More and more people are enrolling in online MBA degree programs. A lot of University’s notice an increase of at least 50% in their applications for online Masters of Business Administrations programs. Wondering if you should apply for a on-campus MBA or if an online MBA degree might be the smarter choice? Below we’ve listed 4 benefits.
Combine Work with Study
For one thing, you don’t have to quit a job you already have to get your MBA. An online option provides maximum flexibility for a student. If you are on the road a lot, because of work, you can do your classwork and assignments from anywhere, including an airplane equipped with Wifi or a hotel room.
On top of that: you can complete the program in your own time. You can follow the accelerated program and get your degree in approximately 12 months or spread the workload over several years if you have to combine your career goals with other life goals, like getting married and having (and raising) kids.
Online MBA costs
For future students concerned about tuition costs: MBA’s can offer great value in terms of base cost. Make sure to research your options, because there are big differences. You can find accredited online programs starting at $5,000 a year, but there are also programs where tuitions fees can be as high as $50,000 dollars.
If you’ve decide to pursue an MBA, you need to choose between a general and a specialized program. Both offer interesting benefits, depending on what you hope to accomplish professionally. If you’re working in a specific branch, it might be better to choose for a MBA which specializes in, for example, health care or accounting. Why? This way you focus on more related subjects instead of (only) general subjects.
Recommendation & Outcomes Graduates
What’s more, the satisfaction levels of online MBA programs are quite high. Research shows that graduates recommend online programs to friends & family and gave their programs an average score of 9,22. Some University’s received an almost perfect score (9,6-10,0). Many graduates of online MBA programs are reporting positive outcomes immediately after getting their degrees. Graduates see an increase of +29% in their salary, receive promotions or started new jobs (+76%)
In short: If you can’t or won’t quit your job and want an MBA degree, an online option is a great opportunity to do it on your time. It’s important to do your own research as well. Don’t know where to start? Explore our relevant searches below.