The Cost of MBA Program

The cost of education is very dependent on the type of educational programs, education providers, long program and other costs.

Cost of Online MBA Program compared with On-campus MBA Program

The cost of an online MBA program is generally not the same as on-campus MBA program. Several types of costs in on-campus MBA program can be deleted in the online MBA program. While there are also some online MBA program costs that do not exist in the on-campus MBA program such as the cost of technology.

Cost of The Online MBA Program

Textbook

Although all classes are held using a computer, you still need some textbooks and some other educational materials.

Computer

As students online MBA program, you must provide a set of computers, printers, scanners, hard drives, software, operating system and Internet services.

Online versus on-campus

Online MBA program students are not asked to come to attend classes on campus, so they can save money traveling to campus such as gas, parking, motorcycles and others. They also do not need to pay for student housing, food costs and other costs.

Residential and Tuition Fees

It is advantageous in a distance program or online MBA program is generally the same tuition fee, even if you live in the country or outside the country. For example, if you want to get an MBA from Colorado State University (the campus is known for its good quality and affordability). Programs that you can be synonymous with on-campus programs but at a lower cost. Although the cost of on-campus program reached $ 29,000 to $ 53,000 for resident and nonresident, the fees charged for an online MBA program is only $ 26,000 for the student wherever he is. In addition, Northern University charging $ 78,268 for a Full Time MBA program on-campus, but only charge $ 62,500 for an online MBA program. Cost Online MBA Program at Portland State University is also less $ 38,000 compared with the on-campus MBA program full time for resident $ 42,144.

But there are also some attractive university MBA program costs equally between on-campus and online MBA programs. There is also some attractive university fees online MBA program is more expensive than on-campus MBA program.

Other Courses in MBA Programs

There are some other course that will be offered to Students who get online MBA Program or on-campus MBA Program. These program are also important to equip students

Other Courses in MBA Programs

Business law: in this class, students will gain knowledge about the legal system in the United States that apply to business and enterprises as well as how to avoid the risk of the law.

Business research and statistics: In this class students will learn science research statistics and probabilities are very useful for taking decisions bsnis.

The business policy: in this class students will learn how to create a team within the company policy that may affect employee performance.

Entrepreneurship: This class examines the strategy in launching a business including making price concept, the preparation of an effective business plan and get startup capital. Creativity and innovation are emphasized in this business.

Business economics: the students in this class will look at the economic principles such as supply and demand, resources, and opportunities and how it is viewed in the business perspective. The emphasis in this class is the economic strategy to gain the maximum benefit.

Human resources management: in this class will be taught management strategy in recruiting and hiring the best employees and retain employees who support their development.

Business ethics: in this class, students will learn how to build ethics in business, learn the values ​​of the company.

Thus some of the courses in the MBA program will be taken by students. All subjects were prepared and designed to MBA program students acquire enough stock in the business world.

Courses in Your Online MBA Online

The online MBA program consists of several courses that are challenging for the students. It aims to equip students at the time of filling management positions in a company. Classes in the MBA program provides best practices for problem-solving and communication about the business environment, explore theoretical and practical knowledge in the real world.

Courses in the MBA Program

In the MBA program, students will update their skills and update their knowledge of business technology and software. In the MBA program are many programs that will help students prepare for challenges in my career. Courses offered in the MBA program is interdisciplinary and touching various areas interconnected. Although there are several kinds of programs, most are still covering the topics of finance, management, accounting, global business, marketing and technology.

Accounting

Financial accounting: a class that emphasizes how to read, analyze and interpret financial statements and provide information about the financial performance of the company to the leading companies. Processes in accounting and methods adopted also receive emphasis.

Managerial accounting: students who take this class will get the preparation of a leadership role when students get the role of managing the company. Students will be in view of cost behavior, cost analysis, profit planning, step - step control and capital budgeting decisions.

Cost accounting: This class will explore the accounting related to the job order and process costs, cost-volume-profit, variable costs, pengangaran, standard system of financing, and analysis of variance. Decisions and differentiation between direct and indirect costs will also be emphasized.

Forensic accounting: In this class will be taught conduct an audit of fraud, as well as measure the damage caused by fraud. Legal issues will also be material in this class

Tax Accounting: This class will equip students with an understanding of the tax for individuals, companies and larger organizations. The students will study the issue of federal taxes and state taxes as well as best practices.

Finance

Financial Analysis and Financial Statements: Students will learn through case studies of this material to make a good company's financial statements. Students will study and analyze company reports and communicate effectively on the other team members.

Corporate Finance: This class will focus on capital budgeting techniques, management of risk and uncertainty, investment decisions, company valuation and corporate planning.

Risk Management: In this class students will gain knowledge and best practices to protect the company from losses. they will learn to identify, evaluate and monitor financial risks facing the company.

Management

Management science become the main material in the MBA program. Therefore, in the MBA program are 7 management subjects that students are required before entering the world of business and manage the company.

Organizational leadership: through case studies, this class will teach students about modern management, such as networking, training, culture, leadership, delegation of responsibility and team leadirship and individual leadership.

Supply chain management: This class teaches students about the solid foundation on materials, logistics management from the perspective of the general manager. Students will learn strategies for customer service, quality control and inventory management. Focus on how logistics decisions have no effect on the company or the organization as a whole.

Communication Management: Internal and external communication for the manager will be studied in this class. Conflict management and communication from top to bottom is also emphasized. Students will also learn how to adjust your communication to various audiences

Operations management: operations management will explore the planning, operation and control products and services. Students will learn Project Management, inventory management, forecasting, and quality control.

Human capital management: Always included in the concentration of human resource management, human capital management teaches managers how to effectively establish and trained personnel and help achieve their career within the company.

Strategic planning and implementation: students will learn the skills of leadership. Key points in these classes is teach students about the value of the mission, vision and values ​​of the company.

Project management: in this class teaches students effective techniques of how to plan, organize, control and execute projects of various scope and assign tasks and responsibilities on major projects.

Marketing

Marketing management and analysis: based on the basic marketing concepts, this class will help students to use marketing concepts in a management capacity. Students look at the price, distribution, promotion, and consumer behavior as well as learn how to develop strategies to effectively marketing products and services

Marketing research: students learn to define marketing problems, collect data and carry out research in the classroom. students also discover how to read the research findings and discuss the implications for marketing.

Product management: This class explores strategies untu oversee the conceptualization, development, prototyping, product design and labeling. Market testing and launch of new products nationally.

Global or International Business

International Business Strategy: This class focuses on economics, finance, technology, marketing and operations in a global context. The lecture will discuss how to conduct business country other countries and how to lead with a cross-cultural.

Global leadership: students learn the importance of a global mindset and how this relates to leadership.

Global economic environment: This class gives students strategies to compete in the international business environment. Students learn how to overcome the barriers of doing business in the cultural, economic and environmental polititk diverse. The effects of risk management is a component of this class.

Business Technology

Unuk information systems manager: designed to help managers understand the information. This class will discuss the various information systems they will encounter. Including database management, executive information and expert systems.

Introduction to Information Security: This class will teach students how to protect sensitive company information. Control and measurement is very much on information security.

Accelerated Online MBA Program

An accelerated MBA program is a program that offers an MBA degree in one year. The program is shorter than the general program that spent two years. In the accelerated online MBA program, students have the classes, completing assignments, participate in discussions via the internet platform together with other MBA programs. However, the accelerated program is  faster and need hardwork. Accelerated Online MBA program will be completed within 10 to 15 months. Since many people achieve success in the accelerated program, the current acceleration program earned a lot of popularity. Based on data obtained during admission of the program, number of applicants is higher acceleration program of the 2 year online MBA program.

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.

Choose a program based on your speed, Full TIme, Accelerated or Part Time Online MBA Program

One of the advantages of the Online MBA program is flexibility to students. To complete the task - a task according to their schedule. Students do not need to go to college, simply by accessing the website campus courses from home, office or other location that has Internet access.

Accelerated , Full time or Part Time Online MBA Program

A student studying from home can stop the video lectures to take something then continue their learning activities. If a professor teaching a difficult matter, students can replay the section to better understand the material. So that students do not need to rush to make a record. You also do not have to worry about lagging certain parts of the course material. Students who access the online courses have enough time to understand all the information in the course material. 

Full Time Online MBA Program

Although students gain a lot of flexibility in acquiring the task of professors, students also have to collect duties in accordance deadline given by the professor. If the student does not immediately collect the duties they will be left behind in college. and that all important task should be completed in the course of the semester. Thus, online MBA college students also have to be disciplined like the student on-campus MBA and will need around 18 months to 2 years to complete the program.

Part Time Online MBA Program

The online students also have the option to attend part-time MBA program online. This path is very advantageous for professionals who work full time and only had a little free time, family and other obligations. Some MBA program is specifically designed even part-time. If you are a professional and have a family, it is very important to and select the appropriate program and can be completed a little slower.

Accelerated Online MBA Program

Some students want to be able to soon get their degree faster. For students like this, one of the online MBA program can be an option. Accelerated online MBA program is designed specifically for students who are highly motivated to win the title less than two years or more. This program is specifically designed for those who can accomplish many tasks in a short time. Some of the online MBA program for the acceleration will take 10 to 15 months.

Despite the accelerated program is a program that is more challenging than 2-year program. Some reports indicate that high-intensity learning to help them in the learning process. Produce high value on the exam and project. Fast Track MBA program makes the opportunity for them to enter the workforce faster than a regular MBA program. For those who want to quickly pass and have a high discipline, the accelerated program is an exciting program

Whether you opt for fast track program or the standard program, you need to remember that you have to have a serious commitment to achieve success in the study. All courses in an accredited MBA program and requires the dedication of the students

Teaching and Learning Processes of an Online MBA program

For some people choosing an Online MBA Program is the right choice. Because the Online MBA program has many advantages, a wide range of quality, as well as providing various types of courses in accordance with the focus, method, and the concentration of the target audience. So it is very important for you to do some research before deciding what program that meets your needs and career goals. However, there are some characteristics shared by the online MBA program and can give you a better idea of what you can expect from an online MBA program. The following are the processes of teaching and learning in an online MBA program

Teaching and Learning Processes of Online MBA Program

Duration of Program

Most full-time online MBA program requires a minimum of 18 months to two years to complete the program.  Full-time students normally take three or four courses in one semester. To get good results, students should spend about 20 hours a week to do chores, learning, reading books, making presentations and others. Although the number of hours spent fluctuate, but it always represents a serious time commitment. Those who choose the Online MBA program must have a high commitment in order to complete the course work and earn a good GPA.

Accessing The Class

Most of the course material in the online MBA program can be accessed asynchronously. The purpose of the asynchronous is that students can access course material for 24 hours. That means students can access course material given by teachers for 24 hours. So you can access course material at any time. Sometimes there is also a Web conference accessed in conjunction with other students and mentors. The advantage of asynchronous online classes is that you can access on the days and hours according to your schedule. You can access the morning or evening  after  work.

When you log in to the college management system, you can see all the classes you take. Of every class you take, you can see the syllabus, class schedules, assignments, lectures and instruction from professors. Once completed, the task is send via email or drivebox.

Completed the group task and exams

In the online MBA program, exam materials posted on the campus site and students are not allowed to replace the screen on the computer to minimize the possibility of students seek answers through web surfing. However, some professors ask students to come directly to campus to take exams. This provision is notified in the course syllabus. In addition to exams and individual tasks, the Online MBA program also has the task groups. The group tasks are certainly a challenge for each member of the group who had never met face to face. Although students and professors have never met. Professors and students still interact using email, the campus website, and webinars.

Classes and courses

books, textbooks, e-textbooks, and others will be informed through the syllabus and each, you can download lectures on the program's website or buy them separately. Nevertheless, even at this time Online MBA programs are on course material package in your program.

Online MBA Admission

Once you find out what are the benefits of taking online MBA program and you have selected the business school you choose and have chosen the online MBA business school program for you and choose whether you take the GMAT or not. Now is the time you apply for an online MBA program you want.

Prerequisites Registration "Online" MBA Program

The business school has some prerequisites. The main prerequisites for registering is that you have graduated from an accredited university or college. You do not need to pass a business degree. In addition they want to see a high GPA and then they also want to see if applicants have the interpersonal, communication, problem solving, experience good organization.

The MBA program also has a general requirement to ensure that students have a general knowledge of the same. Because such knowledge will help them understand the business disciplines in the MBA program. Some students who do not have a business background should complete the prerequisites. Only applicants who do not have a business background will take this prerequisite is the material about the introduction of management, finance, accounting and marketing.

Prospective students must meet the prerequisites and they have several options. Prerequisite courses can be taken at other universities or university before taking an MBA, or a few schools provide an accelerated program for the preparation of the program. Students who take the course may have to consider the College Level Examination Program (CLEP). A comprehensive exam covering material college level courses with specific subjects. By getting a satisfactory score on the CLEP, it can be used to fulfill the prerequisites of the online MBA program.

Some universities prefer students who have experience working for a few years. Because the MBA program is designed for professionals who have years of work experience. Therefore, work experience is also becoming one of the prerequisites in applying for the MBA program either online or on-campus MBA MBA. Some MBA programs also require students already have experience working in the field such as public sector, nonprofit, or other fields in accordance with the proposed MBA program. While some MBA programs provide more specific prerequisites such as the MBA program with a specialization in management can provide the prerequisite of three to five years of managerial experience. While advanced program like the Executive MBA asking prerequisite work experience of 7 years.

Sending your application

At the time of going to submit an application, you probably are familiar with various preconditions. So that when you submit an application, you must ensure that you have fulfilled prasayat requested. In applications that you send, you must list all of the significant achievements that you achieve. Resume quality is very important for a business school program so that it shows that you are an interesting candidate. In addition you also to note that the letter of reference from your colleagues as leaders where you work, where you work associations, or professors who've educate you so you need to show who you are and how your quality. Until then you will Dibri selection essay writing what you want to do can have graduated MBA and career goals you want to earn. Or you are required to attend an interview to provide more information about yourself.