Online MBAs have exploded in popularity recently and this creates a bewildering array of choices for students whose default choice would usually be to attend a brick and mortar school.
Many are still getting acquainted with the idea of online education, and some may have legitimate concerns about the validity of these programs.
However, online education has greatly evolved since its inception and there is a wide number of legitimate business schools offering online MBAs nowadays.
Online MBAs have tons of benefits over traditional MBAs, and accredited online courses get the same amount of recognition. Here are a few reasons why you should consider getting your MBA online.
One of the biggest advantages of online MBA programs is the time savings. One of the ways it allows you to save time is by allowing you to attend classes online no matter where you are. You don’t have to travel to and from classes. You can connect with teachers, classmates, and tutors online instead of trying to arrange to meet them in person.
Online programs can help you save time in other ways. For example, many online MBA programs let you skip the GRE or GMAT. Many can be completed in 12 to 18 months, while a few degrees can be completed in as little as nine months. Finishing a few months sooner allows you to move into a higher paying job sooner while reducing the cost of the program.
The Cost Savings
MBA programs can cost a lot, and these costs are not only limited to tuition. If you were considering earning an MBA from an internationally recognized school abroad, an online MBA program saves you even more money.
Schools like Kettering University Online, for instance, allow you to get a US MBA no matter where you are on the globe. You don’t have to quit your job and pay for accommodations overseas, and you won’t need to pay to travel to campus to attend lectures and seminars. One of the reasons working parents are attracted to online programs is that they can often attend classes from home, eliminating the need to pay for childcare on top of their tuition.
In many MBA programs, you can adjust how many credits you take per semester. This may allow you to continue working or growing your business while earning your MBA. It may also allow you to cash-flow your education because you can continue taking classes at the rate you can pay for them. Furthermore, you can control how long it takes you to complete the program.
MBA programs are often flexible as to when you join a class. Many programs have a mix of appointed class times and asynchronous learning, modules, and material you can review on your own schedule. This makes it easier to fit your learning into a business schedule. For example, you could take MBA classes online on your lunch break.
Online education is available to you no matter where you are. You can connect to your classes when you’re on a business trip, taking a family vacation or you need to move for work. On the flip side, you don’t have to relocate to earn a degree from a prestigious school.
Some MBA programs allow you to take classes in one-month intensive sessions. If you need a month off to focus on family or career, don’t take any classes that month. You can also choose a program whose start date fits your schedule.
The Mastery of Advanced Technology
Online classes require more than watching an online video. You’re going to use a variety of online platforms to engage with interactive content. You’ll connect with others via a variety of tools from online meetings to feedback systems to instant messaging tools that let you connect with others. You’ll end up mastering the technology that’s the backbone of many high-tech workplaces in addition to the MBA content.
And don’t assume that you won’t be able to interact with other students or your teacher as easily as you would in a traditional setting. Quite the opposite, actually. You might find out that your teachers will be even more accessible online and willing to answer your questions. Teachers in online classes will usually give you the opportunity to contact them whenever you wish through email and answer your concerns fast. So, you could get more accessibility through online classes.
Online MBAs also have the tendency to attract a very diverse crowd. You’ll have the chance to rub shoulders with ex and current business owners trying to get or further their education, single parents, international students, and heads of industry. This type of diversity will expose you to a variety of perspectives and opportunities. It will also allow you to connect and network with people from all walks of life and businesses.
You’ll Become Better at Your Craft
Online MBAs are ideal for business owners who still want to be able to run their business and want to take it to the next step. At the end of the day, an MBA will always give you an advantage in the world of business and will allow you to forecast better, improve sales, make better decisions, and be more independent.
Being able to complete your MBA on your own time will allow you to gain all of these skills in the time you want. It will also allow you to connect with people who might be related to your industry who’ll be able to guide you and give you specific advice. Or you could have access to case studies either closely or directly related to your line of business. Getting an online MBA is the best way for any busy entrepreneurs to expand their skill set, and get the skills needed to increase their chances of success.
Earning an MBA has long been a way to advance your career. This remains true with an online MBA. But online programs provide many advantages the traditional brick and mortar schools can’t provide. So, make sure that you weigh these, and consider if going for an online MBA could actually be a better decision for you.