Where are all the Global Online MBAs?
Wednesday, February 21st, 2007There is no question that the MBA is at the very heart of graduate business education, it has been established as a globally recognized degree, and that globalization is cast frequently, perhaps most frequently, in terms of business and commerce. This is reflected in an interesting article titled MBA programs and goals shift focus, in which the author, Mitchell Young, President of the University of Northern Virginia (UNVA) in Prague shares some of his insights about where he thinks the MBA as a program is going. In addition to sharing some market trends for the program and some demographic trends of MBA students, Young writes about how the globalization of MBAs is not just about going out into the global market, but has something to do with creating a multi-cultural environment that reflects the realities of international management.
Although Young’s perspective is primarily from that of resident-based programs, some of the challenges he cites are applicable to online education also. For example, he identified language as a potential barrier to a “globalized” MBA. He also points to the cost of a MBA education in the Czech Republic, which is about a third of the cost at the lower cost programs in the United States. This would prohibit many international students from traveling to US and Western European locations to study. Given economic and geographic access barriers, how do you attract a multi-cultural residential student body? How much value is there in a multi-cultural learning environment and what constitutes a multi-cultural environment? Is it a foreign location, far-flung internships, robust study abroad programs, a diverse student body, international faculty, a globalized curriculum, something else, or perhaps a combination of these and other factors?
I suppose that if we assume that more diversity is better and that having multiple layers of opportunity is also better, then a combination of all of the above is better. There are many examples of these activities and qualities at many residential programs. For example, in an earlier posting, I looked at an intensive international environment created at a very traditional French university involving study abroad, recruitment of an international student body, and taking advantage of being located in an international location. This looked very exciting, but a little exclusive. For example, combining work, family, and study, would be nearly impossible. Limiting access in this way reduces a certain form of diversity, which is preserved in many online programs. That said, I am not so familiar though of any online MBAs that pursue more than one or two “globalizing” factors. Why? It seems that all of the characteristics and activities listed above are not only within the grasp of online programs, but there might be lower barriers to achieve then through an online program. After all, when the world is your campus, anybody can study from home, or work, or on a business trip.
So, who is doing this well? If you know of an online MBA that is actively creating a globalized, international, and multi-cultural program through programmatic initiatives, I would like to hear about what they are doing.
