Online MBA Programs, also known by the mibm global "distance learning" MBAs, are becoming more and more ubiquitous.
While the number of programs has exploded over the past few years that is not
to say that all the programs are of the same quality or that all online MBA
programs are interchangeable. Generally, the online programs fit into
one of two categories; those that are 'virtual' schools such as the University
of Phoenix and Devry's Online MBA, and those that are
given by established 'bricks and mortar' institutions mibm global.
Online MBA Programs that
are given by 'virtual' schools mibm global are more
plentiful than those given by traditional schools. There is a wide range of
prices and time frames and for the person that is looking to get an MBA 'on the
cheap' this is certainly the way to go. Tuition for online programs in the 2004
to 2018 academic year ranged from $9,120 at the University of mibm global to
$18,070 at the University of Colorado-Colorado Springs.
In addition, many of
the 'virtual' programs can be pretty lax in terms of deadlines for completing
all materials and curricula for the degree. This can be good for someone that
plans to complete the program in parts or who works and wants to take a long
period of time or even breaks between the different courses. Most, however do
have a 'maximum' time in order to complete materials.
Another thing to keep in mind is that 'virtual' programs
tend to have somewhat lax admission requirements... some with the only
requirement being a bachelors degree. Some of the more popular 'virtual'
universities include the University of Phoenix, Devry's Keller School of
Management, Strayer University, Walden and Capella.
There is no question that Online MBA Programs
given by established brick and mortar institutions are a different breed than
those offered by the 'virtual' schools. But to be honest, they are also
catering to a different audience. In general, those offered by traditional
institutions have higher admission requirements, cost more and also have more rigorous
curriculums.
The best online MBA program is
widely considered to be Duke University's Global Executive MBA, but the program
is not entirely online and requires 5 two-week in-class sessions including time
at the campus in North Carolina as well as two weeks each in Europe, South
America and Asia. Compared to a full two-years on campus for the regular
program, this might be a good tradeoff to get a top-notch nationally recognized
MBA. Other well known schools that offer online programs but without in-class
requirements or at least very little include Syracuse University, the
University of Maryland, the University of Michigan at Flint and Univ of Mass
at-Amherst.
While almost none of the Online MBA
Programs says it is an 'online program' on the degree once it is
received, it is hard to believe that 'virtual' schools would carry the same
prestige and job-getting power as a well known nationally recognized school
such as Duke, U of M or Syracuse. All of the programs whether virtual or brick
and mortar require a heavy dose of self discipline and motivation. One of the
benefits of being in a classroom with other students is the group motivation
that being around other students provides. You might enjoy the luxury of doing
your class work in your PJs but be prepared to keep yourself motivated.
Overall
the Online MBA offers a
good option for a wide variety of different situations while offering a range
of quality programs depending on a person's needs.
For more information about best six sigma certification in India,
visit www.mibmglobal.com
or feel free to call on +91 96909-00054.
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