You may have heard about Quantic’s Free MBA. It’s an innovative degree program that flips the tuition model so that employers pay to recruit from Quantic’s student and alumni network, thus shifting the burden of tuition from student to employer.
You may have also heard that Quantic’s MBA is no longer free — and you’d be correct.
The good news is that Quantic’s MBA, while not free, is still the most radically affordable — and highly selective — MBA program available. The accredited degree program has been enhanced with high-value curricular and extracurricular content and activities that we’ll get into a little later. If you had your sights set on a free education, don’t despair. Quantic has developed several ways that you can obtain free or reduced tuition – part of a new Sponsored Education initiative that’s focused on helping students navigate and secure tuition benefits from their employer, as well as continuing to connect directly with employers that wish to recruit Quantic students.
Why is Quantic’s MBA No Longer Free?
When we first offered a free online MBA, we wanted to democratize access to an elite caliber business education. We did this by asking companies to pay to recruit our students. With companies taking over the financial burden, our students essentially got their MBAs paid for by potential employers. This strategy and mission remains unchanged — in fact, we’re more committed than ever to providing more people with an unparalleled education and a highly-engaged, high-achieving student and alumni network.
So what changed? Our students wanted more: they wanted more courses, more opportunities to connect with their peers and Quantic faculty, group projects, and access to our global conferences, previously only available to Quantic’s Executive MBA students. Over the years, we’ve also added access to research databases, a library, resume consultations, additional courses (like Blockchain and Cultural Intelligence), increased events, student and alumni clubs and added more webinars to compliment student learning. In short, we enhanced our existing MBA program with elements from our Executive MBA program. The addition of this content meant that there was no way we could continue to offer a completely free MBA.
Charging companies to recruit in our optional career network was, and remains, a key component of how we’re shifting the majority of tuition costs from students to employers. Although the career network is not yet robust enough to offset ALL tuition for ALL of our students, it does, however, help keep our tuition as affordable as it is. We continue to offerour world-class MBA program to more and more high-achieving students, an imperative that demands ongoing innovation.
The Quantic MBA, while not free, is extremely affordable. Our MBA is considerably lower-priced than comparable MBAs from other top-tier schools and leverages a monthly pricing model to make even more accessible. The new program and pricing structure, $950 USD per month over the 13-month duration of the program, is designed to ensure that the Quantic MBA provides the best value in the MBA market for student growth potential and development. With the new Quantic MBA, our students get an even better education at a fraction of the cost of other top schools.
The elements we added from our EMBA program were carefully chosen to enhance the value of the new Quantic MBA program. These elements include access to weekend-long global conferences and virtual summits, a more robust curriculum, and a new Individual Strategic Development Plan, all designed to further enrich our students’ educational experience.
The Individual Strategic Development Plan
One of the most exciting new additions to the Quantic MBA program is the Individual Strategic Development Plan (ISDP). This plan adds a goal-setting and achievement layer to our existing MBA curriculum, prompting students to articulate and make progress on their personal career goals. It specifically targets introspective development for the early career student and helps students get the most out of the optional, in-person offerings provided as part of the Quantic program.
The ISDP requires students to reflect on their personal and professional development over the course of the program through written responses to app-based prompts. These prompts have been designed so that students gain insight into their individual strengths and limitations as they move through the program. They are prompted to identify what they want to gain from the Quantic MBA and to identify the concrete steps they need to take to make the most of their time in the program. In support of this process, students now will have the opportunity to attend a series of webinars and facilitated networking events with Quantic faculty and staff.
Quantic’s ISDP starts in the second week of the program, where students perform a self-assessment of their strengths and weaknesses, create a personal mission statement, and develop an implementation plan for their personal Quantic MBA goals. Students are prompted to check on and write reflections about their progress throughout the program. The final IDSP is due the final week of the program, where students present their short-term career objectives and a strategic plan to achieve them.
How Much Does Quantic’s MBA Cost?
Compared to similar high-quality MBA degree programs, the Quantic MBA is radically affordable. At just $950 USD per month over the 13-month duration of the program, the Quantic MBA costs less than a tenth the price of some comparable programs.
It’s possible for Quantic students to reduce this cost even further. Quantic has heavily invested in tuition innovations that enable you obtain your MBA at a reduced cost – or completely tuition-free.
How Can You Still Get Your MBA Degree for Free?
Quantic offers three innovative sponsored education options that can help you reduce or totally eliminate your contribution towards an MBA.
Option 1. Tuition Reimbursement
Did you know that many companies offer tuition reimbursement benefits that can offset up to 100% of our affordable MBA degree? Many of the top companies worldwide – including Apple, JP Morgan Chase, Google (the company with the most Quantic students), Salesforce, PwC, Oracle, among many – have contributed or completely paid for their employees’ Quantic education. These companies recognize that Quantic enables you to obtain a world-class MBA degree without having to take a hiatus from your career, and they’re willing to invest in developing the skills of their workforce.
To find out if your employer offers tuition reimbursement for a Quantic MBA, ask your HR department or contact us for more information. We’re glad to work with your company to help further your career development.
Click here to learn more about tuition reimbursement.
Option 2. Scholarships
Another way to reduce or eliminate your Quantic tuition is to apply for one of our generous scholarships. Every student is eligible to apply for one of five scholarships, including:
- Hyperion Award for Entrepreneurs
- Leadership Award for Women in Tech
- Powell Impact and Sustainability Scholarship
- Strada Scholarship for Emerging Leaders
- Zenith Award for Academic Excellence
These MBA scholarships provide a full or partial financial award for students in each cohort in our program.
Click here to learn more about scholarship opportunities.
Option 3. Our Built-in Career Network
Another way Quantic is offsetting tuition costs to students is through our built-in career network. This innovative model charges companies to recruit and hire our exceptional learners from the career network, shifting costs from students to employers. This helps to keep our tuition rates low.
The Quantic career network connects students with companies who are seeking to hire top-tier talent. Students use the (optional) career network to discover exclusive job opportunities and connect with employers. Employers browse the student profiles to find highly qualified candidates – and then request interview opportunities.
Click here to learn more about Quantic’s built-in career network.
Frequently Asked Questions about the Quantic MBA
There’s much more to discover about Quantic’s MBA program. Here are some of the more important questions potential students ask.
What’s the Difference Between Quantic’s Executive MBA and MBA?
Quantic offers both MBA and Executive MBA (EMBA) programs. Both programs cost $950 USD per month over the 13-month duration of the program, and provide a high-quality business education. There are important differences between the programs, however. Since we’ve already covered what’s included in the MBA, we’ll focus now on the Executive MBA.
Our Executive MBA program is designed for professionals with seven or more years of business experience. It combines our award-winning MBA program with more advanced courses specifically designed for mid-career business professionals and entrepreneurs.
The EMBA program offers eight concentrations, and students can choose at least three different specializations. Students work through several case studies and projects throughout the program, some with group options. The program’s Business Plan Capstone Project is an endeavor designed to help students develop a business plan from start to finish, culminating in a “pitch” to Quantic faculty at the end of the program. In fact, many of our students have launched successful start-ups as a result of their Capstone experience!
EMBA students generally have more than 7 years work experience. More than 80% of our EMBA students are aged 34 to 44, two-thirds have eleven or more years of business experience, and 20% are c-level executives. If this describes your real-world work experience, Quantic’s EMBA program may be for you.
Is the Quantic MBA Accredited?
Yes! All of Quantic’s programs are accredited. Accreditation ensures that an educational institution meets quality standards and achieves its promised learning outcomes. The Quantic School of Business and Technology is accredited by the Distance Education Accreditation Commission (DEAC), which is listed by the United States Department of Education as a recognized accrediting agency. Quantic is also recognized by the Council for Higher Education Accreditation (CHEA) and licensed by the Office of the State Superintendent of Education (OSSE) in Washington, DC. Learn more about our accreditation here.
What Does Quantic’s Student Body Look Like?
The students in Quantic’s MBA program are similar to who you’d find in any top-tier MBA program. They are the best and the brightest from today’s world of business.
Your future classmates have attended some of the best universities in the world. Though it varies from cohort to cohort, generally about 70% of MBA students graduated from top-30 schools such as Oxford, MIT, EPFL, Harvard, Hong Kong University of Science and Technology, Imperial College of London, Stanford, Nanyang Tech, NUS Singapore, and UC Berkeley. Interestingly, many Quantic students also come from a STEM background, either having majored in a STEM field or work in a related industry.
Our student body is global, coming from more than 150 different countries. They work in the largest and most impactful companies and organizations, including Apple, Amazon, Tesla, Deloitte, Facebook, General Motors, Google, Lyft, Salesforce, and TikTok, to name a few.
Quantic MBA students are leaders today and innovating what business will look like tomorrow. Surrounding yourself with such accomplished peers will drive you to be better at what you do.
What Is Quantic’s Acceptance Rate?
To cultivate a highly engaged, challenging, collaborative and enriching peer-learning experience, Quantic is very selective. Our blended acceptance rate (for both programs) is just 13%, which is on par with other top programs in the world.
What Do Students Say About Quantic’s MBA Program?
In short, they love it! 98% of Quantic students say they are likely to recommend Quantic to a friend. Quantic has a Net Promoter Score (NPS) of 64 — on par with some of the world’s most beloved companies and this is higher than the NPS for the MBA programs from both Harvard (NPS of 41) and Wharton (NPS of 51).
Don’t take our word for it. Here’s what some of our MBA students say:
- “The Quantic program is a unique and engaging way for busy professionals to build their knowledge and gain their business degree.” (Elizabeth Kennard, Yale University graduate, currently Senior Manager at Canon Medical Systems USA, Inc.)
- “The MBA was a great experience. Highly engaging content delivered thoughtfully and in an interactive way. It feels like the future of education!” (Tom Garvey, University of Oxford graduate, currently Senior Business Analyst at Google)
- “Quantic is intense, but very effective! I was definitely challenged.” (Chia Jia Hao, National University of Singapore graduate, currently Innovation Program Lead at DBS Bank)
- “My journey with Quantic has been incredible. The course material equipped me with knowledge that led to a 66% salary increase.” (Robin Lu, University of California Berkeley graduate, currently Front-end Engineer at Gomay Group)
- “Quantic helped me become a better marketer, a better manager, and a better businessman.” (Tanzim Khan Milkey, Williams College graduate, currently with 360AlumniInc)
Our data shows that 94% of Quantic MBA students have achieved their goals post-graduation. Two-thirds (66%) of our graduates receive promotions within six months of graduating, with their median salary increasing 23% within that same time frame.
The reality is that a Quantic MBA helps business professionals gain confidence, get hired, get promoted, earn higher salaries, and start their own companies. We remain determined in offering a true rival to elite traditional business schools in a way that’s affordable, accessible, and fulfilling for our students.
If you’re interested in advancing your career, we invite you to learn more about the Quantic MBA and Executive MBA programs. Quantic will enable you to enhance your career prospects and engage in a world-class network that will benefit you throughout your life. We believe that the Quantic MBA is the future of higher business education – and it’s here today.
Is MBA from Quantic worth it? ›
To sum up, I could not be happier with my Quantic experience. They have exceeded my expectations in terms of the quality of the curriculum and the flexibility they offer in comparison to other online programs. Therefore, I highly recommend anyone thinking about Quantic apply.Is Quantic MBA still free? ›
Tuition Fees are just $950 per month over the 14-month duration of the programs. Many students enjoy reduced fees from scholarship opportunities funded in part by our employer partners.
Most employers and educational institutions outside the US will recognize your degree from Quantic School of Business and Technology, as it is an accredited US institution.Why is Quantic MBA free? ›
Recruiters across a variety of industries subsidise the cost of the program for students, in return for having first access to graduates. For companies, Quantic offers access to top talent; for students, it could fast-track you into an exciting new role or industry.Is Quantic a real degree? ›
Regulated by the Office of the State Superintendent of Education (OSSE) of Washington, DC, Quantic is a licensed, degree-granting institution of higher education. Graduating students obtain the internationally recognized MBA and Executive MBA academic credentials.Can you fail Quantic? ›
Students must maintain a cumulative score of at least 70% (cohorts graduating before April 1, 2024) or 80% (cohorts graduating after April 1, 2024) to remain in good academic standing and earn their degree.Is Quantic MBA a real MBA? ›
Quantic School of Business and Technology is accredited by the Distance Education Accrediting Commission, which is listed by the U.S. Department of Education as a recognized accrediting agency, and is also recognized by the Council for Higher Education Accreditation (CHEA).Is Quantic respected? ›
Admission is also, ostensibly, competitive. However, Quantic is not accredited by either of the two main business school accrediting bodies, AACSB or ACBSP — it is accredited by the Distance Education Accrediting Commission, which is a legitimate accrediting body, albeit not a prestigious one.Does Bill Gates have MBA? ›
Ballmer was persuaded to abandon his MBA by Bill Gates—number two on the Forbes list—in order to join him at Microsoft as a business manager. Several Forbes billionaires earned their MBA degrees from universities in Europe.What is Quantic EMBA acceptance rate? ›
Admission to Quantic's degree programs is one of the most selective in the United States with less than 13% acceptance rate.
What happens if you fail Quantic exam? ›
You can retake SMARTCASES if you achieve less than 80%, and you can also retake SMARTCASES to score above the minimum 80%. Only your best SMARTCASE score will be counted towards your final grade. As far as the exams that follow each concentration, we do not allow you to re-take these exams.Do employers care where your MBA is from? ›
Do Employers Care Where You Get Your MBA? The answer depends on your intended employer. Some companies focus on where candidates earned their MBAs, while others prioritize the degree specialization or relevant work experience.Is Quantic MBA a degree? ›
Quantic offers two highly selective business degree programs — the free MBA and radically affordable Executive MBA. Courses are delivered in the Quantic app on your mobile device or computer in bite-sized, interactive lessons and an accompanying peer learning platform.
No, these scores are not required, but if you have taken the GMAT or GRE, they can be helpful as we evaluate your application.Is an Executive MBA better than an MBA? ›
How is an EMBA different from an MBA? The 'E' in EMBA stands for executive—but that doesn't necessarily mean EMBAs are superior to MBAs. They're essentially the same degree, but EMBAs are structured for current (rather than aspiring) executives and tend to be more flexible to accommodate busy schedules.Is Quantum university accredited in the USA? ›
THE INTERNATIONAL QUANTUM UNIVERSITY FOR INTEGRATIVE MEDICINE IS NOT ACCREDITED BY AN ACCREDITING AGENCY RECOGNIZED BY THE UNITED STATES SECRETARY OF EDUCATION.Is Quantum university recognized? ›
Quantum University is recognized by University Grants Commission (UGC), a statutory body of the Government of India established for the coordination, determination and maintenance of standards of university education in India.How long is Quantic MBA program? ›
As an accelerated 14-month program of study, the MBA is designed for the early-career professional with leadership potential. The award-winning curriculum combines interactive technology and collaborative group study with exceptional classmates around the world, delivered in a structured, yet flexible format.What happens if you fail an MBA class? ›
Yes, students can fail an MBA program. Students with low grades or those who fail to complete coursework may not complete their degree. MBA programs reserve the right to expel students for poor academic performance.What is the pass mark in MBA? ›
general eligibility for mba/pgdm
Minimum requirement for all courses across India is - candidate must have scored more than 50% in Graduation (45% in case of SC/ST).
What is the passing marks for MBA in UCW? ›
You must score 60% or higher to pass the exam.Is an MBA harder than a masters? ›
Is an MBA harder than a master's? The difficulty of a program depends entirely on the institution. Both an MBA and master's in business are graduate-level programs, and meet the same rigorous academic standards.Is it better to get a masters in HR or an MBA? ›
The short answer is: An MBA degree offers general business skills that can get you ahead in any area,while the MS-HRM is more appropriate for someone with a foundational business background who wants to focus more deeply on human resource management. The degree you choose depends on your career goals.Is Elon Musk MBA? ›
Does Elon Musk have an MBA? No.What is the most prestigious MBA in the world? ›
- Stanford Graduate School of Business. Stanford (CA), United States. QS Stars. ...
- =2. Harvard Business School. Boston (MA), United States. ...
- =2. Penn (Wharton) ...
- HEC Paris. Jouy en Josas, France. ...
- MIT (Sloan) Cambridge (MA), United States. ...
- London Business School. London, United Kingdom. ...
- =7. IE Business School. ...
- =7. INSEAD.
- Harvard University. ...
- University of Chicago (Booth) ...
- Northwestern University (Kellogg) ...
- University of Pennsylvania (Wharton) ...
- Stanford University. ...
- Columbia University.
- Financial Times Global MBA ranking. ...
- The Economist full-time MBA ranking. ...
- Forbes best business schools ranking.
Many CEOs earn an MBA, which hones their business acumen while helping build a foundation of management and leadership skills. Notable exceptions to this rule include Bill Gates and Mark Zuckerberg, who famously dropped out of college to pursue their entrepreneurial ambitions.Which MBA has the most billionaires? ›
Harvard Business School has produced 64 billionaire alumni, the most by far of any graduate business school in the world, according to a new report from Wealth-X. There is a massive gap between Harvard and even the next highest ranked business school, Stanford University, which has 23 billionaire MBA alumni.How much does a MBA increase your salary? ›
In 2019, TransparentCareer analyzed salary insights from MBA graduates between 2009 to 2018 and found that MBA graduates increased their salaries by an average of $36,742, from $79,505 before seeking their degree to $116,248 after earning their degree .
Is it hard to get into Quantic? ›
Quantic boasts a 7% admission rate and broad learning community.What is the hardest MBA program to get into? ›
|School (name) (state)||Full-time acceptances||Full-time acceptance rate|
|Stanford University (CA)||651||8.9%|
|Harvard University (MA)||859||9.2%|
|Columbia University (NY)||886||13.6%|
|Pennsylvania State University—University Park (Smeal)||98||20.1%|
Ans. In terms of level of program, yes an executive MBA is equivalent to MBA as both these degrees lead to a master's credential. However, executive MBA is considered an advanced degree than general MBA.Can you pass your masters if you fail a module? ›
Postgraduate students must normally pass all their modules to meet their award requirements. However, the relevant Examination Board may disregard failure in up to 30 credits where you have achieved a module mark of 40-49.9 in each of the failed modules and your overall average is 50.0 or greater.How can I get into Quantic MBA? ›
Applicants to the MBA and Executive MBA programs must have earned at least a U.S. bachelor's degree from an accredited institution or an equivalent non-U.S. bachelor's degree as determined by a NACES-approved evaluation service from an accredited international equivalent.Is it possible to fail a Masters? ›
Failing a Masters
A Masters is challenging, but you're still unlikely to fail. For one thing, universities won't admit students who aren't ready and prepared for the course.
If you're still in the process of completing your MBA, you might be wondering if you should include it in your resume. And the short answer is – absolutely!Is an MBA worth it 2022? ›
In 2022, 85 percent of full-time MBA students reported their program's value as “good to outstanding,” up from 82 percent in 2021. Likely contributing to this trend is the rise in career changes; the majority of 2022 business school graduates who used their degree to make a career change were successful.How much do MBA graduates make after 10 years? ›
|Degree||Lifetime Median Cash Pay||Early Career Median Pay|
|Top 10 MBA Degrees||$8,045,000||$133,000|
|Top 50 MBA Degrees||$5,655,000||$93,500|
|All MBA Degrees||$4,110,000||$68,000|
|All Bachelor's Degrees||$3,320,000||$55,000|
Teaching at most MBA programs combines lectures and case studies like in a Master's. The difference is that MBA teaching tends to be more experiential, through the use of case studies and project-based work. This is a truly immersive teaching method and allows students to leverage their backgrounds.
Is an MBA higher than a ma? ›
An M.A. degree emphasizes research and data interpretation and is typically offered by a university's College of Arts and Sciences. An MBA is a professional degree emphasizing real-world business applications and is typically offered by the School of Business.Why is it called an MBA and not a MBA? ›
It's an MBA. Since we typically pronounce the abbreviation MBA as individual letters, and the letter M begins with a vowel sound, we use the article "an". It's an MBA (Master of Business Administration).Is the Quantic MBA any good? ›
“The learning style is really engaging - a welcome change from sitting through hours of video lectures. I'd highly recommend Quantic to anyone who's looking to earn an MBA while retaining their full-time schedule and avoiding the enormous costs of traditional programmes.”Is Quantic MBA hard to get into? ›
The acceptance rate is very competitive (less than 7% acceptance), but Quantic contacted me to apply for the Executive program, even more exclusive.At what point is an MBA not worth it? ›
An MBA is only worth the expense, time, and effort when the graduate plans to work in a business-related field, in management, or as a company founder. An MBA may not be useful for those working in other industries unless they are in management or leadership roles.Is Quantic MBA worth it 2022? ›
Conclusion. I really enjoyed my year in the Quantic MBA. It's not the right program for everyone but I think it will really suit my needs as a tech professional looking to move into leadership roles in the future.What is Quantic MBA acceptance rate? ›
Admission to Quantic's degree programs is one of the most selective in the United States with less than 13% acceptance rate. However, the school does not require standardized exams such as GRE or GMAT for admissions.