Illinois Will End Residential M.B.A. in Favor of Online Program - Scott Jaschik, Inside Higher Ed

The University of Illinois at Urbana-Champaign announced Friday that it plans to shut down its residential M.B.A. programs -- full-time and part-time -- to focus on its online M.B.A., which it calls the iMBA. The move still requires formal university approval, but the announcement is a sign of the shift going on in business education -- in many cases away from traditional M.B.A. programs. Several universities have scaled back or eliminated such programs and focused instead on online or one-year master's programs in business-related fields. Applications to the iMBA program have tripled from 1,100 when the program started in 2016. The total cost for the iMBA is $22,000.  https://www.insidehighered.com/quicktakes/2019/05/25/illinois-will-end-residential-mba-favor-online-program