Is it worth doing online MBA is often on the minds of many students? There is a gradual growth in the popularity of online MBA degrees all over the world. The online MBA degrees offer a great level of flexibility to the candidates who will be pursuing the courses. They can attend the classes from their homes or at any time and any place.
This kind of flexibility is not possible if you pursue the courses offline. Another benefit is you can complete the courses within eighteen months. This helps one to continue with their personal and professional commitments without compromising on their studies. Despite such great perks associated with the online MBA degrees, the question still lingers on- is it worth doing online MBA?
Advantages of Online MBA
One of the most prominent advantages that the online MBA pursuing students have over those studying at campuses is they can navigate easily in the virtual world. This is where the future of different businesses will be. With the rapid growth of digitalization all over the world and the growth in e-commerce, it is the virtual world where all the businesses will be present.
The online MBA graduates will have established networks and they can bring these ties to the future employer. The graduates are well versed in selling the points of their online experience. This gives them an edge over the other students and many employers hence will be willing to hire them.
Also Read: What do you learn in an MBA Program?
Changing reputation of online MBAs among the employers
Previously many employers shied away from hiring employees who had earned their MBA degrees online. However, over time, there is a great shift happening in their outlook. Earlier, online MBA degrees were deemed to be inferior. Now, employers have become broad-minded and are now realizing the different advantages associated with online learning.
A study conducted compared the learning of students both from online and classroom teaching. It was found that the students who studied online performed better than the ones who opted for classroom teaching. In today’s times, employers are raising lesser questions about the validity of online MBAs. Instead, they are concerned with the reputation and the accreditation of the institution from where the person is getting their online MBA degree.
The reputation of the online MBA programs
If the question is worth doing online MBA still going on in your mind, then do not worry much about it. Instead, check the reputation of the university from where you want to pursue the degree. This is because employers are accepting online MBA degrees. However, they are checking the credibility of the educational institution from where you have completed the degree.
If you complete the degree from a renowned college, no employer will doubt your credentials. However, if you have completed the program from a less reputed institution, then the employer will scrutinize you more.
Employers however do not prefer the for-profit educational institutions that will accept any candidate willing to pay the fees for their programs. Instead, they prefer those institutions that have a selective application process for enrolling students in their online MBA programs.
Not all online MBA degrees are similar
Online MBA programs will not be the same. It will differ from one educational institution to the other. So when you are debating about is it worth doing an online MBA, keep this factor in mind too. One must not judge a program without looking specifically into the details about the program. Check out the best online MBA courses from Great Learning to check out the specifications of each program.
The reputation and credibility of the online MBA program are also affected by accreditation. Employers look for MBA programs that have good accreditation from reputable institutions. This increases their value and credibility. For an online program to become accredited, the institution has to replicate the same standards that the ground MBA programs are offering to the students.
One learns more from online MBA programs
Is it worth doing an online MBA? This is often on the minds of the students who opt for such online programs. Questions like these are bound to arise as studying online is very different from the traditional way in which most of us have studied.
The employers, students, and teachers all have this question as to whether one can learn about the business world by studying online. A study conducted by the US Department of Education has validated the high quality of online learning. The findings show that the learning is equal and at times even better than the ones students learn on their campuses.
Good pay packages
Will you get a good salary after completing the online MBA program? This becomes a valid question when one thinks of pursuing an online MBA degree.
However, it has been found that online MBA graduates have got a great hike in their salary as compared to the pre-MBA pay. This has increased the credibility of online MBA programs.
Also Read: MBA Salary in India | How does an MBA Professional Earn?
Final Thoughts!
Since you will be learning online, you will not get a chance to bond with friends over classes. As a result, there will be no alumni or network that you can turn to at a later time in your life. You will also sacrifice job opportunities as the potential employers give presentations on-campus and even do interviews on-campus. Hence the online students will not be able to get these benefits.
The online MBA pursuing students already have jobs and there are still employers who still prefer on-campus recruitment for their staff. Online MBA graduates are often older than campus students. As a result, they fall outside the realm of the typical hiring group for MBA graduates. These are some of the things to consider when you think of- is it worth doing online MBA?
The credibility of an online MBA degree has increased with time. Now both employers and students understand the value of online degrees. Online MBA degrees are getting acceptance too. If an individual wants to pursue their jobs and also get a higher degree like an MBA, then online learning is a great way.
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