Many people pursue an MBA online because these programs allow them to work their studies into their existing lives. Rather than have to set aside time to physically attend classes on campus, students can log into their programs at any time of day or night and complete their coursework at their own pace. This may help them to stay ahead of the class or work on areas they are struggling with, resulting in an overall more successful experience.
One potential drawback of an online MBA is that students may miss out on the social aspects of business school that can be a valuable component to building a professional network and future opportunities. Unless they enroll in a hybrid program, online MBA students will generally have to complete their courses virtually and will not be able to build their networks in the same way as those who attend on-campus MBA programs.
An online MBA also allows students to choose a specific concentration that aligns with their career goals. This can be particularly beneficial to students who are already working in a company and wish to move up the ranks, as well as those who are looking for a midcareer salary boost or a change of career.
The requirements for pursuing an online MBA vary from program to program, but most require that prospective students have at least a bachelor’s degree and professional experience. Some MBA programs also require a minimum GPA and require students to submit an application. The applications themselves are typically fairly short and can be completed through online services such as CommonApp. Students may also be able to find scholarships, discounts and tuition assistance for their MBAs. mba online