Guide to Schools offering MBA Degrees Online
An MBA degree is both versatile and prestigious. It can lead to senior management positions, higher wages, and better job security. And what a better time than now to earn your MBA. As the job market becomes more competitive, having only a bachelor’s degree may not be sufficient for advancement opportunities.
MBA degrees cover a variety of fields, including:
There are so many directions you can take your MBA degree; it all depends on what you’re most interested in. Yes, there’s competition, but that’s true in any field. But with an MBA, you’ll have the expertise to really succeed in the business world. And now you can earn your MBA online, thanks to modern technology.
Still interested? Let’s look at the advantages to getting your MBA degree online.
Why Get An Online MBA?
There are many advantages to getting your MBA degree online.
An obvious advtange is that enrolling in an online MBA program saves you time. You don’t have to commute back and forth to campus. This can save hours of time, freeing up space in your busy schedule for studying, family obligations, work, and other responsibilities.
Also, online MBA programs save you money. Now that gas prices are so high, more and more students are turning to distance education to save on added expenses.
Another advantage to getting your MBA degree online is that it’s less stressful and more efficient. When you can learn in the comfort of your own home you’re more relaxed, which makes learning more productive. And often, because there are no other students around to distract you, learning is more efficient. You can get more done in less time when you learn online.
Types of MBA Programs
There are several different types of MBA programs. It’s important to realize that not all schools offer the same programs, so make sure to spend time researching your options carefully to find one that fits your goals as well as your schedule.
- Two Year MBA Program – This is the traditional type of MBA program. As you can probably guess, it takes two years to complete.
- Accelerated MBA Program – If you’re in a hurry to get your MBA, then you might want to look at accelerated programs. Here, you’ll earn your MBA degree in 12-14 months. But, be aware that this program has a very demanding schedule. There are no term breaks; you get days off between terms instead of weeks or months.
- Part-Time MBA Programs – Part-time MBA programs typically take three years or more to complete. But, if you’re working full-time or taking care of a family, this might be the perfect pace for you.
- Executive MBA (EMBA) Programs – If you already have a lot of work experience in the business world, you might want to consider an executive-level program. This program allows you to get an MBA in two years while still working full-time. However, the courses are often more rigorous so it’s recommended you enroll in this program only if you have 10 years or more experience in the business world.
Is an MBA Worth It?
Absolutely. According to a study done by Accountemps, a global staffing agency, 80% of the executives they interviewed said that an MBA is still the most relevant degree for senior management positions.
Although getting an MBA degree is expensive, chances are pretty high that you’ll earn your money back and then some once you’re through.
For example, a study done by the Ross School of Business at the University of Michigan estimates that an IT professional with an MBA will earn, on average, 24% more than their bachelor degree-holding counterparts.
According to the Graduate Management Admissions Council (GMAC), most MBA graduates earn a salary of $104,000 or more. With earning potential like that, why not go back to school to earn an advanced degree. An MBA can really pay off, in more ways than one.
If you really want your MBA to pay off, however, it’s vital you choose a reputable school. Going budget, or enrolling in an non-accredited college or university, might save you money in the short-term, but it will definitely hurt you in the long run. Without accreditation, your degree is practically useless. Most experts recommend going to the most prestigious school you can afford, as the reputation of the school has a major impact on the weight of your MBA in the future.
How Our Site Works
We know that sorting through all those online MBA programs can be frustrating, so we’ve done the work for you! We’ve researched different online MBA degrees, as well as the top MBA schools, so all the information is one easy place.
Our site is dedicated to helping you find the right program, saving you time on research and sifting through the many programs available to prospective MBA students. What’s more, you can easily request more information from the schools you’re interested in.
And that’s all there is to it! Good luck, and happy studying!