The tuition is more than twice what another program in Singapore would have cost, she said. In the program, two professors will fly from Chicago to Singapore once every six weeks to teach five days of intensive classes in mar- keting or finance and then return to the United States. That schedule, which is similar to the university s Barcelona program and Duke s in Frankfurt, contains potential problems for both the stu- dents and faculty members. Schools, meanwhile, have to con- vince their professors to fly halfway around the world every year to keep the programs afloat. The programs can become a large new revenue stream for the schools, however.
Deans say that most of the dif- ference covers additional lodging and technology costs.
Still, the numbers can quickly become attractive for academic institutions. There are intangible benefits, too, deans say. Without the con- tinuing boom in foreign applicants, particularly from Asia, the drop would be even steeper.