The Quantic Student Experience

Wondering what it’s like to be a Quantic student? To start, Quantic’s award-winning active-learning platform is much more than an app. As a student, you’ll engage with a global network of highly driven professionals who are leaders in their respective fields. You’ll have opportunities to discuss coursework and case studies and share perspectives with classmates virtually and in person at meetups and Executive MBA conferences held around the world. 

In addition to collaborating with classmates, Quantic students can take advantage of a variety of resources to help further their learning and prepare them with the skills needed to excel in today’s business world. The library includes membership to paid databases and you’ll have lifelong access to all courses — including those that have yet to be added to the curriculum so you’ll always be equipped with the latest in-demand skill sets. 

Quantic is committed to helping students reach their goals post graduation, too. To support you, Quantic has an in-house research advisor who can help guide your studies and make sure you’re getting the most out of your experience. And our resume and cover letter consultations ensure you’re putting your best foot forward with future career moves. Also, you’ll have access to exciting job opportunities through our built-in career network, Smartly Talent

Interested in the #ModernMBA? See what the Quantic experience is all about.

Online MBA vs Traditional; Pros, Cons, Employer Outlook

An MBA will change your career—and your life—for the better. 

You can leverage it to achieve promotions, a wealth of new job opportunities, a paradigm-shifting career change, or an increase in salary. For others, an MBA is a springboard for their entrepreneurial efforts.

But choosing the right one is key.

There are a lot of options. Sifting through them is overwhelming. Especially as exciting new options emerge.

The most exciting new option is a fully Online MBA. 

While an online MBA often sounds attractive to students in our increasingly flexible, digital-first, and remote-friendly workplace, many business professionals wonder if it’s a smart choice. 

Will potential employers take my online degree seriously?

Do traditional MBA’s actually offer more networking opportunities?

We’ll clear up some common myths and misconceptions in this article. 

To help you decide between a brick-and-mortar business school and an online MBA, we’ll go through some of the main differences between the two. From cost comparisons and admissions requirements to employers’ opinions of each one. 

We will also introduce you to Quantic’s innovative online MBA program and online Executive MBA program. More specifically, how they overcome any concerns you may currently have.

Online MBA vs Traditional (On Campus) MBA – What’s the difference?

When it comes to an MBA program, many potential graduate business students think of a traditional, on-campus MBA at a brick-and-mortar school. There are over 1,000 MBA programs in the United States. Some are full-time, while others are part-time, often offering classes on nights and weekends.

But, just like the world of business itself, MBA programs are changing rapidly. There are now over 330 online MBAs offered in the U.S. Many of these programs are affiliated with long-standing, top-tier business schools, while others are completely digital degrees that approach online learning in a variety of ways — some more effective than others. 

There is a clear trend towards online learning. Applications for campus based MBA’s over the last two years fell. While demand is growing for online programs. 

No one knows if this trend will continue. But we do know that we live in an unstable world. One that has already become more digitized after CoVid-19. There are now more remote workers than ever before. MBA’s may continue to follow suit.

Despite their differences there is one big similarity.

All accredited programs are rigorous and intellectually demanding. Period.

Both tend to have similar educational requirements and similar coursework. 

Quantic’s online MBA program, for example, includes courses in accounting, finance, leadership, marketing, supply chain and operations, data analysis and decision-making, strategy and innovation, economics, and entrepreneurship. 

Meanwhile, Quantic’s online executive MBA (EMBA) program adds additional coursework in operations management, corporate strategy and other areas of study that help working, mid-career professionals level up their leadership skills. These curriculum paths are comparable to those you’ll see at any top-tier business program, whether online or on-campus. 

Ok – now that’s out of the way, let’s dive into some pros and cons…

Online MBA Pros and Cons

As a business professional, you already know the best way to make a tough decision is through a cost-benefit analysis. So let’s examine the pros and cons of getting an online MBA vs. those of an on-campus master’s in business administration degree. 

Online MBA Pros

The biggest reason that many students choose an online MBA is flexibility. Unlike traditional MBA programs, whether full- or part-time, most online graduate business degrees allow you to work on your own time, from anywhere. While some classes may be synchronous, most online MBAs are incredibly flexible. 

This learning environment is ideal for working professionals who don’t want to quit their already lucrative jobs or satisfying careers to bolster their education. It’s also perfect for students with other family responsibilities and obligations, such as spouses and kids.

If you’re an especially ambitious, self-motivated person, you’ll also appreciate the efficiency of an online MBA program. 

Most traditional full-time MBA programs take around two years to complete, while part-time MBA programs take around four years. By contrast, online MBA programs tend to be shorter, ranging from a year to 18 months in many cases. Quantic’s MBA is just 10 months and the EMBA takes 12 months to complete. 

Online MBA programs also tend to be more technology-driven, which in turn can help you develop your own technical acumen and understanding of the digital marketplace. 

For example, Quantic’s interactive software offers interactive feedback every eight seconds and allows you to work at your own pace in a mobile-first online environment. This fluid-yet-structured approach to learning customizes your educational experience as you go along. 

Online MBA Disadvantages

One disadvantage of an online MBA program is a lack of in-person community and connection. Students often benefit from in-person conversations with peers and instructors, whether in terms of academic collaboration or socializing. 

Another common objection to an online MBA is a smaller pool of networking contacts. Most brick-and-mortar graduate business programs offer happy hour networking events, Q&As, and career fairs throughout the year. Many potential online business students worry they might miss out on these crucial opportunities to launch their careers and expand their professional circles.

Quantic’s online MBA addresses this common problem proactively in three ways.

  1. Online network and collaboration 

Students connect with peers around the world via our interactive network. Ambitious, driven people from 80 countries and counting…

You and your cohorts will move along your curriculum sequence together, actively collaborating on group projects, case studies, and assignments as you go.

  1. Offline Events

“Extracurriculars” and social events are also available in Quantic’s MBA. Virtual and in-person meetups, both online and around the world, will allow you to rub shoulders with your classmates, instructors, and established alumni students. 

The Executive MBA also offers multiple weekend-long conferences held in cities around the world. These conferences provide opportunities for students to meet face-to-face with peers during workshops, case studies, and meetings with local business leaders. Recent conferences were held in Washington, DC, Dublin, and Singapore. 

Here’s what one looks like…

  1. Career Network

You get access to a built-in Career Network. Top-tier employers use it to recruit our students and alumni. It serves as a career hub for graduates. MBA grads’ profiles stay active, so employers can browse alumni profiles whether they’re already employed or not. 

Here are a few of the companies our grads work at…

Traditional On-Campus MBA Pros

Traditional on-campus MBA programs often appeal to students who need or want a little more structure and hands-on guidance. Students just out of an undergraduate business program, for example, might prefer the additional in-person attention offered by a brick-and-mortar school, as well as the familiar daily routine of face-to-face classes. 

Brick-and-mortar business schools also have the opportunity to offer more bells and whistles when it comes to activities, facilities, and clubs. If you love the idea of getting together with your cohorts every week for dinner, for example, or catching up with your colleagues at the on-campus gym, the community of an on-campus environment might be more your style when selecting an MBA program. 

Traditional On-Campus MBA Disadvantages

Of course, the most significant disadvantage of on-campus MBA programs is the lack of flexibility. 

If you have a family at home, existing business obligations, or a burgeoning career, it can be difficult to justify starting a full-time MBA program. Even part-time MBA programs can be draining, as you’ll have to work your schedule around theirs (not the other way around) and possibly take on a frustrating commute.

On-campus MBA programs often also lack the cultural and demographic diversity of online programs. On-campus MBA students tend to be younger on average, for example, and there aren’t as many international students at any given on-campus program. 

Working alongside and learning from diverse colleagues can help you build your cultural competency, leadership, and collaboration skills. It can also position you to take on an increasingly global marketplace with more confidence and finesse.

Online MBA vs Traditional MBA Comparison (table)

Now, let’s get down to the nitty-gritty details of how an on-campus MBA program differs from an online MBA with a point-by-point comparison of typical student demographics, average tuition cost, average salary growth after graduation, and more. 

Online
MBA
Other Top Programs

Traditional
MBA
Other Top Programs
Quantic 
Programs
Sources
Avg Age on Entry332730 US NEWS
Avg Years Work Experience844 US NEWS
Avg Cost$23,918 average cost at a regionally accredited university
— $36,166 average cost at AACSB online business schools
— $11,972 average cost at nationally accredited online business schools
vary between programs, but roughly the same as onlineMBA: Free
EMBA: $9,600
GETEDUCATED.COM
Princeton
Review
Avg Time to Complete1-2 years1-3 years1 yearPRINCETON REVIEW
Avg Salary Growth22%23%US NEWS
% Requiring GMAT/GRE Score54.6%94%US NEWS

Cost

Online and traditional MBA programs vary widely, but usually they are broadly comparable. A nationally accredited online business school usually costs around $11,972 per year, while AACSB online business schools cost around $36,166 in annual tuition. 

Due to Quantic’s “flipped” tuition model, free online MBA students don’t pay to be recruited by potential employers. Instead, employers pay to recruit them. Meanwhile, Quantic’s executive MBA cost comes in at just $9,600, with employee reimbursement and scholarship options available. 

Completion Time

Traditional MBA programs, as we described earlier, take around two years to complete. Accelerated programs may take 18 months or even a year, while some programs take up to three years. Part-time programs may take four or more years to complete.

Many online programs take slightly less time to complete than on-campus programs, making them a more efficient choice in many cases if you want to get the ball rolling on your business career faster. Quantic’s free online MBA and EMBA programs take 10 and 12 months to complete, respectively. 

Average Salary Growth 

Average salary growth for both traditional and online MBA students varies widely. Still, it’s clear that the available data suggests that online MBA students tend to see a substantial return on their investment. 

Online MBA students report an average of 22% salary increase after graduation (for Quantic it’s 23%).

These salary bumps usually come through a promotion or raise at an existing company, a lateral move to a higher-paying job at the same level, or by taking on a higher position in a new industry. 

Admissions Requirements

One of the main concerns some employers might have about students with an online MBA is that online MBA programs tend to be less selective than traditional ones. 

You might wonder, for example, “Do I need a GMAT for my MBA?” The answer varies by program. Only 54.6% of online graduate business programs require GMAT/GRE scores from applicants. Meanwhile, a whopping 94% of conventional MBA programs require GMAT/GRE scores from their prospective students. 

The requirements for test scores and undergraduate GPAs are also sometimes a little more lax when it comes to online business schools. This contrast can worry some employers, who might think that the lack of selectivity of a school suggests less dedication and rigor in an applicant. 

But Quantic’s free online MBA and its Executive MBA are highly selective, admitting only a small percentage of applicants each year. And around 80% of Quantic’s free online MBA students graduated from top-30 undergraduate institutions (including Harvard, Duke, Stanford, UPenn, to name a few ..).  

In turn, the program’s selectivity translates into higher completion rates, more engaged (and more impressive) colleagues and network contacts, and higher perceived value by employers. 

What do Employers Think of an Online MBA?

Many prospective MBA students think an online MBA sounds like the ideal fit for them in terms of their schedule and learning style. But some worry that employers won’t take an online MBA program seriously. 

Luckily, the available data doesn’t suggest that to be the case. In fact, some employers consider an online MBA to be an asset in that it showcases a student’s independent, autonomous approach to learning and their mastery of technology. 

Kathryn Lee, human resources director for North America at Fiat Chrysler, told Seb Murray at the Financial Times in 2018 that most employers now considered online MBA students to be just as competitive as traditional students. 

“Online MBA students are equally as competitive as those attending classes on campus” 

Lee added that online students’ drive to succeed and excellent time management skills illustrated their ambitious nature and commitment. “They display qualities that are important in people we hire — a strong work ethic, project management and critical thinking skills,” she said of online MBA grads in the same interview. 

According to Jordan Friedman at U.S. News and World Report, many employers think far more about an online business school’s coursework, reputation, and opportunities for student-faculty interaction than about the format in which classes are delivered. That’s why it’s so crucial to ensure the MBA program you choose has ample opportunities for networking, collaboration, and interactive learning.

Many employers who have recruited MBA grads through Quantic’s Career Network see an online MBA from a reputable school as proof an applicant is creative, adaptive, and flexible. 

Greg Buechler, a talent acquisition specialist, shared his thoughts about the value of Quantic’s MBA for employers.

“Quantic has allowed us to hire executive talent from around the world in the shortest time I have ever experienced in my 30 years of recruiting,” he said. “I am almost unwilling to share this gem of a tool!” 

Overall, the higher salaries enjoyed by online MBA grads and the growing demand for online business schools indicates that there’s no shortage of employers who view online business degrees favorably. According to Jonathan Moules at the Financial Times, online business school growth is far outpacing that of traditional MBA programs. As the workplace becomes increasingly digital, higher education in business administration is following suit. 

Summary – Which Degree for Your Career Growth?

Both traditional and online MBA programs can expand your career opportunities substantially. In addition to providing you with the critical thinking skills and key knowledge you’ll need to move up in your existing business career or launch a new one, an MBA program can bolster your confidence as a leader and widen your network of contacts. 

Traditional MBA programs are sometimes preferable for students who require more structure and guidance. Some traditional graduate business programs offer more on-campus facilities and activities. However, they are not as flexible as most online MBA programs, and they tend to attract younger students with less work experience on average.

Meanwhile, online MBA programs like the ones offered at Quantic are best for self-motivated, independent thinkers who work well at their own pace. They can also benefit students who want to complete a graduate business degree faster, who have family or work obligations they can’t interrupt, or who thrive in a flexible, technology-driven learning environment. 
Interested in learning more about how Quantic’s online MBA program can be a game-changer in your business career? Read on to learn how Quantic’s disruptive approach to learning and global scope helped one student become a Forbes 30 Under 30 recipient.

Leading in Business and Life: Parenting and Earning an MBA without Missing a Beat

South32 Connectivity & Cyber Security Program Manager, Barbara Meyer knew she wanted to earn her MBA. Being a working mom, she needed a program that would fit into her busy schedule. Here is a note on her Quantic experience, why she believes all moms can achieve their professional goals, break down stereotypes, and become rockstar role models for their children:

Moms should feel welcome in MBA programs and not feel held back because child-bearing years and MBA programs coincide. Furthermore, moms should not be left having to choose between a family and furthering a career, through study. Although business schools have been encouraging more women to join master’s programs, they still have not reached gender parity. 

As a single mother of a toddler, I found myself in the middle of this dilemma. I realised that in supporting my daughter’s growth as an independent, strong, educated woman, I needed to be a role model for her. I needed to be the best version of myself and put myself in a position to advance my professional career. The tricky part was how to accomplish this without feeling like I was relinquishing responsibility and missing precious time with my daughter. 

As an IT program and project manager, I often thought that an MBA might provide me with a well rounded business foundation, which might be the next step to advance my career. However, everything I knew about traditional MBA courses seemed to be daunting: excessive cost, fixed on-site lectures or block periods, lengthy course durations, and sacrifices beyond my appetite. This was true until I came across an online invitation to an MBA with Quantic.  

I was hooked. Everything I hoped to have in a MBA course was packaged into the Executive MBA online offering: it was not only flexible, mobile and affordable, but also pedagogically sound and ensured active student participation (the first 11 years of my career were spent as a STEM teacher), a global network of alumni, and best of all, it could be completed in 13 months.  

In the past eight months of studying, I found that the pace and schedule were manageable, while balancing my everyday life. I am very privileged to have flexible working hours and lots of support from my employer, South32. With the mobile application available 24/7, I used every spare five minutes to complete a learning unit. This happened during lunch time, sitting somewhere waiting in a queue, 15 minutes after I woke up or went to bed, and especially the time at night when the little one would wake up and I couldn’t fall back to sleep (don’t all moms know this midnight joy?). Thus far, it has been an enjoyable, highly interesting journey and well worth the effort. Even in this short time, I have been able to incorporate my learning into my day job and have applied some of the principles to make innovative changes.

Were there difficult times? Yes, especially during the time that we were both sick. Are the exams and assignments challenging? Yes, you must put in extra effort during exam week. Is the Quantic staff helpful and supportive? For sure, they know that students are human, life happens, and that there is always a plan to get back on schedule.   

The most pleasantly unexpected experience with my Executive MBA was during one of my exams, as highlighted in an email I wrote:

“I wanted to share with you a precious moment and why I love the format of the Quantic EMBA. I have been working diligently during the hours that my daughter is asleep (because I do not want to impact the little time we have during the day) and thus far, it has worked very well. I try to do most of my exams early in the morning, before she wakes up. At 5:15am, I settled in behind my machine, ready to take on the Operations and Project Management exam. Instead of her waking up as normal around 7am, she woke at 5:30am. Needless to say, I had a curious, happy-to-be-alive, wanting-to-be-with-mommy, toddler. I almost had a panic attack but decided to make the most of the situation.

As she played, I finished my exam through all the questions, requests and played along. The picture says it all. Although it took a little longer, the end result was a whopping 93% and a very happy little girl. I can’t think of a better result :-).

I hope that it can be an encouragement to more mothers out there; it is possible to complete the Quantic EMBA, tend to your family and work full-time. Thank you again Quantic for enabling continuous studies and making it possible to have fun doing it.”

It is my hope that more women will join the increasing network of MBA alumni. Quantic has gone the extra mile to make moms feel welcome in the Executive MBA program. Quantic has designed their Executive MBA program in such a way that a mom is not trapped in the compromises of choosing between career advancement, further studies and raising a family. Moms, let’s go forth to equip ourselves for professional success, model an example for our children, and help to break down barriers and stereotypes with an Executive MBA.


EMBA vs MBA: The Best Degree for Your Growth

There are hundreds of business degree programs offered globally. Navigating the business school landscape is challenging. There are tons of options.

This article will put you on the right path. 

At Quantic School of Business and Technology, we understand how big this decision is. After all, picking the right MBA or Executive MBA will propel your career forward

To help equip you with the information you need to make an informed decision, we’ve developed  a program comparison guide. 

Use it as a tool to determine which program is best suited to your unique situation and desired career outcomes. 

MBA Programs

MBA (Master of Business Administration) programs are most commonly suited to those with less work experience — often, those who have recently graduated. These are people who require more introductory courses in business administration. 

Therefore, MBA candidates are commonly required to maintain a heavier workload and a more demanding schedule during their full-time studies. 

By working on a full-time schedule, MBA programs tend to offer more freedom within the denser school schedule. For instance, selecting electives or choosing a subject specialization or “track.” (Although this is not entirely uncharacteristic of Executive MBA programs, it’s rarer.)

EMBA Programs

Executive MBA (Executive Master of Business Administration) programs are developed with working professionals in mind. Those who want to keep working full time, while advancing their skills.

Some schools offer specializations in industries like healthcare and technology; the Quantic Executive MBA’s award-winning curriculum offers elective specializations in management, leadership, entrepreneurship and advanced strategy.

MBA and EMBA Statistics

A good approach to researching which type of program is right for you is by looking at MBA and Executive MBA programs by the numbers—or in business terms, through a cost-benefit analysis. 

Cost of an MBA vs. an EMBA

Approaching your selection of a program through a financial lens is one of the most common methods of analysis. Pursuing  an MBA or Executive MBA costs time and money — it’s a commitment that’s worth taking the time to think about in-depth. 

The key lies in determining which type of program is best suited for where you are in your career, and which stands to be of most benefit to you in terms of career growth. One major difference between Executive MBA and MBA programs is the format of their delivery and associated costs. 

Executive MBA programs often allow students to keep their jobs while pursuing their degree. This means that Executive MBA candidates can bring in a steady income while they study, thus increasing the ROI of their EMBA degree by reducing its overall cost. 

MBA programs, on the other hand, are commonly delivered in a format that requires candidates to take a hiatus from their careers, putting income-earning on hold. They may also require students to incur additional living costs (like room and board), if they have to relocate to pursue the degree. 

Average Age

Executive MBA programs typically attract more experienced professionals (with the average EMBA applicant age being 38), with greater work experience. They have competitive résumés and are poised to move into more senior leadership roles with their current employer, change industries, or perhaps, branch out on their own to start a new company. 

MBA applicants, by contrast, tend to be younger (with the average MBA applicant age being 28) and have their applications reviewed on the basis of academic credentials. That said, many programs, including Quantic’s MBA, value unique and sometimes less traditional backgrounds. 

With either program, there are always outliers so one of the most useful ways to determine which program is best for you, is to consider the kind of peers you stand to gain. Will learning alongside those who are just starting out in their careers challenge you? Will you be able to contribute to your cohort in a way that’s valuable and challenges others? These are the types of questions that can help you choose a program that stands to benefit you the most.

Work Experience

Each type of program is delivered with a unique purpose and student needs in mind. 

Executive MBA candidates often compete for admission on the basis of their work experience rather than academic scores. And they are typically required to apply with a minimum of five years’ work experience (though their average work experience is 14 years) and demonstrated managerial or leadership roles. 

MBA applicants, on the other hand, typically compete on their GMAT and academic credentials, as well as their work experience to-date. Quantic’s MBA and Executive MBA, however, do not require students take the GMAT. Both programs require a bachelor’s degree. 

Program Duration

How long an MBA takes to complete depends on the type of program you choose. Executive MBA programs vary in duration (between 18 and 24 months, though some take as few as 13 months, like the Quantic Executive MBA); more traditional MBA programs, by comparison, usually take more time, often requiring 4 semesters of study (following a typical university schedule), amounting to two years total (24 months). 

Some online MBA programs are shorter; for instance, the Quantic MBA takes 13 months to complete. Though, this is not an indication of a lighter curriculum — Quantic’s program length is a direct result of its proprietary pedagogy that uses Active Learning to teach. They’ve done away with time-consuming lectures entirely and deliver content via fast-paced, interactive, and personalized modules. Quantic’s MBA also has the added benefit of a built-in career network, too, so you’re likely to put your skills to use immediately.

Fees

Whether you choose a traditional MBA or Executive MBA program, the cost of tuition, plus any additional expenses, tends to be substantial. 

As per EMBAC’s 2019 Membership Program Survey, the average executive EMBA cost runs at just under $83,000 (US), though higher tuition costs are not uncommon; many ranked MBA and EMBA programs’ tuition can easily exceed $100,000, and the most prestigious business schools can cost double that (upwards of $200,000). 

MBA programs, on the other hand, while costing somewhat less in tuition (on average $60,000), quickly add up in day-to-day living costs that aren’t offset until graduates return to regular employment. 

Company Sponsorship

Another stark contrast between the two program formats is funding. 

It’s far more common for Executive MBA candidates to be funded by their employers, while MBAs are typically self-funded. 

This creates a landscape in which MBA students often have more options for applying for scholarship funding, should they invest their time in this additional research and application process. 

It should be stated, though, that over the years schools have begun  to offer more Executive MBA scholarships in response to a changing trend whereby EMBAs are seeing less employer sponsorship and need to be self-funded. Quantic’s Executive MBA and MBA, already just a fraction of the cost of other programs, offer candidates additional resources for employer-funded tuition sponsorship.

And of course, even for students who are company-funded, conditions may apply, such as requiring that Executive MBA graduates complete a term of employment with the sponsoring company after graduation. Additionally, most require that the school is accredited (Quantic is accredited).

Lifestyle

A student’s lifestyle is heavily influenced by the program they choose to undertake. 

Since Executive MBA candidates tend to have significant and continual work obligations alongside their academic pursuits, course schedules will typically run outside the usual 9-to-5, during what many working professionals consider to be their leisure or personal/family time. This, of course, will also have significant social implications—although course attendance and networking with their newfound community can help fill that social gap. The latter is true for MBA candidates too, who will undoubtedly spend much more time in person with classmates, whether in the classroom, in the library or at networking and MBA events on evenings and weekends.

Because Quantic’s programs are entirely online, it enables both Executive MBA and MBA students to learn on their own schedule, with most students spending between 5-15 hours a week on course work. And with group projects, virtual classrooms for discussion and debate, and optional in-person meet-ups and conferences, there are plenty of opportunities for networking and connecting with fellow peers.

Executive MBA Benefits

Learning Experience

The “E” in EMBA often has prospective students mistaking the EMBA as a more “elite” form of study in comparison to the “more basic” MBA program.

The reality is the two programs are simply designed to suit different kinds of students. They offer different curricula and educational experiences. While much of the core curriculum is shared between the MBA and EMBA, Executive MBAs offer more in the way of advanced courses in C-level management, strategy, and leadership.

MBA programs tend to include more introductory courses for those with less managerial experience with the option to specialize in more focused courses, similar to those seen in an EMBA curriculum. 

Due to constraints on EMBA candidates’ schedules, EMBA programs also offer more classes on the weekends, on some weeknights, and in more condensed formats. 

This results in a program that tends to offer fewer elective options than a typical MBA. However, EMBA cohorts tend to have students from all kinds of backgrounds who bring different experiences, perspectives, and knowledge to the table, which massively enhances the learning experience in its own unique way

Salary Increase?

A Master in Business Administration program offers candidates significant monetary returns upon graduation. 

While salary increases vary by candidate and industry, according to the 2019 Executive MBA Council Survey, EMBA graduates saw an average salary boost of 13.5%. 

While this number is lower compared to MBAs (who by virtue of being younger and earlier in their careers have more to gain in terms of earning potential), the same survey also saw 53% of EMBA candidates reporting that they received more responsibilities, with 40% of those surveyed reporting that they received a promotion during the program. 

There’s no doubt that a degree of either type is well worth pursuing.

Skills Acquired

The skills acquired during study vary by program, depending on the specialties and concentrations  chosen, as well as the type of program. 

The primary skills gained from an EMBA degree are those related to effective leadership, strategy and corporate governance. 

According to the 2019 Executive MBA Council Survey, EMBA graduates reported learning skills that included strategic thinking, decision-making and leadership, in addition to gaining insight into economic factors affecting businesses today, as well as accounting skills and financial acuity. Such skills can help candidates who wish to take their consulting work to the next level, as well as those wanting to move into executive leadership roles and the C-suite within an organization. 

The Quantic School of Business and Technology EMBA prepares students to meet a variety of career aspirations and goals by developing advanced strategy skills, skills in leadership. Watch one student describe their experience here.

Full-Time Job Placement 

The most competitive degrees have gained that reputation by way of the opportunities they afford their graduates, the network and career support. Programs with a strong career network offer candidates avenues to new jobs as well as mentorship opportunities. These are particularly beneficial to students who are hoping to change industry

MBA and Executive MBA Admission Requirements

Because MBA and EMBA programs tend to attract candidates at different stages of their careers, they often differ in their requirements for admission. For instance, most MBA programs require a bachelor’s degree at a minimum. Whereas EMBA programs require more work experience (typically 10 to 15 years).

Since most Executive MBA candidates already have a strong foundation of business experience,, standardized tests like the GMAT (Graduate Management Assessment Test) are less commonly required for admission. 

Conversely, most MBA programs put more emphasis on GMAT scores when reviewing candidates’ eligibility, and, though some programs do waive it, it’s important to know whether you need a GMAT for the MBA as well as the minimum score required to apply. While many Quantic students have taken the GMAT (and scored on par with students at top schools!), it’s not a requirement for admission. 

In the MBA world, application essays are also weighted quite heavily in admissions and some applicants might vie for a spot through more creative approaches (some schools even require video essays). And though most global programs are offered in English, students who aren’t native English speakers are often required to get a minimum score on a standardized language test, such as the TOEFL (Test of English as a Foreign Language). 

In terms of recommendation letters, both the MBA and EMBA programs often require at least one, if not several. For the Executive MBA, where work-life balance is important, candidates are also required to supply written proof that their current employer actually supports their pursuing the degree. This is true for EMBA applicants who are being sponsored by their employer to study, as well as for those who aren’t, because chances are that candidates will have to do some coordinating with their company (including potentially taking some time off) to complete the program. Quantic’s employer-funded tuition reimbursement program makes this conversation easy with a downloadable guide.

Choosing the Right Program for Your Lifestyle Goals 

The delivery format of a business degree can have huge implications for the success of a candidate during their studies as well as beyond graduation.

In-person programs provide the traditional grounding of an academic environment, but this comes at a premium — higher tuition costs, relocation, and putting a budding career on hold to attend full time

Luckily, competitive online programs are on the rise. They are changing the landscape and reducing the barriers to entry.  Some programs even incorporate cutting edge technology into their Learning Management Systems. For some candidates this is a better option. It increases their competitiveness in the job market,but doesn’t involve a massive investment of time and money. . 

Traditional (On-Campus) MBA/EMBA Programs

Residential programs are a suitable choice for students who wish to be more fully immersed in campus culture. 

On-campus programs also offer candidates more opportunities to network and socialize with their cohort, professors, and the wider academic community outside of their structured MBA or EMBA schedule.

Part-Time MBA/EMBA Programs

A part-time program, whether an EMBA or MBA, is best suited to students who wish to continue working while earning their degrees. Coursework for these programs is most often scheduled on weekends and weeknights. Of course, those choosing this option may find they require a high level of discipline, as their “free time” will be largely occupied by coursework. 

Those with children or other personal commitments and responsibilities may have to assess their priorities during their course of study to ensure they stay organized. Quantic’s EMBA and MBA, while they are full-time programs, are mobile-first and self-paced — affording students greater flexibility that enables them to continue working and balancing personal commitments while they earn their degree.

Online MBA/EMBA Programs 

More non-traditional programs, like those delivered online, are gaining popularity, as they offer more flexible schedules and learning environments for the modern student—and with much lower financial barriers. 

By removing overhead costs, these programs can offer a valuable curriculum, experienced faculty, and deep industry expertise at a fraction of the cost of an in-person program. 

By virtue of not being overseen by large regulatory bodies, the curriculum of these programs is often more customized and responsive to the changing needs of industry, and not simply academia. 

For example, Quantic EMBA cohorts follow a guided sequence of coursework especially developed by a team of specialists who collaborate with professors from top elite business schools to bring the program to life. Students are offered bite-size lessons and individualized feedback (every eight seconds!) so that they feel supported throughout the course of their studies, in addition to online and in-person group work and networking opportunities that round out the program.

Today’s business professionals are already seeing the signs of a growing remote workforce, heightened interconnectivity, more collaborative tools, and changing operational structures that are altering how we do business globally. 

More flexible online-first programs can be seen as an extension of these wider trends and can, simply by virtue of their delivery format, offer candidates unique insights into the evolving contexts of work as well as the skills necessary to succeed as leaders in this changing environment.

Summary: Choose the Right Degree for Your Career Growth

Is a particular MBA or EMBA program right for you?

That’s the fundamental question. 

To answer it accurately, you need to look at your own eligibility first and foremost (e.g. career maturity, academic experience and work experience). 

After that… you should evaluate your own ability and desire to commit to it.

If you still want to do one, then the delivery format is important. 

Pick one that works for you. 

Your own learning style, lifestyle habits and personal responsibilities and commitments — these things play a large role in what you get out of whatever format you choose. 

Not everyone is primed for success right out of the gate.

So do your due diligence and learn from those who did it right

That way, you can select the program that will give you the highest chance of success. 

The business degree landscape is full of success stories. 

Will you be next? READ THE CASE STUDY.

Build Your Network with Quantic

There are many reasons why students choose to earn their MBA from Quantic. Quantic offers innovative degree programs that are online and mobile, so students can learn wherever they want. And for many, the highly selective and global nature of Quantic’s admissions is a major draw—all in service of building an impressive and engaged network of students and alumni around the world.

Unlike many online education platforms, Quantic provides its learners with myriad opportunities to meet and connect. Quantic’s Network allows students and alumni from the MBA and EMBA programs to discover students located in their geographic area and who share similar interests. And with the recent addition of the Network Events tab, students can now do more than just communicate on the platform; they can also connect in person.

In the Events tab, students can peruse the many community events Quantic has to offer. These range from in-person conferences, meetups, and special events to online orientations and book clubs, where students discuss the monthly book pick over video chat. Some of the most significant networking opportunities in Quantic’s highly engaged network are the in-person meetups and conferences held in cities around the world.

Quantic meetups allow for students to make real-world connections with their classmates. Meetups range from sharing dinner with one another at local restaurants to a special event such as touring Facebook’s NYC Headquarters. Recent meetup cities include Toronto, Berlin, Taipei, and Sydney. Quantic has hosted meetups in over 40 cities in 2019 alone, including trips to tour the United States Capitol building and London’s Houses of Parliament.

While meetups primarily bring together students and alumni who live in the same city, the weekend-long Executive MBA conferences draw students from (nearly) every continent. Conference itineraries vary from city to city and provide unique opportunities for students to experience and learn about the city they’re in. In 2019, conferences were held in Washington D.C., Singapore, and Dublin, with the next scheduled for Spring of 2020 in Copenhagen.

Conferences provide an excellent opportunity for students to not only network with other students and alumni, but to learn about real world businesses. Students partake in workshops, collaborate on case studies, hear talks from prominent business leaders, and visit successful local businesses to gain new perspectives and insights on how businesses are run across industries and in different countries.

Why does Quantic put so much emphasis on students networking virtually and through conferences and meetups?

According to Alexie Harper, Quantic’s Co-Founder and Chief Academic Officer, “Networking provides students with new career opportunities and allows them to meet the right people who may later provide them with career resources and support when they need it.”

Networking can even be a source of inspiration—presenting different paths of success that others have taken and that you have perhaps overlooked. Particularly in mid-to-senior level management roles and for students embarking upon an entrepreneurial endeavor, networking is a vital component for advancing one’s career, avoiding stagnation, and making the most out of opportunities that arise.

There’s evidence that networking plays a major role in hiring. The chart below from SilkRoad’s 2018 research report on hiring sources shows that referrals were the largest source of job hires by a long shot.

This chart from Statista shows that friends and professional connections provided the most new opportunities for job seekers in 2018.

Through student projects that encourage students to work together to solve business issues, student meetups and events around the world, and the Network tab features, Quantic students are encouraged to build meaningful connections.

So go on. Meet new people, reconnect with old acquaintances, and grow your network. You never know where it could lead.

10 Things You Didn’t Know About Quantic’s Online MBA Program

Let’s face it, earning an MBA can be a big ask. Sure, it can help advance your career and provide the leadership skills and professional network you need to get to the top of your field, but traditional MBA programs often require a two-year hiatus from your job and can include a $200k price tag. This is a tall order for many working professionals in the United States who are already suffocating under the weight of student debt. 

The financial aid debt clock shows a nationwide deficit of almost $1.7 trillion, and we are beginning to hear dire stories about the impacts of student debt on family formation, small business creation, home purchases, and retirement. And in Europe, markets across the EU have been clamoring for MBA grads since 2010 when education requirements were standardized in the Bologna Process. Embarking upon a two-years master’s degree program after earning a bachelor’s has become the “standard across the continent.”

The bottom line: More and more employers want you to earn a master’s degree, but doing so could have a sizable impact on your earnings, livelihood, and even your future family. 

This is where Quantic School of Business and Technology comes in.

Quantic’s online MBA program was developed by leading academic and business minds and designed to accommodate working professionals. It is a fully online program so yes, it is flexible and convenient. But that is not what makes it unique. Check out the 10 things you didn’t know about Quantic’s programs. 

Quantic’s Technological Advantage

1. Executive leaders were key players at Rosetta Stone

Quantic School of Business and Technology brings together the collective knowledge and experience of Rosetta Stone’s former CEO (Tom Adams) and executive leadership team, including Co-founders, Alexie Harper (Chief Academic Officer) and Ori Ratner (CTO), as well as VP of Admissions, Matt Schenck. If you have ever used Rosetta Stone, you know its interactive language-learning technology set the bar for usability and knowledge retention back in the early 2000s.  

What this means for students: Quantic’s leadership pedigree is unmatched in the educational tech space. It is an organization that understands wholeheartedly the tools that best allow students to learn, retain, and master educational material.

2. Active learning increases engagement and retention

Quantic has built a more efficient and engaging online teaching model. The company has witnessed the shortcomings of MOOC programs and the inefficacy of “video professor” lectures that so many traditional universities have used to increase their online presence.

In a recent independent study, Quantic learners outperformed their counterparts from Harvard, Duke, and Wharton in standardized tests covering accounting and finance. A second study comparing Quantic learners to those enrolled in popular MOOCs, Khan Academy and edX, reported Quantic students scoring significantly higher on statistics testing while spending 67 percent less time on the platform. 

How are these results possible? Quantic designed its MBA programs around “active learning,” an approach that requires active participation (vs. passive) of the student, prompting them to engage with content every 8 seconds. Students are given immediate feedback based on their performance and the material is built on previously learned subject matter.

Active learning isn’t a new concept, in fact, it was pioneered by Maria Montessori in early childhood education, Maximillian Berlitz in immersion language learning, and Shinichi Suzuki in music study. Its benefits and efficacy have been exhaustively studied and are proven to be more effective than passive, lecture-based learning alone.

What this means for students: Quantic’s MBA program was created using pioneering learning methods and designed to keep students more engaged, learn subject matter faster, and retain material more efficiently. 

3. Mobile-first means access to cutting-edge material

Quantic School of Business and Technology conceived and built its MBA and Executive MBA programs as mobile-first options from the outset to provide students with a better learning experience that was conducive to their busy schedules. Of course, it is convenient to be able to take classes via your mobile devices, but the mobile-first approach also provides an academic advantage.

Quantic’s agile platform allows for rapid development of new, cutting-edge courses in innovative fields, while traditional MBA programs typically develop curriculum in emerging fields at a slower pace due to bureaucratic and logistical hurdles. This sluggishness to adapt is why some have argued that traditional schools are teaching skills more apt for 20th century businesses than today’s. On the other hand, Quantic recently began developing a computer science degree program as well as courses on blockchain, cultural intelligence, and design thinking. What’s more? Graduates have lifetime access to all existing courses and new courses as they’re released.

What this means for students: Quantic’s mobile-first, tech-driven approach enables it to quickly adapt to offer courses in emerging fields so you are always at the forefront of today’s business and tech environment.   

Quantic School of Business and Technology Accepts Only the Most Committed Learners 

4. Ultra-competitive admissions cultivates a powerful student and alumni network

Quantic accepts only about 7 percent of applicants to its online MBA program. Its philosophy is to attract the best and brightest business minds and give them the tools they need to build a better world through intelligent and modern business practices.  

Many online educators have admissions policies that are designed to attract everyone and while they may be well intentioned, open or lax admissions policies ultimately hurt the students enrolling in the program, as evidenced by plummeting graduation rates and poor outcomes. Quantic is built differently. Its aim is to provide students access to an ecosystem of the world’s leading professionals and cultivate an environment where students can connect, collaborate, and solve complex business problems. The goal is for each student feel part of a tight-knit community of learners who help motivate, challenge and learn from one another.

Quantic counts among its students roboticists for Tesla and Amazon, a tea magnate who donates revenue to indigenous farmers, a bio-tech CEO, four students named to Forbes Magazine’s “30 Under 30” list, and even an accomplished Iditarod musher / entrepreneur.

What this means for students: Strict admissions standards ensure that students admitted to the program are deeply committed to their studies, capable of completing and excelling in the coursework, and can bring valuable contributions to their cohort.

5. Students Graduate in About a Year

Quantic’s degree programs are fully online and designed to give working professionals the skills and experience they need to achieve their goals and advance their careers. Both the MBA and Executive MBA take about 13 months.

The secret to Quantic’s reduced time to graduation is twofold: First, the active learning model makes coursework not only more enjoyable, but it’s more effective and faster than passively absorbing information via lecture. Thus, students learn more, quicker. Second, Quantic only accepts students that are truly driven and committed to deepening their skill set. 

What this means for students: Do not mistake a reduced time to completion for a pushover program. Quantic’s MBA and Executive MBA are extremely competitive and students need to demonstrate they are committed to the coursework, comfortable with a rigorous academic program, and dedicated to achieving their goals. 

Quantic Prioritizes Network Building & Job Placement

6. ‘Network First’ approach prioritizes collaboration with peers

Early on, the founders of Quantic School of Business and Technology identified a glaring omission in how many online educators ran their programs. Unlike traditional, residential programs with deep, connected alumni groups, there was no network or peer interaction to speak of – students learned in isolation and graduated in a silo. Quantic is different, as it is a “network first” business school, which means, like traditional programs, Quantic students are provided myriad opportunities to interact with their peers and classmates, online and face-to-face. Frequent interaction and peer-to-peer learning among students is the norm, not the exception. And for the Executive MBA, a valuable addition to the curriculum comes in the form of weekend-long conferences filled with workshops, case studies, and opportunities to interact with leading business executives. 

Quantic’s learning platform enables students to discuss course material, debate points of view, and collaborate on group projects in real-time or in staggered sessions. But its commitment to network building doesn’t end on the computer screen. 

In 2019, Quantic hosted more than 60 regional events in 36 cities across the world, including San Francisco, London, Lagos, Perth, Taipei, Vienna, and Sydney. Moreover, it hosted weekend conferences in Dublin, Singapore, and Washington D.C. And in 2020, the program quickly scaled COVID-safe virtual events and summits, connecting students around the globe.

Executive MBA students in attendance at the Singapore weekend conference.

What this means for students: If you thought Quantic would be another anonymous MOOC program that you can pop in and out of at your leisure, think again. You’ll be given opportunities to experience the world and interact with leading business professionals. But, you are responsible for your own success and will be held accountable by your cohort in group projects. 

7. The first online institution to tie its business model to job placement 

Most online educators spend very little time building hiring platforms or scaling career services because, frankly, low admissions standards tend to lead to high program abandonment and low graduation rates. Those online educators have little incentive for placing students because there is no revenue attached to those efforts. 

Quantic has tied its business reputation and financial viability to strategically placing students in promising careers. Smartly Talent, Quantic’s proprietary hiring engine, requires businesses to pay to recruit Quantic students. It is a structure that shifts tuition and the job-hunting burdens of cost, time, and stress from the student to the employer. 

Smartly Talent is also highly selective and requires employers to apply to access its network of students. Employers are only granted access to the platform if they can demonstrate the ability to provide high-quality placement opportunities for students and alumni.

What this means for students: Nobody is going to gift you an MBA at Quantic but their success depends on your success. If you can commit to the curriculum and coursework, they will do everything they can to ensure you are prepared to take on new challenges in your current role, or help place you in a new career that is right for you.   

8. Active outplacement provides opportunities near and far 

Both employers and students have fully bought into the effectiveness of partnering via the Smartly Talent platform. Students are actively browsing job opportunities, communicating with employers, and frequently returning to find newly posted jobs.

While the network of employers continues to grow, more than 2,200 have applied for access to the Smartly Talent platform. And those that have been approved and are consistently posting jobs. Most employers are based in the U.S. but around 1,500 positions have been posted in 38 other countries, including Germany, the United Kingdom, Singapore, Australia, Hong Kong, and the Netherlands.

What this means for students: Earning an MBA is about learning the business principles that will help you become a leader in your field and allow you to take advantage of high-profile opportunities when they arise. Quantic’s talent platform is tailor-made to partner ambitious students with opportunities that will help them shine. 

Quantic Offers Two Affordable Paths to an MBA (And Ways to Further Decrease Cost to Students)

9. The MBA 

The MBA is aimed at early-career professionals who show an aptitude for business leadership. It is true rival to elite traditional MBAs and includes specialized coursework, group projects, proctored presentations, one-on-one faculty consultations, library and database resources, and virtual and in-person events. The program requires a bachelor’s degree, a minimum of two years of industry experience, and English language proficiency. This program values but does not require business experience.

10. Executive MBA

The Executive MBA is suited for experienced professionals with more than seven years of industry experience who want to enhance their leadership skills. Students can specialize in management, entrepreneurship, or advanced business strategy. And like the MBA, offers opportunities to connect with peers via group projects, events, meet-ups and more. Additionally, Executive MBA students embark upon the Capstone project – a year-long project where they’ll build a business plan from scratch, culminating with a pitch to Quantic faculty. A few students have even launched their Capstones after graduation.

Both programs awards merit and need-based scholarships on a case-by-case basis and Quantic works with students’ employers to provide tuition reimbursement to further help cover the cost.   

What this means for students: Starting a new life or building a new career does not have to come with a mountain of new debt. If you are willing to work hard, stay focused, and take advantage of the programs available to you, a debt-free, top-tier MBA is within your reach. 

The Big Takeaway

If you’re among the tens of thousands of prospective MBA or Executive MBA students out there weighing your options and asking yourself if an online MBA is worth it, don’t worry, we get it. It’s a big decision and one that shouldn’t be taken lightly. 

If you can afford to take two years off from work, add up to $200k (or more) to your debt load, and relocate to the city in which a top-notch residential program is located, you should do it, you won’t be alone. Thousands of other people make that same decision every year. 

But, if you’re not willing to take on that kind of shakeup in your life and still want a top-tier MBA, keep a few things in mind. Quantic’s online MBA program is changing the landscape of higher education. Its curriculum is created by leading academic and business professionals and its teaching methods are rooted in a pedagogy that is proven to be more effective across cultures and throughout history. 

Earning a degree from the Quantic School of Business and Technology also makes financial sense. Its partnership with employers subsidizes the cost of tuition for students and has built its business model around ensuring students find high-profile opportunities. 

Is an online MBA worth it? We think so. Set up an account to apply to one of our MBA programs or sample a few free courses.

Quantic Alumni Network is Live!

Today, we’re proud to introduce Network, a new feature of the Quantic platform built to connect students and alumni around the world.

Today, we’re proud to introduce Network, a new feature of the Quantic platform built to connect Quantic students and alumni around the world. Network is exclusively available to current students and alumni of the Quantic MBA and Executive MBA programs, and we’ve made a special preview available to prospective students.

With Network, students can explore a global map of students and alumni, search by industry and interests, and contact peers safely and easily.

We created Network to enable students to forge real-world connections and discover inspiring peers in the Quantic community. Quantic students work in today’s most exciting industries and at top companies, giving them access to an impressive ecosystem of experienced professionals.

If you’re an aspiring Quantic student, you can sign up for a Quantic account at https://quantic.mba and access a preview. We’re excited to hear your reactions to Network!

Meet Linda, one of Quantic’s experts in probability and statistics

Who says statistics isn’t exciting? Through fun scenarios and images, like the above from Quantic’s Advanced Statistics Inference course, Linda Richard is helping to re-brand statistics for thousands of learners! Linda, one of Quantic’s content creators in the field of probability and statistics, has a background in business and education and currently resides in the Netherlands. She believes that statistics is an important subject to understand because it touches so many disciplines including business, medicine, and foreign policy.

In this post, we catch up with Linda to learn what she’s working on and why she decided to join Quantic.

1. What’s your name, and where are you based?

Linda Richard.

Currently I live in the Netherlands due to my husband’s work. Before that, I lived in Seattle, and before that, New York, North Carolina, and Minnesota!

2. How long have you been writing for Quantic?

About 2 years.

3. What’s your professional and educational background?

I have a Bachelor’s in Math, a Master’s in Operations Research (a field of applied math), and a Master’s in Teaching. I worked in business for almost 10 years before changing careers to teaching. Then I taught high school math in Seattle for 6 years before moving abroad. I keep my fingers in the public education sphere through projects with Washington State and other high school curriculum organizations.

4. How and why did you start writing for Quantic?

When we moved to Europe, I wanted to find work that would allow flexible hours for traveling and other fun living-abroad-activities, but still be part of the education world. Pedago was looking for math content developers, which was right in my wheelhouse.

5. What are some of the courses and subjects that you’ve written about in Quantic?

I’ve written lots of statistics and probability lessons, as well as Excel lessons. Recently I’ve started writing lessons on coding with Python, which is a whole ‘nother challenge!

6. Why do you think it’s important for students to understand statistics?

Statistics is probably the most important field of math that most people will interact with after they finish their schooling. Statistics are used to make decisions on health, education, foreign policy, and of course in business. Stats can so easily be mis-used, intentionally or not, so having a solid knowledge base to question and understand this topic is really critical for workers and citizens.

7. What’s the hardest concept you’ve had to communicate (so far), and what was it like to try and distill it for the Quantic platform?

The probability concepts of Bayes’ Rule and the Law of Total Probability were challenging to communicate. Visual illustrations, concrete real-world examples, and spending prep time building up learners’ intuition on these concepts were the strategies. We focused on conceptual understanding rather than on formula memorization – a formula can always be looked up, but if the foundational understanding isn’t there, no formula can help you! The Law of Total Probability, for example, looks like a fairly incomprehensible, complicated formula at first glance, but it’s really just a weighted average.

8. What do you admire about Quantic learners?

With people’s busy lives, it can be hard to find the motivation and the time to take on education projects. People taking Quantic classes are doing so on their own initiative, to advance their learning and their careers.

9. What do you do to keep your learners in mind?

With my background in teaching, I’ve learned how to monitor my own thinking. When you’re teaching content that you know well, you have to be alert for concepts that seem “obvious,” but only feel that way because you’ve been working with them for a long time. Especially in math–there are a lot of embedded concepts that need to be carefully unpacked for people unfamiliar with the topics.

I also try to incorporate visuals and concrete examples wherever possible, knowing that people have different learning styles. The interactive nature of the Quantic platform of course helps with this too!

10. What’s one of your favorite storylines (or characters) used in one of your courses in Quantic?

For the Advanced Statistical Inference courses, we created a fictional winter sports equipment company. It allowed a lot of room for examples with testing equipment, sampling customer preferences, and analyzing market schemes. Plus, my editor, Ellie, found great images with gorgeous snow-covered mountains, and we were able to have some fun putting our characters in situations involving competitive snowball tournaments!

11. What’s your favorite whimsical or snarky answer message you’ve written in Quantic?

Definitely it’s the Monty Python references in the Python lessons. Some are obvious but some are hidden a bit more deeply! Spam and eggs; hovercrafts full of eels; dead parrots; the possibilities are endless.

12. What’s one of your favorite images used in one of your courses in Quantic?

Two come to mind from the Advanced Statistical Inference course. In this capstone lesson, the scenario is that all the experts on statistics at a company, except for the learner, are out of the office with the flu. All the junior analysts are panicked and looking for help. My editor, Ellie, found/created images which put a smile on my face and hopefully the learner’s too!

The Quantic Master Plan: Elite to Open, and Everything in Between

We want to prove to the world that education can be effective and successful when free and online.

Smartly has the overarching mission to innovate in education, and in that spirit we recently launched a free online MBA degree. From time to time, people ask us: “Why are you starting with an ‘elite’ degree? Why be selective when you could open up the opportunity to those who have difficulty accessing education?” We do strongly believe in democratizing education, and this is a question we’ve thought about deeply.

We just can’t help but borrow a page from Elon Musk and Tesla here. Musk spelled out the playbook of starting with the powerful Roadster sports car to show the world that electric cars could actually rival high-end gasoline cars, and then scaling the business, working his way down the marginal cost curve and building more and more affordable cars.

We were inspired by the idea of proving a disruptive approach at the top and working step-by-step to spread the benefits to everyone. We want to prove to the world that education can be effective and successful when free and online. In that spirit, the MBA is our flagship program to demonstrate the power of Smartly to rival some of the best educational institutions in the world. We restricted the first cohort of our MBA program to students similar to those one would find at top brick & mortar programs to show parity in student outcomes. Keep in mind that we are doing this while offering the MBA for free! We are proving the disruptive power of Smartly at the top, all the while adding programs for more and more audiences, including programs that are open as well as free.

While our pedagogical plan is to branch deeper and deeper into additional degrees, certifications, and courses, we’re also going to continue innovating how education is funded. We are soon launching a hiring engine that pushes the cost of education to the companies hiring newly-skilled graduates. Beginning with our MBA students, companies can browse and hire top business talent, and the recruiting fees these companies pay fund the MBA program. Our interests are aligned with those of our graduates: we are only paid when they are achieving successful outcomes, and not with an upfront tuition. This benefits all parties: the student, the employers, and the government guaranteeing these loans (just maybe not the banks). As we add additional programs, we will continue to innovate different models of funding education with the belief that it can be free, open, and online. Smartly is not just another online university, but a whole new approach to education.

Making Quantic Available for Everyone

First and foremost, we want to uphold our mission to expand access to low-cost education. Not just “education” but superior education.

 

Since Smartly’s launch in the summer of 2015, we’ve helped thousands of people around the world bolster their business knowhow, quickly and easily.  In total, our learners have solved 960,000 lesson challenges, taken 62,000 lessons, and given Smartly lessons an overall 96% approval rating! Across the board—from the incoming MBA student in Fontainebleau to the junior analyst in San Francisco to the stay-at-home parent in Bangalore—our students have let us know that they love Smartly’s fast technology; fun, quality courses; and quirky tone to help them get closer to their goals.

That’s why we’re happy to announce that over the past few weeks Smartly has phased out our subscription services—we’re now completely free. We’ve come to the conclusion that first and foremost, we want to uphold our mission to expand access to low-cost education. Not just “education” but superior education. We’ve broken the mold in edtech by creating bite-sized, interactive courses and will continue to revolutionize by making quality education available for free. We want to be completely different in a good way (you could say we’re pretty hipster). In addition, many of our users around the world don’t have debit or credit card numbers, and we want as many people as possible to have the chance to learn effectively.

Naturally, people might wonder how we plan to keep Smartly running without subscription fees. We have an exciting solution in store that will help you reach your career goals even faster than through coursework alone—we’re currently exploring ways that companies that you dream of working with can connect with you.

If you’ve enjoyed using Smartly thus far, please recommend the new Smartly to someone who you think would find it useful. If you haven’t tried Smartly yet… try it! Start learning how to be a better manager, how to run A/B tests, how your company’s accounting works, and more in the next 60 seconds. We hope you enjoy the changes to Smartly, and we look forward to your feedback. Come and join the education revolution!

— Tom, Alexie, Ori & the rest of the Smartly team