MBA, Part Time (1 year)
Program Detail
|
| Program Name |
MBA, Part Time |
| Program Overview |
|
| Areas of Study |
- Banking
- Communications
- Corporate Social Responsibility / Ethics
- Product Management
|
| Joint Degree Offered |
Yes
|
| Delivery Format |
Classroom
|
| GMAT Score |
Average Total: 570
|
| Tuition & Fees |
Residents, Per Credit Hour: USD 380
Non- Residents (US), Per Credit Hour: USD 1,026
NEBHE/Canadian, Per Credit Hour: USD 570
|
| Financial Aid Availability |
Financial aid available, contact school for more information
|
Start Dates &
Application Deadlines |
| Start Date |
Application Date |
| 9/2/2014 |
8/1/2014
|
| 1/12/2015 |
12/1/2014
|
This program accepts rolling admissions.
|
| Upcoming Events |
|
| Program Size |
Class Size: Average is 15-25; capped at 30
|
-
Topschoolsintheusa: Discover the top ranked full-time MBA programs in Tennessee.
Check this link to find average GMAT scores, acceptance rate, and average
starting salary and bonus as well as tuition and fee information of all best
business schools in
Tennessee.
MBA Costs
For prestigious and renowned business schools, a very
high price usually has to be paid for the MBA study
financing. Therefore, you should know what costs are
involved and where the money goes.
The cost of an MBA program is usually much higher
than that of another master. Here again there are
differences between the individual programs, depending
on the institution (whether private or public) and the
country in which the MBA is offered. However, the price
should not be seen as a quality feature of an MBA!
In many cases, the price of a program depends very
much on the awareness of a school. As with other branded
products, a partial sum is paid for the name (ie the
“brand”) of the business school. So you should be very
clear about what to expect from the MBA course, how much
budget you have available for it and whether the chosen
course can meet these expectations.
When calculating the costs of MBA study financing,
one should not only include the tuition fees and also
not to forget the cost of living. To study at an
internationally renowned school in the United States,
you should calculate costs of up to $ 90,000 per
year. These contain the following expenses:
- Tuition fee
- University healthcare costs
- Health insurance
- Program support costs
- Housing and operating costs
- Meals and other
In comparison, the tuition fees for the programs at
Lancaster University in England only cost about half of
the expenditure in the USA, because in Great Britain,
for example, housing costs are not as high as in
Harvard. Nevertheless, housing costs in large cities
such as London can be very high, and there are the
following expenses:
- Tuition fee
- Housing
- Catering
It is important to pay attention to what is
included in the costs. Are material costs included? Are
semesters abroad or internships included and are these
organized by the business school? Are other services
included, such as job advice for graduates? These are
important issues that should play an important role in a
decision.
Furthermore, it is important to note which type of
MBA is sought. You cannot work on a full-time
course. You have to expect high costs for your studies
and little income during this time. Not to forget the
move to another city and travel expenses. However, the
period of study is much shorter.
One of the most important precautions before you
enroll in a program is to prepare a cost benefit
analysis for the MBA study financing or to calculate the
return on your investment. MBA programs are undoubtedly
expensive. However, if you consider that graduates of a
renowned business school earn many times more than
before their studies, then such studies can pay off very
quickly.
The average earnings of an MBA graduate vary
considerably depending on the country and the industry
in which you work. Research has shown that degrees at
European and Asian business schools allow salaries to be
as high as in the United States. Companies also take the
high standards into account, even if the graduates are
not graduates from American business schools.
A high salary after an MBA course can of course not
be guaranteed. The return on investment (ROI) is of
course also dependent on the market situation and the
program in which you are participating. The more
prestigious a business school, the more salary you can
expect after graduation (depending on the industry or
division) and vice versa. In order to invest the money
wisely, you should be clear about how much you earn with
an MBA in the respective branch, which business school
is best suited for it and which one best meets the
requirements. You should know exactly how much money you
have available, how much you are willing to invest, eg
"What do I already have and what do I need?" And how
much time you want to invest for your studies.
|
