September 16, 2005

MBA over a weekend . . .

University of Western Ontario's Ivey School is the second of Canada's top 3 (or 5, depending on your choice of ranking agency) business schools to offer a one-year MBA (UWO's Ivey School to cut MBA program to one year). The program cost has likely risen because it's not the time put in but the intensity of the educational program. Besides the product is being demanded according to this quote:

The one-year MBA, rare in North America, is a response to market demand, as students and recruiters seek more intensive learning, Dean Carol Stephenson said.
So it's only a matter of time before we get to the intensity of a weekend at a business school with two heavy days of cross-functional knowledge and presentations, a bunch of 10-minute caselettes and the following exam question:
You invested one weekend of your time and paid $150,000 to have the right to append MBA on your business cards and in your cv. Do you undertsand the economics of this transaction?

Posted by Grayson at September 16, 2005 07:08 AM