You are really good at summing up the pros and cons when comparing different online masters. Very nice comparison!
It is of course a big decision and I am always surprised when people spend little time weighing the pros and cons on such an expensive item -- plus it does make a difference in your career positioning long term, which affects your earning potential.
I can't add anything else accept to agree is option A worth $40 more than option B?
There is no right answer other than which one "buys" you the most of what you what from a degree.
However, I wish we could build a compare an online degree tool that was as flexy as your mind!
Vicky
Raven350 wrote:
Vicky, thanks for the feedback!
I had heard of the MSTC program through UT Austin some time ago; however, at that time it was only available on-campus, but is now available online with 1-2 residency requirements including an international trip. I was smitten with the program emphasis of technology entrepreneurship, but felt it was more focused on bringing technology to market rather than Babson's focus on being able to do anything! So, I didn't want to be stuck to technology-related entrepreneurship, but having the know-how to take any idea irrespective of what it is and creating value out of it.
However, as I want to pursue a career in leadership/strategy or technology consulting, I believe I'd have more options with Babson's MBA than UT Austin's MSTC. Another "however," I eventually want to work with new and emerging technologies (those often found in annual CES shows), being at the forefront of the latest developments in unique tech like Corning Glass. That is my true passion.
Must see: www.youtube.com/watch?feature=player_embedded&v=6Cf7IL_eZ38#!
I feel like pursuing UT Austin's MSTC is great for:
1) Price $46k
2) Duration 1-year
3) Technology-focused entrepreneurship/ commercialization/ business development/ product development
4) Online component and convenience
5) Great institution and faculty, large alumni network
However, it may not be as good for consulting.... (?) That needs evaluation.
Babson is great for:
1) Ranking and establishment of best entrepreneurship program in the country, or world for that matter
2) Entrepreneurship of anything, not just technology focused offering more flexibility
3) MBA brand and emphasis on innovation and creativity
4) Consulting and/or any field for that matter including the specialities of the MSTC program - more flexibility and mobility
Decisions, decisions....at approximately $40k more than UT Austin MSTC, which is inclusive of residency requirements (travel and lodging costs), Babson is the heavier pill to swallow in terms of expenses. It's also a year longer in duration than UT Austin's MSTC program. But given its flexibility and wider perspective on business, it may be the smarter of the two looking down the road.
Hmm....