The University of Cambridge plans to teach one of the most expensive degrees in the world
The 'Doctor of Business Degree' will be comparable to a PhD program
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.The University of Cambridge has proposed a new business program that may cause some sticker shock.
The four-year course is a doctorate of business and will cost students roughly £230,000, as Times Higher Education reported. Not including room and board, that makes it one of the most expensive degrees in the world.
The “Doctor of Business Degree” will be comparable to a PhD program, a representative for Cambridge told Business Insider in an email, noting that it's still subject to approval.
“The four-year programme's annual fees are comparable to leading Executive MBA programmes, while also reflecting the fact that the programme will be very small and selective, demanding substantial resources for intensive teaching and support services,” the representative said.
For comparison, the Wharton School of the University of Pennsylvania has a two-year executive-education program that runs students $192,900. The London Business School has a 20-month-long program that runs students 72,795 pounds, or $106,328.
The University of Cambridge's massive price tag has already led some faculty members to implore the school to think through the implications of creating the new course.
“Where is the intellectual justification for this departure into new doctoral territory?” asked Gill Evans, professor emeritus of medieval theology at Cambridge, according to Times Higher Education.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments