It does not mean that quality will be low if the tuition fee is low. I have seen their website and found that they have small class sizes, variety of teaching approaches, international focus with exchange programs.

They have stated that they apply progressive course structures and high academic standards to produce highly skilled graduates capable of competing in the global marketplace.

MBA from Memorial University of Newfoundland

Teaching approaches and methodology

MBA courses are taught using a combination of teaching styles to engage students and encourage their participation. The small classes allow for enhanced student-faculty interaction and greater personal instruction. A mix of part-time and full-time students enhances classroom discussion. This combination strengthens students’ communication skills and develops a broad knowledge base in our graduates. Teaching approaches are various and include case studies, role playing, lectures, research projects and interactive simulations.

Faculty profile

Number of faculty: 50
Percent with PhDs: 85%
Percent with industry experience: 80%
Percent with international experience: 70%

Participant profile

Full-time students: 41
Part-time students: 93
Applications per year: 140
Accepted per year: 80
Enrolled per year: 65
Average GMAT score: 590
Male|female: 52%|48%
Average work experience: 6 yrs
Class sizes: 10-40
Average age: 29

Source: http://www.business.mun.ca/programs/graduate/mba.php