Create your own MBA

It really is a great idea, and one that could only exist in the world of the web: to create and lead a community in which a $50,000 MBA program is broken down into core texts, forums, and personal coaching that gives the content of a full studied course at a fraction of the price. And that’s the story behind The Personal MBA.

The democracy afforded by the internet is wonderful. Seth Godin started his own MBA as well and, whilst neither of these courses necessarily pass the ‘gatekeeper’ test of having official certification at the end, the information to be gleaned is invaluable. No, neither are a ticket into the higher corporate echelons like a Harvard Business School MBA would be, but they do provide you with the information necessary to succeed.

Which makes you question the whole purpose of business school; do you pay $50,000 for education and knowledge, or – as one of my tutors has put it in the past – “access to people” and the chance to create a network? As The Personal MBA shows, you can have the education for (to paraphrase for a moment) the cost of $1.50 in late charges at the public library.