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3 answers

This is a trick question -- because on-line MBA programs cannot be considered as either low cost or the best.

Employers will not respect an on-line degree -- particularly an MBA. On-Line degrees cost about twice as much as a good state school -- so you would be better off going to your local public university. However, MBAs really only pay off if you get one from a ranked program. The higher the ranking -- the bigger the payoff.

You may want to look at the link below. It is an article that explains why The University of Phoenix is not taken seriously by employers and the kinds of problems that the school is having. Other For Profit universities that offer a lot of courses on-line are having similar problems.

2007-05-16 07:57:47 · answer #1 · answered by Ranto 7 · 1 0

Online MBAs are a waste of time and money. The return on your investment is virtually zero. There is simply no value in them - don't read their program information brochures and be deceived! They will attempt to answer questions about why you should enroll and why it is the best choice. They are just as costly, and the only benefit is the flexibility. If that is the issue at hand, then enroll part-time in your local university.

The value of an MBA comes from the classroom, and who you meet. The interactions, and the learning. You will need those skills and will not acquire them in an online MBA program. Then what happens when you are called upon to lead in your job?

It matters where you get your MBA from as well. This is the most important thing. Try your best to get into a rated program. The higher, the better. These established programs (such as Wharton, Sloan, HBS, INSEAD, Stanford, etc.) have credibility and recognition. There's the general opinion that anything that can be studied at home is worth less than what you can learn in class. There's the risk of cheating, and there's also the question as to just how effective can something like this be?

Whatever you do, I would strongly advise against it. Like they say "It's so easy, even a caveman could do it!"

2007-05-16 15:20:47 · answer #2 · answered by Anonymous · 0 0

The link in my source list is a list of the 25 lowest priced AACSB accredited schools that have 100% online MBAs. This is the same B. School accreditation as Harvard, Yale and all of the best business schools, and you will find most of them on this list are small State Universities.

Many programs do not distinguish on their diplomas that it is an "online MBA" and also offer regular "face-to-face" classes.

Your best bet is if one of these colleges is in your state, so that you can get in-state tuition. This is far cheaper and more reputable than the for-profit online schools.

2007-05-16 15:52:01 · answer #3 · answered by nec2400ipx 3 · 0 0

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