A business education is a big investment of time and money, so it’s important to choose the program that will help you achieve your goals. Here are five factors to consider as you narrow your MBA online options:
The biggest reason students enroll in an MBA program is they need it to fit their life and work schedules. An online MBA offers the flexibility to log in from anywhere and do coursework on a time that works for you. You’ll still need to commit to studying on a regular basis and keeping up with assignments and lectures, but the convenience of an MBA online program can make it easier to manage your time.
Some online MBA programs allow you to work alongside a group of peers and professors on the same path through the curriculum, forming connections that can benefit your career after graduation. This cohort format is more common among traditional on-campus MBA programs, but some schools now offer it in their online MBAs.
Most MBA classes are conducted through a learning management system, or LMS, that provides access to a virtual classroom. Typically, the system features text chat windows, audio discussion forums and interactive video sessions as well as online textbooks. Some systems also provide options for asynchronous communication, where you can submit your work without having to be online at the same time as your classmates.
The prerequisites for MBA programs vary, but almost all schools require a minimum GPA and professional experience. Those looking for a faster track may want to consider an accelerated program, which allows you to earn your degree in less time. Scholarships, grants and tuition assistance can help offset the cost of an MBA. mba online