Pages

Online MBA programs are worth the investment?

There is a recent Bloomberg BusinessWeek story entitled "The Blues Online MBA salary," which explores the idea that graduates of distance learning MBA can not see as much of a raise as the traditional ending, based on class of programs.

The story is based primarily on data entry salary for the inaugural cohort at the University's new online program of North Carolina Kenan-Flagler Business School, MBA @ UNC. BusinessWeek essentially argues that, because new students are already doing much more than class-based students ($ 128,500 versus $ 55,000 per year) will be very difficult for graduates in line to see the same increase as traditional students do . Although this hypothesis is largely speculative and seemingly limited (after all, the online program at UNC has only just begun, and there are only 19 students in the inaugural class) will be an interesting case study for education programs distance in general, as the UNC form of the online program offers the same exact program of its kind based on the program, for the same price.

This parity curriculum is particularly interesting given the difference between the wages of entry for each cohort. In fact, salary $ 128,000 pre-registration is high for an MBA program, but this discrepancy appears to be part of the course distance learning MBA programs, BusinessWeek and the history of data points greater creation of the MBA program online at the Indiana University Kelley Direct

At Kelley Direct, the average salary for MBA class of 2010 was around 70. $ 400 in tuition, with 2 percent of students who earn $ 120,000 or more, according to Kelley. Upon graduation, the average salary had risen to $ 89,100 with 26 percent of students earning at least $ 120,000. The increase in average wages was $ 18,700, or 26.5 per cent. In dollar terms, which is about half of the increase achieved by full-time MBA Kelley, whose salaries increased by about $ 37,000 or more than 70 percent to $ 89,144.

These data show that, here too, the starting salary based cohort in the class should be substantially less than one line - about $ 50,000.

So the big question: Are online programs provide a good bang for the buck? The answer is it depends on who you are. The discrepancy in the wages of entry for both programs, in any case, show that two different formats draw two types of students - the class-based formats are good for students earlier in his career, while online students are usually more advanced. In fact, Indiana 26. Growth of 5 percent of salary actually fits very well with those of comparable ranking EMBA programs (graphic data Financial Times):
 Therefore, it seems that just in terms of wage growth, there may be some overlap in terms of students seeking EMBA programs. What makes UNC's decision to use the same curriculum as their online program based on the class more interesting program. Let's wait and see how the program progresses, but in the meantime, be sure to read about the MBA distance MBA Find this article.