According to Business Because, you’ve got a two-year-old constantly latched to your side, a newly-hatched entrepreneurial venture at your fingertips, a sick relative’s needs to attend to, a volunteer commitment you’re unwilling to neglect, or a combination of several of these commitments.
Sound familiar? You’re in a position where giving up one or two years of your life to fully commit to a set schedule of classroom instruction and events is not ideal.
An online MBA offers students with significant outside commitments to continue to fulfill their obligations (and maintain their sanity!) while pursuing their studies on their own schedules.
Take the Online MBA from Birmingham Business School in the UK for example. Birmingham’s Online MBA is delivered 100%-online—no hidden residential weeks—it’s also accredited by AMBA—the first 100%-online MBA program in the world to gain AMBA accreditation—and, upon the course’s completion, students gain the exact same qualification and certificate that they would on the school’s full-time MBA, McdVoice.com.
For busy professionals, a traditional MBA simply will not offer the flexibility inherent in an online program.
It makes sense: eliminating the need for students’ tuitions to cover the cost of a physical academic presence and avoiding the cost-of-living expenses normally associated with a traditional MBA program will both dramatically drive down the cost of an MBA.
If you’re set on earning an MBA but are financially limited, an online MBA program may be a practical option to take a step forward without breaking the bank.
Students often enter an MBA program with a goal of getting to know other students and their industries, exploring options outside of their own areas, and subsequently making a career switch based on an extended exploration process over one to two years.
Exploring a significant career change can be quite difficult from an online perspective, without the presence of other students in the classroom to constantly offer their viewpoints in areas you may be newly discovering.