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Thursday, September 06, 2012

An MBA, a click away by FIONA ELLIS

You can earn an MBA degree with the click of a mouse — almost.
According to a recent survey, an increasing number of students are bypassing traditional methods of education and earning a Master of Business Administration online or through distance learning.

Photo: Toronto Star

In July, Quacquarelli Symonds (QS), a global career and education network, reported a significant increase in the number of people earning MBAs online or by distance learning. More than 15 per cent of applicants — compared to less than 5 per cent in 2009 — indicated they prefer online or distance-learning MBAs over traditional full-time, part-time and executive study programs. And, for the first time, QS released a Distance Online MBA Rankings this year.

Online learning offers unparalleled flexibility, says Deborah Hurst, associate dean and program director for the MBA at Athabasca University in Athabasca, Alta. “People are realizing they don’t have to put their lives on hold to go back to school. They can continue working, can continue on with their lives and their commitments and realize the quality of their experience. It could actually be better than it would be in a classroom.”

Leslie Oman, from Toronto, says her online MBA qualification was crucial to getting her a promotion. Oman, 45, had worked in internal IT managerial capacities with global professional firm PricewaterhouseCoopers (PWC) for eight years and was ready for a new challenge. But to advance in her job she needed an MBA, and it wasn’t feasible for her to quit her job to study full-time. “I made a decision that, given I was in a job that was very stable, I would take on doing an MBA while working full-time,” she says.
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Source: Toronto Star