Distance learning resources for business management courses, degrees and continuing education. more »
A great MBA program is not defined by its rankings alone. There are an endless number of components that comprise a stellar program. more »
An executive MBA program is an advanced business program, designed for executives and individuals in upper-level management positions. more »
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What is an Online MBA?
An MBA is a master’s degree in business administration, and is best suited for applicants who are considering to pursue a career in business or to qualify for upper-level and management positions. MBA programs are offered at a variety of schools, and students can choose to pursue specialization in a field of study, such as marketing, global business and management science. MBAs are available in a wide variety of programs. In addition to full time and part time programs, online MBAs are a popular choice among many students.
There are a variety of reasons why applicants will pursue an online MBA degree. One of the primary reasons is to further a career in business and increases their opportunities for a higher salary and executive positions. Many higher level positions offered by companies require that applicants possess a MBA degree. In addition, there are a variety of benefits in obtaining a MBA online. A major advantage of the online MBA arises from flexibility. Oftentimes, students are conflicted with number of responsibilities, including families or a full time job. Therefore, obtaining an MBA degree online is highly beneficial for applicants considering a business career.
Tips to Choosing MBA Programs
Prior to choosing a MBA online, the prospective student should first consider a variety of factors. Every online program will have different requirements and aspects, and it is up to the individual to determine which program is best for them:
Generally, MBA programs offered at colleges are expensive, with tuitions ranging from $40,000 to $60,000 a year. However, MBAs online are a cost-effective, affordable option. Though the prices of online MBAs will depend on the institution and length of time, they are generally a valuable alternative to a MBA obtained at a college. For individuals that are experienced financial difficulties, there are a variety of financial aid programs available. To explore the multitude of programs available, the US Department of Education provides a wealth of resources.
The best online MBA programs, offered by top-tier colleges, will generally have very stringent admissions requirements. However, you don’t need to enroll in a top program in order to obtain a quality education. There are online programs offered by a wide variety of colleges, all at affordable tuitions. There are several requirements that must be met in order to be considered for an online MBA. Most MBA programs will require that the applicant obtain several years of work experience before applying. In addition, applicants also need to have a GMAT or GRE score, recommendations and a resume.
Even with their relative flexibility, online MBA programs are a considerable time commitment. Programs that last one or two years are not advised for individuals with a full time career, as it may be difficult to juggle between the two. However, online MBA programs can be taken according to the student’s schedule, thus easing the burdens of an online MBA education.