Quantic’s Weekly Roundup is a satisfying mix of the latest breaking news, business, STEM and social science stories. Here are your headlines for this week:
Home sweet home: As people continue to self-quarantine during the coronavirus, there will be both short-term and long-term impacts for consumers and businesses. New behaviors are changing the way we view remote work, educational support, grocery shopping and even how we stream media. Some businesses and industries are seeing a boost from COVID-19 and this could remain even after the pandemic.
Solutions in orbit: A German manufacturer, OHB-System, will begin construction of a satellite network to monitor greenhouse gas across the globe. This will help nations assess the scale of their own emissions. The satellites will build a global map every five days. The company plans to launch the spacecraft in 2025 and gain carbon dioxide reports by 2028.
Come to my Window: With most people putting travel plans on hold for the indefinite future due to the coronavirus pandemic, it’s understandable if you’re feeling a bit of wanderlust. If you’re sick of gazing out of your own windows, you’ll want to check out Window Swap, a website that serves up random video window views from all over the world.
Fountain of Youth: An AI startup, Gero, raised $2.2M in a series A funding to create a drug that slows down the aging process. The startup will use the new funds to further develop its AI platform for analyzing clinical and genetic data to identify treatments for chronic aging-related diseases, mental disorders, and slow down aging with experimental therapies.
The innovative, sustainable, and clean-lined architectural designs of Executive MBA Student, StephenKredell, have won countless awards. This year, he received global recognition when McLeod Kredell Architects was selected by Architectural Record as one of the top ten worldwide Design Vanguard firms.
Quantic’s Weekly Roundup is a satisfying mix of the latest breaking news, business, STEM and social science stories. Here are your headlines for this week:
These are the droids we’ve been looking for: Heathrow Airport is now using disinfection robots to keep the airport safe and clean from the coronavirus. The robots, previously used in hospitals, use ultraviolet (UV-C) light to kill viruses on high risk touchpoints like bathrooms and escalators.
Check out how current Executive MBA Student, Shane Gray, is helping #ChangeTheCourse by co-founding United-UVC, a company that provides businesses with UV-C light sanitation services to effectively destroy the DNA of COVID-19.
Wipes and sprays and gels, oh my: Skincare is a multi-billion dollar industry and since the COVID-19 pandemic took hold, soap and hand sanitizers have been essential in battling the virus’ spread. But could too much of an emphasis on sterility and purity come at a cost to our skin’s microbiome? Read on to get the dirt on soap.
Can’t touch this: From beaches, restaurants, to hotels, touchless technology, like QR codes, has drastically increased over the past months. Reservation apps, concierge bots and health kiosk screenings are just some of the digital additions the hospitality industry is implementing.
They won’t be sitting in a tin can: Virgin Galactic, part of Richard Branson’s Virgin Group, has revealed the final, sleek design for the interior cabin of its VSS Unity spacecraft. The cabin is designed to carry six passengers and has luxury top-of-mind
Tracey Mullen, has been promoted to CEO at Abveris, a leader in contract research antibody discovery. Abveris Co-founder, Garren Hilow, voluntarily stepped down because he knew Tracey’s elite science background would make her the perfect company leader, while continuing to navigate the next generation of antibody therapeutics.
Quantic’s Weekly Roundup is a satisfying mix of the latest breaking news, business, STEM and social science stories. Here are your headlines for this week:
Taking Care of Business: COVID-19 has sparked a retail transformation in the UK, with more than 85,000 businesses launching online stores, according to new research from Growth Intelligence. Among the industries seeing the biggest transformation have been pharmacies, farms, fisheries and industrial food production companies.
Mask and you shall receive: Having trouble unlocking your phone with Face I.D. while wearing a mask? Creative New face coverings created by a San Francisco-based designer will remedy current challenges with facial recognition software. How? The company puts the “face” in face mask by customizing them to include the bottom half of the customer’s head.
What came first: the 3D-printed chicken or the egg? KFC is trying to create the world’s first laboratory-produced chicken nuggets, part of its “restaurant of the future” concept, the company announced. The chicken restaurant chain will work with Russian company, 3D Bioprinting Solutions, to develop bioprinting technology that will “print” chicken meat, using chicken cells and plant material.
Remote work has skyrocketed during the pandemic. Managers and executives around the world have been forced to adapt in order to lead their teams. Business leaders are calling for a significant public investment in programs that can upgrade the skills and training of American workers. Want to learn more about what Quantic students are saying about remote work and leadership during COVID-19? Read our survey results from more than 450 managers, executives and professionals.
MBA Student, Matthew Young, MD, Esq., has already achieved national recognition in the fields of patient safety and healthcare quality. He is now making a career transition to be one of the trial lawyers at Ross Feller Casey, LLP, where he will represent patients and families who have been harmed by the healthcare system, a cause extremely close to his heart.
Quantic’s Weekly Roundup is a satisfying mix of the latest breaking news, business, STEM and social science stories. Here are your headlines for this week:
The times they are a-changin’: In the era of COVID-19 where remote work is becoming the new normal, will major tech and finance hubs like London still be able to attract tech unicorns? Long-term, startups may be expected to grow and operate outside of established tech hubs.
Are you not entertained? Elon Musk’s Boring Company is calling on interested folks to build a tunneling machine that’s quicker and more efficient than current designs. Musk will launch his “Not-a-Boring Competition” in spring 2021. Everyone from businesses and engineers, to students and hobbyists are invited to get involved.
Singapore is planning to research and develop carbon capture, use and storage (CCUS) technology to reduce the climate impact from some of its most carbon-intensive industries. Companies including oil giant Chevron and concrete producer Pan-United are joining forces to develop technology that will prevent emissions from entering the atmosphere and could be ready within five to ten years.
One giant leap for artificial intelligence: NASA unveiled its next-generation space suit that will be worn by astronauts when they return to the moon in 2024. AI will help handle communications, oxygen supply, and temperature regulation, so that astronauts can focus on important tasks like building launch pads.
Codename Gryphon: Shares of Twitter closed 7.34% higher Wednesday after the company posted a job listing saying it was building a subscription platform under the code name “Gryphon.” Twitter is currently recruiting engineers to join this subscription team, with employees collaborating closely with the company’s payments team. There is already speculation that the company is developing a premium version that removes ads and affords certain customizations not available on the free product.
Quantic Alum, Grant Belgard, is the Head of Bioinformatics at Bit Bio, a startup that only needed three weeks to raise $41.5 million in a Series A funding round. The biotechnology company combines data science and biology to generate every type of cell in the human body. This will unlock solutions for tackling cancer, autoimmune diseases, and aid drug discovery.
A guest post written by MBA Student, Ong Shen Kwang:
On November 20 2019, I woke up to an email from Quantic School of Business and Technology: “Congratulations! I’m so pleased to notify you of your acceptance into the Quantic MBA – January 2020 class!”
I was overwhelmed with joy. Prior to the application outcome, I had heard about the school’s highly selective acceptance criteria and its average acceptance rate of only 7% per batch. Hence, I had never imagined myself embarking on this MBA journey. It came as a huge pleasant surprise.
My wonderful experience has passed by quickly. Since enrollment, I have now been on this MBA journey for close to half a year. I am so thankful to have been given this opportunity to be part of the Quantic community that I wanted to share my top five reasons for why I love this modern MBA so much.
Reason #1: Learn From Anywhere
First, it provides a state-of-the-art digital platform for students to learn on the go. With a fully online platform, learners like myself are digitally enabled to access the portal anywhere, through our mobile devices. This is particularly advantageous for me as I spend about two hours commuting to and from work. Being able to learn on the move allows me to put my idle time into meaningful use. Also, with all learning materials being digital, I do not have to fret over carrying heavy books or having stacks of lecture notes with me. More importantly, this is a great commitment towards environmental sustainability.
Reason #2: Flexible Schedule
Second, I am able to learn at my own comfortable pace. As working professionals, managing our work and life commitment can prove to be challenging. Hence, having the autonomy to manage our own schedules is pivotal. Sometimes, if I knew that I would get busier over the following weeks, I would attempt to complete a few more lessons ahead of the recommended schedule. This allows me to keep up with the curriculum and stay on track. During the course of learning, we are also required to undertake several assignments and major examinations. The good thing is: these assessments are appropriately paced, and we are given a generous time frame to complete each of them. This is a huge relief for most of us, because then we need not fluster over meeting tight deadlines that could potentially compromise our quality of deliverables.
Reason #3: Interactive Learning
Third, the interactive learning and quality content help to reinforce our knowledge. In every lesson, we learn and apply new concepts through a case study that is built on an interesting and creative storyline. There will never be a time that you will feel disengaged in the learning – in fact, you will realise that you will keep wanting more!
After every major topic learned, there will be “Smart Cases” – a graded component of the MBA course – to test our knowledge. I particularly like this segment because it allows us to reinforce our learning by putting our fresh knowledge to test. There is also no limit on the number of attempts; so, we could keep challenging ourselves until we fully internalise what we have learned. In addition, summary notes, supplementary resources and exercises are readily available for us to download for reference. Essentially, it is a wealth of knowledge!
Reason # 4: Passionate Team
Fourth, I love how the Quantic team is so passionate. Even though I live in Singapore, there was never a day I felt like a stranger to the Quantic team in the United States. Whenever I needed clarification – even before I got accepted in the MBA programme – the team was always there to promptly assist, guide, and patiently lead the way. As a Quantic MBA student, I am overwhelmingly grateful for the team. Their genuineness and passion to help the student community is the reason why I am so motivated to put in my best in this MBA journey – they are just like my family, and I feel like I could always have their back.
Reason #5: Dynamic and Engaged Community
Fifth, being part of the Quantic community is like living in a world without strangers.
On the first day of orientation on Slack, I got to know many of my cohort classmates that live across the globe. That gave me the networking opportunity to know them better at both the professional and personal level. We also frequently engage with each other on this platform, where we contribute new ideas, exchange our thoughts and share newsworthy articles to help one another to grow. It feels like there is an invisible psychological safety net for everyone to feel comfortable speaking up.
At this point of writing, it dawned on me that half a year from now, I will be graduating with a Quantic MBA and I look forward to that day. But I know that the completion of my MBA is not the end of my journey with the school. In fact, it will mark the beginning of a new exciting phase with the Quantic community, where I will continue to render support and contribute as an alum.
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.
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 a free 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 12 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.
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 (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.)
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.
This is frequently done on a part-time basis. 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, mostly delivered part time, allow students to keep their jobs. 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 most commonly delivered in a full-time format, requiring candidates to put 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.
Executive MBA programs typically attract more mature 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.
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.
How long an MBA takes to complete depends on the type of program you choose. Executive MBA programs are typically part-time programs that run on weekends and weeknights and vary in duration (between 18 and 24 months, though some take as few as 12 months, like the Quantic Executive MBA); more traditional MBA programs, by comparison, usually take more time, often requiring 4 semesters of full-time 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 10 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. Plus, shorter programs mean you can start earning faster. 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.
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.
Quantic offer’s a hyper-competitive free MBA. How is it free? Tuition is subsidized by the built-in career network, Smartly Talent. Employers pay to recruit from the school’s high-caliber student and alumni network, thus, shifting the burden of tuition costs from student to employer. The Executive MBA, while not free, is just 5% the cost of a traditional program.
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 offers candidates pathways and resources for employer-funded tuition reimbursement.
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).
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
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.
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.
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 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.
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 (and sometimes even free).
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.
You now have the choice of online MBA’s, as well as more traditional full time and part time options.
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.
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.
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 can graduate in 12 months or less
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. The free MBA is a 10 month program, while the Executive MBA is 12 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.
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.
The free MBA is aimed at early-career professionals who show an aptitude for business leadership. Specifically, 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.
The Executive MBA is suited for experienced professionals with more than five years of industry experience who want to enhance their leadership skills. Students can specialize in management, entrepreneurship, or advanced business strategy. This program awards merit and need-based scholarships on a case-by-case basis and works with employers to provide tuition reimbursement to help off-set or cover the cost.
Cost of tuition: $9,600
Time to completion: 12 months
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.
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?
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!