Are EMBAs worth the fee?
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
I recently completed the University of Chicago Booth EMBA programme in Singapore. In my view, the learning, the experience and the community are invaluable. Perhaps more importantly, I believe that the EMBA format prepares students better for the workforce than a traditional residential MBA programme. The commitment to family and the demands of work continue side by side with a rigorous academic schedule, [which] makes students aware of their true capacity to handle the various aspects of their lives.
Abhinav Jhunjhunwala. By email
…
If you think an EMBA is mainly a licence to get a higher salary, I think you are not really ready for it. The learning journey should help you to become a more reflective leader, a better strategist, and a more mindful person with a high level of self-awareness. If you accomplish this, you will realise that the main “gain” of an EMBA programme is not monetary but personal.
Stefan Michel, EMBA director, IMD, Switzerland. Blog comment
…
While EMBAs appear to come at a premium compared with the full-time programmes, keep in mind that most EMBA tuition fees, unlike full-time programmes, include items such as all books and learning materials, accommodation and meals during residential sessions and an international trip. Also keep in mind that EMBA programmes don’t require students to quit their jobs, so there is no lost salary to include as an opportunity cost (unlike full-time programmes). Taking these other factors into consideration . . . one could make the case that an EMBA is actually less expensive than the matching full-time MBA.
DSzpiro. Blog comment
…
I would invest it.
@vikasagarwal42
…
Having met too many MBAs who really disappointed me, I would spend it on something else.
@johntrew888
…
Build a school.
@Buloongo
——————————————-
An EMBA or …
$174,000
Chicago Booth vs a colonial house in New York state
The house in the hamlet of Malden-on-Hudson, New York state is in need of some restoration.
…
$107,828
UCLA: Anderson/National University of Singapore vs a luxury wedding
A luxury wedding for 200 guests at the Mandarin Oriental hotel in Las Vegas. Before the wedding the bride is treated to a private dress consultation at Lanvin, a pair of Jimmy Choo shoes and a diamond pendant from Harry Winston. Afterwards the bride and groom can enjoy a seven-night honeymoon at the hotel.
…
$68,649
City University Cass Business School vs a Maserati
The new four-door Ghibli has a V6 Ferrari engine, reaches 60mph in 4.7 seconds and goes on to a top speed of 163mph. It has a lower price tag than Maserati’s other models, which are all priced above $100,000.
…
$28,118
Stockholm School of Economics vs a Marc Jacobs dress
The material alone, covered with organza flowers, costs nearly $11,000 a metre.
Comments