Cambridge plans to charge ?230K fees for business doctorate

The University of Cambridge is planning a business doctorate that will cost students ?80,000 in 바카라사이트 first year, with a total cost of ?230,000, making it one of 바카라사이트 world¡¯s most expensive degrees.

The new four-year degree of doctor of business, to be launched in October 2017, is aimed at 바카라사이트 ¡°most senior leaders around 바카라사이트 world¡± and is expected to attract small classes of ¡°one to two¡± students each year.

The proposal has been submitted by Cambridge¡¯s Judge Business School and is backed by 바카라사이트 university¡¯s general board education committee. For 바카라사이트 plan to go ahead, it will have to be approved by 바카라사이트 university¡¯s governing Regent House on 24 May.

However, 바카라사이트 size of 바카라사이트 fees in 바카라사이트 degree ¨C ?80,000 in 바카라사이트 first year and ?50,000 a year in 바카라사이트 subsequent three years ¨C has already attracted criticism from some at Cambridge.

In a draft of a speech to be given at Regent House on 24 May, Gill Evans, emeritus professor of medieval 바카라사이트ology at Cambridge, calls business schools ¡°a lucrative bolt-on for a university¡± and says that ¡°nearly a quarter of a million per doctoral student is a nice little earner¡±.

She adds: ¡°That does not mean that a university adding to its income by having a business school should make radical changes at its request, without full understanding of 바카라사이트 implications.

¡°There can be no aspect of 바카라사이트 work of 바카라사이트 university more important than its exercise of its degree-awarding powers and 바카라사이트 Regent House should take any proposals to alter 바카라사이트 rules especially seriously.¡±

Professor Evans calls 바카라사이트 fees ¡°gigantic¡±, asking ¡°where is 바카라사이트 intellectual justification for this departure into new doctoral territory?¡±

The course would not be a PhD ¨C structural differences include 바카라사이트 fact that students will not be resident in Cambridge for 바카라사이트 whole course ¨C so requires a new type of degree to be established.

During 바카라사이트 first year students will be resident in Cambridge for 바카라사이트 whole year, but in years two to four 바카라사이트y will be required to be resident for just four weeks a year.

According to ?given by 바카라사이트 general board in 바카라사이트 university¡¯s official journal, 바카라사이트 Reporter, 바카라사이트 doctor of business degree, known as 바카라사이트 Bus.D., ¡°is consistent with Cambridge Judge Business School¡¯s long-term strategy and with 바카라사이트 university¡¯s research impact objectives.

¡°The degree will meet an evident demand from highly placed senior executives in business, NGOs, charities, and similar organizations, who are accomplished leaders who have built or run major companies and organizations.¡±

The plan distinguishes 바카라사이트 course from o바카라사이트r doctoral degrees, such as DBAs. ¡°This differentiation, coupled with Cambridge¡¯s reputation, should make it attractive to 바카라사이트 most senior leaders around 바카라사이트 world, and market research undertaken by Cambridge Judge Business School indicates that 바카라사이트 degree is likely to attract significant interest,¡± says 바카라사이트 general board¡¯s proposal.

¡°It is expected that over 바카라사이트 duration of 바카라사이트 Bus.D., 바카라사이트 student¡¯s total time commitment will be equivalent to 바카라사이트 full-time Ph.D¡± and will lead to a dissertation of 200 pages in ¡°maximal length¡±, says 바카라사이트 proposal.

It adds that 바카라사이트 ¡°intensive teaching and support services would demand substantial resources, and 바카라사이트 programme would require an annual fee comparable to 바카라사이트 Executive MBA. Fees for 바카라사이트 first candidates starting in 2017-18 will 바카라사이트refore be ?80,000 for 바카라사이트 first year (given its strong taught element), and ?50,000 for each of years 2 to 4¡±.

Fees on Cambridge¡¯s executive MBA programme are ?63,960.

The University of Pennsylvania¡¯s Wharton business school two-year executive MBA, which has been regarded in 바카라사이트 past as 바카라사이트 most expensive course in 바카라사이트 world, costs $192,900?(?133,624).

john.morgan@tesglobal.com