There are now various opportunities opening up for students who want to pursue an MBA but find it hard to find the time amid work and family commitments; online learning manages to help these people find more time throughout the day. Online MBA programs are cropping up all over the world and offering a wealth of opportunities to busy businesspeople, faster career wins, and a range of flexible distance learning options.
And, with online MBA programs growing in popularity, many are now accredited, providing an identical education and qualification to those taught on campus. Students are tasked with self-study but come together for regular live sessions where they can connect with lecturers, tutors, and peers in an interactive online learning environment. The range of learning options provided by online MBA programs means that students can gain knowledge that they can directly translate back into their working life. During studies, the time, location, and travel back and forth from campus are issues of the past.
If you want to learn more, here are some top reasons to consider studying for an online MBA program in 2020.
#1. More opportunities for women in business:
The introduction of online MBA classes has certainly benefitted women in business perhaps more than anybody else. For many women, the question of whether to invest their time pursuing their education and career or spend more time at home raising their family is no longer being asked thanks to this unique way of easily combining study with family life.
Online MBA programs have made it easier than ever for women to study, work, and look after their families at the same time. Online degrees are flexible and self-led, meaning that busy moms can determine how best to fit it around their commitments.
#2. Flexibility to benefit everybody:
Don’t make the mistake of thinking that only moms can benefit from getting an online MBA, though. The level of flexibility offered can provide a wide range of benefits to just about anybody who decides to study for this program. Those working full time in 9-5 office jobs, for example, can now fit studying around their career without having to reduce their hours or quit their job altogether, allowing them to gain both MBA knowledge and expertise while building on their practical, real-world business experience at the same time. And many employers are more inclined to help with funding an online MBA as this method of studying causes minimal disruption to the team.
#3. Self-led, individual learning methods:
Studying on-campus can often feel, for many students, like you are constantly struggling to keep up with your classes. Traditional classroom settings are not always the most flexible when it comes to catering to individual learning styles – they often utilize one tried-and-testing learning method, such as taking notes as a lecturer reads from a slideshow, leaving students who struggle to retain information that way constantly trying to play catch-up. Instead, online MBA programs have the added advantage of allowing students a way to determine how they best learn and putting this into practice throughout their degree. Much of an online MBA program is self-led, giving students the chance to choose which learning methods are going to work best for them.
#4. Save money:
Another advantage of studying for an online MBA that makes it increasingly popular amongst students is that you can often save a significant amount of money by opting for online delivery of your program. Compared to studying in a traditional setting on campus, programs like these online MBA programs in Michigan tend to have lower tuition fees (usually up to a third less) and carry fewer associated costs. For example, students don’t need to worry about the cost of commuting to campus or paying to park their car at school, you’re less likely to need to buy lunch throughout the day when you’re studying from home, and textbooks are more likely to be included as part of the program, compared to having to purchase them separately.
#5. Benefit from a strong network:
Many students opt for an MBA degree not just to improve their knowledge and skills or to come out with a well-respected global qualification but also to benefit from the exceptional networking opportunities that studying for this type of degree program will provide. And studying for your MBA program online means even more networking opportunities. Not only will you be studying alongside business professionals, but they will be located all over the country or even the world, giving you even more chances to expand your global professional network and learn something new from people you may never have had the chance to speak to otherwise. If you prefer networking in person, then don’t worry – many online MBA programs also organize networking meet-ups that you can attend.
#6. Tailor the degree to suit your needs:
Finally, one of the biggest benefits for students is that an online MBA program can be easily tailored to suit your individual needs and requirements. Studying for your MBA online often means that there are more options for specializations to choose from in addition to easy options for studying part-time or even trying to get your degree faster than the usual two years if you feel up to the challenge. The flexibility of studying for an online degree doesn’t just stretch to the fact you can choose to study when and where is most suitable for you; most students also find that compared to learning on campus, an online MBA program allows them to really take charge of their own learning and customize the degree and study experience to suit them best.
If you’re hoping to improve your career in business, there may be many factors that have dissuaded you from getting an MBA in the past – time constraints, family commitments, or a current job can all get in the way. However, online MBA options can change the game – giving you the freedom and flexibility to study from home at times that are most suitable to you, spend less, and learn at a pace that works well.