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Online MBA

The Internet has lead to a huge increase in the number of distance learning programs available to MBAs. Many well-respected, accredit school have designed Internet MBA programs for students in remote locations or those who can't travel to campus often for class. An online MBA can be a great option for those who can't take time away from their career to attend a traditional program.

Advantages of an online MBA:

  • Less time commitment than traditional programs.
  • Flexibility to schedule class work around your personal and professional life.
  • Ability to attend classes even while traveling.
Disadvantages on an online MBA:

  • Limited interaction with classmates. Most people find one of the most rewarding aspects of business school is the life-long friendships. Strong relationships are difficult to form with distance learning.
  • Students may not have access to traditional business school services such as career placement.
  • Some may find it hard to discipline themselves to study when classes are taught online.
  • There have been some less than reputable "schools" offering online MBA programs in recent years. Be sure you understand about the school's accreditation and reputation.
  • Some employers may not recognize an online MBA as they would a regular MBA program. Research potential future employers to understand their perception of online MBAs.

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Intel will no longer pay for some MBA courses

On Dec. 5, 2006, the Arizona Republic published an article which stated that computer giant Intel Corporation will no longer pay for business courses taken by its employees at schools which lack accreditation by the Association to Advance Collegiate Schools of Business (AACSB). The University of Phoenix (Phoenix, AZ) and Strayer University (Arlington, VA), both online schools, lack this accreditation. According to the article, other large corporations are expected to follow Intel's lead.

OlgaJay
BS Wayne State University, MEd George Mason University