MBA Advice
August 21, 2008, 9:54PM EST
Advantages and Disadvantages of an Online MBA Program
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.
Applying to MBA Programs
While all graduate schools have hefty application fees, MBA programs often have the highest application fees of them all. An application fee to even a relatively unknown MBA school can run between $100 and $200. For this reason, it’s important to choose wisely when applying to MBA programs. On one hand, you’ll want to apply […]
The Benefits of an Accelerated MBA Program
If you’ve been putting of getting your MBA because you just can’t fathom taking two years off of work to enroll in graduate school full-time, then you may want to consider enrolling in an accelerated MBA program. According to Stacy Blackman Consulting, Columbia University’s business school offers an accelerated MBA program that can be completed […]
Should You Choose a Part-Time or Full-Time MBA Program?
In an interview with Business Week, Kristine Mackey, associate dean for Evening and Weekend Programs at Chicago Graduate School of Business, offered some suggestions for students on how to decide whether to enroll in a part-time or full-time MBA program. Mackey offered these tips for students considering an MBA program:
If you’re in a job, even […]
Net Impact Conference Offers Networking Opportunities for MBA Students
The 2007 Net Impact Conference is set to be held at the Vanderbilt Owen Graduate School of Management in Nashville, Tennessee. The conference will take place on November 2-3 and is expected to attract more than 2,000 MBA graduate students and young professionals. According to Exduco.net, the Net Impact Conference is:
the world’s largest annual gathering […]
Teamwork and Leadership Skills are Key for MBA Students
MBA students are finding that skills in communications and confidence are essential to their success in the business world.
Indeed, a growing number of employers agree that it is communication, leadership, teamwork, and other so-called soft skills that truly distinguish M.B.A. candidates today. According to a 2006 survey by the Graduate Management Admission Council, nearly two […]
MBA Advice: Are you ready to apply to Business School?
Are you planning on going to business school? You will need to be highly organized and motivated to get your GMAT, applications and essay together in a timely fashion.
Here is a little guideline from MBA advice about when to get things done.
10 Weeks
Two to two and a half months before your first application is due is […]


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