Many students who wish to pursue an MBA degree are now considering getting an online MBA as opposed to quitting their current job and enrolling in a full-time traditional MBA program. Online MBA degrees are offered by most online colleges, so there are plenty of different programs to choose from. However, before making the decision to jump into an online MBA program, students should consider these advantages and disadvantages provided by MBA Map:

Advantages of an online MBA:

• Less time commitment than traditional programs.
• Flexibility to schedule class work around your personal and professional life.
• Ability to attend classes even while traveling.

Disadvantages of an online MBA:

• Limited interaction with classmates. Most people find one of the most rewarding aspects of business school is the life-long friendships. Strong relationships are difficult to form with distance learning.
• Students may not have access to traditional business school services such as career placement.
• Some may find it hard to discipline themselves to study when classes are taught online.
• There have been some less than reputable “schools” offering online MBA programs in recent years. Be sure you understand about the school’s accreditation and reputation.
• Some employers may not recognize an online MBA as they would a regular MBA program. Research potential future employers to understand their perception of online MBAs.

Many accredited schools now offer online MBA programs, and even the Ivy Leagues are starting to recognize the need for online education and creating their own online programs. Students should keep their career goals in mind when choosing an online MBA program and should choose an online MBA school with the same scrutiny that they would choose a traditional MBA school.