It takes time and hard-earned money to get your MBA degree.
Working professionals don’t want to give up their paying jobs. Moms and dads can’t sacrifice precious time with their kids when they return from the office. Students need to pursue internships for valuable career-building and networking opportunities.
For many people, the barriers to obtaining an MBA seem insurmountable.
Knowing business administration skills may hold the key to a pay raise or better career opportunities – but not being able to actively pursue those skills – can be demotivating. People feel stuck with no options to get the knowledge they want and need.
Edouard Blin, CEO of MyLeanMBA, has a solution for these people. The former equity derivatives trader (for Société Générale CIB in Tokyo, and Spanish bank BBVA in Madrid) faced these same barriers when considering an Executive MBA program at IE Business School in Madrid. He knew he wanted a career change. Giving up his well-paid job for a full-time MBA was not an option. And he wasn’t sure if he really wanted to give up precious time with his two young children (plus extracurricular activities, travel, etc) to get the business knowledge required for this pivot.
So, he dove head-first into entrepreneurship. Two years after coming up with his first idea (to create an original learning management system), MyLeanMBA was fully conceived. This startup offers an accelerated, online program in business administration called The Lean MBA™.
Instead of costing students thousands of dollars, The Lean MBA costs only 299€ ($315-320) and is an affordable substitute (or complement, as an “appetizer”) for traditional MBAs. The barrier of high tuition, thus, has been removed.
Its 1-year, online format allows people with jobs and busy social lives to study whenever they have time to spare. The Lean MBA only requires 15-30 minutes of study per day.
The program content is curated by PhDs, professors and industry experts in each business administration area. Lessons are interactive and fun while still retaining a high quality.
Furthermore, The Lean MBA is open to everyone – it does not require GMAT scores, essay submission, or letters of recommendation.
The Lean MBA program is in-between a MOOC and an MBA degree. Like a MOOC it offers a low daily time commitment, affordable price, open admission, and online format. But as with an MBA, it features an extended dedication to learning (1 year), the core modules of business administration (see the full curriculum), and a network of motivated students.
Edouard set out to make a career pivot, and he did. He is now an entrepreneur, CEO, and former investment banker. Through his startup, MyLeanMBA, he is making higher education in business administration more accessible and affordable to everyone than ever before. Discover The Lean MBA!