Master in Business Administration

A career in a one of the many roles that help make businesses be successful could be both intellectually satisfying and financially promising. Executives, department heads, and managers all make important decisions that affect the success of the business and guide the strategic planning for the business. Each area in a business, finance, marketing, accounting, and human resource, may require formal education and training from an accredited postsecondary educational institution that offers an online master's in business administration.

The US Bureau of Labor Statistics (BLS) states that top executives of large corporations with an advanced degree in business administration, earned in excess of $100,000 annually. The BLS also quotes financial managers earning approximately the same in 2010. However, the job outlook for various types of business administrators may be different.

Master Of Business Administration (MBA)
A MBA in finance, marketing, accounting, management, e-business, and international business usually takes two years to complete, but this could depend on the enrollment status of the student , full-time or part-time. Most business schools, whether traditional or online, require MBA applicants to either hold an undergraduate degree or be in the process of graduating with an undergraduate degree. They may also require applicants to take the Graduate Management Admission Test (GMAT). A good undergraduate GPA and GMAT score may help in gaining admission into the student's top school choice.

Traditional MBA Vs. Online MBA
The bottom line is, if an online business school is accredited, it offers the same quality of education as any traditional business school. There are some differences between taking business classes on campus and online.

• Online class schedules and coursework are more flexible than on-campus classes because students are able to schedule classes that fit within their current schedule and may complete coursework at their own pace.
• On-campus classes require commuting, while online classes and course materials will be accessible from home.
• Online degree programs may be lower in cost than on-campus programs because students may not have to pay for transportation, textbooks, room and board, and meal plans.
• Interaction with other students and the professor will mainly be through video conferencing, emails, and school chat rooms or instant messaging programs.

Online Master's In Business Administration
An online MBA degree prepares students for leadership positions in competitive business environments. MBA students may elect to choose a particular field to specialize in like project management, marketing, information technology, human resources, accounting, supply chain management, and finance. Some online MBA core courses may include:

• Leadership strategies for a changing world
• Ethics in business and society
• Strategic management
• Managing the value chain
• Financial management
• Marketing management
• Strategic human resource management
• Financial accounting principles and analysis
• Business analytics
• Business perspectives

An online MBA degree prepares students to efficiently solve fast-paced business problems, implement solutions, and make timely decisions. Other courses that are offered in MBA programs include:

• Strategic financial analysis
• Leadership theory and practice
• Management theories and practices
• Strategic human resource management
• Organizational excellence and change

Online education helps to fill the academic void which may have been holding you back from contributing more to the success of the company for which you work. There are many accredited institutions that offer an online MBA degree, so your choices are no longer limited.