MBA on Facebook, by London School of Business

These Russian students are pursuing a business degree in a classroom. Why not eliminate the classroom?
(AP Photo/Ivan Sekretarev)

Can't manage time for Facebook and study? Don;t you worry anymore because a British school is now offering a Masters of Business Administration(MBA) course of study on Facebook. The London school of economics launched a new Facebook application for the "Global MBA" enable students from all over the world to access materials from lecture videos, course materials, notes, tests, and interactive case studies, managing director Valery Kisilevsky told the NY Times.

About 30,000 students are already registered for the New Age MBA, and because of trending distance learning the school is expecting the class grow to some 500,000 within a year. Students can take courses various courses via Facebook app, including accounting, corporate finance, ethics, marketing and strategic planning—all for free.

Students will require to pay only for exams. The total cost of the online MBA degree is about $23,000 for regular and distant learning students as well.