Stanford GSB | Mr. Fill In The Gaps
GRE 330, GPA 3.21
Darden | Mr. Military Communications Officer
GRE Not taken yet, GPA 3.4
INSEAD | Mr. Behavioral Changes
GRE 336, GPA 5.8/10
McCombs School of Business | Mr. Texas Recruiter
GMAT 770, GPA 3.04
USC Marshall | Mr. Strategy Consultant
GMAT 730, GPA 4.0
UCLA Anderson | Ms. Qualcomm Quality
GMAT 660, GPA 3.4
HEC Paris | Mr. Introverted Dancer
GMAT 720, GPA 4.0
Georgetown McDonough | Mr. Navy Vet
GRE 310, GPA 2.6
Kellogg | Ms. Retail To Technology
GMAT 670, GPA 3.8
Berkeley Haas | Mr. Entertainment Agency
GMAT 750, GPA 3.8
Chicago Booth | Mr. Quant
GMAT 750, GPA 3.7
Ross | Mr. Top 25 Hopeful
GMAT 680, GPA 3.3
Berkeley Haas | Mr. Well-Traveled Nonprofit Star
GRE 322, GPA 3.0
Yale | Mr. Gay Social Scientist
GMAT 740, GPA 2.75 undergrad, 3.8 in MS
Wharton | Mr. MBA When Ready
GMAT 700 (expected), GPA 3.3
London Business School | Mr. Low Undergrad GPA
GMAT 760, GPA 65/100 (1.0)
Harvard | Mr. Aspiring FinTech Entrepreneur
GMAT 750, GPA 3.9
Chicago Booth | Ms. Hotel Real Estate
GMAT 730, GPA 3.75
Chicago Booth | Mr. EduTech
GRE 337, GPA 3.9
Columbia | Mr. Infra-Finance
GMAT 710, GPA 3.68
Duke Fuqua | Mr. Vigor
GMAT 740, GPA 3.0
Berkeley Haas | Mr. Hanging By A Thread
GMAT 710, GPA 3.8
Harvard | Ms. Comeback Kid
GMAT 780, GPA 2.6
London Business School | Mr. Family Investment Fund
GMAT 790, GPA 3.0
HEC Paris | Ms. Freelancer
GMAT 710, GPA 5.3
MIT Sloan | Mr. Sans-Vertebrae
GMAT 730, GPA 3.78
INSEAD | Mr. Business Manager
GMAT 750, GPA 3.0

Benefits Of An Online MBA

Online class

Benefits Of An Online MBA

Online MBAs are growing in popularity.

But what is the benefit of an online MBA and how can you choose a good online MBA program?

Heidi Rivera of Money recently spoke to a few experts on what an online MBA can provide and how applicants can choose the right program.

COST SAVINGS

Cost is the biggest benefit to an online MBA versus a traditional MBA.

For one, an online MBA doesn’t require you to relocate or find housing, saving you potentially thousands of dollars versus a traditional, on-campus MBA.

While many online MBA’s have costs similar to traditional MBA’s, there are select online programs that are more affordable and hold great value.

In addition to lower cost, an online MBA can offer students more flexibility by allowing them to schedule classes at their own pace. Additionally, according to Rivera, students in online MBA programs are likely able to keep their job while studying rather than take a two-year break from work to pursue a traditional, on-campus MBA.

CHOOSING THE RIGHT ONLINE MBA

Much like choosing a traditional MBA, the selection of online MBAs is vast.

However, experts say one of the first things applicants should do is figure out what their goals are and how an online MBA program can help them achieve those goals.

“It sounds obvious, but you’d be surprised at how overlooked this is,” Linda Abraham of Accepted tells Money.

Abraham recommends that applicants do research on a specific program’s curriculum, the faculty, and the school’s career support to see if they align with your career goals.

Additionally, experts recommend applicants to verify a school’s credibility. Typically, you’ll want to ensure a b-school is accredited by the Association to Advance Collegiate Schools of Business (AACSB).

And while cost of an online MBA is certainly lower than a traditional MBA, experts still recommend applicants to do a cost analysis of different programs.

“I encourage students to really dig deep before they make the investment,” Abraham tells Money. “Yes, the investment is less than with the full-time (residential) MBA program, but it’s still significant.”

Sources: Money, P&Q, GMAC