The MBA Online: A Powerful Opportunity

The idea of supply and demand is a crucial point for MBA students, who only need to look at current statistics to understand why distance learning is changing the face of the MBA.
Studies have found a great deal of excitement surrounding the MBA degree. More students than ever are getting graduate degrees in business and nearly 25% of all graduate degrees awarded in 2001 were in business. Meanwhile, the "traditional" college student is disappearing. In 2003, the U.S. Department of Education estimated that only 27% of college students fit the traditional four-year college type. The online degree phenomenon is growing, and MBA schools have taken notice.

Distance Learning

Distance learning welcomes adults continuing their education, and those students typically request distance learning programs. The MBA is responding to these changes. Distance learning is growing in popularity, with students studying for their online degree in over 200 MBA online programs certified by the MBAInfo database.

Benefits of Getting an MBA Online

• Great Value. Some employers may assist employees with the cost of getting an MBA online, if they intend to use the degree for the benefit of the company. Getting an online degree helps both the employer and the employee.
• Negotiation Power. When looking for a new job or a raise within a company, the MBA is a powerful degree. While no degree can guarantee a position, employers often prefer to see education and commitment in their employees. Distance learning allows students to choose a program that fits their future plans.
• Education and Experience. While studying for an MBA online, students can keep a full-time job, challenging them to continue building experience while completing the online degree. This multitasking is a powerful skill to learn in the business world.

Many top business schools offer MBA online programs that offer distance learning for price similar to their classroom programs. Regardless of the program, completing an online degree gives MBA students the freedom to work while they learn.
Source
Kyle, Reuben; Festervand, Troy A. "An Update on the High-Tech MBA." Journal of Education for Business 3-1-2005.

Amelia Gray is a teacher and freelance writer in San Marcos, TX. Amelia earned a Bachelor's Degree in English Literature from Arizona State University.