Earning an MBA Online
By Stanley Rubenti
Stanley Rubenti
Degrees to Succeed Columnist
If you plan to become an entrepreneur, investor, market analyst, or broker, you'll be faced with numerous business decisions throughout your professional career. But the most important financial decision you'll ever make is whether to attend business school. Earning an MBA online is a huge investment that should never be taken lightly. If you're sitting on the fence, consider the facts.
Earning an MBA Online Can Increase Your Salary Greatly
According to the U.S. Census Bureau, those who graduate with a master's degree or higher make almost 20 percent more than their bachelor's-only counterparts. Keep in mind that this statistic lumps all masters graduates together. Business school graduates enjoy an even bigger boost. According to College Journal (a subsidiary of the Wall Street Journal), starting salary out of business school is just under $90,000 a year.
Earning an MBA Online Happens at Your Pace
Although MBA programs that are online certainly have deadlines, they can offer much more flexibility with regards to class schedules because much of the material is archived on the Internet. In earning an MBA online, you can attend class whenever you have free time. That means you can study and work at the same time.
Earning an MBA Online Will Keep You Connected
E-commerce and regular commerce used to be very distinct fields. Now they are synonymous. According to Forrester Research, U.S. online retail sales are expected to be around $200 billion in 2006. And that's just retail. Imagine what advertising, stock investing, travel reservations, and other services will amount to. It's easy to see how earning an MBA online (as opposed to in a traditional classroom) is advantageous, given the direction that Internet technology is taking the financial and business worlds.
Sources:
CollegeJournal
US Census Bureau
Forrester Research
About the Author
A freelance writer, Stanley Rubenti currently lives in Bangkok where he writes columns for a variety of publications. Stanley holds a B.A. in history.
Posted on:
May 16, 2007
