People wanna earn a higher degree for a good number of reasons, while advancing skills, getting updated with the latest knowledge and boosting the career prospects are the commonest reasons, which also count for the popularity of an MBA degree. Considered the most valuable postgraduate degree in business industry, an MBA degree ensures you awesome job opportunities in any business environment.
Standing for the Master of Business Administration, MBA is a master’s degree in business administration, preparing the learners for a variety of executive or managerial positions in areas like accounting, business, finance, marketing, human resources, and operations management. As the most sought-after degree in business and management, an MBA degree paves your way to a promising career, a good salary, as well as a much more challenging role in business and administration.
To cater to the needs of business professionals who work a busy schedule and can not study MBA courses full-time, online MBA programs come up, offering incomparable convenience and flexibility for students looking forward to a higher position in business and management.
Like traditional MBA programs held on campus, online MBA programs also require the students to have a bachelor’s degree in order to get an MBA degree, however, online students are allowed to complete the program within one to three years based on their own pace and credit hours earned. Some universities or colleges even provide accelerated online MBA programs to help you get the degree faster.
As for the cost and value of an online MBA, they vary from school to school, and primarily depend on the factors such as the curriculum, faculty, credit hours, and accreditation. To make the MBA degree you earn worth your effort, when you choose online school, be sure to take the following factors into consideration:
• Schedule – Most people choose learning MBA online for its flexible and personalized schedule, which allows you to study at your convenience, which is a big draw for part-time students. When comparing online MBA programs, check if the schedule works for you.
• Financial Aid – The tuition and other fees for an online MBA could be as costly as an on-campus MBA program. If you feel financially strained, you can choose the online program with financial aid, for some schools and programs offer equal financial assistance to online students.
• Accreditation – Accreditation is the most crucial factor for online MBA programs. An online MBA earned from an accredited school or program would indicate that your degree is valuable and you are a qualified MBA. However, if your MBA degree is earned from a diploma mill, both you and your degree will not be accepted by your future employers.
So, given the importance of accreditation, I want to remind you that no matter how cheap an online MBA program is and how fast you can complete it, if this program or school is not accredited, never go with it – do not waste your time and money on a worthless degree.
To save your time, I wanna share with you three accredited schools for online MBA. These three universities are either regionally or nationally accredited, well acclaimed among students in business and management.
1. University of Phoenix
Accredited by the Higher Learning Commission, University of Phoenix is also a member of the North Central Association. Its MBA program is accredited by the Accreditation Council of Business Schools and Programs.
The MBA program at University of Phoenix, which is available online as well as on campus, prepares you for the positions in business by strengthening your business knowledge, developing your managerial skills, and sharpening your decision-making ability through a variety of core courses.
The program consists of 36 to 54 credit hours, while 36 credit hours are for the core curriculum, covering the business areas including management, human capital management, business law, accounting, economics, operations management and more. You can develop additional expertise in a particular area by selecting and completing 15 credit hours of elective courses. Each credit hour costs $740, plus the $115 electronic materials fees, and $45 one-time application fee.
To get more detailed information on courses and tuition, contact an MBA advisor at University of Phoenix by calling 866-766-0766.
2. Walden University
Walden University, an experienced online education provider, is accredited by the Higher Learning Commission and is a member of the North Central Association, one of the six regional accrediting associations in our country. Its online MBA program is accredited by the Accreditation Council of Business Schools and Programs.
If you choose to earn your MBA online from Walden University, you have the opportunity to learn from the well recognized instructors in business administration, enjoy the flexibility to learn online and from MobileLearn, and specialize your study in any of the 14 MBA specializations, such as accounting, entrepreneurship, healthcare management, leadership, human resource management, project management, marketing, international business, etc.
3. Post University
Post University is accredited by the New England Association of Schools and Colleges, and its Business School is a candidate for Accreditation by the Accreditation Council for Business Schools and Programs. It is noteworthy that the online MBA program at Post University received a 2009 Silver Level Innovation Prize from the Connecticut Quality Improvement Award Partnership.
The online MBA courses are completely online and delivered 6 times a year, in an 8-week format. With the accelerated learning schedule, you can complete the 45 credit hours in 14 to 20 months. Meanwhile, you are allowed to transfer up to 9 credit hours from other accredited institution.
All MBA faculty at Post University have at least 20 years of corporate leadership or consulting experience, while 75% of full-time instructors have terminal degrees in business and management.
Through Post University online MBA program, you will learn practical skills for developing and delivering innovative products and services needed for the companies’ growth, and further enhance your ability in business leadership and marketing.
The tuition for this 45-credit online program is $30,600 for 2012 to 2013. This cost is subject to change based on your transferred credits and financial aid amounts. Additionally, the total text book cost is estimated to be $2,250.
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