 57,000. That is about 1/2 the price. I am wondering if Montpelier accepts private loans like Sallie Mae or have a tuition payment plan?

Thanks,

Education Seeker

[life_learner]

Well, you should also give these guys some consideration, courtesy of another board member durain : https://www.degreeforum.net/mybb/Thread-...-DBA-AACSB

MBS looks like a good choice in terms of cost and people's uality, even after taken into consideration that foreign university is not eligible for tuition assistance.

@bjcheung77

When you say tuition assistance, do you mean your (or other other reader's workplace tuition assistance) would not pay for a foreign university? Or, are you referring to US Federal Stafford student loans? At $25-27,000 USD total cost for an online AACSB accredited DBA program, that is a comparative deal compared to the lowest priced AACSB online PHD program in the US which is UNC Bryan followed by Marshall University DBA at about $56,000 - 57,000. That is about 1/2 the price. I am wondering if Montpelier accepts private loans like Sallie Mae or have a tuition payment plan?

Thanks,

Education Seeker

@EducationSeeker

That's actually from me. When I say tuition assistance, I meant workplace tuition assistance. At my company, it's $5,200 per calendar year. The three year program will span four calendar years so the total tuition assistance would be 20,800. 
I agree MBS pricing is very competitive. Personally, I'd possibly choose MBS over Marshall. For someone wants a concentration in organizational behavior, strategy, or international business,  UNC Bryan is still a solid option. 
Personally, I'll stick to WVU DBA in accounting due to its focused curriculum on accounting.

[bjcheung77]

@life_learner, Wow! If you can use tuition assistance for those four years, you get a significant discount from those reimbursements! A doctorate (DBA or PhD) would be more affordable. I would still recommend completing a local/national program instead of international one if you have the option for reimbursement.

@Education Seeker, there is no harm in asking those financial institutions like Sallie Mae or alternatives to see if you can get a tuition payment plan in place, if there is one, I would certainly recommend that option if it helps affording the costs of the program. Good luck any way you go...

[EducationSeeker]

@life_learner,  Wow! If you can use tuition assistance for those four years, you get a significant discount from those reimbursements!  A doctorate (DBA or PhD) would be more affordable.  I would still recommend completing a local/national program instead of international one if you have the option for reimbursement.  

@Education Seeker, there is no harm in asking those financial institutions like Sallie Mae or alternatives to see if you can get a tuition payment plan in place, if there is one, I would certainly recommend that option if it helps affording the costs of the program.  Good luck any way you go...

@bjcheung77

As a follow-up to this thread recommendation, I spoke with the admission department today regarding the Montpellier University Business School in France. The program is a Digital (totally online) 3 year DBA AACSB, EQUIS, and provisionally AMBA program that costs 27,000 Euros or a little over $28,000 USD. I cannot think of a program in the US that is AACSB accredited and is that cheap. The next cheapest AACSB accredited DBA program is $57,000 at Marshall University. The PHD in Business Administration at UNC Greensboro is about $50,000 USD.

Regarding Montpellier, the only drawback is that it does not appear they take US Federal Stafford loans. If you are self-employed like I am with no tuition reimbursement, you would either have to pay with a private student loan like Sallie Mae or are there are other student loan companies like Paras (based out of India) that work with Montpellier. From my preliminary research, there are only 15 schools that participate in the US Stafford Loan program and Montpellier is not one of them. I did see that other private loan programs are available at about a 4-8% interest rate. They did say you could do a payment plan throughout the 3 years if paying out of pocket.

As a reference point, Grenoble University in France PHD in Business Administration program is about double this cost at about $60k for the total cost not including travel costs to LA or France. I think Grenoble does participate in the US Federal Loan program. 

I am calling the Stafford Loan customer service number to verify Montpellier not participating in this program and also calling Sallie Mae to see if they would cover tuition for a program not based in the USA. I believe they do based on the fact they would pay tuition at UK universities. I will let you know what I found out.

Education seeker

[sanantone]

Hundreds of international schools accept U.S. financial aid. In the past, financial aid couldn't be used for foreign online programs. I don't know if that rule has changed.

https://studentaid.gov/understand-aid/ty...ernational

---

Good news for those attending participating institutions. Congress granted a waiver to allow American students to receive financial aid for online courses until June 30, 2022. This was extended to June 2023. Jump on the opportunity now. Normally, no courses can be taken online when receiving financial aid at non-U.S. institutions.