Are Quantic’s MBA and EMBA Worth it?

For those of you who are reading this post, chances are that you might have come across Quantic’s MBA programmes and that you are looking for what people are saying about it before you further consider it an option for boosting your career. This degree has been on my radar for over a year and despite still having some doubts, I recently decided to take a gamble and enrol onto their EMBA programme. I did a fair bit of research and I must say that the information that is available online is still limited and the quality of the reviews are poor. Most of the reviews that I came across were too one-sided; on one side people claiming that this is another degree mill, on the other side people advocating that the Quantic MBA was one of the best career decisions that they had ever made. In the following months, as I start my studies with this institution I am hoping to add my take on this programme.

1. What is Quantic?
Quantic markets itself as “a modern MBA and as the world’s only accredited mobile-first graduate school” which sounds interesting and definitely a big shift from traditional business schools. You can download their free app and try out their courses before you apply for the actual MBA; I personally think this is clever on Quantic’s side as it gives students the ability to asses the teaching format. If you haven’t downloaded the app yet, I strongly recommend that you try it out. The foundational modules cover a mix of your typical business school subjects. Each course does not take too long to complete; you learn the material based on the information displayed on the app and you get tested on it straight away via multiple choice questions as part of Quantic’s ‘innovative’ teaching style. Via the free app you will get access to around 10% of their content (minus the networking and other benefits) and the remaining 90% is accessible to MBA & EMBA students.

2. Tuition Fee
Quantic initially offered its MBA for free and charged $9,600 for its EMBA. Even at $9,600 for the EMBA, the tuition fee is extremely competitive compared to a traditional business school. Recently the school also started charging $9,600 for the MBA and provided a detailed explanation here behind its decision. In summary, Quantic claimed that by having companies pay to hire its graduates it was able to subsidise the courses. However, the article then goes on to say that the school has now started providing MBA students with group projects, conferences and other resources which were previously strictly accessible to only EMBA students. I am not disputing the school’s claims but I personally think that the initial decision to provide a tuition free MBA was more of a marketing tactic and most importantly a desire to build brand awareness.

3. Application & Selection Criteria
I applied for their EMBA twice. I applied for the first time a year ago, got accepted and turned my place down as I felt that I needed to do more research before paying the far from negligible tuition fee. In terms of how the application process goes, you use their app to enter your details including academic info and job details and once your application has been reviewed, you should get called for an interview. You will be able to upload your unofficial grade transcripts here but the official ones will be checked once you successfully enrol on the course.

3.1 Interview
The interview should be very short. My interview started with an explanation of Quantic (a bit of a pitch) and you should get asked very generic questions pertaining to your motivation for applying to the course. You will also get a chance to ask questions so use this opportunity to clarify any doubts. I personally got the impression that that the admission decision had already have been made based on my profile.

3.2 Low Acceptance Rate
Based on data from 23rd April 2021, Quantic claim that their acceptance rate for their Executive MBA and MBA has been historically under 13%. At first this sounds like a very competitive programme with an acceptance rate comparable that you would expect from a prestigious institution but I think we should take this number with a pinch of salt and add some context. The fact that the programme was initially pitched as a free MBA must have already been appealing to a lot of prospective students, add in the fact that there are no application fees involved (compared to traditional business schools), the degree can be pursued remotely whilst working, the ease of application and chances are that the school successfully attracted numerous qualified and unqualified candidates. Given the nature of the type of service/teaching that the school is offering, I don’t think the acceptance rate can be compared to traditional business schools.

4. So, Is It Worth Enrolling?
I enrolled to their Feb-23 cohort and my first modules will start at the end of November so as I am writing this post, unfortunately I still don’t have enough information to give a definitive yes or no answer. In the upcoming months I should be able to share a bit more about my EMBA journey. I also understand that whether this course is worth it or not depends on the individual student’s goals so I will briefly share with you what attracted me to enrol on the course. Most of my past studies have been focused mainly in improving my technical skills rather than acquiring a general understanding of how companies are managed and run. Recently I have also been interested in entrepreneurship and I wanted to get at least a general understanding of the basics before getting my hands dirty. I thought that the Quantic curriculum covered a lot of relevant topics and I also wanted to try out their new learning style. Having seen the profiles of other students, I suspect that other students might be in a similar situation to me.

5. Conclusion
There is more information relating to Quantic that I would like to share but I will be doing that in future posts along with some updates from my experience. In the meantime if you have any questions feel free to drop a comment. Thank you for reading.

 

 

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