Online MBA Degree Basics

What You Need to Know ?

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.

How much will it cost to earn an online MBA degree?

One online MBA degree can had for $10,000, another for $100,000. The cost of tuition varies substantially from college to college. Pricey doesn’t necessarily mean better (although some of the more expensive schools have some of the best reputations). Your employer may be willing to pay for part or all of your educational expenses, particularly if he or she thinks you’ll be sticking with the company. You may also be awarded grants, receive institutional or private scholarships, or qualify for financial aid.

How long does it take to earn an MBA online?

The time it takes to finish an online MBA degree varies according to the school and the specialization. Some intensive MBA programs can be finished in as few as nine months. Other programs can take up to four years. Adding specializations to a degree can take even longer. Some schools allow students greater flexibility to work at their own pace while others require that students adhere to more demanding deadlines.


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.