Overview
If you want a degree that
is versatile and practical, consider an online Masters of Business
Administration (MBA) from one of the top online schools. An MBA studies
management, finance, economics, entrepreneurship and other business
disciplines.
Prerequisites
Undergraduate degree, usually a few years
of work experience and the Graduate Management Admission Test (GMAT).
Potential Applicants and Career Paths
Some individuals decide to
pursue their MBA in order to facilitate a career change. Others hope to
upgrade their career or salary potential and enhance their skill set.
Some MBA students begin their graduate studies directly upon finishing
their undergraduate degree, but this is a select, small minority.
Timeline
Full-time students can earn their degree in 2 years while
those pursuing the degree part-time can expect to invest 3 or 4 years,
depending on their scheduling.
Curriculum
An online MBA teaches
classic business principles and the latest industry trends, while
providing greater insight into working with computers and navigating
internet resources. Whether you plan to start your own enterprise or
someday occupy an executive’s chair, an online MBA affords you
tremendous career flexibility. Most MBA programs require a cumulative
project or thesis to complete the accredited online degree. With an MBA,
you’ll stand ready to climb the corporate ladder or launch your own
innovative venture.
Concentrations
Students in online graduate
business programs can specialize in a number of fields including:
business leadership, finance, supply chain management, real estate, marketing, human
resource management and process management.
Value to Employers
Today, employers demand more education and expertise from their employees. MBA degrees
are especially popular since the program prepares students for advanced
leadership roles in business or government.
Salary Potential
When weighing the worth of an MBA versus concentrating on work, consider a recent survey
of business workers with varying backgrounds; the study found that CFOs
without a degree had an average salary of $38,920, those with a
bachelors earned $88,836 while MBAs earned an average of $104,284. Some
studies indicate that MBAs earn up to 145% more over their lifetime than
non-degree holders. The Graduate Management Admission Council suggested
that post-MBA salaries could jump up to 50% over pre-degree salaries.
While geographic location and experience ultimately determine just how
much a person will make, MBAs average starting salaries of $76,000 to
$90,000 upon graduation.
eCollegeFinder.org helps you find degrees from accredited online colleges to start a new career or improve your current job. Search eCollegeFinder.org today and find the right online degree for you!