Boston University‘s Questrom School of Business has partnered with edX to create the BU Questrom Online MBA, a fully online Master of Business Administration with a total tuition cost of $24,000. The program will be the first online MBA available on edX.
The $24,000 price point reflects the business school’s social mission to “expand access to a top-tier business education throughout the world,” according to a news announcement. As Susan Fournier, Allen Questrom Professor and Dean, noted, “Digital business is all about scale. The online MBA market is price elastic, with degree offerings ranging from $11,000 to $132,000, with a median price of $75,000. We expect tuition for online MBA degrees to drop to get to scale. We decided to be in front of this trend.”