Online MBA programs provide the reputation of an MBA degree with the convenience and flexibility of online coursework.
In the times of job loss and
economic recession - as we are now going through a COVID-19 crisis - there has
been a retrograde increase in applications for graduate business school
programs. In times like these, many people would consider investing in their
education to increase their competitiveness, career stability and earning
power. In the past, it has been a full-time MBA program that has seen the most
growth in applications. But what is different this time is the wide
availability and increasing credibility of online MBAs.
Can COVID-19 be a big moment
for online MBA programs? To be sure, online education and especially online MBA
was a growing segment of undergraduate education prior to COVID-19, with a
growing number of very well respected and internationally recognized business
schools already She was offering online MBA programs. Now, amidst our new
reality of indefinite social disturbances, the online MBA may be determined to
accelerate to a new phase of growth and maturity.
Is an Online MBA Right for
You? Potential students who previously considered only in-person programs may
now be warming to online programs, and not just because they are stuck at home.
There are many reasons why an online MBA may be the right fit for you.
If you are considering earning an online MBA, here things
to think about.
1.
Online MBA programs are often cheap
In this new economic
environment, it makes sense to conduct a more rigorous cost-benefit analysis.
However, there are certainly some high-value online MBA programs, with the top
degree maxing out in the US $ 50,000 range, many of them more affordable.
And, the flexibility of an
online MBA means that you can work while also getting your degree.
2.
Online MBA programs provide flexibility
An online MBA program is
suited to your lifestyle and is incredibly flexible.
Complete coursework when and
where it makes sense for you. Do your reading, complete homework or write a
paper in the middle of the night when needed. You will have the option, in many
cases, to choose synchronous classes where you participate in lectures,
seminars and discussions on par with all other students. But there can also be
self-book asynchronous classes that allow you to use course materials at any
time without the need to follow a schedule.
Is an Online MBA Right for
You? If you are unsure whether you are working or not, or if you have a child or
other family member to consider, an online program can provide huge benefits
over a traditional one-time full-time or evening MBA program.
3.
Online programs make up a real-life network
Networking with professors,
other students and industry representatives is an important part of doing an
MBA. In fact, many students say that networking is the primary reason they have
done their MBA. In the past, online MBA programs were rejected by candidates
seeking to develop their networks. But now, thanks to advances in technology
and carefully designed student experiences, online MBA students are able to
build powerful relationships through their research.
4.
Content in online is same as in person
People get MBA for many
reasons. Is your primary objective for human resources ranging from an MBA to
marketing, accounting to financing, to learn new things about business
functions? Is it to build business skills and experience new concepts and
achieve your goal? Are you a marketer to learn more about marketing research or
the latest in consumer behavior? If your answer is yes to any of these
questions, then it would be fair to say that an online MBA should not be very
different or indeed totally different from the experience of a traditional
person.
Actually, many people
actually get an MBA to learn new things. This is, perhaps, the main reason for
pursuing graduate education in any field. And here, the online MBA is no less.
5.
Online stigma is decreasing
The stigma associated with
online learning has been in a slow decline, and we will certainly see an even
faster decline in this new COVID-19 era. While many Ivy League universities may
be slow to adopt online MBAs, there are hundreds of schools that are now
investing in their online programs and ensuring the availability of more online
courses in the coming months.
6.
Is Online MBA right for you?
Only you can decide! If you
are not already considering an online MBA, COVID-19 may take you as a more
serious option. If you were already considering an online MBA, COVID-19
probably makes it an even better choice. With or without the introduction of
corona viruses in the decision making process, an online MBA is an interesting
option that more people should consider. You achieve the same degree in a more
flexible way, at a lower cost. There is a lot to like about it.
Program Finder has over 300
online MBA programs that are best suited for you. Start your business school
journey now!
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