London School of Business and Finance (LSBF) will offer MBA course material free online through Facebook, only charging if you choose to sit exams to gain your formal accreditation.
LSBF founder, Aaron Etingen said the free online MBA course material will include lectures online from its faculty and panel discussion groups including industry highflyers such as Partners at Accenture Management Consulting and Deloitte, the Head of Royal Navy Leadership Academy and the Director of Marketing at Viagogo.
“Earlier this year Bill Gates claimed: ‘Five years from now on the web for free you’ll be able to find the best lectures in the world online. He was partly right – our announcement today has fast tracked his vision. The LSBF Global MBA starts today.”Said Mr Etingen.
This revolutionary “try before you buy” approach offers two unique advantages: Firstly it means that those interested in learning business skills can now do so from some of the best business lecturers, through an innovative and familiar delivery channel at no cost; and secondly those considering going for formal MBA qualification can test both the quality of the programme and their aptitude and interest before any financial commitment.
“Even if people do not decide to go for formal accreditation, the LSBF Global MBA will, at no cost, better equip business students to deal with the global job market” said Etingen.
Three studios in the LSBF’s London campus continuously record constantly updated study material to keep in line with business events.
“Historically there are real barriers for people to take the time to do an MBA. Our new product uses the Facebook platform. We expect to get over 500,000 users in the first year but that is a conservative estimate. Seven years ago we had four students in Hyde Park Corner, this year we have a group turnover of £100m with 12,000 students in campuses around the world. The online world makes it hard to predict but what we do know, is that this is going to change education forever!” said Etingen.
The LSBF MBA course through Facebook can be found here: http://www.facebook.com/LSBFGlobalMBA