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Online MBA Degrees

Earning An Online MBA Degree

In this economy, every advantage an individual can find overthe competition is a benefit. One such advantage, without a doubt, is the possession of a Masters of Business Administration, or MBA, degree.

A Master of Business Administration degree, or MBA, is a postgraduate degree students who have mastered the art of business can achieve. Graduates who have obtained MBAs have studied the theory and application process of business and its management principles. They have gained knowledge which can be applied in a number of real life business scenarios.

According to statistics from the Graduate Management Admission Council, 86 percent of all graduates with an MBA were able to secure employment upon graduation.

Even if you already are employed, adding an MBA to your list of credentials can help prevent job loss, or help you to land other lucrative positions.

Going back to school to earn additional degrees can be challenging if a person already is employed. However, while it is challenging, it is not impossible. For these folks, an online MBA degree program is ideal.

A quick search of the internet will result in thousands of options when it comes to earning an online MBA degree. However, it is definitely a buyer beware situation, as not all online MBA degrees are created equal. Let’s discuss some quick tips on how to choose a reputable program that will help you earn a degree that will enhance your credentials.

Accreditation – As with their brick-and-mortar counterparts, MBA online degree programs can earn accreditation. At present, there is only one reputable accreditation agency for online MBA degree programs, and that is the Association to Advance Collegiate Schools of Business, also commonly referred to as the AACSB. When researching an online program, be sure to ask if it is accredited and, if so, by whom. If an online MBA degree program does not have accreditation, it is best to avoid them.

Online Completion– It probably goes without saying, but any online MBA degree program which cannot be fully completed online is not worth the money. All instruction and materials should be able to be presented fully online, including lectures, homework assignments and any testing. Online programs worth their salt also will use all forms of internet-based technologies at their disposal to enhance the learning experience.

Program Length –A huge red flag should immediately be thrown if potential students encounter aprogram which claims it can help them earn an MBA degree in a week or two at rock-bottom prices. Legitimate online MBA degree programs take roughly two years to complete and can cost anywhere from $10,000 to $100,000, depending on the institution.

Recommendations –As with any other company with which you might do business, a college or university should be thoroughly examined, including the acquisition of recommendations from faculty, current students and graduates. Not sure how to go about obtaining these kinds of recommendations? The U.S. News and World Report conducts annual rankings of educational facilities, including colleges and universities, providing this kind of information in one handy resource. How peers and faculty rated the success of their institution weighs heavily on how the news magazine ranks its top schools and programs each year.