What do the Harvard Business School, Sloan School of Business and Wharton School of Business have in common? They accept only the brightest and the best! Do you know what is common among 90% of candidates that don't get into these elite schools? They all have fantastic grades during their undergraduate tenure. So do you fall in this 90%? Don't fret; this may have been a blessing in disguise.
Most top MBA programs cost in excess of $150 thousand to complete. These estimates are based on 'modest' living in big cities like Boston, New York and Chicago besides the expense of tuition, books and fees. It is easier to have a 'modest' living if you are simply a graduate student; it is a challenge if you have been earning in the real world and even harder if you have a family depending on you. So how do you get an outstanding education and a valuable MBA program without paying student loans until retirement? The solution is clear - get an online MBA degree. You can keep your current job, pay a lot less, work just as hard and earn the same degree.
One of the biggest concerns of students seeking online programs is if the University only exists on the World Wide Web. Because of the flexibility they provide and an ever-increasing cadre of non-traditional students who want to move up in their careers without giving up their current jobs, most traditional universities are starting to offer online programs. The most in demand program is an online MBA program. These programs have the same rigor as any traditional MBA program with a lot of writing and research. The top ten online MBA Programs as rated by Economist, Financial Times, U.S. News & World Report and the Wall Street Journal are listed below with program details.
1. The University of Florida, Hough Graduate School of Business at Gainesville, FL, provides an accelerated 16 month program if the applicant has a bachelor's degree. Each term is four months and requires one weekend visit to campus.
2. EI Business School at Madrid, Spain, offers a Global MBA Online Program offered both in English and Spanish. The program lasts 15 months and requires two week-long visits to campus.
3. Indiana University, Kelley School of Business at Bloomington, IN, offers a two year program and lets the student complete it in up to five years, allowing the student to set the pace.
4. Thunderbird School of Global Management at Glendale, AZ, offers three versions of the program that can be completed in 19, 28 or 36 months. Three quarters of the program is online and the last quarter is executed through regional business seminars held around the world.
5. The University of North Carolina, Kenan-Flagler School of Business at Chapel Hill, NC offered its first program during the Fall of 2011. The student can finish the program in two to three years. Two-weekend face-to-face meetings are required, though no campus visit is required.
6. The University of Maastricht, School of Business and Economics at Maastricht, Netherlands, offers the Euro*MBA: the 2-year program is jointly offered by six of the best business schools in Europe. The program, however, requires six weeks of face-to-face interactions at various European cities.
7. Babson College, F.W. Olin Graduate School of Business at Babson Park, MA, offers a Fast Track MBA program that can be completed in two years with a focus on Entrepreneurial leadership.
8. Duke University, Fuqua School of Business, Durham, NC, offers a Global Executive MBA program that is designed for managers and executives. The program requires residencies at five international locations.
9. Penn State World Campus at College Township, PA, offers the iMBA program that can be completed in two years. Students are required to attend two one-week residencies on campus.
10. Drexel University, Lebow College of Business at Philadelphia, PA, offers the MBA Anywhere program, which is a two-year degree, with multiple business specializations.
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