Choosing to pursue an MBA is a big decision. Not only is it a significant investment of time and money, but it also has the potential to change your career trajectory. So, it’s no wonder that many people ask the question: is an online MBA degree worth it?
Below are some key points that can help you decide whether pursuing an online MBA is worth it. For most people, the answer is yes, depending on their job goals. In addition, online MBA degrees as cheaper and take less time than traditional degrees. An online MBA has little risk but might carry a lot of rewards. With so many colleges offering online MBA programs, such as Texas A&M MBA online, you’re bound to find one that might fit your needs.
Advantages of MBA Online
There are a few things to consider when trying to answer this question. First, let’s look at the advantages of pursuing an online MBA. One of the biggest benefits is flexibility. Online programs allow you to study on your own schedule, which can be ideal for working professionals. Additionally, online programs often cost less than traditional programs.
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The average age of a student pursuing an MBA is 28 years old. Many 28-year-olds don’t have the luxury of spending their days in a dorm or living with their parents. As working adults, it’s important to find a program that can help you achieve your career goals and offer flexibility so you can continue to work and satisfy other personal responsibilities. An online MBA can do just that, while also giving you the skills to succeed in any grueling business environment.
Downside of Online MBA (and what to do about them)
Now let’s look at some of the potential disadvantages of online MBA programs. One downside is that you may not have the same opportunities to network as you would in a traditional program. However, you can still learn how to develop cold e-mails and network this way. Emails are powerful tools that have the power to help you network and connect with others online. Consider that studies show email marketing is 40 times more effective than social media, and you can begin to understand why not all is lost when attending an online MBA program.
Additionally, online programs can be less rigorous and may not provide the same quality of education as a traditional program. However, you can find an accredited program by using the search tool provided by the AACSB. Finding an AACSB-Accredited school that provides an online MBA can help you feel at ease, knowing that one of the best educational institutions has given your program the golden seal of approval.
Salary Prospects
Whether you choose an online or in-person degree, one thing is certain – you can enjoy a higher salary in the six-figure range and continue to reap the benefits of an MBA degree. Unfortunately, having only a bachelor’s degree puts you at a lower threshold of income (around $65,000).
Find What You’re Looking For By Researching the Best Online MBA Program
Ultimately, whether or not an online MBA degree is worth it depends on your situation and goals. An online program may be a good option if you’re looking for flexibility and want to save money. However, if you’re looking for the highest quality education and want to maximize your networking opportunities, a traditional program may be a better fit.
There are plenty of online MBA programs available, but not all of them are created equal. Do your research to find an accredited online MBA program that will offer you the quality education you need to succeed in your career.
