Students will have the opportunity to attend personal and immersive experiences in one of EGADE's headquarters in Latin America.
The EGADE Business School of Tecnológico de Monterrey and the global company in digital education 2U Inc. allied to offer an online MBA for business professionals worldwide.
"Our partnership with 2U, a world leader in educational technology, allows us to provide a new opportunity for talented professionals to live a unique EGADE MBA experience off campus, regardless of their location, and be part of our distinctive entrepreneurship and innovative culture, recognized worldwide by the highest academic standards," said Ignacio de la Vega, dean of EGADE Business School.
"By continually incorporating new formats and experiences in our educational offer, we strengthen our institutional commitment to remain at the forefront of global business education and fulfill our mission of training omniepreneur leaders that generate shared value and transform society," he added.
The MBA students will attend weekly lessons, which will be taught live and in English on an online platform that works from almost anywhere in the world. Also, students will have the opportunity to attend face-to-face immersion experiences in one of the EGADE offices in Latin America or in intensive stays offered by the school through its network of academic partners throughout the world, where students will be able to create new relationships and learn from both peers and teachers.
The EGADE online MBA stands out for being the first full academic degree program of 2U in Latin America. It is expected that its launch will be next fall.
2U also teamed up with the Tec in a double degree program, LL.M., with the Law School of the University of Washington.
Andrew Hermalyn, president of associations and university services of 2U, said that the EGADE Business School stands out for 'breaking down' the geographical barriers in its search to develop global executive talent. Hermalyn pointed out that with this new partnership, Tec will expand this reach even more.
"We are excited to expand our relationship with Tecnológico de Monterrey by partnering with EGADE Business School and contributing to its strategic vision for the transformation of business and society in Latin America and the rest of the world," he said.
The idea of offering online master's degrees has been booming in recent years. Laurie Pickard, for example, wrote a book titled "No pay MBA," documenting her career trough MOOCs in business instead of enrolling in a traditional MBA program.
She explains that there are more than 1,800 MOOCs business courses taught by universities such as MIT, Northwestern, University of California at Berkeley, University of Michigan, Columbia University, Dartmouth and now by Tec de Monterrey.