The pros and cons of the online MBAApril 27, 2011 |
Online MBA courses are designed for convenient access from anywhere in the world with an internet connection. If they choose, students can embark on the tough challenge of studying part time while working to pay the bills, looking after a family, or even studying full time on the opposite side of the world from where the actual business school is based.
For clarification, TopMBA.com defines online MBA programs as courses that are taught solely online, without visiting the school. Distance learning MBA programs are hybrid courses, where the predominant mode of study is online, but the student will be expected to attend some campus based lectures, such as a residential course during over a long weekend.
But with so many different studying formats, and with few previous students as a result of the online MBA’s relative infancy, how does a potential MBA student decide which online MBA course is the right choice?
One option is to look at business schools that have already been accredited after operating regular MBA courses on campuses for many years. Many of these schools argue that MBA students are taught very similar if not the same curricula, and therefore graduate with the same skills.
“No matter which MBA platform a student chooses, everyone earns the same (qualification)” explains Jason Simmons, manager of admissions and recruitment, W P Carey School of Business at Arizona State University in the US. While he points out that options for elective courses may differ depending on which medium the MBA program is taught in, “all involve the same core curriculum, which includes a strong foundation in accounting, management, finance, marketing and supply chain.”
While one obvious drawback to any MBA program taught exclusively online is the lack of face to face with fellow students, many argue that learning deep online skills is essential for the technologically evolved world.