For a number of years now, Detroit Mercy’s MBA program has been ranked among the top 30 graduate Management programs in the nation by U.S. News & World Report. (The most recent ranking placed us at No. 22 in the United States.) But last year, the College of Business Administration redesigned and repriced the program to complement its outstanding quality with affordability and convenience.
The University reduced the MBA tuition by 50 percent, a historic change that puts the cost per credit hour at $789, competitive with all the public and private universities throughout the region. In addition, the University streamlined the curriculum, reducing the time required to complete the degree, and offers an online option in addition to the traditional face-to-face option. The online option opens up the possibility of completing a Detroit Mercy MBA to students living anywhere in the world, as well as to those who live in Michigan but travel frequently for work.
According to CBA Dean Joe Eisenhauer, this new structure will make a world-class MBA more readily attainable for students.
“We recognize the new economic realities: employers have reduced their tuition assistance in recent years, putting an MBA out of reach for many qualified candidates who may already be paying back student loans from their undergraduate studies,” he said. “We’re doing something about that, by making graduate business education affordable again.”
“The innovative redesign of Detroit Mercy’s nationally ranked MBA program integrates collaboration, experiential and interactive learning while maintaining our long-standing tradition of emphasizing business ethics and social responsibility across courses,” said Director of Graduate Business Programs Omid Sabbaghi. “The recent streamlining of our curriculum helps our graduates gain the necessary tools in meeting the evolving needs of firms that seek to hire and promote employees.”
The new structure and pricing have already had a positive impact on enrollment. As the winter semester got underway in early January, the number of traditional part-time MBA students had more than doubled from a year earlier.