George Soros' EMBA program closed
https://www.ceu.edu/article/2022-12-02/ceu-phase-out-executive-mba-program
The program design was a beauty and the facult top-notch. It is just too expensive to run
The future of MBA is dire
CEU to Phase Out Executive MBA Program
Posted Feb 14, 2024 03:53
https://www.ceu.edu/article/2022-12-02/ceu-phase-out-executive-mba-program
The program design was a beauty and the facult top-notch. It is just too expensive to run
The future of MBA is dire
Posted Feb 14, 2024 10:46
This really isn't about the MBA. CEU's headquarters was essentially evicted from Hungary and the business school as a whole closed. That Soros funding only goes so far....
Posted Feb 15, 2024 05:43
It is a financial decision I believe reading the article of course the decision of Hungary tyrant Viktor Orban played not a small part in the financial trajectory of the University and the program.
After an extensive external academic review, CEU's Senate has come to the difficult decision to end its Executive MBA program. Founded in 2019, the program enjoyed robust interest from students from diverse cultural, professional, and social backgrounds. It successfully graduated its first cohort last academic year and has currently 159 students enrolled.
The external academic review was mandated by the CEU Senate when the program was launched two years ago. It was carried out by three distinguished academics who carefully evaluated among other questions student recruitment, program cost and revenue, and future investment needs. It concluded that maintaining the program in its current form was not sustainable and that significant additional investment would be required to secure its future. Considering CEU's strategic effort to align teaching and research to the University's mission and core strengths, this investment will not be feasible.
After an extensive external academic review, CEU's Senate has come to the difficult decision to end its Executive MBA program. Founded in 2019, the program enjoyed robust interest from students from diverse cultural, professional, and social backgrounds. It successfully graduated its first cohort last academic year and has currently 159 students enrolled.
<div>
</div><div>The external academic review was mandated by the CEU Senate when the program was launched two years ago. It was carried out by three distinguished academics who carefully evaluated among other questions student recruitment, program cost and revenue, and future investment needs. It concluded that maintaining the program in its current form was not sustainable and that significant additional investment would be required to secure its future. Considering CEU's strategic effort to align teaching and research to the University's mission and core strengths, this investment will not be feasible.</div>
Posted Feb 15, 2024 14:17
That's pretty grounding to think that even with 159 students, an EMBA can't break even.
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