Online MBA vs. Full-Time MBA


I do not have any experience completing degrees online, but I do participate in quite a bit of recruiting.  I did want to chime in with a piece of advice on terminal degrees.  If you are looking to do an MBA or PhD, I would strongly consider the pros and cons of doing an online version of either of these programs.  Often, you only have one shot at a program like this (Most reputable MBA programs will not allow you to enroll if you already have a Phoenix MBA), so you really want to make an informed decision before jumping in.  Look at whether or not you would benefit from a full-time program, an internship, or the class interaction & network benefits.  I will not say anything bad about online MBAs and PhDs, because I know it is the only viable option for many people, but as someone who is involved in recruiting, I can tell you that they are not valued nearly as highly in most Fortune 500 organizations.  Right or wrong, it’s the truth.

My advice would be to take as many related Masters programs as you think you can, but leave the MBA for when you are ready to commit to a top 25 program.  For example, if you have a Thunderbird Masters (Not an MBA) in International Business, that shows that you were willing to work hard and get a masters degree while you were in school.  That is a huge plus when people are looking at you, from a work ethic standpoint, and it still leaves open the possibility of getting a top 25 MBA later on.

I hope that wasn’t too snobbish, but I did want to throw that caution/advice out there because I have seen too many extremely intelligent, ambitious people get an online MBA that will not pay them back the way a full-time MBA would have if they had just waited for the right time in their lives.  I hope that helps.  Good luck out there!

Todd Hagopian

Follow the original answer on Quora.com:  http://www.quora.com/What-should-a-prospective-online-student-know-when-considering-an-online-school-or-online-courses/answer/Todd-Hagopian

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About Todd Hagopian (@ToddHagopian)

Todd Hagopian received his BA from Eastern Michigan University with a major in Political Science. After graduation, he worked as a Financial Advisor and a Bank Manager before returning to school. He attended Michigan State University, where he completed an MBA with a double-major in Finance and Marketing. Todd is now a Senior Product Development Manager for a Fortune 500 company. He frequently writes about business issues, social media strategy, and political issues that he finds important. Enjoy the blog!

Posted on September 23, 2011, in Business Strategy and tagged , , , , , , , , , . Bookmark the permalink. Leave a comment.

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