Many universities offer online MBA programs. Some programs can be completed entirely online, but others have brief on-campus residency or internship requirements. A few MBA programs require that students spend time at a business.
Students can choose programs that have a specialization, such as accounting, finance, marketing or project management.
Online MBA programs require about two years of full-time study. A bachelor's degree in a related subject is required for admission. Students study management, leadership, human resources and strategic planning. Courses may include finance, data analysis, corporate governance and marketing in a global environment. Many programs teach students how to create a business plan.
Master of Business Administration
Students acquire practical, relevant skills through the online master's programs in business administration. They examine key concepts and develop skills in accounting, management and business. In order to qualify for an online graduate business management program, students must have a bachelor's degree in a related subject.
Information and Requirements
Most online MBA programs take two years to complete, assuming full-time enrollment. All of the courses are available online. Some schools require that students attend campus for a two or three-week intensive residency experience, as well. Students may also need to complete an internship.
Courses are accessed through different learning systems available on the Web, such as Blackboard. Students log into the classes, where they can interact with professors and classmates, complete assignments and listen to lectures. Some programs emphasize teamwork, using technology to create opportunities for students to interact.
Students must have a computer and reliable Internet access. Other computer software programs, such as Adobe Flash, Microsoft Office and a media player are necessary so they can participate in video and Web chats and turn in assignments.
Although online MBA programs don't have any general education requirements, students may need to pick a specialization. Specializations could include business administration, human resources, accounting and finance, project management, leadership or marketing.
Business Strategy and Industry Analysis
Students examine how markets determine a business' effectiveness. They also learn how to create a competitive business strategy.
Students explore the way world events and daily decisions made by business owners affect how business is performing. They also study the principles of accounting and various accounting methods.
Students study management skills that are effective in a business environment. They learn to manage projects designed to keep production up and employees motivated.
This course introduces the principles and theories of international business, including ways to negotiate and make a multi-national business successful. Students study marketing techniques to learn how to target products to different regions or areas.
With a master's degree in business management, students can enter any field in business. They can go into accounting, human resources or business management, depending on their specializations and their interests. For many of these careers, students need at least a bachelor's degree, though a master's degree could provide more specialized information for advanced career opportunities. According to the U.S. Bureau of Labor Statistics (www.bls.gov), as of May 2018, administrative service managers earned a median salary of $96,180, accountants earned $70,500, financial analysts made $85,660 and human resource managers made $113,300.
Continuing Education Information
Graduates who want to continue their education have many opportunities. Students can pursue post-master's certificates or advanced licensure and certification options within their chosen field. Different fields have different qualifications, such as completing a certain number of years in the field before eligibility for licensing exams.
Students who focus on their online studies full-time can expect to complete their degree in two years and be prepared to enter the work force. Depending on their chosen specialty and desired career, an MBA will likely give graduates an advantage when searching for jobs as they will be equipped with advanced business and management skills.