The advantage of attending school online is the fact that you can obtain your MBA in much less time than it would take at a traditional school. In some instances, the online MBA program only lasts 11 months. In others, you will be required to spend two years in school, but this is shorter than the three years it would take at a traditional institution.
No Geographical Restrictions
Online education has another advantage. Online schools are located in different areas of the country, but you can attend any one of these educational institutions whether you live near the city or not. Therefore, if the schools in your area only have three-year programs, you have the option of applying at a school that is in another state.
No Time Restrictions
Although each individual school develops a curriculum that is meant to last a particular period of time, you will not necessarily have to follow this time-table. For example, you found an MBA program that appears to be very promising, but you do not wish to spend two years completing it. Because you will be studying online, you will be able to set your own pace. This means that you can choose to take more courses within a quarter or semester than students ordinarily do at on-campus schools. When students apply themselves, they can finish a two-year program in only one year.
Accelerated MBA Programs
Another way to shorten the time needed to complete an MBA is to apply to an accelerated program. The accelerated program makes it possible to condense your entire curriculum into one that lasts between 11 and 16 months. In regular online and traditional programs, a semester lasts 16 weeks, and a quarter lasts 12 weeks. In accelerated programs, courses can be as short as six weeks or as long as eight. This option allows students to take more classes throughout the year so that they can finish their coursework early.
The accelerated option is perfect for someone who does not wish to spend a long time in an MBA program, but potential students must be willing to work harder than they ordinarily would in a traditional program. This can be difficult for those who are currently working.
Administrators advise prospective students that they will need to devote between 30 and 35 hours per week to their studies. With such a short amount of time to complete your coursework, you will need to be able to organize your time very well. You will have strict deadlines to meet, and you will need to make sure that everyone around you understands what you are doing and is supportive. If you apply for an accelerated program, it will be excellent training for when it is time for you to tackle a business project in a leadership role.
Dual MBA Programs
If you have more time to devote to your studies, you may wish to enter a dual MBA program, and many educational institutions offer them online. One option is the MBA and the Juris Doctor. Another is the MBA and the master's degree in public health.
Contrary to popular belief, a dual MBA program does not require twice the amount of time that is needed to complete one master's degree. Dual MBA programs are intensive and extremely challenging, but students can complete them in about two years.
In many cases, it is imperative to have a master's degree if you wish to continue to advance in your career. Online MBA programs are much more convenient and shorter than traditional programs, so you are in the right place if you need a course of study that will take you where you want to go in the least amount of time.