The University of Missouri at Kansas City's Bloch School of Management will offer a one-year MBA program in 2015. Notably, the MBA will be free, at least for the program's first year.
"Due to the generosity of Henry W. Bloch, the school's namesake and major benefactor, all students admitted into the fall 2015 class of the Intensive Full-Time MBA program will receive full-tuition scholarships for their studies," according to the Bloch website.
The program is called the "Intensive Full-Time MBA," and will be UMKC - Bloch's first traditional full-time MBA offering. The school also offers Professional and Accelerated Professional MBA programs, which are both part-time offerings with courses delivered in the evening.
The new full-time MBA will cover a range of business topics, with classes like "Principles of Finance," "Principles of Managerial Accounting," and "Marketing Research and Decision Making." The program will also include some CSR-focused classes, like "Socially Responsible Management, Ethics, and Environmental Issues" and "Corporate Entrepreneurship and Innovation: Meeting the Management Challenge."
As part of the MBA, students will also pursue a "Global Immersion Capstone Experience," where they'll travel to international locations to complete business projects.
UMKC - Bloch is targeting "talented young professionals who have strong communication skills and a compelling record of professional achievement," according to the MBA program webpage. Specifically, candidates will need at least two years of work experience to apply, with between three and seven years being the preferred work experience range. Additionally, a minimum score of 650 on the GMAT will be required (or an equivalent GRE score), although most "admitted students will score between 680 and 740 on the GMAT."
International students will be required to submit either an IELTS band score of 7.5 or a minimum TOEFL score of 100.
The full-tuition scholarships will cover tuition and travel expenses for the global immersion experience. Expenses that are not covered will include textbooks, living costs, health insurance, and other required university fees.
The new MBA is set to launch in the fall of 2015. The round one application deadline is January 15, 2015.
For more information, please see UMKC - Bloch's Intensive Full-Time MBA program webpage.