In 2011, the Graduate Management Admission Council conducted a survey that showered good news on students planning to attend one of the top online MBA schools. According to the survey pertaining to 2010 statistics, the median salary for MBA graduates started at $78,820 and the overall average salary was $94, 542. Many of these graduates also enjoyed an average additional bonus of $17,565. Moreover, nearly 88% of MBA graduates were able to land a job directly after graduation and the hiring projections for the future look even better.
Why Attend One of the Top Online MBA Schools?
Students who choose to complete their college career on campus may face hidden costs as well as loss of income while they are in school, while those students who elect to finish their college degree online at one of the top online MBA schools will be able to work while attending college, due to the flexibility that online colleges offer. Online MBA schools provide students with the ability to live their life normally, including working their day job and attending to the daily demands of their family while also accomplishing their MBA degree.
Convenience, Cost-Efficiency and Lucrative Salary
Furthermore, students who attend one of the top online MBA schools also have their choice of when they study, where they study and, quite often, how fast they can acquire their degree. When you combine these factors with the statistics from the Graduate Management Admission Council’s 2011 survey, the reasons to pursue an MBA online degree are apparent; not only can degrees be achieved at the students pace through online colleges; an MBA degree from one of the top online MBA schools will also reap desirable financial rewards in the near future, as well as be more cost efficient.
Attend the Top Online MBA School of Your Dreams
Plus, students are given the opportunity to receive degrees from top campus colleges, because many of the big names in college campuses are joining the online education community, too. Now, with more and more traditional college campuses offering online degrees, you don’t have to live within driving distance of the college that you want to attend. And, if the college of your choice has not yet decided to offer online classes, they may just be adding them in the near future!
Top MBA Schools Joining Online Schools
In CNNMoney.com’s article, Online MBAs heading to the ivory tower, they talked about how UNC’s Kenan-Flagler, an elite traditional campus college, just joined the list of colleges who now offer the online college experience. Despite the skepticism from students and faculty, the dean, James Dean, of the University of North Carolina’s Kenan-Flagler Business School acknowledged his critics and explained why he felt adding an online curriculum is important to the college and potential and current students.
“Many of our full-time MBA students are not convinced this is a good idea,” he stated. “They underestimate the challenge of what it is for people to remain in their jobs and work and study for the degree.”
Can You Really Do An MBA Online That You Can Be Proud Of?
Dean James Dean admitted that he had some reservations about the concept, too. “To be honest, I was initially skeptical,” he conceded. “I wondered: Can you really do an MBA online that you could be proud of? I came around to the idea that this was a great opportunity for us and could change the nature of business education at the top schools.”
Apparently, the college has decided that you can acquire an MBA online that you can be proud of. In July of 2011, UNC’s Kenan Flagler became the highest ranked business school to offer MBA degrees online in the entire U.S. The online education from Kenan Flagler Business School does not come at a low price, however. They anticipated the first class to have an enrollment of 50 students, and each student could expect to pay $89,000. Within this hefty tuition, students are allotted four weekend residencies that take place in different locations around the globe.
Attending one of the top MBA schools provides prestige and a promising future to graduates, and now students can choose to earn their MBA through a top online school. With the convenience factor, the choice of top schools that were once attended only on campus, and the fact that salaries are promising for MBA grads, the MBA online degree is now more achievable, desirable and conveniently obtained.