The New Year is a wonderful time for reflection and renewal. As I look forward to the New Year at LFGSM, I find myself thinking a lot about the history of part-time MBA programs.
At most schools, the part-time MBA program was created to generate an additional revenue stream to help offset the ever escalating costs of supporting a research oriented faculty. However, little was done to adapt the program to the very real differences in the backgrounds and needs of the students. The curriculum was largely identical and it was delivered by the same faculty, the majority of whom were very far removed from the realities of applying the theories they teach.