Online MBA Programs Facts

Based on the statistics from the US Department of Labor, those people who have a master's degree earn 18% more in a week as compared to those who don't have one. The annual report about the current status of online education in the US, entitled In Growing by Degrees: Online Education in the United States, 2005, indicates that online education I getting more and more famous and accepted. Their studies show that 44 percent of schools that have traditional master's degree programs also offer online master's degree programs. The convenience of distance learning attracts more and more people who want to advance their career while still maintaining their jobs.

According to the statistics of the US Department of Education, there are over 75 colleges that currently offer MBA programs online with accreditation. There are plenty of subject areas to choose from. It includes arts, science, accounting, fine art, education, finance, real estate, business administration, and a lot more.

An online master's degree program will require a bachelor's degree. Along with this, a huge portion of your time is also required for you to study in the virtual classroom. The curriculum along with other materials can be obtained through various methods like email, virtual lectures, chats, reading and writing assignments. Keep in mind that there are those who would require you to attend workshops and courses physically to earn residencies.

If you're asking where testing takes place, it's held right in your neighborhood. If you're having financial problems, you can resort to loans, scholarships, federal aids, financial aids, and employer tuition reimbursement programs. When it comes to duration, most MBA programs require 30 to 60 semester hours. This can be completed in as short as 15 months up to 36 months.

To differentiate master's degrees, you need to take a look at the post-nominal letters. This signifies the level of academic achievement that you have earned. The famous types of master's degrees education available are Master of Science (MS), Master of Arts (MA), Master of Education (MEd, MAT, MSEd), and of course, the Master of Business Administration (MBA). If you're busy with your responsibilities at home and the office, an online MBA education is right for you. It's getting really famous as 1 in every 5 students that is taking an master's degree program is taking an MBA. Distance learning will provide the opportunity for people to enhance their careers.

Based from the statistics provided by the US Bureau of Labor Statistics, people who have a master's degree earn $200 more than those who only have a bachelor's degree. As you can see, distance learning can give you a chance at a better future by improving your career while still keeping your current employment and situation at home.