January 29, 2010, Newsletter Issue #194: Four questions to consider before you enroll in an online MBA program

Tip of the Week

Pursuing the MBA degree, whether online or on campus, is a huge commitment and prospective students should perform a careful self-evaluation before enrolling in a program. Here are four questions to ask yourself before you sign up:

1. How much time can I commit to participating in classes and studying? Expect to spend 2 to 4 hours per credit per week on your studies. (6 to 12 hours per week for a 3-credit course.) Online MBA degrees can take as little as 18 months or as much as 3 years to complete.

2. Am I disciplined enough for online learning? Online degree programs require more discipline than classroom-based degrees because much of the work is done at your own pace. Some students are more motivated by a classroom setting with a fixed schedule.

3. Can I afford it? Most online MBA programs offer some kind of financial aid. Your employer may also offer tuition assistance for programs related to your industry. Check with your human resources department for more information.

4. Do I have the right combination of experience and education? MBA programs, whether online or classroom-based typically require that students have some business experience. Some MBA programs are specifically designed for students with management experience. Check with admissions officers before you enroll to ensure you have the necessary skills to handle the coursework.

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