A Masters Degree in Business Administration is the most popular type of master’s degree available. The core courses in the MBA program are designed to introduce students to the various areas of business such as accounting, marketing, human resources, operations management, etc. Students in some MBA programs have the option to select an area or multiple areas of concentration and focus approximately one-third of their studies in this subject.
If you’re interested in getting a master’s degree in business administration to help advance your career, but you don’t necessarily have the time to attend class full-time, then getting an MBA degree online is for you.
According to CareerMag.com, about 93% of students who are attempting to get their online MBA degree work full-time jobs, and many of these students have been in the work force for at least 10 years. Some of these students are required by their employer to get an advanced degree, but many choose to get an online MBA degree to increase their marketability.
A MBA usually focuses on a particular field of business such as finance, public administration or technology. As previously stated, a MBA is among the most popular masters degree’s asked for, which is why so many online universities offer them. The most basic types of MBA programs are as follows:
- Two-year (full-time) MBA
- Accelerated MBA
- Part-time MBA
- Executive MBA
- Distance Learning MBA
Obviously, if you are looking to participate in an online MBA degree program you will want to keep an eye out for online universities that offer distance learning MBAs. A full-time MBA program takes 2 years to complete so one should assume 2 or more years when applying for an MBA program online. The nature of an online program is to ensure the flexibility and availability of classes and areas of study to all who need them. This, in turn, allows you to take less credits than is usually allowed by brick and mortar schools, so the amount of time it takes to accomplish a certain degree might take longer than originally stated.
How many years to attain this degree: 2
Credits needed: 60-120
Average salary: $90,000
Prerequisites: Bachelor’s Degree