Estimated reading time: 3 mins
Getting an online MBA is an excellent way to boost your career prospects. But you must make sure the program is accredited.
Recruiters know that MBAs from reputable programs are well-prepared for their work. They also understand that the degree will help them to be productive in a remote environment.
Accreditation
Choosing one with AACSB accreditation is crucial when seeking a quality online MBA program. This elite status sets a high bar for academic excellence and ensures graduates have the knowledge and skills to become influential business leaders.
In addition to meeting general academic standards, online MBA accreditation conduct extensive research on topics like student learning outcomes. The results of this research are then published in academic journals and shared with the business community. This is essential to the process because it helps other schools improve their teaching practices.
AACSB-accredited MBA programs must also demonstrate their ability to serve online students. This includes having qualified faculty, technological infrastructure, and a dedicated distance education office. In addition, specialized and programmatic endorsements from other accrediting agencies can add value to an online MBA. These endorsements are typically obtained during the accreditation process’s self-study or peer review phases.
Credibility
Obtaining an MBA from an accredited institution is a strong signal to prospective employers that the graduate received a thorough education. Accrediting agencies codify objective standards and visit schools to ensure they meet these requirements. Additionally, these agencies evaluate teaching staff to ensure they meet academic standards and contribute to business research.
An online MBA can be an especially valuable credential for a student juggling work, family, and other obligations. Moreover, many of the best MBA programs are designed to be collaborative, with students interacting with each other through discussion forums and video conferencing.
Online MBAs are gaining traction as an increasingly valuable credential as the business world moves toward a more remote workforce. One recent survey found that 75% of recruiting companies were fine hiring candidates with an online MBA degree. This represents a significant increase from the 34% of recruiters with such concerns in 2013. This is primarily due to the increasing number of online, highly reputable MBA programs.
Flexibility
Choosing an MBA program is challenging, and for many, adding a graduate degree to their hectic schedule seems daunting. Online MBA programs can remove some of the barriers that prevent students from pursuing their career goals.
The main difference between a traditional and an online MBA program is the curriculum’s structure. Traditional MBA programs require that students attend classes during the workweek at a convenient professional time. Online MBA programs are designed to allow students to manage their schoolwork around the demands of their daily schedules, which is ideal for working professionals and parents.
The online MBA curriculum is asynchronous, meaning that coursework can be completed any time of day or night and from anywhere in the world. This means you can watch a lecture video during your lunch break and participate in a discussion from the comfort of your home at night.
ROI
When investing, ROI is a standard metric for evaluating potential returns. It is the measure of the cost of an investment versus the revenue that it generates. It’s also a valuable tool for students considering an MBA, as it helps them decide whether or not the degree will pay off financially.
The return on your investment will depend on several factors, including your career goals and the amount you plan to invest. Some companies offer tuition reimbursement programs for MBA students, so check with your employer before starting the program.
Another factor to consider is the quality of the program. Reading through the curriculum and looking for places to learn new skills and gain experience is essential.
