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Online MBA programs are a popular choice of older adults and mid-career professionals</p>
<p>Online MBA programs are a popular choice of older adults and mid-career professionals who want to earn a degree without sacrificing their career and family life. Online MBA programs are also becoming a fast favorite of the younger crowd, who are looking for ways to earn a graduate degree while keeping their current employment. Many find that online MBA courses offer a flexibility that can't be found in traditional schools.
If you're considering earning an online MBA, make sure you do your homework. Knowing the basics will help you make an informed decision about whether or not these programs are right for you.
How are online MBA programs different from traditional MBA programs?
Distance learning and traditional MBA programs generally share a similar type of curriculum and can be considered equally difficult (depending, of course, on the particular school). Instead of spending hours in class, online MBA students are expected to dedicate their time to studying independently.
Online curriculum generally consists of lectures, readings, assignments, and participation in online discussions.
Some programs also offer multimedia components such as video lectures, podcasting, and videoconferencing. Online MBA students from some programs are expected to physically attend a certain number of courses or workshops in order to acquire residency hours. Required tests can usually be taken with proctors in your own community. Online MBA students don’t spend less time studying than their traditional student counterparts.
But, they are given the power to fit their school hours into their own schedules.
<p>This question deserves a qualified “yes.” There are two main factors in determining a business school’s respectability: accreditation and reputation. Online MBA programs that are accredited by the proper agencies should be respected by your future employers and colleagues. However, there are many unaccredited or “diploma mill” programs that give out worthless degrees. Avoid them at all costs.
A school with a good reputation can also add respectability to an online MBA degree. Much like law schools, business schools receive rankings from organizations such as Business Week that can affect future employment.
Why do people earn online MBAs?
Online MBA students come from all walks of life. Many distance learning students are mid-career when they decide to get another degree. Older professionals with jobs and family responsibilities often find the flexibility of online programs to be a good fit. Some online students are looking for a career change but still want to maintain their current job until they get their MBA. Others are already working in business and earn their degree in order to be eligible for job promotions.
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