To keep pace with the increased market demand for distance programs, more schools are developing and offering MBA programs online. Enrollment at online colleges and universities has been rapidly growing over the last decade; between 2009 and 2010 alone online enrollment grew by nearly one million students. The online education market share has increased to nearly 10%, which means that nearly 1 out of every 10 students is enrolled in an online program.
Additionally, 1 out of every 6 students has taken or is taking an online class. In the last decade, enrollment at online colleges has grown by nearly 300%. This unprecedented growth will benefit students as more schools continue to offer online programs. The increased educational choice will result in higher quality programs, for as the lesser quality programs struggle to attract and retain students in the free-market they will either improve the quality of their online programs or be forced to close. Take advantage of the opportunity to earn an MBA from an accredited online school.
Popular MBA Programs Online
Accredited colleges and universities offer MBA online programs that can be completed in full-time, part-time, executive, or accelerated formats. Program concentrations include:
Online MBA Programs Graduate Qualified Professionals
An online MBA program’s coursework is very similar to the coursework offered at traditional ground schools. Generally, MBA coursework surveys finance, statistics, management, economics, marketing, advertising, production, operations, information technology, and organizational behavior. MBA coursework is intended to build student’s critical thinking skills (qualitative and quantitative analysis) and fundamental knowledge about the practice of business.
For example, upon graduation from an accredited MBA program students should be able to define basic marketing principles (such as target segmentation, physical distribution, and promotion), basic principles of finance (such as knowledge of stocks and bonds, financial markets and interest rates, capital budgeting, time value of money, and financial analysis), basic accounting principles (such as cost behavior patterns, terminology of managerial accounting, standard costs and incremental analysis in managerial decisions, and cash flows in financial statement analysis), basic production and operations (such as concepts of operations management in a global competitive environment and how to design and manage operations), and basic information technology (various methods of system development, social and ethical issues, international issues, advanced information systems concepts, behavioral and organizational issues).
MBA online programs prepare graduates who are qualified to work in a variety of industries earning a competitive salary. The average MBA graduate earns approximately $75,000 dollars annually. And by the age of 50, the average salary of an MBA graduate is $120,000. Over the course of a lifetime an MBA graduate can expect to earn almost half a million dollars more than the average bachelor’s degree holder.
Enroll to take advantage of the wide variety of MBA online programs that are offered by accredited schools. Earn an MBA with a cutting edge concentration from an online college.