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Reply to "Seems like everyone’s upper middle class adult kids have an MBA?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How is an executive MBA program where students login on Fridays not a part-time MBA?[/quote] To LSE MBA 2015 graduate: Continuing my response: The EMBA Program at Wharton requires a payment of $223,500 for all participants. True part-time programs charge course-by-course (by hourly course credits) and the time in which one completes the degree is flexible. Wharton's EMBA Program has no such flexibility--it is a full-time MBA program for working professionals/executives. https://executivemba.wharton.upenn.edu/mba-or-emba/ Your confusion may stem from Wharton's generic explanation comparing a traditional full-time MBA program to a typical EMBA program because it uses the term " Schedules vary among programs,but most offer part-time formats like weekend classes." Wharton's EMBA Program offers no flexibility regarding which classes are taken when, all classes are taken as a cohort, and all students are required to pay the full tuition of $223,500 upfront or in a payment arrangement that recognizes one's balance from day one of the EMBA program as at least $223,500.[/quote] Also, EMBA's typically require an employer to sponsor you and pay for it.[/quote] My understanding is that this has changed over the last decade, but it could--and probably does--vary by EMBA program.[/quote] Most EMBA programs do require that one be employed as a manager or higher and have around 10 years of work experience. Also, recommendations are required. However, employers are less willing to pay for EMBA programs,so, while many still do, if an applicant can pay the upfront bill (usually above $150,000 up to about $230,000) the program will allow the student to do so. But,this can vary by program.[/quote]
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