Title: The financial viability of exporting graduate business education in a developing economy

Authors: John Stocker, Conrado Gempesaw

Addresses: Department of Finance, University of Delaware, 316D Purnell Hall, Newark, DE 19716, USA. ' Lerner College of Business and Economics, University of Delaware, 303 Lerner Hall, Newark, DE 19716, USA

Abstract: The popularity of graduate business education around the world has increased the demand for US-based universities to deliver Masters in Business Administration (MBA) programs in other countries. Based on the experience gained in implementing a United States Agency for International Development (USAID) sponsored project in Bosnia-Herzegovina to establish a sustainable graduate business education program, this study evaluates the financial viability of offering an MBA program in a foreign location, specifically in a developing country. The results show that program length, size, tuition, and finding the right local partner are some of the key elements to the success of the program.

Keywords: MBA programmes; master|s degrees; business administration; business education; graduate education; developing economies; simulation analysis; financial modelling; financial viability; USA; United States; government agencies; international development; USAID; sponsored projects; Bosnia; Herzegovina; foreign locations; developing countries; programme length; programme size; tuition; local partners; education management; higher education; universities; competitive edge; competitiveness.

DOI: 10.1504/IJMIE.2011.039484

International Journal of Management in Education, 2011 Vol.5 No.2/3, pp.188 - 202

Published online: 12 Feb 2015 *

Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article