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Birmingham City University in the UK will offer a one-year course in Social Media that earns you a Master’s Degree for £4,400. Current Birmingham students think:
“Virtually all of the content of this course is so basic it can be self taught. In fact most people know all this stuff already. I think it’s a complete waste of university resources.”
Indeed it is. Also a waste of money, if you consider the price. After all, you can get a Master’s Degree for $499, (nofollow) without having to fiddle around with any courses whatsoever. Just don’t ask me what you can do with that degree.
Update: apparently early April Fool’s jokes are not that unusual.

( Swiss Universities Handbook – Education in Switzerland )