2013년 11월 28일 목요일

About 'mba degree program'|The Benefits and Drawbacks of MBA Online Degree Programs







About 'mba degree program'|The Benefits and Drawbacks of MBA Online Degree Programs








               Interest               in               MBA               programs               overall               has               remained               steady               over               the               past               several               years,               but               interest               in               the               traditional               full-time               two               year               MBA               has               decreased               significantly.

According               to               a               survey               conducted               by               the               Graduate               Management               Admission               Council,               only               28%               of               full-time,               two-year               MBA               programs               reported               application               volume               going               up               in               2011.

In               the               same               report,41%               and               45%               respectively               of               part               time               and               online               MBA               programs               reported               increases               in               admissions               volume.

Clearly,               many               prospective               students               are               dismissing               the               full-time               MBA               as               a               viable               option               for               their               degree               and               are               turning               to               part-time               and               online               MBA               programs               to               improve               their               skills               and               boost               their               resumes               in               a               difficult               job               market.
               According               to               mbaapplicant.com               ,               the               typical               MBA               applicant               at               Duke               University               is               28               years               old               and               has               almost               6               years               work               experience.

The               age               range               of               applicants               to               Arizona               State               University's               MBA               program,               according               to               gmatcat.com               ,               is               25-34.

People               fitting               this               profile               sometimes               find               it               extremely               difficult               to               justify               taking               two               or               more               years               away               from               their               careers               and               families               to               pursue               a               MBA               degree.

For               that               reason,               more               and               more               colleges               and               universities               are               offering               flexible               part               time               programs               that               are               administered               in               part               or               fully               online.

Here               are               five               reasons               why               an               online               MBA               program               might               be               better               than               an               on-campus               MBA.
               Reason               #1               The               Opportunity               to               Shop               Around
               If               you               choose               to               participate               in               a               full-time               or               part-time               MBA               program               in               an               on-campus               setting,               you're               limited               in               options               to               your               geographic               location.

If               you               plan               to               keep               your               job               and               work               on               your               MBA               on               campus,               you're               limited               to               schools               within               a               reasonable               commuting               distance               from               your               home.

If               you               choose               to               suspend               your               career               to               pursue               a               MBA               full               time,               you'll               either               have               to               choose               a               school               close               to               home               or               relocate               to               a               location               near               the               campus               you've               chosen.

You'll               also               likely               have               to               relocate               again               once               you've               graduated               and               returned               to               your               old               job               or               a               new               one.
               Online               MBA               degree               options               allow               you               to               evaluate               hundreds               of               options               from               around               the               country               or               even               around               the               world.

This               flexibility               makes               it               possible               to               find               a               program               that               fits               your               exact               needs.

In               most               cases,               multiple               programs               fitting               your               requirements               will               be               available               which               gives               you               the               opportunity               to               choose               the               best               cost               option               and               not               comprise               on               your               desired               features.
               Reason               #2               Travel               is               Not               a               Problem
               As               we've               already               seen,               most               people               interested               in               pursuing               an               MBA               are               already               well-established               in               a               career               path.

In               fact,               most               part               time               or               executive               MBA               programs               require               3-8               years               of               post               baccalaureate               business               experience.

Naturally,               many               of               these               business               professionals               travel               frequently               on               business.

This               can               be               a               major               disruption               to               their               studies               in               an               on-campus               MBA               program.

Missed               classes               due               to               travel               make               life               difficult               for               the               student,               their               instructors               and               classmates,               particularly               when               it               comes               to               group               projects.
               With               an               online               program,               extensive               travel,               even               if               it               is               for               extended               periods               and/or               international,               is               usually               not               a               problem.

Most               of               these               programs               allow               you               to               study               on               your               own               time               and               you               can               complete               your               studies               and               classroom               interaction               any               time               of               the               day               or               night.

Being               able               to               complete               your               assignments               from               a               hotel               in               London               or               Shanghai               is               a               huge               advantage               of               an               online               program               for               the               frequent               business               traveler.
               Reason               #3               Relocations               Aren't               an               Issue
               Another               common               reality               for               the               middle               manager               looking               to               move               up               is               relocations.

Depending               on               your               industry               and               the               nature               of               your               business,               frequently               relocating               in               order               to               pursue               new               opportunities               may               be               part               of               the               job.

Obviously,               relocations               can               be               difficult               when               pursuing               an               on-campus               MBA.

Most               MBA               programs               place               limits               on               or               refuse               to               accept               transfer               credits               so               a               mid-MBA               relocation               opportunity               may               force               you               to               make               a               difficult               decision               on               whether               to               continue               your               studies               or               take               a               new               career               opportunity.
               Reason               #4               International               and               Experienced               Classmates
               For               some               of               the               same               reasons               we've               already               discussed,               online               MBA               programs               are               attractive               to               two               very               specific               groups               of               people,               international               students               and               older               students               with               more               practical               business               experience.

Both               of               these               groups               can               contribute               significantly               to               your               MBA               experience               as               you               interact               with               students               with               extensive               business               backgrounds               of               their               own               and               students               who               bring               a               different               perspective               based               on               the               language,               culture               and               business               practices               of               their               native               country.

Writing               for               CBS               Money               Watch,               Maggie               Overfelt,               quoted               Bernard               van               der               Lande,               a               Fortune               500               Recruiter,               as               saying,               "You're               sitting               in               Michigan               and               you               have               to               work               a               case               study               with               someone               in               the               Middle               East               and               someone               from               China-that's               Fantastic.

Corporations               that               do               international               business               want               folks               who               can               see               the               world               from               a               global               point               of               view."               Similarly,               older,               more               experienced               classmates               simply               have               more               to               contribute               than               their               younger,               less               experienced               colleagues.

In               the               same               article,               Associate               Dean               for               Executive               MBA               programs               at               Duke's               Fuqua               School               of               Business               said,               "A               40-year-old               manager               brings               a               lot               more               to               the               table               than               a               28-year-old."
               Reason               #5               You               Don't               Have               to               Compromise               in               Quality
               Lingering               stereotypes               of               "Diploma               Mills"               still               haunt               the               online               MBA               industry,               but               that               is               rapidly               changing.

Many               top               brick               and               mortar               business               schools               have               entered               the               online               market.

This               trend               brought               a               dramatic               increase               in               acceptance               of               online               degrees               as               legitimate.

Several               top               20               schools               from               Business               Week's               B-School               Rankings               have               added               online               options.

A               few               examples               are               Indiana               University's               Kelly               School               of               Business               (#19),               Duke               University's               Fuqua               School               of               Business               (ranked               #6)               and               Canrnegie               Mellon's               Tepper               School               of               Business               (#15).

These               programs,               in               addition               to               those               from               well               respected               universities               such               as               Arizona               State               University,               The               University               of               Florida               and               many               others,               are               all               accredited               by               the               AACSB,               widely               considered               the               gold               standard               accrediting               agency               for               business               schools.
               In               all               of               these               programs,               the               degree               and               diploma               you               receive               is               exactly               the               same               as               the               ones               issued               to               students               completing               the               on-campus               part-time               or               full-time               MBA               program.

As               long               as               you               stick               to               well-respected,               accredited               schools,               you               can               confidently               expect               that               your               degree               will               command               the               same               respect               as               one               earned               on               campus.
               Not               only               is               pursuing               your               MBA               through               an               online               MBA               program               a               legitimate               option,               if               any               of               the               above               reasons               apply               to               you,               it               might               actually               be               your               best               option.

To               explore               a               wide               variety               of               online               MBA               programs               visit               www.geteducated.com               or               www.mbaonline.com.







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