Top Online MBA Programs
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Online MBA Programs
The decision to pursue a graduate degree is growing more common than ever before. This is great, because we all benefit from a more informed and intelligent society, but with this higher standard accompanies a slightly negative aspect as well. Unfortunately, when something becomes more common, it also tends to become less valued and more competitive. Whereas, twenty years ago, it was sometimes viewed as excessive or less common to pursue a Master’s program, today, many businesses and careers require that employees have a post-graduate education. It is important to remain competitive in your career and profession in order to remain a valued asset to the company you work for. If returning to school full-time to obtain an MBA does not fit your schedule (or wallet), then the best alternative is to pursue a higher education through one of the many online MBA programs now available.
The Value of an Online Education
When the opportunity to expand one’s knowledge and understanding of business is not motivation enough to choose to pursue an MBA degree, then the following trends should help to encourage the decision. Reports have shown that companies pay an average of 50 to 150 percent more in starting salaries to MBA graduates when compared to graduates with an associates or bachelors degree alone. This same pay difference is reported in increased pay and job-promotion opportunities available to many existing employees who complete MBA programs, while working for a larger business. These trends are staggering! By investing a little more into your education, you could increase your salary by as much as 100 percent.
The reason for this trend is obvious but should be mentioned. Employers are looking for competent and motivated employees to lead their companies. Not only does an MBA degree signal to en employer that you are intelligent, but maybe more importantly, an MBA degree signifies to your employer a dedication and ability to grow and improve.
One advantage to consider that may help motivate you to consider seeking a degree from one of the many online MBA programs, is that the cost of these online programs is often substantially less than comparable, conventional, on-campus programs of equivalent value. The reduced cost of these programs is not attributable to a decrease in quality. The decreased cost is a result of less overhead and lower teaching costs for the universities offering these programs. On average, these online programs can range from as low as one third, to one half of the cost of conventional schooling, but offer similar boosts to potential earning power, and knowledge level in business.
The Quality Online MBA Programs Offer
One of the great advantages of these online MBA programs is that they give students greater flexibility of time and resources, while still offering a quality education. The courses offered in the programs are generally taught by the same full-time professors who teach the full-time students on campus. This means, that much of the same material and teaching resources available to on-campus students, is at your fingertips, without you having to spend all of your time in a classroom setting. The best online colleges and universities will try to make the online experience as similar to the on-campus experience as possible when it comes to topics covered, and knowledge gained by students. It is important to note that technology has been a major component to the success of online MBA programs. Many technological breakthroughs have enhanced the online experience to be more comparable to in-class teaching. Web-conferences and instant messaging are just two tools that universities and professors have implemented to enable greater communication and clearer feedback between professors and online students. Interactive learning tools are also used, which help involve multiple learning techniques so that online students are able to learn the material in a way that makes most sense to them.
Find a Program that Suits You
Probably one of the most important things to consider when deciding whether or not to get an MBA degree is, what is it that you want to accomplish with it. An MBA degree will empower you to excel in your career and climb the corporate ladder by leaps and bounds rather than rung by rung. The online MBA programs available today make this pursuit both possible and economical. An online MBA degree will show to your current employer your high level of commitment and dedication. While an online degree is not easy to earn, it is worth it. Even if you are burdened with a full workload, or family responsibilities, your goals are attainable. While these obstacles can present a challenge, and the program will require a lot of work, the reward will be greater respect, self worth and a sense of accomplishment, and likely years of increased earnings over time. Stay focused and determined, and don’t be deterred from seeking a degree from one of the many online MBA programs available to you. Begin to take action, and budget your time. A commitment of just a few hours a day could lead to the achievement of all your education goals.