New on Facebook: an MBA
London school offers degree via social networking site
By Mary Papenfuss, Newser Staff
Posted Nov 29, 2010 3:46 AM CST
Updated Dec 4, 2010 7:00 PM CST
These Russian students are pursuing a business degree in a classroom. Why not eliminate the classroom?   (AP Photo/Ivan Sekretarev)

(Newser) – Too busy playing Farmville to study? Now you can do both, and never leave Facebook. That's because a British school is offering a complete Masters of Business Administration course of study ... that can be done on Facebook. The new Facebook application for the "Global MBA" offered by the London School of Business Finance allows students all over the world to access lecture videos, course materials, notes, tests, and interactive case studies, managing director Valery Kisilevsky tells the New York Times.

Some 30,000 students are already registered for the New Age MBA, and the school expects to see the class grow to some 500,000 within a year. Students can take courses including accounting, corporate finance, ethics, marketing, and strategic planning—all for free. They only pay when they take a test. The total cost of the online MBA degree is about $23,000—the same amount paid by the school's 15,000 other distance-learning and campus students.

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Showing 3 of 6 comments
Megan Barber
Nov 30, 2010 9:11 PM CST
Although I thought the idea of pursuing a M.B.A. on Facebook was crazy when I first read this headline, I do think this makes obtaining a graduate degree more accessible to many people. I think, or hope, that people will want to explore the new M.B.A. application on Facebook and will discover that getting their M.B.A. is feasible while trying it out. Whether people will actually pay up and take exams is yet to be determined, but if other Facebook applications are any indication, there is definitely a great possibility.
chicabuena
Nov 29, 2010 12:21 PM CST
Notice in photo #1 of 2 the girl who seems to be more interested in checking herself out in her compact mirror, rather than actually "studying" in a classroom, as the story suggests? :p
odowd80
Nov 29, 2010 9:22 AM CST
Interesting experiment. If students are prepared equally well, and employers accept a Facebook MBA, great.