EARNING AN AMERICAN MBA FROM A DISTANCE
It doesn’t seem like it has been too many years since the US Education market was struggling with the idea of the online MBA program.
Much of the confutation surrounded the notion that industry wasn’t ready to accept a virtual education credential. Obviously we’ve moved passed that hurdle as the US boasts over 355 accredited online MBA programs, with about 85 of these programs being offered from AACSB business schools. The online MBA degree is a highly sought after credential for working
professionals who live a busy life trying to balance their family and work life. Years ago, I needed a business education to move into a technical management position. Going back to school full-time was impossible as I already had a full- time job and a family of four, who all had their own daily schedule I had to support. My MBA program had to provide schedule flexibility so that I could do my assignments when I had time. The MBA also had to be low-cost, as I have three kids to put through college as well. I earned my online MBA during the birth of online programs. Today, there are many more options to support working professionals.
The online MBA in the US market is growing much faster than the traditional MBA. According to the Graduate Management Admission Council (GMAC), the increase in online applications increased by 66%; whereas, the traditional MBA applications only increased 42%. Interestingly, international students only make up a small percentage of the typical online MBA class. This may be the reason US MBA programs are working to increase the presence of this demographic. International students will gain considerable experience from their American counterparts, as over one-third of online
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