Interested in an MBA? An MBA, or “Master of Business Administration” is a master’s degree that can help you become proficient in the various aspects of business and will very often give you an edge in any job search or job promotion. If you are interested in an MBA, it is best to know what the degree can do for you and which school is the best to meet your goals.
First of all, an MBA degree can really advance your career, and an online MBA is a great way to do it cheaply, conveniently, and quickly. It’s convenient because you do it all from home—there are no classes to attend other than scheduled online presentations and teleconferences. The way each online MBA school presents its material varies from school to school, however, the best ones provide an experience that rivals the best class-based MBA program.
Another advantage of the online MBA is speed: you can usually complete the entire program in 2 years or less and be fully equipped with all the business acumen you need once you mba graduate. Once you have your MBA credential, no one will know if you are an online or offline MBA, full-time or part-time, unless they ask you in an interview.
The most important thing about getting your MBA online is to make sure the school you accept is accredited, which means they are recognized by the government and businesses as a school that provides business training. If your school isn’t accredited, its value will go down and you’ll have no luck getting student loans or scholarships. The school will usually have someone you can talk to who can help you with financing options if you need any of these options.
The strong business background that a good MBA provides will help you in your career in many ways. Some industries in particular value this training, including:
* market and marketing studies
* process reengineering activities
A lot of companies will see your MBA degree as a sign of a serious and focused applicant who can make a significant impact.
Earning an MBA will also increase your income, as research shows that the MBA credential adds between $12,000 and $28,000 to income, depending on the field in which you work and the location of employment.
If your next career move involves an MBA, earning your MBA degree online is clearly the convenient and affordable way to get the degree under your belt. Since I’ve done mine, I must also tell you a little-known fact about MBA graduates. Over 52% of all MBA graduates are fired or quit within 2 years of graduation. It seems that the MBA changes people and usually means that the new MBA graduate needs to find a new place to work, often to the graduate’s advantage!