AdminAn MBA is a major commitment, and the degree can have a big payoff. Compared to those with just a bachelor’s degree, graduates earn an average of 22% to 44% more per year. With the growth of online education, getting an MBA is increasingly possible and normal. But it’s important to select an MBA program that will give you a high-quality business education. Here are five things to look for in a quality program.
- How Interactive Is The Coursework?
In a well-designed online MBA program, you should have a large amount of class time devoted to interactive discussions and projects. This makes it easier to apply knowledge and form strong professional connections in your career. Look for a program that utilizes the latest technology and tools, like learning management systems, virtual classrooms, videoconferencing and collaboration tools. - How Flexible Are the Program Requirements?
Many students who pursue an mba online are juggling full-time jobs and families. They need a flexible program that will let them complete their degree without disrupting their lives or their careers. Look for programs that offer asynchronous coursework, and are able to adapt to different schedules. Some schools offer virtual proctoring services for tests, and some instructors prioritize asynchronous communication to accommodate busy students. - How Much Does the MBA Online Cost?
The price tag for an MBA varies from school to school, but there are several ways that you can reduce the cost. Look for scholarships and financial aid, and consider online-only programs with reduced tuition rates. In addition, some employers reimburse the costs of an MBA for their employees, and veterans may be able to use Post-9/11 GI Bill benefits or the Yellow Ribbon Program to cover any remaining expenses.