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McGill MBA students support high tuition according to a new survey

Students back university, criticize lack of provincial bursary support


 

The majority of McGill MBA students support the program’s high tuition, according to a survey released by the MBA Student Association on Friday.

The release comes just days after the provincial government announced it would be fining McGill $2.1 million for raising MBA tuition without permission. Fees in the program rose from $3,400 to $29,500 last fall. The university has refused provincial funding for the program since the increase.

According to the student association, 70 per cent of those surveyed said that “the program is at a reasonable or below reasonable price.”

Students in the program are no longer eligible for provincial bursaries, in an interview about that issue last month, the president of the MBA Student Association, Pat Tenneriello, told me that the majority of students support the increase “because we see the investment.”

According to the student association, new professors have been hired and the program has already improved in international rankings.

The student association also used the release of the survey to criticize the lack of bursary support. “Our decision to pay the market price for our education should not affect our ability to receive funding in support of our endeavours to become future industry leaders within Quebec,” the release says.

While the Quebec government continued to thaw the tuition freeze in Thursday’s budget, tuition fees for provincially funded programs will still be assessed at a standardized per-credit rate.


 

McGill MBA students support high tuition according to a new survey

  1. Bravo McGill MBA students! They have learned that you get what you pay for. If you want quality it will cost. The government cannot contribute more so the students will have to pay. The fact that the average starting salary for a McGill MBA is about $90,000/year makes it a good investment.

  2. Interesting – most students approve of the increase, yet the first your it is implemented new enrollments went down by 65%. Seems like the MBA Students Association did their faculty a solid rather than run a proper survey. I’d love to see their methodology.

    Huh? (interesting moniker) – if it’s such a good deal, then why have savvy business students rejected it so soundly?

    • Actually Robert, enrollment was not down. That was some bogus stat that was put in a news article. The program limits the intake to about 60 students per year. Its a small class setting with, on average, 30 students per class. There is simply no room for more.

  3. “Savviest” business students go to Western or US business schools, Savvy students still go to McGill. Students looking for a cheap alternative to an MBA degree go to Concordia.

    • Spoken like a Western/Ivey student. There are several good MBA schools in Canada. Personally I’d put Rottman at the top of the list right now which has, as far as I know, by far the best Finance program.

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