Online MBA

3 Things You May Not Know About Online MBAs

Online MBA programs continue to expand in the graduate management education marketplace. According to the Graduate Management Admission Council’s Application Trends Survey Report, 47 percent of online MBA programs reported application growth in 2017. But some stereotypes persist regarding the kind of experience you’ll receive compared with a traditional MBA format. Many wonder about the faculty for online programs, whether the instruction really rivals that of students learning on campus and whether such programs offer the types of scholarships or financial assistance found at full-time MBA programs. The good news for prospective online MBA applicants – particularly women, whose interest in this format option has outpaced men in recent years – is that a number of these programs deliver an evermore competitive educational experience. Here are three aspects many online MBA programs offer that you may not be aware of; keep these in mind as you consider where to enroll. • 1. They offer top-notch faculty and instruction. The mark of a high-quality online MBA program lies in who is providing the instruction. “Students take the same classes from the same faculty as they would in our on-campus programs,” Amy Hillman, dean of Arizona State University’s W. P. Carey School of Business, said via email. “We began offering online degrees in the early 2000s, long before it was as widely accepted as it is now. So, we know from experience how to deliver great content to students and offer a flexible degree that will ultimately help them take that next step in their careers.” At Temple University’s Fox School of Business, on-campus faculty create and deliver all course content. The part-time online MBA at Carnegie Mellon University’s Tepper School of Business offers flexibility to working students as well as...

Data error bumps Temple’s Online MBA program from No. 1 to unranked...

Just a few weeks ago U.S. News & World Report crowned Temple University’s Fox School of Business as the school with the best online MBA program in the country. The same day the news came out, a hiccup was discovered: the university had misreported the number of new entrants for 2016–17 who provided their GMAT scores. The data error, per a statement from Temple University President Richard Englert, was caught by Temple’s own team and reported to the publication shortly after the scores went live. On Wednesday, it was announced that, as a result of the error, the North Philly university’s program would be moved to an “unranked” position for the rest of the year and removed from a second, separate ranking. “U.S. News has moved Temple to the ‘Unranked’ category in the Best Online MBA Programs rankings and removed the school from the Best Online MBA Programs for Veterans rankings,” said Robert Morse and Erik Brooks, part of the data team at U.S. News & World Report. “The Fox School of Business originally reported that all 255 new entrants, or 100 percent of the class, submitted GMAT scores,” Morse and Brooks wrote. “The school later informed U.S. News the count of new entrants submitting GMAT scores was actually 50 students, or 19.6 percent.” The next move from Temple? Ordering an independent review of the data reporting process. “The integrity of our data and reporting are paramount,” said Englert in a statement. “After consultation with Provost JoAnne Epps and Fox School of Business Dean Moshe Porat, I have decided to bring in an outside independent analyst to review our data reporting processes, including what occurred in this instance.”… Read full story: Technical.ly...

Consider a US Online MBAs as an International Student...

Through online education, international students can earn a U.S. graduate degree even while overseas. With few, if any, on-campus travel or residency expenses, online students can continue working full-time jobs in their home countries. But before deciding to enroll in a U.S. online MBA program, prospective students should consider three factors. 1. Find out if a school attracts a diverse student body. As an international student, you will have a different cultural background from many of your online MBA classmates. This diversity can be desirable for schools, since it brings fresh ideas, sparks healthy debate and helps all students learn more about business in other countries. During my own search, I looked for an almost entirely online program with faculty and students of various cultures. The school’s website or a student coordinator can tell you more about the demographics of the online MBA student body. If school administrators and professors have previous experience working with international students, they may be familiar with your specific needs and learning styles. In my online program, some professors assigned students to self-reflect on their cultural identities and differences – what they believe regarding how the learning process should work and how different cultural backgrounds affected the way students interacted in- and outside the classroom. At a minimum, I received a much better understanding of differences between my home country and U.S. business culture. 2. Research a program’s ties and opportunities with overseas universities. If you plan to conduct business in countries other than the U.S., you may want to learn more about various markets in different countries. To gain exposure to other business practices, look for an online MBA that offers immersion classes, or courses in other countries, and has international faculty. Immersion...

You can get an MBA without ever putting on pants...

Mashable readers are very into online learning. You’re smart, motivated, and lead very busy lives, so the convenience of a course you can complete at your own pace is appealing. Sites like Udemy and Coursera offer classes in everything from programming to party tricks and are generally designed to be completed within a few hours to a few weeks. They’re quick and relatively inexpensive, and a fun way to stay productive in your free time. If you’re looking for something a little more in depth, however, you can get the same convenience and cost-effectiveness in an online degree from Coursera. They’ve partnered with the University of Illinois to create flexible, interactive, online Master’s degree programs. Coursera is unique in the online learning space for their “specializations,” bundles of courses in areas of study like Deep Learning and Graphic Design. These university courses go a step further by bundling specializations into a full degree program that can be completed at your own pace. There are currently three degrees offered on Coursera from the University of Illinois — an MCS in Data Science, an MS in Accounting and an MBA. Coursera also partnered with HEC Paris, one of Europe’s top business schools, for a Master’s in Innovation and Entrepreneurship. Each of these programs consists of between 20 and 32 courses and can be completed in two to three years (with the exception of the HEC degree, which takes an average of 10-16 months.) Best of all, tuition for each of the programs is estimated to be $30,000 or less. To put that in perspective, the estimated tuition for a University of Illinois MBA student is $58,868 in-state, $83,276 out of state. Graduates of the online degree programs are issued the same...

What Employers Think of Your Online MBA Degree...

When Michael Urtiaga goes on job interviews, he regularly gets asked the question, “How were you able to balance an MBA education at Indiana University’s Kelley School of Business with your previous full-time job near Cincinnati?” The answer: The 36-year-old, who’s now in between jobs, pursued his MBA online through the Kelley Direct program – not by traveling to the school on the weekends, as some interviewers initially assume given that he lives about a two-hour drive away from the campus. Urtiaga says interviewers generally seem accepting of his online degree given the strong reputation of the school. Still, he sometimes needs to answer questions about the pros and cons of online learning and the real-world benefits the online program offers. “Oftentimes, you can see their faces change as you go through the conversation,” says Urtiaga, who completed his MBA last year and is now pursuing an online master’s in strategic management as part of a dual degree program at Kelley. There’s still a bit of a stigma, he says, but people usually come around when they hear some of the format’s virtues. Recruiters say most employers accept job candidates’ online MBAs from respected schools, especially now that the quality of an online MBA education at many institutions is equivalent to one on a physical campus. But in some cases, experts say, there’s still the need to educate companies about the legitimacy of many online programs. A significant portion of employers won’t even ask about the format in which the degree was earned, says Adam J. Samples, regional president of Atrium Staffing in New Jersey. Others will only dig deeper if they have a specific reason to – as in Urtiaga’s case, where they see he worked while pursuing...

The 19 best online MBA programs

An MBA can be a shortcut for ascending the career ladder and boosting your salary. While attending one of best b-schools in the world can be an attractive option — Business Insider published its list of the world’s 50 best business schools in December — for some working professionals it’s not feasible, making online programs a great alternative. U.S. News & World Report recently released their ranking of the best online MBA programs, evaluating schools based solely on data related to their distance education MBA programs in five categories: student engagement, admissions selectivity, peer reputation, faculty credentials and training, and student services and technology. (You can read a full breakdown of the methodology here.) Note that because of multiple ties, the ranking only goes through No. 15. Temple University’s online MBA program took the top spot, followed by Indiana University at Bloomington, and University of North Carolina at Chapel Hill. Read on for the rest of the 19 best online MBA programs in the country, according to U.S. News.Read full story: Business...

Want An MBA For Free? Check Out These Illinois University MOOCs...

Massive Online Open Courses, better known as MOOCs have long been known for their silly name and idealist view on democratizing the college education. This week, one Illinois university gave MOOCs a little bit more cred. University of Illinois Urbana-Champaign announced it would offer all its MBA courses online, for free. That means you can essentially get an MBA from UIUC, ranked in the top 50 nationwide, without paying a dime. Unless you actually want the degree– that will cost you about $20,000, the university said. Regardless, opening up their MBA program as a MOOC is a great way for you to gain a lot of knowledge, on the cheap. And UIUC is not the only Illinois university offering popular online courses for free. Whether you’ve got some extra time on your hands, or are just looking to gain a new skill, MOOCs from a top university can be the way to go. Here are the top MOOCs from universities in Illinois: iMBA from University of Illinois Urbana-Champaign The flagship University of Illinois school made headlines for offering its MBA program online on Coursera, and rightfully so. Starting in June, MOOC-only students get to sit in on classes such as managerial accounting, and focus on specializations such as Leadership and Management, and Entrepreneurship and Innovation. What’s even better is that you can actually get a degree from the university via Coursera, but you will have to be admitted to the certificate program and pay about $1,000 per course. That’s a total of $20,000, which may seem like a lot, but the on-campus price ranges from $50,000 to $100,000. You also get special support from faculty and advisors that students who don’t pay won’t get. Right now UIUC is only...

Students feel benefits of an online MBA – even before graduation...

For ambitious executives looking to make the next step in their career, an additional qualification can seem like a good move. And with an ever-growing number of courses available via distance learning, their goal is now closer than ever. Most business schools offer a range of courses online, from the classic MBA to more specialised masters’ programmes in fields including marketing, finance and HR. While some involve the option of a face-to-face segment of the course, many can be completed without the need to physically attend the university at all. But for those considering this option there are several key questions. What does distance learning involve? How do the courses differ from those taken face-to-face? Can it fit in with a busy, and sometimes unpredictable, working life? And, crucially, is it worth it? For Travis Callaway, the answer to that last question is unequivocally yes. Callaway, who graduated last year, took the global MBA at Durham University while working in sports advertising in his native Canada. And already he has seen the effects. “I’ve been given more responsibility and a pay bump, and had I not taken the course there’s no way that would have happened,” he says. And he is not alone. Research from the Forte Foundation published last year suggests that MBA students can expect an average pay increase of 35-45 per cent on graduation, rising to 55-65 per cent five years later. Callaway, 29, has been working in sports advertising since completing his first degree at 21. But although he had been promoted several times, he thought an MBA would give his career the boost he was looking for. “Career progression was the main factor for me, and it’s always good to get new skills,” he...

Harvard B-school opens the flood gates with online courses...

After a pair of highly successful pilot runs, Harvard Business School is now opening its online program in business basics to students worldwide. The school is also inviting admitted MBA students to enroll in the program as a pre-MBA boot camp experience, particularly for non-traditional admits or those who need more basic quantitative work before showing up on campus. All told, slightly more than 1,100 students have now taken the primer on the fundamentals of business called CORe (Credential of Readiness) program. In the first beta starting last June, the trio of courses—Business Analytics, Economics for Managers, and Financial Accounting—were open to only undergraduate students attending colleges in Massachusetts and alumni. Some 600 students took the $1,500 two-month program. Harvard then tested the suite of courses on 500 managers at nine different companies in a B-to-B experiment. For the first time, HBS is now opening up the program—based on case studies and videos—to applicants worldwide, including adult learners who have been out of school up to 10 years, and students admitted to the school’s full-time, on-campus MBA program this fall. Initially, the program was designed largely for non-business undergraduates who needed the business basics to give them a leg up on the job market when they graduated from college. These latest changes could put the program in competition with more expensive Executive MBA programs, which demand a greater time commitment from managers with 10 or more years of work experience. EMBA programs cover a lot more ground, but Harvard’s imprimatur on this program of business basics could make it appealing to managers who otherwise would attend second-tier EMBA programs. CORe more directly competes with summer business programs for undergraduate students from schools like UC-Berkeley and Dartmouth College’s Tuck School...

10 Most Expensive Public Online MBA Programs

Students looking to earn an online MBA may have an easier time getting into some of the top programs. But that doesn’t mean they’ll have an easier time paying the bills. Tuition at many online programs isn’t necessarily a deal when compared with the costs at some on-ground MBA programs. Online students don’t have to pay commuting costs, and if they’re working while in school, they don’t lose wages, either. But when it comes to tuition, their options run the gamut. [Explore the top 20 Best Online MBA Programs.] Total program costs at public online MBA programs range from just above $2,000 at the low end to more than $95,000 at the high end in 2014-2015, according to U.S. News data collected from 69 public online MBA programs. The University of North Carolina—Chapel Hill, which tied for No. 1 in the online MBA rankings, had the highest total costs. Students in that program will pay a total of $96,775, according to data reported to U.S. News. Online MBA students at Southeastern Oklahoma State University are at the other end of the spectrum. The total cost for that program is $2,066. Students at UNC and the other nine most expensive public online MBA programs pay significantly more than most of their peers. On average, students attending public online MBA programs in 2014-2015 pay $25,525 in total program costs. [Discover what to look for in online MBA faculty.] Below are the 10 public online MBA programs with the highest total program costs based on 2014-2015 rates. The list does not include schools not ranked by U.S. News. Unranked programs do not meet certain criteria that U.S. News requires to be numerically ranked. U.S. News did not ask schools whether these rates...

Mooc Maker To Compete With B-Schools With Tuition-Free Online MBA...

The University of the People – a digital non-profit university – has become the latest tech upstart hoping to disrupt the business education industry. UoPeople is in the process of developing two MBA programs in management and entrepreneurship, to complement its two undergraduate business administration degrees. Not only will they be taught entirely online but they will be offered entirely tuition-free. Other online learning providers have launched a plethora of programs similar to the executive education courses offered by business schools – short customized programs sold to corporations that generate much revenue – but UoPeople is thought to be the first to reveal plans for a full MBA program online, for free. It is collaborating with academics from leading business schools. Roxie Smith, vice president, is developing the MBAs with Russell Winer, a marketing professor at NYU Stern School of Business in the US, along with UoPeople’s board. As well as Russell, other board members include Stephan Chambers, former director of the MBA program at Oxford’s Saïd Business School in the UK. Founded in 2009, UoPeople is one of a cadre of technology organizations, including Coursera, FutureLearn and Udacity, which are encroaching into business schools’ territory with their free business content, often developed by top academics. Known as Moocs, or massive open online courses, these digital programs have been deployed as marketing tools by a legion of universities and their business departments, including Europe’s Henley Business School, HEC Paris and IESE Business School, while elite institutions in the US like Harvard and Wharton have pioneered the concept. UoPeople has grown to have about 2,500 students from more than 150 countries, a third of whom are from the US but many are from the African continent and Middle Eastern region....

U.S. News & World Report Ranks Best Online MBA Programs for the First Time...

Choosing a high-quality online MBA program may have just gotten easier with the addition of its own rankings category from U.S. News & World Report. For the 2015 Best Online Programs rankings, Best Online MBA Programs has become its own category for the first time. Non-MBA business programs are still covered under the Best Online Graduate Business Programs category. Online programs are becoming more common. One in four students in the fall of 2012 took at least one online course, according to the National Center for Education Statistics. Since MBA students are often working professionals, online classes can be a more convenient option. A unique set of data was used to create the rankings for Best Online MBA Programs. Reputation and the selectivity of a school’s admission process are important factors for most online MBA programs, so they were important factors in the rankings for this category as well. Five categories were used to create the Best Online MBA rankings, with varying weight per category. Student engagement makes up 28% of the score, admissions selectivity makes up 25%, peer reputation makes up 25%, faculty credentials and training makes up 11% and student services and technology makes up 11%. Only 195 schools met all the credentials to be included in the 2015 Best Online MBA rankings. Indiana University, Temple University and the University of North Carolina tied for the No. 1 spot in the Best Online MBA rankings. Here are the schools that made the top ten online MBA programs for 2015: 1. Indiana University—Bloomington (Kelley) 1. Temple University (Fox) 1. University of North Carolina—Chapel Hill (Kenan-Flagler) 4. Arizona State University (Carey) 4. University of Florida (Hough) 6. University of Texas—Dallas 7. Carnegie Mellon University (Tepper) 7. Pennsylvania State University—World...