Online MBA Programs & Degrees
Earning an MBA through distance education
Online MBA programs are designed for individuals looking for convenience and flexible study to learn about business, leadership, innovation and entrepreneurship through a course of study offered by distance education.
Find your online MBA program
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Through MBA online programs, business professionals are able to earn an MBA without leaving their current job position or compromising their family situation.
An MBA remains one of the most sought after education level to attain in the field of business. This is because an accredited MBA degree is a globally recognized qualification and no other degree or credential can prepare you for business in the real world like a Master of Business Administration. It lets employers know that they can have confidence in your management and leadership skills.
In addition, an MBA offers a general (rather than specialist) perspective, along with well-rounded knowledge and skills that can open doors to higher levels of responsibility, including opportunities in management and higher-level positions.
Online MBA programs can be earned through general business classes (general MBA) or a specialized field, or concentration such as accounting MBA, business MBA, finance MBA, human resource management MBA, marketing MBA etc. As in any master's program, students enrolled in online MBA programs may be able to tailor their degree to fit their own goals and career aspirations.
The steps leading to an MBA
Online MBA programs are graduate degrees, thus requiring candidates to already have a bachelor's degree prior to applying. There are also options for enrolled undergraduate students to earn an undergraduate degree and an MBA in a combined manner.
One of the main perks of MBA programs is that they attract students from various disciplines; unlike more specific degrees such as Psychology for example, the field in which you earned your undergraduate degree does not impact your eligibility to pursue an MBA degree online.
Choosing a distance learning MBA program
An MBA curriculum and the cost of the program will vary across online MBA schools. Other factors such as the reputation of the school you attend and the program accreditation may also affect the total cost of the program and the employer's perception of your online MBA degree.
There are a number of online universities as well as traditional campus-based colleges currently offering online MBA programs. If you're considering earning an MBA online, a few factors to consider include:
- University accreditation - is the schools accredited either regionally or nationally? First, earning an MBA from a college that is not accredited is not a valuable credential to most employers. Second, financial options are only extended to accredited schools, so if you wish to offset some of the costs associated with your graduate study through financial aid; make sure you attend an accredited online school. And because not all accreditations and accrediting bodies are legit, you can verify a college's accreditation by looking it up at the US Department of Education or Council on Higher Education Accreditation's databases.
- Tuition assistance - some corporate employers will offer tuition assistance to employees wishing to pursue their MBA online through an accredited college or university.
- Program accreditation - apart from a college's regional or national accreditation, most colleges also have specific accreditation for business programs. Accreditation Council for Business Schools and Programs (ACBSP) is a top and nationally-recognized organization that supports excellence in business education and MBA's with this accreditation are highly recognized by most employers and recruiters.
- In choosing an MBA by distance learning, make sure the program meets your needs as far as schedule, cost, career goals, college reputation, program concentration and expectations. It's important to know if the program will be looked upon favorably by employers. You can get further assistance by interacting with careers advisors at your prospective online college before you enroll.
- Program duration – although most online MBA programs take less than two years to complete, some colleges have the option of accelerated MBA online programs which can save you time and money.
- Residency requirements – in addition to online classes, some online MBA programs have face-to-face residency requirements which will require you to find time within your schedule and program, to travel to specified locations and meet with other students in the program and faculty to learn and network.
What type of MBA can you earn online?
- Regular MBA: is a general MBA program offering advanced management concept to learners aspiring for management and leadership positions. No specialization is required.
- Two-year full-time MBA: This is a regular MBA that can be earned in two years. Students wishing to obtain their MBA in that timeframe will have to enroll in full-time studies, as opposed to part-time while combining work and other engagements.
- Accelerated MBA: Available to dedicated and independent students wishing to jumpstart their careers, online accelerated MBA programs can be completed in 10 to 15 months.
- Part-Time MBA: These programs are widely popular for working professionals wishing to combine work and education all at once. Part-time opportunities are available through the majority of online and traditional schools and require less intensive commitment, with completion time exceeding two years of study.
- Executive MBA: These programs are offered to working executives who have had prior experience in managerial positions and wish to combine work and education in a program of study that can be completed in two years or less while keeping full-time employment.
- Dual MBA: Dual degrees are the perfect opportunities to combine two related disciplines in one program of study. Many students choose this option to earn both an MBA and a Master's degree in a different specialization, for example, an MBA and a Master of Science in leadership.
MBA Degree Online Specializations
Earning an online MBA to further your career
Earning an online MBA is a golden opportunity to further your career and open doors to more opportunities. Working professionals with an MBA are much more likely to be appointed in management positions or end up CFO or CEO of a company - if not their own company.
Regardless of your current profession, the valuable knowledge you will gain by completing a distance education MBA program will put you ahead of the competition and make you a valuable member of any professional team. Considering individuals with an MBA are often employed in positions with a corresponding salary of over $100,000 annually, having an MBA is a worthwhile investment to make for a great future and a solid career.
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