Michigan Ross and Michigan State Broad: Which MBA is Right for You?
As you search for the best fit in an MBA program, the country’s big metropolitan areas are likely on your list. It’s clear that New York, Chicago, Los Angeles, San Francisco, Boston and Philly have no shortage of renowned business schools and robust job markets.
Emory Goizueta Initiates Pilot Program to Enhance Global Immersion Experience
Globalization is a key feature of Emory University’s Goizueta Business School. There’s an eye on international business throughout the university, coming in many forms. In lectures, students spend hours pouring over case studies from around the world. In addition, 17 percent of the current Class of 2021 are international students representing 31 countries, and more than 20 exchange students and 31 international company-sponsored students enter the MBA program each year.
However, that doesn’t mean that there aren’t areas where Goizueta can improve. Recently, Goizueta Dean Erika James pointed out an often-overlooked global resource: collaboration. James’ goal is to create more opportunities for students when it comes to international immersion as well as partnership. Her strategic plan is to explore more global collaboration opportunities across all eight focal areas for the campus.
As part of this global expansion, Dean James plans to continue to increase awareness of the influence and impact of global business firms, particularly since students consistently interact with these foreign partners and are hired by them.
“There is nothing new about globalization; no one even talks about it anymore,” James said in a recent interview featured on the Goizueta website. “In fact, companies expect that students will be on global teams or will interact with an international clientele. I want to make sure we are doing all we can to prepare students for an increasingly interconnected world. While advances in technology and transportation make the world smaller, it is still a melting pot of rich cultural differences and varied business norms. Our students can’t afford to not be aware of as much detail as possible.” Continue reading…
What are the Best Healthcare MBA Degrees in Toronto?
The Toronto metro is not only home to a number of the finest business schools in Canada—it is is one of the top cities in North America for healthcare and human health sciences. According to the City of Toronto, the city’s life sciences sector employs nearly 30,000 professional and contributes more than $2 billion to the local economy. In a word, Toronto healthcare is huge.
What are the Fastest MBA Programs in Boston?
Some students want to complete their MBA coursework as quickly and efficiently as possible—time is money after all! Continue reading…
How Affordable are Baltimore MBA Programs Compared to DC?
A few years ago, the Baltimore Sun published a hilarious list outlining 100 reasons why Baltimore is a better city than Washington DC. Here are some of our favorite reasons:
- We don’t start conversations by asking, “What do you do?” or “Who do you work for.”
- It never takes us 45 minutes to go six miles.
- Our traffic doesn’t lead to clinical depression.
- D.C.’s happy hour is regular price to us.
- Our signature food is crab cakes and pit beef. D.C. has … yeah.
- We weren’t built on a swamp.
- Cal Ripken is 2,632 times better than any D.C. sports figure.
- The NATIONAL Aquarium: Not in the nation’s capital.
Yes, some of these reasons are very tongue-in-cheek, and the list aimed to be light-hearted and irreverent. But if you’re a prospective MBA in the DMV, there are some clear advantages to picking a business school in the Baltimore metro over the Washington DC metro, namely the affordability of programs.
Let’s take a deeper dive and see just how affordable Baltimore MBA Programs are compared to their DC counterparts.
Which MBAs Can You Earn in Baltimore and DC?
Both Baltimore and Washington DC are home to some of the country’s most prestigious business schools and MBA programs. Programs offered in the Baltimore metro include:
- Perdue School of Business – Salisbury University
- Carey Business School – Johns Hopkins University
- Sellinger School of Business – Loyola University Maryland
- University of Baltimore – Merrick School of Business
- University of Maryland R.H. Smith School of Business
Meanwhile, MBA programs offered in the Washington DC Metro include:
- George Mason University School of Business
- George Washington University School of Business
- Howard University School of Business
- Kogod School of Business – American University
- McDonough School of Business – Georgetown University
How Affordable are Baltimore’s Programs Compared to DC’s?
Yes, both metros boast and impressive programs that are sure to provide prospective MBAs with a high-quality business educations, but which city offers the more affordable options?
Here is the average cost per credit hour at business schools in Baltimore.
- Carey Business School Global MBA: $2,174 per credit hour
- Perdue School of Business Full-Time MBA: $392 per credit hour (in-state students), $703 per credit hour (out-of-state students)
- Sellinger School of Business Full-Time MBA: $1,238 per credit hour
- Merrick School of Business Flexible MBA: $824 per credit hour (in-state students), $1,149 per credit (out-of-state students)
- R.H. Smith School of Business Full-Time MBA: $1,658 per credit hour (in-state students), $1,998 per credit (out-of-state students)
Let’s compare these tuitions rates to the MBA offerings in the Washington DC area:
- George Mason University School of Business Full-Time MBA: $950 per credit hour (residents of Virginia, Maryland, and Washington DC), $1,751.50 per credit hour (out-of-state and international students)
- George Washington University School of Business Global MBA: $1,837 per credit hour
- Howard University School of Business Full-Time MBA: $1,259 per credit hour
- Kogod School of Business Full-Time MBA: $1,642 per credit hour
- McDonough School of Business Full-Time MBA: $1,880 per credit hour
When looking at tuition costs, Baltimore takes the cake. Even though Baltimore boasts the most expensive full-time program (Carey Business School Global MBA), the average cost per credit hour for both in-state and out-of-state students is about 16 percent lower in Charm City.
Washington DC vs. Baltimore MBA Cost
| Baltimore | Washington DC | |
|---|---|---|
| In-State Cost (per credit hour) | $1,257.20 | $1,513.60 |
| Out-of-State Cost (per credit hour) | $1,452.40 | $1,673.90 |
Additional Costs To Consider
Aside from tuition, business students living in the Baltimore area have a lower cost of living then their Washington DC counterparts. According to Numbeo, you would need around $4,541 in Baltimore to maintain the same standard of life that you can have with $6,100 in Washington DC, assuming you rent in both cities. This calculation uses the website’s Cost of Living Plus Rent Index to compare cost of living.
Here’s a closer look at how Numbeo creates its Cost of Living Indexes, and a breakdown of a few key stats to look at when comparing Baltimore to Washington DC:
- Consumer Prices in Baltimore, MD are 14.78 percent lower than in Washington DC
- Rent Prices in Baltimore, MD are 39.97 percent lower than in Washington DC
- Groceries Prices in Baltimore, MD are 15.70 percent lower than in Washington DC
- Local Purchasing Power in Baltimore, MD is 10.21 percent lower than in Washington DC
The case for Washington DC
So Baltimore’s MBA offerings are, on average, more affordable than Washington DCs. But what if money isn’t an issue, or you happen to get into a program in DC? Here are a few ways that the Capital City has the Monument CIty beat, according to Thrillist:
- Culinary Scene: DC is experience a craft beer renaissance with four breweries opening in recent years: DC Brau, 3 Stars Brewing, Chocolate City, and Bluejacket (soon). Meanwhile, notable restaurants such as minibar (Andres), Le Diplomate (Starr), Kapnos (Isabella), Range (Voltaggio), and Casa Luca (Trabocchi) have also opened. Baltimore isn’t really known as much of a foodie town.
- Public Transit: The Metro is one of the most efficient, most convenient, and cleanest public rail lines in the country. Baltimore’s metro runs East to West only, and doesn’t link up with either of the two other rail systems.
Oh, and remember that Baltimore Sun article we reference at the top of the page? Enjoy DC Inno’s slightly more punchy response.
Vincent Kompany: International Footballer and MBA All-Star
When it comes to soccer (err, football) Manchester City captain Vincent Kompany is one of the most widely known centre backs in the world. The Belgian international joined City way back in 2006 and went on to lead his club to victory, helping bring the team its first Premier League title in over four decades in 2012, and then again in 2014.
