Is an online MBA worth it?

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Online MBA degrees are becoming increasingly popular as major brand schools enter the market and their numbers grow. For students who do not want to leave their jobs and who need flexibility to find the right balance between their personal and professional lives.

But is an online MBA really worth it? Our own alumni surveys of these programs show an exceptionally high satisfaction of MBA students online, especially as the best schools. At the top of the satisfaction curve, it is common for more than half of students to badign an increase or promotion to work directly to their online program. Even more surprisingly, 40% or more of students say they have completely changed jobs thanks to their online degrees (see Online MBA Programs Providing Excellent Career Outcomes).

If you are in an industry that you really love, if you are with an organization that you feel very comfortable with, but you need to develop more skills, you can consider an online program. a great option for you, "says Idie Kesner, Dean of the Kelley School of Business at the University of Indiana. "You're not ready to quit your job, but you have these opportunities and you know you need more, you know you have gaps and you have to fill those gaps."

She recently made these comments to one of three one-hour roundtables on online MBA programs, I had the pleasure of moderating at Kelley. And what about the results? "Our online students have an increase of about 29% of their average salary as they follow the program, "says Kesner." And 64% of our students received a promotion either during their program within six months of graduation. So there is evidence that they are benefiting a lot from this program and benefiting from it in their organizations. "

In general, online MBA programs are very useful for those who wish to accelerate their career in an existing business or industry. Because you do not have the opportunity to do a summer internship that helps a person make the transition into a new field, it is often badumed that an online MBA is not the ideal option for a career switchman. But Kelley is at the forefront of schools that are changing this mindset by using individualized career coaching, mentoring and experiential learning programs to replace this summer internship.

The school recently badigned four business development officers to four different regions of the country: Los Angeles, Atlanta, Boston and Bloomington, Indiana, for the Midwest. These four leaders have a mission: to maintain relationships with companies and obtain MBA job opportunities for Kelley's graduate students, particularly for his online cohort Kelley Direct. In the last four months alone, this team has generated more than 800 new job openings, many in companies that have never recruited students from the school.

"We've actually created two-on-one jobs that would be more suitable for a Kelly Direct student than a student in residence," says Eric Johnson, Kelley's Executive Director. Graduate career services during one of our panels together. & nbsp;& nbsp; "In theory, a Kelley Direct student could start a new job on February 1 or October 1. An online student is actually in the experienced rental market, which means we do not have need jobs starting in June, July and August.

"If I go to a company, such as Apple, and they tell me," Dude, we need someone now, we can not wait until June. " My team could say, "Well, we actually have a student population that could do it." In addition to some alums we can do some outreach.We have students who would be qualified for that. Now let us have this job offer in front of them, we will collect some resumes for you. "This has enhanced our ability to offer the customer experience and meet our students. where they are. "

This is just one of the ways an online MBA program proves itself. But it is important to make an informed decision before writing a check to a school. The bottom line is that an online MBA experience is worth investing in – if you invest the time it takes to be diligent in these programs and find the solution that's right for you. .

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Online MBA degrees are becoming increasingly popular as major brand schools enter the market and their numbers grow. For students who do not want to leave their jobs and who need flexibility to find the right balance between their personal and professional lives.

But is an online MBA worth it? Our own alumni surveys of these programs show an exceptionally high satisfaction of MBA students online, especially as the best schools. At the top of the satisfaction curve, it is common for more than half of students to badign an increase or promotion to work directly to their online program. Even more surprisingly, 40% or more of students report having completely changed jobs through their online degrees (see MBA Online Programs Offering Excellent Career Results).

"If you are in an industry that you really love, if you are with an organization that you feel very comfortable with, but need to develop more extensive and in-depth skills, consider an online program is a great option for you, "said Idie Kesner, Dean of the Kelley School of Business at Indiana University. "You're not ready to quit, but you have those opportunities and you know you need more, you know you have gaps and you have to fill those gaps."

She recently made these comments at one of three hourly round tables devoted to online MBA programs that I had the pleasure of moderating at Kelley. And what about the results? ""Our online students are seeing their average salary increase by about 29% as they go through the program," says Kesner. "And 64% of our students have received a promotion while they are taking the program or within six months of graduation, so there is evidence that they are getting a lot of profit out of this program and that they benefit from it in their organizations. "

In general, online MBA programs are very useful for those who wish to accelerate their career in an existing business or industry. Because you do not have the opportunity to do a summer internship that helps a person make the transition into a new field, it is often badumed that an online MBA is not the ideal option for a career switchman. But Kelley is at the forefront of schools that are changing this mindset by using individualized career coaching, mentoring and experiential learning programs to replace this summer internship. Full-time MBAs often use a new direction.

The school recently badigned four business development officers to four different regions of the country: Los Angeles, Atlanta, Boston and Bloomington, Indiana, for the Midwest. These four leaders have a mission: to maintain relationships with companies and obtain MBA job opportunities for Kelley's graduate students, particularly for his online cohort Kelley Direct. In the last four months alone, this team has generated more than 800 new job openings, many in companies that have never recruited students from the school.

"In fact, we created two out of two films that would be more suitable for a Kelly Direct student than a student in residence," says Eric Johnson, executive director of Kelley. Graduate Career Services at one of our panels. "In theory, a Kelley Direct student could start a new job on February 1 or October 1. An online student is actually in the experienced rental market, which means we do not need to jobs starting in June, July and August.

"If I go to a company, like Apple, and they tell me," Dude, we need someone now, we can not wait until June. "My team could say," Well, we actually have a student population that could do it. this, in addition to some alums for which we can do sensitization. We have students who would be qualified for this now. Leave this job offer in front of them, we will collect some resumes for you. "It's enhanced our ability to offer the customer experience and to meet our students wherever they are."

This is just one of the ways an online MBA program proves itself. But it is important to make an informed decision before writing a check to a school. The bottom line is that an online MBA experience is worth investing in – if you invest the time it takes to be diligent in these programs and find the solution that's right for you. .