So what exactly does $176,000 get you at Wharton San Francisco, the University of Pennsylvania’s west coast executive MBA program? How about a lavish new campus, an ultra modern building and the latest technology in each classroom? Then there’s the concierge-style service from the school staff, free iPads, all-inclusive accommodation at the Meridian hotel and the chauffeur service that drives students back and forth. Yes, you do get what you pay for.
According to the Financial Times, the campus is flooded with natural light. Paintings from local artists hang on the walls. There are breakout rooms and mother-and-baby rooms furnished like airport executive lounges, two teaching rooms each with a capacity for 75 students and a lecture theater for 160. Each room has the latest audio-visual equipment and cameras for web-conferencing speakers from the east coast and Wall Street. And in the smaller seminar rooms, students can Skype their classmates on the east coast or overseas.
But Bernadette Birt, the program’s executive director, says there’s more to Wharton’s executive MBA than fancy technology and swank buildings.
She says students are willing to pay big money to attend the program in part because they get more than 700 hours of contact time.
“They are getting more for their money,” she tells the Financial Times. “Other programs offer 400 hours and their fees are not much less than ours.”
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