Are you set to study MBA from a reputed business school? Pursuing an MBA can be an excellent career choice, but you just might have to empty your bank account as tuition fees in recognised B-schools worldwide are increasing constantly. So what should you do? Let’s find out....
MBA is certainly among the most pursued education programmes across the globe. I believe that a degree in business can undoubtedly help you to gain leadership and managerial skills and broaden your networking. But as most brick and mortar B-schools and universities are charging excessively high tuitions, does it really make sense to pursue an on-campus MBA programme? I don’t think so. But don’t take my advice.
Why Go Online?
A new study conducted by Wharton School, one of the foremost US business schools, shows that online programmes, including diplomas and MOOCs, are more cost-effective and resourceful than traditional programmes. Karl Ulrich and Christian Terwiesch, the authors of the new report, believe that online courses like MOOCs are more productive when compared to the cost of tuition in on-campus MBA courses. The study goes on to say that online business diplomas offer you greater flexibility so that you can study at any time you want, which is a boon for most learners.
Moreover as these programmes divide study materials into different segments and deliver them through short videos/audio presentations, a process identified as “SuperText” in the study, it offers you a better learning experience.
The researchers said, “It is SuperText that poses the threat and the opportunity. The MOOC . . . is a Trojan horse: while public attention was focused on the massive and open characteristics of the courses, the SuperText technology quietly proved highly effective as a learning technology.”
Online Education...The Current Rage
Whether you admit it or not, online learning programmes have presently become a rage among learners and professionals alike. As online diplomas are affordable, you will be able to learn the core and advanced elements of business management without emptying your pockets. Perhaps the greatest advantage of pursuing an online diploma in business is that it gives you the opportunity to learn while you earn. You can easily work a full-time job and also pursue your online business programme at the same time. It gives you the scope to balance your personal, academic and professional life effectively.
Fast Track to a Better Future
What’s more, you will also have the option to top up your online postgraduate diploma in business management and fast track to the final year of an accredited MBA programme from a recognised business school or university. Thus online business diplomas are definitely a cheaper and better alternative to traditional MBA. Not only will you learn essential knowledge, abilities and skills, but you will also be able to earn a recognised qualification at minimal cost. Moreover, as online diplomas are now accepted by employers all across the world, you can easily get employed in a managerial role at a multinational organisation.
Online programmes like business diplomas and MOOCs teach you to apply business management knowledge to solve business-related problems at your workplace. With a recognised business diploma, you can increase your income, transform your career and accomplish your targets successfully.