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You are here: Home / CAREER / Education & Training / Positive Impacts of an online MBA course

Positive Impacts of an online MBA course

September 13, 2019 by Monika Rose

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Photo © Denisismagilov | Source: Dreamstime.com

What exactly is an MBA? MBA stands for Master of Business Administration, which is a graduate degree. The difference between this particular course and other master programs is that an MBA requires not only a finished bachelor degree, but also work experience. Because of that, the average age of students pursuing this degree varies between 26 and 30 years old.

If your goal is working on the international market, consider choosing a global MBA program instead of a traditional one. They usually accept students from all around the world, so it will give you a chance of working in an international mix. It allows you to develop skills like, for example, international communication. If the university you want to take the course on has a curriculum destined for, it may also help you to specialize your knowledge.

With the world changing and more companies entering the international market, global MBA might come in handy, as you will already have experience with working in a culturally diverse setting. Maybe you will even learn some new languages? All of it will make you stand out in the crowd of traditional MBA’s graduates for your new employer.

MBA online?

Nowadays, more and more universities apart from the old-fashioned on-campus courses, are also offering degrees in an online form (e.g. James Cook University Online). It is very useful for people who have some other non-academic commitments, like a family or a small child. It also helps people who have a job, as it doesn’t require of them quitting.

How does it work? Just like any other online course. The lectures are recorded and put on a website along with assignment details, to which online students have access to. The professors and coursemates can be contacted via email. Completed assignments are also delivered remotely. Some universities even allow taking all the exams online, but not all of them. In some cases, you might have to be present physically for the exam.

But why?

The first reason why an online MBA is better than an on-campus one is flexibility. And it doesn’t apply only when it comes to choosing when you want to study. If you suffer from some more serious disease, or you are expecting a baby, you can hold on education for a little while without failing the course. Completing an online MBA can extend to even a few years, and it’s totally okay!

If you always wanted to attend a specific university but couldn’t because it was too far away, now is your chance. Studying online means that you don’t have to be physically present on campus. Which means that if you live in the UK, you can study at a university in Australia. Or if you are from India, you can study at a university in the US. There is no limit.

Completing your degree online will also benefit your finances, since the average yearly cost of an online course is around $25,000, while the price for a traditional, on-campus mode varies between $50,000 and $80,000. There is also the fact that since you are not attending classes physically, you don’t have to spend money on public transportation to get on campus.

Since online education is developing with each academic year, a lot of universities have synchronized their online studies’ curriculum with the program followed in on-campus classes. It means that both groups of students study the same material.

Some students are sceptical about the online program as they are afraid that it will not give them enough hands-on experience. However, more and more universities are starting to include a residency in the curriculum of your degree. Its purpose is to help you gain work experience that will be helpful in your future career.

Conclusion
Nowadays, universities are starting to include online degrees in their offer. It allows students to follow the course at their own pace, in places that they think work best for them. The accreditation of online studying is increasing, which means that more employers are willing to hire someone that finished their education in that way. The ones listed above are not the only benefits you can obtain from studying online. But that’s for you to find out.

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