Advantages of Accelerated Online MBA Program
The fact that students who take the accelerated MBA program online can save you time and money. Students can also increase the potential for job without losing valuable time According to a survey by The Wall Street Journal, 82 percent of former students claimed reenter into the workforce faster becomes a major factor in choosing the accelerated MBA program. In addition, the cost of an accelerated MBA program less than two years. So the financial benefits and students can make money faster make accelerated Online MBA program becomes a very good option for financially.
Multiple option for Accelerated Online MBA
Many schools offer accelerated online MBA program geared to the individual student. One good example is the accelerated MBA program at Suffolk University. Suffolk University offers the Accelerated MBA for Business Previous Major that allow students with business experience to select and waive 8 courses of 18 class MBA program. Suffolk also offer accelerated MBA program for lawyers. These programs without requiring the GMAT. Business law class is removed and transferred four subjects of the students course during law school. This can shorten the MBA program class and remove at least five subjects. Students enough to take 10 to 13 subjects. Suffolk also offers an accelerated MBA for CPAs in the same way.
Now more campuses are starting to offer accelerated MBA program. But keep in mind that it is very important to ensure that an MBA degree is given by the duration of the study. Currently, there are two schools that offer one-year Online MBA program designed to complete within 10 to 15 months, those are Babson College and the University of Florida. Both are in the top 10 for a one-year MBA program, ranking by Macquil.com. There is also a business school The University of Florida is accredited by AACSB, the University has just recently awarded "excellent" by The Economist magazine's online MBA program.
Acceleration class and common class
In the accelerated classes, lectures more intense and more often. Accelerated program more suitable for students with a broad background in business. At least someone with professional experience of two years. Lectures will begin with a more advanced stage than the general classroom. Accelerated classes will no longer discuss the basic concepts in business and students learn practical business programs directly. Often the accelerated program tied with general programs. As at Babson College started an accelerated program in May for 12 weeks of intense. Then students take courses along with second-year students from the general MBA program. This means that the student has taken some essential business courses before taking the one-year program such as Financial Accounting, Finance, Managerial Accounting, Statistics, Quantitative Foundations of Decision Support Systems, Operations Management, Strategy, Organizational Behavior, Marketing, Microeconomics, Macroeconomics and Business Law
Although currently experiencing an increase in popularity, there are pros and cons on accelerated MBA program online. Based on The Wall Street Journal Survey, nearly two-thirds students one-year online MBA spent more than 15 hours a week for school work outside lectures and class discussions. Coupled with intensive study, students in the accelerated program had little time for other activities. Some students experiencing fatigue and other students said it was unable to absorb fully the course and case studies. However, there are several benefits of such a hectic schedule, some students and alumni reported that the intensity of the acceleration program helps students closer to the subject and the other students.
Students who take one year MBA program / accelerated program does not have many opportunities to widen their network with other students and likely get a career with the help of an administrator than a student of general program. Students with accelerated classes have a short time for an internship or consulting project so that the chance of establishing a relationship with the company is less. Based on the Wall Street Journal report, students who took the accelerated program does not get much relief from administrators. This is due to the accelerated program is a program designed for someone with extensive business experience. So that 1 year program is not good for students who are still looking for a career and need a lot of contacts with the industry. Such students need general online MBA program or two-year program. While experience students/profesional students does not necessarily require an internship or career assistance so that they are more suitable for online accelerated MBA program.