The benefits of procuring a Master’s of Business Administration in management are huge. From a higher-salary potential and marketability, to the confidence felt with skill enhancement, a business professional can enjoy the benefits go on and on, whether advancing in an organization or pursuing a higher station within a new one. While the MBA has long been the standard for business and leadership higher education, exciting online MBAs are being developed and fine-tuned each year by some of the very best business schools in the country. Here are just a few reasons why pursuing an online MBA can pay off in big ways!
The Diversity of Networking within an Online MBA Program
Online MBAs in management not only allow students to sit under the teaching of a seasoned staff of experienced instructors, they literally can bring the world together with a virtual classroom or cohort group consisting of students from across the globe. Want to get a sense for how business is done in Europe, Africa, or even regionally in the Pacific Northwest? The high-quality interactions the distance learner experiences include working on projects and conversing on group message boards with other students working for organizations in those areas. Some of the country’s top-rated online MBAs, including Hofstra University’s online MBA with a focus in Strategic Business Management delivered by the Frank G. Zarb School of Business offer distance learners the option of completing coursework in a cohort-based program. Many cohort groups have proven to provide students with professional working relationships they will maintain for the remainder of their career.
The Cost Benefits of an Online MBA
The natural tendency would be to think that an online degree features more affordable rates than its on campus counterpart. This is not always the case. Many universities receive better tax support when educating local and in-state students. Some online degrees feature higher tuition rates for this reason. The true benefit for the distance learner is often found in the peripherals of continuing education. Online students can save huge on housing and travel costs. For students with well-established jobs within an organization, the idea of needing to start over within a new organization with lower pay can be a major plus for an online MBA. Finally, established parents with children can save big by not having to procure child care over the course of a semester. And while some online MBAs lack a reputation for affordability, the University of Houston-Victoria School of Business Administration’s online Global MBA with a Management specialization is a wonderful exception to the rule. In addition to a very affordable tuition rate, this 30-credit hour program has been recognized by Quacquarelli Symonds as the 30th best on the planet. Featuring a GMAT-waiver option, this excellent program sacrifices nothing in the way of quality for its attractive affordability.
The Relevant Curriculum Found within an Online MBA
The main purpose for many online MBA programs is to equip the student with the tools needed for a successful career in business leadership. The main vehicle the business school will use to effectively do this is the program’s curriculum. While many students are seeking an accelerated experience and some of the nation’s top degrees can be completed in as few as 12 months, each class chosen within an online MBA must be strategically selected to help the student reach this goal. Backed by the stellar AACSB, the School of Business at Eastern Illinois University delivers one of the nation’s top online MBAs with a concentration in Applied Management. This 33-credit hour program is balanced between core courses and Applied Management-specific courses designed to offer the distance learner a solid base of business theory and relevant real-world application. Courses within this excellent program include Strategic Management, International Business, and MBA Special Topics Seminar with a focus on Finance for Start-ups and Product Development and Brand Management.
These are just a few reasons why an online MBA is a viable degree for the manager. There will always be obstacles to confront when considering a high-level degree in management. The benefits in this case certainly outweigh the costs.