Is a mini MBA worth the cost? What are the best Mini MBAs out there?

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There are a few different theories as to the origins of the mini-MBA. MBA boot offered by consulting companies such as McKinsey & Co. and Booz Allen Hamilton on business essentials may have been taken over by universities — others claim they can be traced back to McGill University in the late 1940s.

In either case, the mini-MBA as we know and love it today comes in three basic flavors.

1.  The online superMOOC.   Forget networking, late night commuting and CE credits.  Some people just need a basic grounding in business practices and terminology, either for their own startups or because of a recent promotion.  UNC Kenan-Flagler has you covered, as do many other schools that have chosen to offer relatively inexpensive online certifications.  These can last up to eight weeks,  but the work is done remotely and the lectures are all online.

2.  The in-person crash course.  This was the original concept for the mini-MBA — a one-week crash course (or possibly up to three or four) which would allow middle managers to network, gain vital skills and terminology, and become better leaders at their respective companies.  Rutgers owns this type of mini, with over 18 offerings (although it has online offerings too), but there are many, many options here.

3.  The elite pre-eMBA.  Schools like Columbia and Kellogg have studiously eschewed the mini-MBA monicker in favor of more sonorous titles like “Essentials of Management”.  The price of these programs is truly eye-popping — from $24,000 up to $48,000 for a few weeks — but they do offer lodging and (some) meals, as well as the confidence in knowing the guy sitting next to you in the classroom has scratch to spare.  Many students use these type of programs to evaluate a school’s eMBA offerings and decide if they’re interested in an even bigger commitment somewhere down the line.

Source: forsterthomas.com

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