A good MBA from a reputable school can literally propel you to stratospheric success and enhance your earning potential in your professional work. But the degrees awarded from such schools are often expensive for the greater value they bring forth. For ambitious people whose budget for an MBA is small, this goal may seem unachievable.
Here is the good news. You can now opt for an online MBA program that is reasonably priced and is also decidedly of great value for it is taught by a mega successful management genius - Jack Welch. This former CEO of General Electric launches the Jack Welch Management Institute whereby its MBA is offered almost entirely online. The tuition fee is such that it is priced at $600 per credit hour, enabling students to obtain this prestigious MBA for just over $20,000.
The program is reported to be similar to conventional MBA programs, except that it will also incorporate principles that Jack Welch himself believes will work in business. For example, in the budgeting section, there will be a usual way of budgeting and Welch's view of budgeting. As such, students can debate on the two and expect an interesting study session with much exchange of ideas.
The maestro said that for every course there will be some elements from what he taught at Crotonville. The institute is gearing up in all aspects and hope to start offering the online program in September 2009. Welch reports that the institute will "start slow" and will focus on delivering program of excellent quality.