The Illinois Board of Higher Education Tuesday approved a Deerfield-based Internet education company’s e-university, which will provide on-line business courses to people all over the world.
Within several months, Cardean University, a subsidiary of UNext.com., will offer on-line programs to the public for master’s degrees in business administration, information management and information technology.
The approval makes Cardean Illinois’ the first all Internet-based college.
The school’s financial curriculum is currently available to corporate participants, but the board’s vote will now make it available to the public, board spokesman Don Sevener said after the meeting at Governors State University.
Each course will cost $500. An MBA with a total of 45 courses would cost $22,500, said UNext.com spokeswoman Jennifer Winick Karras.
Cardean’s courses have been developed in partnership with the University of Chicago, Columbia University, Stanford University, Carnegie-Mellon University and the London School of Economics and Political Science.
