You’ve heard of learning about the business fundamentals on MBA programs at top schools like Harvard and Stanford, but have you ever heard about collecting a business education to-go?
The fast-food giant Taco Bell is launching its very own business school for those with a hunger for more than just Mexican-style snacks.
Taco Bell Business School, created in partnership with the University of Louisville and the Yum Center for Global Franchise Excellence, will train selected Taco Bell managers with an interest in franchise ownership and business leadership.
During a six-week intensive course, managers will learn about core MBA topics like entrepreneurship, growth and development, marketing, human resources (HR), and finance.
While popular MBA programs at some of the best business schools can set you back an average total cost of $176k, according to our BusinessBecause Cost Of MBA Report, Taco Bell Business School won’t burn a hole in employees’ pockets since managers will be offered fully funded scholarships.
By offering a cost-effective and speedy business education that managers can study remotely on a part-time basis, Taco Bell Business School is hoping to make the franchise ownership career path more accessible to people from a variety of underrepresented backgrounds.
Mark King, chief executive officer of Taco Bell, says:
“We want to show our ambitious restaurant leaders how their careers could flourish at Taco Bell and see opportunities they may not have previously considered. We want to make foundational changes that positively impact our diverse team members’ growth.”
The move by Taco Bell isn’t the first time a major fast-food chain has stepped into the world of business school courses. Since 2013, Kentucky Fried Chicken (KFC) has partnered with De Montfort University Leicester to offer part-funded business degree courses for KFC managers.
Meanwhile, McDonald’s works with Manchester Metropolitan University in the UK to offer chosen managers a foundation degree in business operation and management.
The Taco Bell Business School, set to launch in February 2022, will be suited to employees with a dream to build their very own restaurant empire and learn from successful franchisees along the way.
But, if you want to develop your management skills outside of Taco Bell and launch a restaurant business of your own, you’ll have to go down the traditional MBA route.
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