What Is The Power MBA?

The Power MBA is an increasingly popular online program—but how does it measure up to a traditional MBA?

The Executive Global Master’s in Management (EGMiM) at LSE

Often branded as “the alternative MBA,” LSE’s EGMiM program gives students the chance to dive deeper into the theory behind business practices.

The program takes a step back from case-based learning, and often covers psychological and sociological theories that help participants develop a thorough understanding of the business world.

The EGMiM is part time, allowing students to take part without sacrificing their current job. It is taught through intensive residential sessions throughout the year, alongside online study. Tuition fees currently stand at $81,888.

The Quantic MBA

Branded as “the free MBA,” Quantic has an unusual business model. The US-based distance learning provider offers an online MBA program free of charge—to applicants who are competitive enough to be selected.

Employers pay Quantic for access to their alumni, funding the entire program. The Quantic MBA takes 11 months to complete, and can be studied alongside a full-time job.

Virtual classes consist of 150-to-200 students, and learning is carried out through interactive digital lessons, as well as synchronous discussions and group projects.

Students studying the Quantic MBA also have access to an online library of resources, resume and cover letter consultations, and an online career network. The Quantic MBA is accredited by the Office of the State Superintendent of Education (OSSE), and the Distance Education Accreditation Commission (DEAC).

The mini MBA

This fast-track version of the MBA condenses two years worth of content into 40 hours of tuition. Mini MBA programs are designed to offer an introduction to business, helping early career professionals gain a footing in business fundamentals, and preparing others for more extensive programs further down the line.

Mini MBAs are offered by business schools including the University of Buffalo, Miami Univeristy, Ohio's Farmer School of Business, and Pepperdine University’s Graziadio Business School.

Most mini MBAs cost between $3,000-and-$5,000 to complete.

The Power MBA offers its students an affordable overview of key business topics, taught by leaders in their field. It could also help you identify where your interests lie if you are considering business school further down the line.

However, it is not a substitute for a more traditional business school program. The Power MBA does not allow for the interaction with peers and professors, personal industry connections, networking opportunities, and career services that a traditional MBA would impart.