The 25 Best Online MBA Degree Programs for 2013
Whether seeking to start a new career in business, or to climb the ladder within an already established career, earning an MBA degree may make good career and financial sense. According to a 2011 research survey by The Graduate Management Admission Council, 2010 MBA graduates had a median starting salary of $78,820. The median salary for all MBAs surveyed was $94,542, with an additional $17,565 in bonus compensation. Moreover, nearly 9 in 10 (88%) of 2010 MBA graduates had jobs immediately upon graduation, with hiring prospects expected to improve even more in coming years.
Advantages of Online MBA Programs
Traditional full-time MBA programs come with numerous hidden costs, including at least two years of lost income, experience, visibility, and possible promotions, not to mention major sacrifices in personal and family life. This is why many people choose to pursue their MBA online. With an online MBA program it isn’t necessary for an individual to sacrifice work or family in order to achieve their dreams and improve their quality of life.
The Variety of Online MBA Programs
The quality, status, and popularity of online MBAs continues to rise, with more and more highly ranked business schools offering online business degrees every year. But not all online business degrees are the same. Not only do online MBA’s come in a variety of formats, but their quality and prestige vary widely as well. That is why it’s important to make a thorough investigation of the many different online MBA programs available before making such an important decision and investment.