Do Online MBAs Make the Grade?
The popularity of Online MBA is soaring but
some are diploma mills, making recruiters wary of virtual degrees.
This article will outlines some tips for picking up a good program.
Many businessmen, entrepreneurs and those who work for international
businesses today are on the frequent moves; they may attend a meeting
in Tokyo, Japan yesterday, meet up their customer at Shanghai, China
today and need to host an important conference tomorrow at Chicago,
USA. While maintaining a hectic travel schedule but wishing to advance
their career with an MBA, but they are tough to attend on-campus
courses; hence, getting the degree online can be the only option.
RIPE for Fake Online Degree Courses
Many online MBA programs are designed to suite
for busy people to get the advanced education without the need to
put aside their career for a year of two and attend the campus-based
MBA. But, as in many growing fields, cautions abound. Concerns about
fake Online MBA or “diploma mills” without proper accreditation
are growing. With so many online MBA programs popping up, it is
estimated that nearly a million people fall for fake programs every
What are the criteria
for choosing an online MBA?
The criteria for choosing an online program
differ from that of the more traditional full-time one. Here are
some guidelines for selecting the cyber-course that's right for
- Accreditation - The mandatory first step in
choosing an online MBA is to find out if it's accredited and by
which organization. If it's not accredited by the AACSB (Association
to Advance Collegiate Schools of Business), the oldest and most
well-known accrediting organization, then you should look for
regional accreditation. This means that the organization examining
the program is approved by the U.S. government.
- Interaction - It's the high level of interaction
between students and faculty that separates a solid program from
a poser. Good online programs are the ones that offer virtual
classroom with guidance from lecturers. The professors must be
available for online discussion and the students could also call
them on the phone to discuss coursework. Some online MBAs do offer
brief in-classroom periods where the students need to travel to
a school's physical campus for a short period.
- Resources and support - It's especially important
to have a large online library to conduct research for papers.
The best programs will go beyond that and even have an online
service to help students with their writing. To find out if such
resources exist, call institutions to ask about the faculty's
credentials, as well as the students. The qualities of both sets
of people will help determine how much you're getting for your
- Cost - Just how much money you'll pay for an
online MBA program can vary broadly, it may cost $5,000 to $10,000
for unaccredited programs to $45,000 for Kelley MBA. The best
deals are often found at state universities.
In general, whether you choose to go for that top-tier Online MBA
program or your neighborhood institution, seek the right fit. And
always check the credentials of the online programs and confirm
the accreditation before your register the Online MBA program.
College Degree Resources
Online Colleges - key accreditation bodies that provide links to online
colleges that meet graduate degree criteria
Online Degrees - whether it is a Bachelor Degree or Masters Degree, review
your online degree options
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