The article gives an analysis of Online MBA For Working Adults. After taking the first step by deciding on an online MBA program, the next important aspect to consider is the rankings of the online MBA programs offered by different business schools. There are a number of online MBA schools and there are many factors which should be taken into consideration while a candidate is applying for an online MBA program.
The best way to identify and judge these parameters is simply by looking at the rankings of the particular online program. One thing which needs utmost attention is that sometimes the rankings can be misleading if they are not obtained from authentic sources. Many a times it has been seen that the course providers themselves manipulate these ranking just to get more business from the admission of the students.
There are many parameters upon which these rankings are based on and the weight that a ranking provider assigns to the respective parameter. That’s why it is so ambiguous in nature. The factors like the faculty strength, the profile of the faculty teaching online, then the average time each instructor is available online to guide the students etc are taken into account while assigning weights to each one of them. These weights are then converted to ranks with the help of statistical tools available.
So while choosing it is always advisable to depend only on the authentic source of rankings and not on the ranking provided by the individual course providers themselves. There are many official web pages for separate countries that provide the user with authentic rankings. The other factors which are considered while rankings are made are the course fees, the course structure or content, the relevancy of the course with the current business scenario, the option of financial aid for bright yet needy students and finally the most important criteria, the placements.
Candidates opting for online mba degrees should keep in mind these factors, usually these factors are available in the business magazines, business web pages etc. It is also very important for a student who wishes to peruse an online MBA know the accreditation status of the program, however this status will be reflected in the ranking some way or the other. It is worthwhile to mention that rankings of an online MBA should not be the final conformation for enrolling in the course.
Although pursuing an online MBA from a top ranking course provider is prestigious but it is the discipline and hard work of the student which is very important. At the same time getting an online MBA degree from the ranking of the lower quartile is also not very recommendable because at the end it is not about the degree only, it is mostly about the implementation of the knowledge in the work place. So a lower ranking course is less likely to impart the proper practical knowledge necessary.
There is however a word of caution for the aspiring students, that is not to get too puzzled by the flashy advertisements which include self proclaimed rankings.