Some of the best value offering online MBA Programs.
An online Master of Business Administration degree is a captivating option for job-holding students who are dealing with family, career and other responsibilities. An online MBA offers the students to complete their masters from the comfort of their home. Online programs save your travelling time and other stress due to day to day hectic work. Along with these benefits,an online MBA program costs much cheaper.
If someone is pursuing a part time MBA from Chicago and residing in Kentucky,he eventually needs to travel every week from Kentucky to Chicago. Either they need to shift nearby Chicago to avoid hectic travel. This will charge an extra cost. Online MBA programs facilitate your studies as they are less cheap,suggests Edinburgh. Pursuing an online MBA program cuts off all this stress.
Although some online programs are expensive too.Carnegie Mellon University, runs the online MBA programs and charges around $140,000.
But the program worth paying the amount because of is ranked No. 3 by Fortune. In Fortune rank list of the best online MBA programs, there are many others too which are pocket friendly too. You just need to find your own satisfying option among them.
Indiana University—Bloomington:
In Fortune's rank list the MBA program offered by The Kelley School of Business at Indiana University—Bloomington ranks No. 2. In the history of the University several students from 29 non- U.S. countries have pursued their MBA degree, thus providing it a significant international element. 90% of the students are not residents of Kelly and pursue their degree in distance learning mode.
The University provides seven different major choices and their half of the classes are optional(elective).All the alumni achieved success ,around 64% had their promotions and earned an average salary of $122,000 upon graduation.
Tution fee charged for a two year online program is more than $70,00, which is a comparatively affordable option as compared to the full time MBA programs offered by top ranked universities.
University of Florida:
The University of Florida charges $60,000 for an online MBA course. The University offers a two year online program or one year accelerated program. It provides limited seats for only 65 students to maintain perfect student-teacher interactions. University of Florida ranks No- 5 in Fortune's rank list.
The tuition fee costs only $59,808. They also encourage students to use resources that include the University of Florida MBA Association and Networking Nights to conjoin with alumni.
University of Arizona:
The Eller College of Management at the University of Arizona ranks 16th in Fortune's rank list.It is a somewhat cheaper choice for an online MBA program.It charges $51,525 for the two year scheduled program. The University offers the choice from six areas of concentration.Also the University provides flexible study hours. The tenure for degree completion ranges from 14 months to 30 months. They also provide 6 different commencement date options each year, from which one can choose their desired one. Throughout the world ,the University has 3,600 MBA alums.
University of Pittsburgh:
The Katz School at the University of Pittsburgh offers a unique online MBA program which allows the students to get an on campus experience for a few classes along with the online lectures. The MBA program affected by University of Pittsburgh ranks No.7 by Fortune.
The tuition fee for the two year tenure costs- $35,190, which is half of the fee charged for other programs. They offer elective selection of courses that match with their career zest.
Along with these,they provide an option to get hands-on experience in one of nine different areas of business by completing a Katz Credential.
University of Massachusetts—Lowell:
The MBA program offered by University of Massachusetts-Lowell ranks No. 18 by Fortune's rank list. Candidates can complete their MBA in 12 months just by paying $19,650. One can complete their MBA by choosing a usual program with border electives or even the customized one of nine business concentrations. According to a statement released by their official website, their students can earn an average salary of $83,000.
Other factors rather than cost which should be kept in consideration:
Not only the ranking of the MBA program and it's cost matters but there are other factors too.
In Edinburgh's view, ranking is not that mandatory for an MBA program.Also choosing a program which costs more but provides better placement opportunities is worth opting for than the cheaper one.
He suggested the students monitor the achievements of passed out students of the University they are planning to join. Availability of resources in an online class must be kept in check like mentorship, resume, and interview clinics.
He adds, after the completion of your MBA programs the thing that matters is how you are ending up after the completion i.e. their placements.
Following may help you as well.
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