Today there are hundreds of online MBAs available to choose from. If you are considering going down this route, choosing the best online MBA program for you is a “must” — here are five considerations to help you choose.
- Accreditation of the University or College
- Accreditation of the Business School
- Reputation of the Campus
- Reviews from Online Students
- Reputation Amongst Employers
Accreditation of the University or College
There are two main accreditations for online universities in the United States — national accreditation and regional accreditation. It should go without saying that you want a degree from a university or college that hold some form of recognized accreditation. Many respected universities offer online MBAs (sometimes called “Distance MBAs”) including the University of North Carolina, Colorado State University, and the University of Georgia.
Accreditation of the Business School
The next critical question is whether the business school itself holds a recognized accreditation. The “gold standard” for business school accreditations within the United States is the AACSB (The Association to Advance Collegiate Schools of Business). Here is a list of AACSB accredited programs (both online and in-person).
Reputation of the Campus
The best online MBAs are offered by business schools with established residential campuses. Unsurprisingly, the reputation of the in-person campus often follows that program when it’s moved online. For example, two well-regarded online MBA programs are offered by Duke Fuqua and Kelley (Indiana University), both respected and ranked programs in the “real” world.
Reviews from Online Students
Make sure that you research reviews from actual students who’ve attended these programs. There are numerous places to find these reviews including some of the MBA forums like GMAT Club and Beat the GMAT.
Reputation Amongst Employers
Different schools have stronger reputations for particular career areas or specialities (e.g., entrepreneurship, finance, or accounting). When considering your school and program, look for one that’s well regarded among your current and/or target employers for the career that you have in mind. It’s important to remember that employers trust names that they already know!