You Can Earn an MBA Online in One Year
Thursday, November 12, 2015 | 12:00 AM
Earning an MBA is a great way for many to advance within their business careers, but it can be difficult for working professionals to find the time to complete degree requirements. Fortunately, online degree programs to earn an MBA in one year have opened up opportunities for career advancement. For interested candidates, a one-year MBA program can offer high-quality, cutting-edge instruction from accredited institutions through flexible, affordable formats.
Validity of online MBA programs
According to a 2010 survey of more than 2,500 U.S. colleges and universities, enrollment in online degree programs rose by almost one million students over the prior year. The survey findings indicate that online learning is gaining acceptance and popularity among reputable educational institutions and post-secondary learners. Furthermore, the Association to Advance Collegiate Schools of Business International, reports a steady increase in the number of schools offering online programs from 2007 to 2012. As a result, Bloomberg Businessweek reported in 2012 that the majority of employers had few, if any, reservations about hiring candidates with online MBA credentials from appropriately accredited schools.
Program expectations for a one-year online MBA program
A one-year online MBA program involves earning a minimum of 36 credits from 12 graduate-level courses. Students are required to have undergraduate business degrees or have alternative, documented coursework in business foundations. A flexible, online MBA timeframe spans fall, spring and summer sessions, with students taking one or two courses at a time in seven- or eight-week blocks. Material presentation and learning occurs in several ways. Students may view online readings and assignments independently; participate in interactive, online lectures through video-conferencing; work with online cohort groups to complete projects; or attend webinars via teleconferencing. Curriculum topics cover advanced business theory and application of:
- Modern practices of accounting, finance, economics and management
- Production techniques and business operations
- Marketing strategies, social media ventures and business research
- Leadership, team building, organizational behavior and administrative management
- Business technology, data management and information systems
- Ethical and legal constructs in business settings
Affordability of online one-year MBA programs
Candidates for online MBA programs have options for tuition assistance. Some employers participate in partnership programs with accredited schools and provide partial tuition reimbursement for qualifying employees. Potential candidates can also request assistance from program coordinators to apply for federal student aid (FAFSA) loans, Perkins or Stafford grants and the Grad PLUS program. Other sources of tuition assistance include privately sponsored fellowships or grants from charitable, educational foundations.
Earning a one-year MBA online can be a practical choice for the right candidates. Benefits of such degree programs include cutting-edge instruction, affordable program opportunities and flexible formats to suit professional schedules. With possible outcomes such as career advancement, higher pay and opportunities for leadership roles, investigating what an online MBA has to offer makes sense for motivated business professionals.
Learn about University of Texas Rio Grande Valley online MBA Program.
Source:
http://olc.onlinelearningconsortium.org/publications/survey/class_differences
http://www.businessweek.com/articles/2012-07-06/employers-warm-up-to-online-mbas
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