EDHEC's campus in Nice, France.Provided photo
EDHEC Business School This week (March 18), France announced the launch of a new 100% online MBA. Two intakes are planned per year, with the first intake beginning this fall and the second in the spring. Approximately 20 students will enroll in each.
The program was developed by the school's digital learning platform EDHEC Online, which was developed in 2018, long before the pandemic led to a surge in online and hybrid MBAs. The platform already offers him three MSc degrees (Data Management and Business Analytics, International Business Management, and Corporate Finance), as well as various online certificates and his MOOCs.
EDHEC's Online MBA Loïc Menviel, Director of EDHEC Online MBA, said: “The course includes 18 months of core business courses, with two topics reinforced throughout: sustainability and digital transformation, including generative AI. I will.”
Students then complete a three-month consulting project working with CEOs on sustainability and digital challenges. You can then choose one of her three-month specialization tracks: Strategic Foresight and Innovation or Climate Change and Sustainable Investment Finance.
Students have access to EDHEC's LEAD360 leadership and professional development program, as well as individual career counseling.
Enhanced online experience
EDHEC is creating a series of “digital learning expeditions” for its online MBA, Menviel said. These are modeled after the in-person company visits of the traditional His MBA experience, but created to allow students to take virtual tours from their home or office. EDHEC works with journalists to design a company-specific story, filming the scene with multiple cameras and showing different angles that mimic a walk through campus.
As an example, we created such a webinar for a data company. We started in the general manager's office, moved through the building to a data scientist to talk about his role and challenges, and then moved to the legal office to be briefed by a lawyer. Compliance issues. They carried out similar initiatives at well-known hotels, allowing students to learn about waste reduction and other challenges in the hospitality industry.
“This gives you the ability to explain specific things, which makes it very impactful and specific. Traditional webinars are very static. You sit in front of a screen and explain different things. ” says Menviel. “Here, we are trying to maintain a high level of engagement to provide a new type of experience compared to traditional webinars.”
More learning expeditions will be developed as the program develops.
Online MBA students also use the e-learning platform of. FOME Alliance, EDHEC Online is a founding member. The alliance is comprised of 12 top-ranked business schools, including the Johns Hopkins Carey School of Business, ESMT Berlin, ESAD Executive Education, and others, and is committed to accelerating EdTech and improving online and hybrid business education. It is working.
To enhance online learning, FOME has developed tools such as “Social Learning” that allow students from different continents to collaborate effectively. Its “adaptive learning” component uses AI to customize learning modules for each student. Mobile-first courses allow students to participate from anywhere, even on the train or subway.
EDHEC research-backed coursework
The online MBA format combines weekly live virtual classes with asynchronous assignments and group work.
The program collaborates with several EDHEC research centers to produce cutting-edge content on current business challenges. for example, EDHEC Risk Climate Impact Institute We will develop lessons on green finance to build a more sustainable economy. EDHEC Crime Risk Management Committee Chair Topics include how the black market works, human trafficking, money laundering, and cybercrime.And that Foresight Innovation & Transformation Chair It will help participants develop a long-term economic vision that takes into account advances in AI and innovative new business models.
“We want to offer a student-centered program. We pay attention to the workload and we pay attention to the ability to succeed in the learning process,” says Menviel. “The online MBA is time-consuming and he is trying to live three different lives at the same time: professional life, personal life, and student life. Our program believes that he can balance the three.”
Competitive price €39,000
The 24-month online version will be one of four MBA programs offered at EDHEC. The French business school, which has campuses in Nice and Paris, London, and Singapore, already offers an in-person global MBA that takes about 10 months to complete. We also offer the Executive MBA in Healthcare Innovation and Technology and the Executive MBA, both of which are part-time programs that take 16 to 19 months.
Compared to Europe's leading online MBAs, EDHEC's program is competitively priced at €39,000, or approximately $42,348. This is significantly lower than the top two ranked online programs. financial times newspaper Latest rankings: Tuition fees at IE Business School are approximately 60,000 euros (approximately $65,000) and Imperial College London fees are 42,600 pounds (approximately $54,000).
Meanwhile, the Global Online MBA at Warwick Business School in the UK costs £39,450 and ESMT Berlin costs €28,000.
Compared to US programs, EDHEC's online MBA is a real bargain. 8 of the Top 10 Online MBA Programs Ranked by poet and poetry In 2023, it will cost more than $80,000. At Carnegie Mellon University's Tepper School of Business, which ranks No. 5 among programs in the United States, the online MBA costs $146,916.
Online MBA market growing overseas
EDHEC's online MBA joins a growing list of virtual MBAs in Europe and beyond. This includes his IE Business School in Spain, which launched the continent's first online MBA in 2001 as a blended program combining face-to-face sessions and digital content.
In March 2021, ESMT Berlin launches online MBA For about $30,000.
Just last month, Indian Institute of Management Ahmedabad has launched an online MBA program that combines in-person and virtual instruction. This is the largest of his IIM schools.
Learn more about EDHEC Online MBA here.
Learn more about our online MBA here. Poets & Quants Online MBA Admissions Event April 16-17.
Do not miss it: Why two Cambridge students created an MBA climate change 'call to action' and How Harvard Business School is leveraging generative AI in its MBA classroom
