Friday, May 2, 2008

Benefits of Online MBA Course

Why do you wish to pursue an Online MBA Course? The followings are some of the most of the reason on why pursue an MBA:

  • Online MBA course candidates are able to develop analytical skills to identify, analyze and resolve problems faced in management and business
  • Online MBA course candidates are able to develop the skills of leading people and managing people
  • Online MBA course candidates are able to develop a life-long personal and professional relationships with other students, which may turn out to be extremely useful business network.

Online MBA Course Benefit No. 1 - Analytical Skills


The forte of virtually all online MBA course is to be able to teach its students analytical skills in analyzing and addressing business problems. These problems range from more simple human resource problem such as maintaining harmonious working relationship within the organization to complex business decision such as investing million of dollars in a business venture.

In fact, survey results carried out on employers of online MBA graduates show that the attributes that they were most satisfied with is the analytical skill demonstrated by these online MBA graduates.

Therefore, any online MBA course that focus on the effectiveness of developing a studentҀs analytical skill can hardly go wrong. Big schools, small schools, well-known schools, and little-known schools - they all produce online MBA graduates who get high marks for analysis and technical competency.

Online MBA Course Benefit No. 2 - People Skills

The next important tangible benefit that you may derive from an online MBA course is the people skills. Soft management skills, interpersonal, people-management skills are all soft skills which are hard to be taught.

That is why it is important to choose an online MBA course with a detailed curriculum on people skills. The reality is that as business managers rise in their organizations and take on ever-greater responsibilities, the percentage of their time devoted to "people problems" increases exponentially.

The CFO of one of the world's largest soft-drink giants (one of only two), whose training had been in accounting, mentioned that 95 percent of his time was spent dealing with people problems; the financial issues had to be compacted into the remaining 5 percent. Hence you can see how important is the people skills in todayҀs business world.


Online MBA Course Benefit No. 3 - Business Networking


Of course, probably the most important and most enduring benefit for all online MBA graduates are the acquitances found during the program. The deep relationships with other members of the online MBA course had proven to be important business network to the life-time career of the graduate.

For those whose online MBA course failed to foster a strong sense of connection among their student colleagues, the entire online MBA experience is discounted as little more than a "hurdle" to have jumped over in pursuit of greater management responsibility, rather than as a time of personal growth, important learning and life-enhancing relationships.


Even though relationship building is very important to the online MBA experience, few courses actually make a conscious effort to facilitate that process. That failure diminishes the value of services rendered to their online MBA students, and accordingly leads to lower retention rates and a diminished sense of alumni loyalty and support once the students finish their programs.
This not only results in the loss for both programs and their students; it is a needless one.

Therefore, every credible online MBA course should facilitate this connection and networking. However, it takes more than merely providing forum space for students to discuss their problems; there should be organization of face-to-face meetings of some sort.

CONCLUSION

The decision to pursue an online MBA course is becoming increasingly more complicated in this era of business world. The demand of a good online MBA graduate is likely to increase over the years.

If you are still contemplating the online MBA experience, the choice among the different online MBA course will not likely yield a measurable difference in the mastery of technical and analytical skills. These skills are the hallmark of virtually every accredited program.

In contrast, the concurrent mastery of people-management, leadership, and teaming skills is a greater variable in choosing among the different online MBA course. Prospective MBA students should expect that - should demand that - from their online MBA course.

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