An MBA is one of the most flexible degrees you can earn if you want to work in the business world. There are many quality MBA programs available through online colleges, but it is important to understand that they are not all the same. If you are ready to start your program, find one that is properly accredited and that fits your financial and time limits. That is easier than it sounds, so try following these tips for finding the perfect online MBA for your needs.
Is An Online MBA Your Best Choice?
Are you organized and self-motivated? Will you be able to meet deadlines and complete coursework without the pressure of a formal face-to-face class? Does your family and work schedule prevent you from attending traditional classes at any time? If your answer to any of these questions is yes, you will probably find that an online MBA program is your best choice. While online programs provide a quality education and are more widely accepted, they are still less highly regarded by many so be prepared to prove yourself in interviews.
Accreditation Is Key
If your MBA program is not properly accredited, your degree will be useless in helping you find a job. Look for a program that is regionally accredited and/or accredited through the Association of Collegiate Business Schools and Programs, the Association to Advance Collegiate Schools of Business, or both. Having the proper accreditation proves that the program is high quality and that it provides the education you need to be effective in your career.
Look for Flexibility
Since you have other obligations on your time, look for a program that will accommodate your availability and schedule. Many schools have start dates a couple of times a month, allowing you to take time off if needed and to jump right back in when you are ready. This can be a real lifesaver if you have an emergency or just need a break from all the extra responsibility.
Research Loan Default Rates
A school’s loan default rate is a good indicator of how successful students are in finding a good job after graduation. A high rate of loan defaults shows that graduates of the school were unable to find jobs that paid enough to cover the costs of the education. The Department of Education has this information available for individual schools.
By taking the time to carefully compare online MBA programs, you can be sure that the one you choose fits your schedule and needs and that it will help you get the job you really want. After all, if you are going to invest the time and money into earning your degree you definitely want the payoff to be worth it.