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The legendary former GE CEO says he knows a thing or two about management, and for $20,000 you can, too

A corporate icon is diving into the MBA world, and he’s bringing his well-documented management and leadership principles with him. Jack Welch, former CEO at General Electric and BusinessWeek columnist, has announced plans to start an MBA program based on the business principles he made famous teaching managers and executives in GE’s Crotonville classroom.

The Jack Welch Management Institute will officially launch this week, with the first classes starting in the fall. The MBA will be offered almost entirely online. Compared to the $100,000-plus price tag for most brick-and-mortar MBA programs, the $600 per credit hour tuition means students can get an MBA for just over $20,000. “We think it will make the MBA more accessible to those who are hungry to play,” Welch says. “And they can keep their job while doing it.”

For reading the complete article go to Business Week

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