An mba online is an increasingly popular way for graduate students to earn this degree. Most programs offer a mix of synchronous and asynchronous courses, with some classes that need to be attended live at a specified time and others that can be watched on-demand later. Most MBA programs also require in-person residencies or field studies to help prepare students for the business world.
While many students matriculate with a specific post-MBA career plan in mind, these plans can change as they learn and gain experience. For some, this may be an important consideration in choosing a program, particularly for those who wish to change industries or jobs.
Another factor that can influence an MBA program is the number of classes offered each term. Full-time MBA students typically enroll in four or more courses per term, while part-time MBA students take fewer courses. Both options can provide a path to an MBA, but they impact how long it will take to complete the degree.
Some online MBA programs use a cohort model in which students progress through the same curriculum together, establishing a network of business connections. Others may use a flexible format that allows students to complete the degree at their own pace, which is useful for people who need flexibility to juggle work and family responsibilities.
Cost is also a factor in MBA program selection, especially for those who must pay for their education out-of-pocket. MBA programs can cost six figures a year (when attending full-time) and it’s important for students to weigh their options carefully, balancing the financial benefits of an MBA with the risk of student debt.