{"id":391607,"date":"2020-04-27T07:00:49","date_gmt":"2020-04-27T05:00:49","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=391607"},"modified":"2020-04-24T13:14:47","modified_gmt":"2020-04-24T11:14:47","slug":"if-youre-looking-for-an-online-mba-these-are-the-10-best-in-the-world-and-how-much-they-cost","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/391607\/if-youre-looking-for-an-online-mba-these-are-the-10-best-in-the-world-and-how-much-they-cost\/","title":{"rendered":"If you’re looking for an online MBA – these are the 10 best in the world, and how much they cost"},"content":{"rendered":"

The IE Business School in Madrid, Spain has been ranked the best in the world in the QS Online MBA Ranking 2020.<\/p>\n

The QS Online MBA Rankings<\/a> assess the online MBA offerings of 47 business schools globally.<\/p>\n

IE Business School retains its top spot, having achieved the highest score in the rankings for both employability (a perfect score) and faculty and teaching, QS said.<\/p>\n

It is made up of three core online periods, one Global Immersion Week (locations include Shanghai, Los Angeles and Mumbai), plus three face-to-face weeks in Madrid.<\/p>\n

Teaching includes working in interactive small groups on real-world, industry-based case studies. The programme has an average length of 18 months, the shortest in the rankings, QS said.<\/p>\n

The class profile is made up of 86% international students, with an average of 10 years work experience.<\/p>\n

Learn.org<\/a> notes that online MBA programmes work like many other online degree. Students can log on at their convenience to listen to recorded lectures and retrieve assignment details.<\/p>\n

Instructors and fellow students can be contacted via e-mail or through online chat rooms or message boards. Assignments and projects are turned in via e-mail.<\/p>\n

While many programmes allow students to take exams online, some might require that exams be taken either on-campus or at proctored sites.<\/p>\n

Many online MBAs are part-time programs and can take around 3-4 years to complete, depending on the course load.\u00a0 Accelerated 1- and 2-year online MBAs allow students to complete all the required coursework in a shorter timeframe than that of traditional MBAs.<\/p>\n

Fees for the 2019-20 academic year at IE Business School are \u20ac51,200, which is around R1 million, thanks to the recent weakening of the South African currency.<\/p>\n

Similarly, fees for the 24-month programme at second placed Imperial College Business School are \u00a337,500 while students have an average of 10.5 years\u2019 work experience.<\/p>\n

Tenth on the list, Otago\u2019s Online MBA is charged per paper over three years.<\/p>\n

Live classes are held in the evenings twice a week, and you would be expected to attend all classes. Classes are also recorded for revision purposes, noted QS.<\/p>\n

The three-year course is made up of two phases:<\/p>\n