For students seeking an MBA, there are many more learning options available today than in previous years. A growing number of MBA programs are offered online, opening up options for working professionals, parents and others with busy schedules.
As the popularity of taking classes at home grows, you might stop to wonder, what’s the difference? What are the advantages of pursuing an MBA program online versus in a classroom? Here we’ll compare online MBA programs with traditional, classroom-based programs.
Online MBAs offer:
Convenience: The biggest reason to take any online course. They offer the flexibility to be in class when you want to, whether it’s early morning before your day begins, or late night after work. Weekends are open, too.
Availability: Since more business schools are offering online courses along with their traditional courses, availability is catching up.
Cost: Online MBA programs are generally cheaper than classroom programs — especially when you count travel expenses like gas and parking.
Anywhere access: Internet-based learning means you can access your class from anywhere you get the Internet.
Self-paced learning: Online MBA programs are particularly beneficial to learners who take more time, speak a first language other than English, read slowly, or otherwise do better on their own.
No interruptions: Another major appeal of online MBA programs is that you can schedule them around work, travel and other engagements, rather than taking a leave of absence.
Campus MBAs offer:
Face-to-face interaction: Many find it easier to get a concept if it is explained to them in person, and questions are more readily answered.
Reputation: Though online MBA programs are becoming more widely accepted, as there is no difference in the information taught, there is still a social stigma attached to online degrees. (Your diploma, however, will not indicate either way.)
No computer skills necessary: Unless the course content requires computer use, classroom-based learning is often more beneficial for those who lack Internet skills.
Social interaction: Though connecting with others is possible online, many prefer the old-fashioned way.
Campus atmosphere: If you have the time to spare, getting out of the house and visiting an outdoor campus can be a valuable part of the experience.