global impactmba costs_products_scale
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GLOBAL IMPACT
MBA Lower Costs, Multiple Products, Enhanced
Scalability
The Global Impact MBA This reThink proposal offers an approach that will significantly improve the quality of the full-time MBA program. This improvement in quality will be achieved by: Determining and designing in a set of learning outcomes (competencies) from the outset. Integrating disciplines throughout each module. Combining theoretical and applied content and experiences. In addition to the improvement in quality, this proposed approach to the full-time MBA: Reduces the direct costs by decreasing the FTE committed to delivery. Offers two complementary and integrated ‘products’: MBA degree and Certificate. Creates a platform for scalability based on the modular structure. The next three pages illustrate the last three points: Lower Cost of Delivery, Integrated Products and Scalability.
Total Instructional FTE
Module 1 Module 2 Module 3 Module 4 Module 5
Instructional FTE per Term
Proposed Global Impact MBA (Full-Time)
0.4 FTE 0.4 FTE 0.4 FTE 0.4 FTE 0.4 FTE
= 2.0 FTE
4 SCH
4 SCH
2 SCH
2 SCH
4 SCH
4 SCH
2 SCH
2 SCH
1 SCH
4 SCH
4 SCH
4 SCH
1 SCH
4 SCH 4 SCH
4 SCH
1 SCH
1 SCH
2 SCH
4 SCH
4 SCH
4 SCH
4 SCH
6 SCH
Current Full-Time MBA Curriculum Structure
0.6 FTE 0.65 FTE 0.65 FTE 0.2 FTE 0.6 FTE 0.55 FTE 0.55 FTE
= 3.8 FTE
Instructional FTE per Term
Total Instructional FTE
Assumption: 20 SCH/AY = 1.0 Instruction FTE; 4/SCH = 0.2 FTE
The proposed Global Impact MBA will utilize 2.0 FTE, compared to 3.8
FTE. This approach frees up
instructional resources for other
activities (instruction,
scholarship, service)
Lower Cost of Delivery
Global Impact MBA + Social Innovation Certificate
Module 1 Module 2 Module 3 Module 4 Module 5
Certificate: On-line Portions of Modules 1, 2 and 3
Global Impact MBA: Face-to-Face and Online Portions of Modules 1 - 5
MBA: Face-to-
Face
MBA: Face-to-
Face
MBA and Certificate:
Synchronous and
Asynchronous
MBA: Face-to-
Face
MBA: Face-to-
Face
MBA and Certificate:
Synchronous and
Asynchronous
MBA: Face-to-
Face
MBA: Face-to-
Face
MBA and Certificate:
Synchronous and
Asynchronous
Module 1 Module 2 Module 3
Social Innovation Certificate: Subset of each Module delivered online (both synch and asynch)
for Certificate students; MBA degree students participate in this portion of course with
Certificate students.
The proposed Global Impact MBA will embeds a Social
Innovation Certificate into the
Degree uses synchronous and
asynchronous online learning. This
approach permits two distinct
audiences to be reached.
Multiple Products
The modular structure of the curriculum facilitates the eventual scaling of the entire program. This approach
overcomes many of the constraints of the current MBA, including classroom availability, faculty teaching schedules
and discrete course sequencing.
Scalability