Business degrees are one of the few degrees that are almost universally agreed to be well worth the cost. In fact, a recent report from Pew Research Center indicates that MBA holders earn an average of $45,000 per year more than their non-MBA counterparts. Additionally, the leadership and management skills learned in a business degree program are directly applicable to a successful career in business — which explains why so many people are opting to earn an MBA.
Of course, life can make it difficult to actually earn that MBA. From the expense to the time commitment, finding an alternative way to earn the degree has never been more relevant or necessary.
Earning a business degree online is one of the best ways to receive the benefits of an MBA while avoiding many of the challenges that earning a traditional MBA can involve. Here are just a few ways an online business degree is a viable alternative for those seeking the benefits of a business degree.
You can learn while keeping a full-time (or part-time) job
Online business degree programs make it much easier to work at the same time, thanks to the flexible schedules that most online programs provide. Not only can you continue gaining relevant work experience while in school, you can help offset the cost, as well!
Build your time-management skills
Even the most flexible online business degree program will demand a significant amount of your time and attention. This provides the perfect opportunity to practice time-management skills — skills that are essential for achieving in the business world!
Prove (to yourself and others) that you can be self-disciplined
While traditional business degree programs provide a fair amount of structure, an online business degree program requires you to be self-disciplined enough to get your schoolwork done without someone checking in on you during class once or twice a week. In addition to being great practice, most employers will recognize the fact that your online business degree required a significant amount of self-discipline. And of course, you can mention this in interviews to really drive the point home!
Opens the same doors as a “traditional” business degree
Ultimately, an online business degree opens many of the same doors that a more traditional degree would, without many of the hassles that come with driving to a campus at a set time every week. For students who are serious about gaining the benefits of a business degree, the online route is a viable — if not ideal — setup.