Do you want to make a difference? Remember: Light never stays still and neither should you. As Steve Job said: “If you haven’t found it yet, keep looking. Don’t settle. Stay hungry, stay foolish.”
For all our busy international executives that are interested in leveling up their business career with an MBA, we did some research and give you some good insights about the hottest trend of the Online or Distance MBA programs:
You shouldn’t, but you’d definitely could and that’s the important point! Recently a very successful businessman that had 27.000 employees, most of them business graduates, informed us he was looking to study an MBA program in order not to feel uncomfortable when managing people with higher education qualifications than himself. Of course, he coudn’t afford going back to the campus studies so an Online MBA was what he chose.
Why an MBA on the first place?
Research shows that the main reasons are to increase your earning potential, be more competitive when looking for senior role opportunities and learn to manage and oversee the work of your employees and heads of departments. Also, if you wish to successfully commercialize what you love doing by setting up your own business, an MBA is a must.
What’s the best timing for an MBA program?
If you already have some business experience or having your own company, you will be able to enjoy much more the benefits of an MBA. as in those cases, you’ll know what to expect from an MBA degree. Additionally, your personal ROI will be much higher as the MBA fees are an investment indeed. Regarding timing, never is a perfect moment however definitely now is better than ever as due to current market conditions the need for skilled managers are in high demand.
The 4 most popular benefits of an online MBA:
# 1 It’s never too late to become who you are
Age can be a psychological barrier as the MBA-interested individuals are unlikely to go back to class at their forties or fifties. That’s due to the lack of time, their family status and their very demanding business responsibilities, but let’s also face it: They have been away from onsite education for more than 20 years, which would definitely make them feel uncomfortable within a group at the age of their son or daughter. What would be the alternative? An online, distance or flexible MBA to tackle this issue.
Networking with international senior executives and managers is one of the key benefits of studying an MBA degree. An online program has the capacity to host much more international participants though, so you’ll have a bigger chance to meet representatives from more countries — an opportunity for enriching you international business knowledge and why not expanding your business?
# 3 You don’t need to move away to move forward
This is 2021 we live in — there is unlimited choice of universities to study at – and of course not everyone is able to move to a new country to gain a prestigious degree. Most well-known business schools do have a strong online version of MBA studies so you can select the best MBA for you based on your personal and professional criteria and not on the restricted location. From our research it shows that one of the best value for money MBAs currently comes from Pecs University in Hungary. Check them out here.
If you are concerned that studying online will be like studying alone, there’s no need to worry at all. High-tech digital technologies enable dynamic interaction over the distance and the majority of the online MBA degrees offer very interactive models of studies:
- Studio recorded lectures with notes written by the tutor so you can listen to your professor wherever you
- Interactive live Q&A sessions with the tutor in real time
- Workshops, discussions on course topics, consultations and presentations to tutors or exams commitees
- Group assignments – preparation of business projects within work groups
- Personal assignments – projects to track your advancement on a course every couple of weeks,
- Live chats with the tutors and study assistants to answer any of your questions
- Exams are a mix of online tests and assignments based on real time business situations.
- An online platform – just like the faculty of a onsite university – with the curriculum, the studies timeline, the recordings, a mailbox for receiving personal evaluation and so much more included.
Do you want to find out more? Start by joining one of our upcoming Webinars on the Online MBA from Pecs University (Hungary) on the 9th of December. Beatrix Lanyi, the Associate Professor, together with Maria Lajos (Admissions) will give insights why this new concept of this International MBA is something to consider. Join in!
Luuk Mulling is an International Education Consultant with >10 years experience in the European Higher Education Market. Based in Barcelona, Webinars4you connects 100s of Universities and Business schools with potential students looking to make the right decision about their study program.