Students Are Increasingly Pursuing Online MBA Degrees
Megan Donovan
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Many graduate students who are hesitant to join MBA still debate whether it is still worth the job - whether it's online MBA or not. Elon Musk, according to founder believes that an MBA is not required - “I think there might be too many MBAs running companies…there should be more product or service itself, less time on board meetings, less time on financials.”
“I am not a fan of getting MBAs,” Mark Cuban, the billionaire businessman, also stated that an MBA is not required, but that there are many MBA alternatives that are affordable, and that many MBAs that are now available online are equivalent to an in-person MBA.
Furthermore, he believes that actual work experience is more valuable. " I think an MBA is an absolute waste of money. If you have a hole in your knowledge base, there are a ton of online courses you can take. I don’t give any advantage to someone in hiring because they have an MBA.” In response to a Reddit question, he responded.
Even among successful businessmen who do not hold an MBA, many agree that the degree is worthwhile.
Not all MBA degrees are well paid, according to Poets & Quants. For example, the University of Pennsylvania was ranked first for annual earnings net of debt payment with $169,200, and Northwestern University was ranked second with $168,000.
Not all jobs require an MBA, but some do, such as investment banker, HR manager, financial analyst, chief marketing officer, and so on. Photo:Kozminski University / Licensed Under:CC BY-NC-ND 2.0
Management Consultant is described as one of the most popular careers for MBA graduates, mostly hired by McKinsey and three big consulting firms, starting from internship to full-time jobs, making satisfying salaries, as well as the HR manager, which allows more than 85 percent of candidates to move up the management ladder after graduating. Many companies now require positions with traditional MBA knowledge as well as soft skills in communication and analysis, and MBA grad school focuses on these skills for their roles.
“Our graduates bring tremendous value to the firms that hire them, and this value is directly correlated to the salary increase,” Jeff McNish, the assistant dean of Darden’s Career Center said to Fortune, “employers who hire Darden students treasure their confidence and resiliency – the 21-month MBA experience – including the case method, collaborative culture, and rigorous curriculum – prepares our recent alumni to jump right in and solve challenges facing organizations today.”
The Darden was also ranked as the No. 12 executive MBA program in the country, with more than 80% of the class of 2022 being promoted or landed a new job, with a salary increase that increased the average by $180,500.
Because it differs from the in-person MBA program offered by universities and colleges, some argue that the online MBA program is not worthwhile. Students who have chosen an online MBA program, on the other hand, think outside the box. Taylor Stratton, an iMBA student at the University of Illinois Urbana Champaign - Gies College of Business, says she does not regret her decision to pursue an online MBA.
The flexibility of an online MBA has allowed me to continue to advance in her career while also pursuing an education that will open more doors for her in the future - and she never regrets her decision to choose this online MBA that offers the most flexibility at an affordable cost.
“If you look at the learners that you draw, they’re diverse in ethnicity, gender, background and experiences, in where they live in the world,” said Elliot.
Now, top Business Schools are moving online - Hass School of Business at University of California, Berkeley also proposed a new option that allows a cohort of students to earn their MBAs online as part-time, with optional in-person opportunities.
“Ging online is a way to make higher education accessible, there are millions of people that we don’t serve as academic institutions. And I think if we come together and change the way we think about education, we can do a real social good.” Said Elliot.
Education & Admissions Correspondent, [email protected]
Megan Donovan covers the fast-changing world of college admissions, standardized testing, and student success strategies. With a background in academic counseling, she brings a deep understanding of the challenges students face. Whether she’s analyzing Ivy League acceptance trends or uncovering flaws in the education system, her work provides invaluable insights for students and parents alike.
Many people mistakenly believed that online MBA programs were inferior to on-campus business programs
Nathan O’Leary
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Many people mistakenly believed that online MBA programs were inferior to on-campus business programs, so they refused to earn degrees online. Surprisingly, Fortune Education reported that the online MBA degree program were growing in popularity even before the COVID-19 pandemic - it has increased by 85%, from 284 to 526 between the year of 2016-17 and 2020-21, according to data from the Association to Advance Collegiate Schools of Businss.
Even now, the Online MBA program has growing numbers of applications to their program, however, this growth has significantly slowed down in 2021- only 30% of schools reported growth in applications to their online programs, according to the 2021 Application Trends survey.
Isser Gallogly, the associate dean of MBA Admissions at NYU Stern School of Business mentioned that Online MBA needs to emphasize the benefits of flexibility in order to be competitive. The Associate dean of Goizueta's executive MBA program, Jaclyn Conner also mentioned the importance of student's flexible schedule - "Students are pressed for time and their encounters in the program, regardless of format, have to be maximized."
According to the Association to Advance Collegiate Schools of Business (AACSB), the number of students enrolled in online MBA programs has surpassed those enrolled in full-time, on-campus programs in the United States for the first time - with 1,298 more U.S. students enrolled in online MBA programs during the 2020-21 academic year, encompassing 45,038 students in those programs compared to 43,740 students attending full-time residential programs. According to MBA news, corporate recruiters outside the United States are increasingly viewing online programs as equal to those taught in the classroom.
The Graduate Management Admission Council (GMAC) has also released the GMAC Corporate Recruiters Survey - 2022 Summary Report, which discovered that corporate recruiters appear to be becoming more accepting of online degrees, with the notable exception of the United States.
“The growth of online MBA programs has been so strong in the United States that for the first time, the total number of enrollments in online programs exceeded that of full-time, in-person MBA enrollments in the 2020-21 academic year, according to data from the Association to Advance Collegiate Schools of Business (AACSB),” said Sabrina White, the vice president of school and industry engagement at GMAC.
[caption id="attachment_3686" align="aligncenter" width="2560"] In US News' Best Online MBA Programs, Indiana University - Bloomington (Kelly) was ranked first, along with the University of North Carolina - Chapel Hill (Kenan-Flagler) and the University of Southern California (Marshall). Photo:IT Communications Office / Licensed Under:CC BY 2.0[/caption]
The data report indicated the percentage of students accepting both online and in-person programs increased by 26 percent from 34 percent in 2021 to 60 percent in 2022.
Employer perceptions of online MBAs are positive, according to the online MBA - "attitudes toward online education are significantly more positive if the respondent has had experience with online education."
According to Northeastern University, in 2010, 66 percent of human resource managers thought an online degree was not worth it, but by 2018, the attitude had shifted positively, with online MBA degrees being valued as equal to or better than the in-person method.
As more selective business schools emerge, Joe Mullings, founder, chairman, and CEO of the Mullings Group, stated that top Business Schools such as Harvard, UPenn, and University of Chicago clearly do not matter if they are online or in-person.
In addition, 52 percent of employers said in the Northeastern study that the majority of graduate degrees will be completed online in the future, and 33 percent said online will be considered more valuable.
Even though attitudes toward online MBA programs have shifted in many ways, many experts believe that there is still a need to educate companies about the legitimacy of many online programs - accreditation is the most important factor, also recognized by the Council for Higher Education Accreditation or the US Department of Education.
Because of today's delicately developed system of online Program, the perception that it would not be as effective as in-person MBA program has broken down. Most employers now recognize the value of online education, which not only provides essential workplace skills and student-faculty interaction, but also allows teachers to apply course material directly to their jobs.
Hiring managers in larger companies believe that those with an online MBA degree should do more work, such as spend more time and resources educating employers about being online, because not all hiring managers are familiar with it.
This is not to say that they will not hire candidates with an online MBA; it simply means that the hiring process will be a little more complicated. However, this should not be a problem because the hiring managers will approach and ask if they have any questions.
Now that online MBA programs are gaining a high reputation comparable to in-person MBA programs, the number of students and graduates pursuing online MBA programs is growing. Because it is unknown when COVID-19 will end, it is carefully estimated that the value of the Online will increase more than ever.
Read more: Students Are Increasingly Pursuing Online MBA Degrees, and Top Business Schools Are Following Suit
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Nathan O’Leary is the backbone of The Economy’s editorial team, bringing a wealth of experience in financial and business journalism. A former Wall Street analyst turned investigative reporter, Nathan has a knack for breaking down complex economic trends into compelling narratives. With his meticulous eye for detail and relentless pursuit of accuracy, he ensures the publication maintains its credibility in an era of misinformation.
Many graduate students who are hesitant to join MBA
Megan Donovan
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Many graduate students who are hesitant to join MBA still debate whether it is still worth the job - whether it's online MBA or not. Elon Musk, according to founder believes that an MBA is not required - “I think there might be too many MBAs running companies…there should be more product or service itself, less time on board meetings, less time on financials.”
“I am not a fan of getting MBAs,” Mark Cuban, the billionaire businessman, also stated that an MBA is not required, but that there are many MBA alternatives that are affordable, and that many MBAs that are now available online are equivalent to an in-person MBA.
Furthermore, he believes that actual work experience is more valuable. " I think an MBA is an absolute waste of money. If you have a hole in your knowledge base, there are a ton of online courses you can take. I don’t give any advantage to someone in hiring because they have an MBA.” In response to a Reddit question, he responded.
Even among successful businessmen who do not hold an MBA, many agree that the degree is worthwhile.
Not all MBA degrees are well paid, according to Poets & Quants. For example, the University of Pennsylvania was ranked first for annual earnings net of debt payment with $169,200, and Northwestern University was ranked second with $168,000.
[caption id="attachment_13540" align="aligncenter" width="2560"] Not all jobs require an MBA, but some do, such as investment banker, HR manager, financial analyst, chief marketing officer, and so on. Photo:Kozminski University / Licensed Under:CC BY-NC-ND 2.0[/caption]
Management Consultant is described as one of the most popular careers for MBA graduates, mostly hired by McKinsey and three big consulting firms, starting from internship to full-time jobs, making satisfying salaries, as well as the HR manager, which allows more than 85 percent of candidates to move up the management ladder after graduating. Many companies now require positions with traditional MBA knowledge as well as soft skills in communication and analysis, and MBA grad school focuses on these skills for their roles.
According to Fortune Education, the University of Virginia's Darden School of Business, which fortune announced that its class of 2022 MBA graduates had a 21% increase in their starting median base salaries compared to the previous class year, earning a median base salary of $175,000, with 92 percent already having been offered a job.
“Our graduates bring tremendous value to the firms that hire them, and this value is directly correlated to the salary increase,” Jeff McNish, the assistant dean of Darden’s Career Center said to Fortune, “employers who hire Darden students treasure their confidence and resiliency – the 21-month MBA experience – including the case method, collaborative culture, and rigorous curriculum – prepares our recent alumni to jump right in and solve challenges facing organizations today.”
The Darden was also ranked as the No. 12 executive MBA program in the country, with more than 80% of the class of 2022 being promoted or landed a new job, with a salary increase that increased the average by $180,500.
Because it differs from the in-person MBA program offered by universities and colleges, some argue that the online MBA program is not worthwhile. Students who have chosen an online MBA program, on the other hand, think outside the box. Taylor Stratton, an iMBA student at the University of Illinois Urbana Champaign - Gies College of Business, says she does not regret her decision to pursue an online MBA.
The flexibility of an online MBA has allowed me to continue to advance in her career while also pursuing an education that will open more doors for her in the future - and she never regrets her decision to choose this online MBA that offers the most flexibility at an affordable cost.
According to inside higher ed, 45,038 students enrolled in online MBA while 43,740 enrolled in person during the 2020-21 academic year. W. Brooke Elliott, executive associate dean for academic programs at Gies, mentions that an online MBA saves money while also providing flexibility when compared to a traditional MBA.
“If you look at the learners that you draw, they’re diverse in ethnicity, gender, background and experiences, in where they live in the world,” said Elliot.
Now, top Business Schools are moving online - Hass School of Business at University of California, Berkeley also proposed a new option that allows a cohort of students to earn their MBAs online as part-time, with optional in-person opportunities.
“Ging online is a way to make higher education accessible, there are millions of people that we don’t serve as academic institutions. And I think if we come together and change the way we think about education, we can do a real social good.” Said Elliot.
Read more: What Happens When Classes, Including MBA Programs, Go Virtual?
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Education & Admissions Correspondent, [email protected]
Megan Donovan covers the fast-changing world of college admissions, standardized testing, and student success strategies. With a background in academic counseling, she brings a deep understanding of the challenges students face. Whether she’s analyzing Ivy League acceptance trends or uncovering flaws in the education system, her work provides invaluable insights for students and parents alike.
Can You Still Attend a Top 20 School if You Only Homeschool?
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Higher Education & Career Journalist, [email protected]
Jeremy Lintner explores the intersection of education and the job market, focusing on university rankings, employability trends, and career development. With a research-driven approach, he delivers critical insights on how higher education prepares students for the workforce. His work challenges conventional wisdom, helping students and professionals make informed decisions.
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Homeschooled students existed before the Covid-19 pandemic. Now that the Covid-19 pandemic has struck, the rate of homeschooling has significantly increased. Many people wonder if you can still attend a top 20 school if you only homeschool. Yes, the answer is yes.
Homeschooling is similar to school curriculums in that it refers to education that occurs outside of the public or private school system.
It is critical for both students and parents to understand the purpose of homeschooling - it is different from virtual or online learning, and it is more flexible than remote learning. Homeschooling laws vary by state, so it is important to note that homeschool requirements can change frequently, so make sure to check the requirements on a regular basis.
Because it is known to be more flexible than remote learning, students should learn how to make plans and create a schedule, so it is critical for students to sign up for Time4Learning, a national leader in online school, which helps students keep track of what they need to complete each day.
Finally, people frequently mistakenly believe that local homeschooling lacks an organized specified curriculum that prepares students for college admission. However, searching and looking for local homeschool groups can provide a variety of information on group field trips, essential classes for homeschoolers to take, and other forms of socialization such as internships, volunteers, and extracurricular activities that can build students' resumes or portfolios.
As the number of homeschooled students grows, parents and students wonder if homeschooled students can get into prestigious schools, including Ivy Leagues, because they are unaware of the college admission requirements for homeschoolers.
Homeschoolers have gathered for a brainstorming workshop with the St. Louis Homeschool Network. Photo: Sherbondy / Licensed Under: CC0 1.0
Good news for them: colleges and universities have specific application requirements for homeschoolers. Harvard University, for example, has application requirements for homeschoolers - the application process for homeschoolers is the same as for other freshmen applicants, by completing the Common Application and the Universal College Application, or Coalition Application.
Other top 20 schools, including the Ivy Leagues, state that their admission requirements do not differ from those of other freshmen applicants - they conduct holistic admissions of all applicants, which means they look for academic achievements and strong test scores, among other things.
However, some colleges and universities require specific supplements for homeschoolers; for example, Dartmouth College requires not only homeschool curriculum and outside letters of recommendation, but also students in foreign language proficiency with the AP or SAT subject test. Princeton University also requires a different application than other prospective applicants - homeschoolers should expect to take the ACT with writing or the SAT. Two SAT subject tests are recommended but not required.
To summarize the main factors for homeschoolers to focus on for college admission requirements, students must focus on transcript of course. Homeschoolers do not receive transcripts from their school; rather, homeschoolers and their parents are responsible for producing their own transcripts by providing academic accomplishments such as courses taken, GPAs, and more, using the transcript templates.
Standardized test scores are another option for focusing, but now that many schools are test-optional, colleges and universities expect strong SAT and ACT scores from homeschooled students. So it is critical for homeschoolers to earn the highest possible scores on standardized tests, and if they do not, they should be able to demonstrate college readiness through other exams that evaluate your academic skills, such as CLEP or AP.
Of course, letters of recommendation are important for homeschoolers; however, they must avoid receiving recommendation letters from their parents, knowing that colleges expect letters from people other than your parents who have been with you the longest. Make sure you interact with people outside of homeschool enough so that they are aware of your strengths and can explain your potential in writing.
Finally, extracurricular activities are important factors for non-homeschoolers as well - internships, volunteers, and extracurricular activities are important for building resumes. Colleges look into sports, volunteers, local clubs or organizations, or even donations, as well as internship opportunities and the positions you held in those activities. For example, they are not interested in students being members of a specific club activity, but they are interested in what positions and tasks you were performing in those activities.
As previously stated, many students and parents are unfamiliar with homeschooling curriculum; however, there are homeschool success services that assist students with academic and test planning, essay coaching, and developing college roadmaps, among other things. This consulting program is not required; however, it would be a very helpful program for those who are unfamiliar with the homeschooling program.
There are many reasons to homeschool, and it is important for parents to take responsibility for investigating their children's learning style, personality, and health, and if necessary, to join the homeschool - this program should not be avoided simply because it does not have the exact same school curriculum, but should be embraced for students who are in need.
Higher Education & Career Journalist, [email protected]
Jeremy Lintner explores the intersection of education and the job market, focusing on university rankings, employability trends, and career development. With a research-driven approach, he delivers critical insights on how higher education prepares students for the workforce. His work challenges conventional wisdom, helping students and professionals make informed decisions.
Huge Hints for Students To Select the Best High School
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A veteran in education journalism, William Spencer has spent over 30 years dissecting the policies and trends shaping higher education. As Chief Editor of The EduTimes, he is committed to delivering in-depth analysis on university rankings, admissions strategies, and the future of learning. With an unwavering dedication to journalistic integrity, he ensures that every article upholds the highest standards of accuracy and insight.
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High school is probably the most important step before going to college, with 100% of report cards, extracurricular activities, and teacher evaluations directly influencing college admissions. So many parents are extremely concerned with what they can do best for their children. Students can attend public, charter, magnet, virtual, or private schools.
Public schools are those that receive funding from the local, state, and federal governments; they are required to admit all students who live within their district's boundaries. Counselors are unable to take control of students' entire roadmap because public schools accept almost all students within the district.
Charter schools are relatively new types of public schools of choice that operate without many of the local and state regulations that apply to traditional public schools. The difference between charter and public schools is that charter schools allow parents and school administrators to innovate, create, and provide students with flexible education.
Other school types include magnet schools, which are designed to attract students from diverse social, economic, ethnic, and racial backgrounds by focusing on a specific subject, such as science, technology, or the arts. Magnet schools are a little different in that they require students to take exams in order to be admitted. Because of Covid-19, virtual schools are on the rise, and students can now receive their education via computer, either virtual or online.
Surprisingly, the school's curriculum is very similar to other normal curriculums, except that everything runs online, allowing students to study with flexibility and at their own pace. Finally, private school allows students to prepare for college - private schools often have a traditional or elite reputation and a long history.
However, religious private schools, such as Catholic, Christina, Buddhist, and others, are considered to have religious faith. While private schools are more like a family like 1:1 counseling, private schools have so many students that lack one on one attention - so it is very important to determine student's learning style as well as to find out student's needs to choose appropriate school for the student.
Unless the parents and children are religiously sensitive, many people consider other factors rather than focusing solely on the school religions. Before deciding on which schools to attend, consider the following:
What is the curriculum vision for the school?
Does the school offer any extracurricular activities or field trips?
What is the percentage of college attendance?
What is the school's admissions procedure?
Where is the school located? Is school secure?
What is the average class size?
Parents knowing their children the best, it is critical to understand their children's potential and interests. Of course, the school curriculum is important; however, it is preferable to find a school that can help students discover their hidden talents and develop them to their full potential. Even if a student has great potential, if the school does not have student support that values students' tardiness, parents should not send their children there. As a result, parents and children must visit the school website to determine whether the school offers customized mentorship, resources, or counseling programs for students.
True, not all schools offer mentorship programs, but mentorship can be replaced by a counseling program or a peer mentor, indicating that the school values the relationship between school administrators and students, as well as the bonding among students themselves.
Consider your nationality and the environment in which you feel most at ease. Not to mention that each student has their own cultural background and communities that they have grown up in, and the abrupt change in the environment can have an impact on students' daily routines. For example, students who have been homeschooled face difficulties as they begin to attend school, regardless of the type of institution - demonstrating how the learning environment requires a smooth transition for stabilization.
Course options and extracurricular activities offered are indeed important in the eyes of students. Whether the school follows an AP or IB curriculum, it is critical to examine the number of AP courses offered as well as the class quality. Colleges look closely at not only your academics but also your club activities, volunteers, and internships, and both parents and children should check to see if the children's goals and the school curriculum are aligned.
Students are cheering for the Gilmer High School Bobcats against region rivals. Photo: Osubuckfan / Licensed under: CC BY-SA 3.0
Covid-19 The pandemic has had a significant impact on school systems and curriculum, and it is critical for students and parents to check how schools respond to those sudden pandemic effects - what types of extracurricular activities they provide online, or if they have adequate access to technology and are up to date.
As previously stated, the most important part of the investigation is to go to school websites and look up course catalogs, and even go to Niche to see what parents and students think about teachers, systems, and curriculums, etc. Because the reviews are subjective, the comments are varied and candid.
Because high school is only one step behind college, which opens the next chapter for students, it is critical to carefully select the right choice for students. However, by putting in the bare minimum of effort to search up school websites and go to niche to read reviews, it is never considered difficult to decide.
Chief Editor, [email protected]
A veteran in education journalism, William Spencer has spent over 30 years dissecting the policies and trends shaping higher education. As Chief Editor of The EduTimes, he is committed to delivering in-depth analysis on university rankings, admissions strategies, and the future of learning. With an unwavering dedication to journalistic integrity, he ensures that every article upholds the highest standards of accuracy and insight.
How the Recession Affected Economics and College Majors
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Megan Donovan covers the fast-changing world of college admissions, standardized testing, and student success strategies. With a background in academic counseling, she brings a deep understanding of the challenges students face. Whether she’s analyzing Ivy League acceptance trends or uncovering flaws in the education system, her work provides invaluable insights for students and parents alike.
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An old problem has reappeared in the United States. China, who imported 8.79 million barrels of crude per day in July, up from a four-year low in June but still 9.5% less than the previous year. This is a concern because the US oil price has risen as much as China's, and oil demand for 2022 is expected to rise by 1.8 million barrels per day year on year to 99.7 million barrels per day, just short of pre-pandemic highs. Brent crude futures were up 81 cents to $95.73 per barrel, an unexpected increase, according to Business-standard.
According to SHEEO's analysis, declining enrollment rate has been showing for approximately for 10 years, and challenges may be ahead for many colleges as they make do with fewer students. "While generous federal stimulus funding protected state revenues and directly supported higher education, reducing states' need to cut funding during the pandemic and brief economic downturn," states the report, "sharp declines in student enrollment and net tuition and fee revenue signal continued upheaval for public higher education revenues." According to the latest SHEEO release.
“Now we’re in a world where enrollment is still down across higher education, but with inflation rising rapidly, state funding is unlikely to keep up in most states,” said Robert Kelchen, professor and head of the department of educational leadership and policy studies at the University of Tennessee at Knoxville.
The economic downturn caused by the COVID-19 pandemic influenced not only students' choice of higher secondary education institution type, but also college majors in a systematic major, by considering more stable majors they could pursue after graduating.
Furthermore, Best Colleges reported that the recession-proof industries that saw growth during the last two recessions are thought to be healthcare, civil services, education, and business. For example, social and human service assistants, recreation workers, and legal clerks were classified as civil servants, whereas management analysts and logisticians were classified as top business careers.
According to the data in the graph above, a college degree is even more important during a recession period - the pay gap between Philosophy & Religion and Economics widens - and more students are beginning to choose Business majors over social sciences. Photo: The New York Times
Former President Donald Trump recently spoke out for the need to abolish the United States Department of Education during the Conservative Political Action Conference in Dallas Texas, which was established in an effort to save money and make federal education programs more accountable, insisting on the need to abolish the Department of Education if federal bureaucrats are going to push the radicalism, which is a long-standing Republican wish because they have seen education policy as falling within the remit of states and localities.
It is unclear whether Trump's proposal will be approved by Congress, as Democrats are expected to oppose it; however, this demonstrates the need for the US government to reverse course and transform public education to align with economic needs now and in the future.
Education & Admissions Correspondent, [email protected]
Megan Donovan covers the fast-changing world of college admissions, standardized testing, and student success strategies. With a background in academic counseling, she brings a deep understanding of the challenges students face. Whether she’s analyzing Ivy League acceptance trends or uncovering flaws in the education system, her work provides invaluable insights for students and parents alike.
Even now, the Online MBA program has growing numbers of applications to their program, however, this growth has significantly slowed down in 2021- only 30% of schools reported growth in applications to their online programs, according to the 2021 Application Trends survey.
Isser Gallogly, the associate dean of MBA Admissions at NYU Stern School of Business mentioned that Online MBA needs to emphasize the benefits of flexibility in order to be competitive. The Associate dean of Goizueta's executive MBA program, Jaclyn Conner also mentioned the importance of student's flexible schedule - "Students are pressed for time and their encounters in the program, regardless of format, have to be maximized."
The Graduate Management Admission Council (GMAC) has also released the GMAC Corporate Recruiters Survey - 2022 Summary Report, which discovered that corporate recruiters appear to be becoming more accepting of online degrees, with the notable exception of the United States.
“The growth of online MBA programs has been so strong in the United States that for the first time, the total number of enrollments in online programs exceeded that of full-time, in-person MBA enrollments in the 2020-21 academic year, according to data from the Association to Advance Collegiate Schools of Business (AACSB),” said Sabrina White, the vice president of school and industry engagement at GMAC.
In US News' Best Online MBA Programs, Indiana University - Bloomington (Kelly) was ranked first, along with the University of North Carolina - Chapel Hill (Kenan-Flagler) and the University of Southern California (Marshall). Photo:IT Communications Office / Licensed Under:CC BY 2.0
The data report indicated the percentage of students accepting both online and in-person programs increased by 26 percent from 34 percent in 2021 to 60 percent in 2022.
Employer perceptions of online MBAs are positive, according to the online MBA - "attitudes toward online education are significantly more positive if the respondent has had experience with online education."
As more selective business schools emerge, Joe Mullings, founder, chairman, and CEO of the Mullings Group, stated that top Business Schools such as Harvard, UPenn, and University of Chicago clearly do not matter if they are online or in-person.
Even though attitudes toward online MBA programs have shifted in many ways, many experts believe that there is still a need to educate companies about the legitimacy of many online programs - accreditation is the most important factor, also recognized by the Council for Higher Education Accreditation or the US Department of Education.
Because of today's delicately developed system of online Program, the perception that it would not be as effective as in-person MBA program has broken down. Most employers now recognize the value of online education, which not only provides essential workplace skills and student-faculty interaction, but also allows teachers to apply course material directly to their jobs.
Hiring managers in larger companies believe that those with an online MBA degree should do more work, such as spend more time and resources educating employers about being online, because not all hiring managers are familiar with it.
This is not to say that they will not hire candidates with an online MBA; it simply means that the hiring process will be a little more complicated. However, this should not be a problem because the hiring managers will approach and ask if they have any questions.
Now that online MBA programs are gaining a high reputation comparable to in-person MBA programs, the number of students and graduates pursuing online MBA programs is growing. Because it is unknown when COVID-19 will end, it is carefully estimated that the value of the Online will increase more than ever.
[email protected]
Nathan O’Leary is the backbone of The Economy’s editorial team, bringing a wealth of experience in financial and business journalism. A former Wall Street analyst turned investigative reporter, Nathan has a knack for breaking down complex economic trends into compelling narratives. With his meticulous eye for detail and relentless pursuit of accuracy, he ensures the publication maintains its credibility in an era of misinformation.
The Growing Popularity of Online High Schools and How To Choose One
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With a decade of experience in education journalism, Lauren Robinson leads The EduTimes with a sharp editorial eye and a passion for academic integrity. She specializes in higher education policy, admissions trends, and the evolving landscape of online learning. A firm believer in the power of data-driven reporting, she ensures that every story published is both insightful and impactful.
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As Covid-19 hits the education institutions hard, many are turning virtual — virtual online classes are now on the rise, as many people are paying attention to virtual classes, even with receiving diplomas through online schools, with the benefits of enjoying more flexible schedules as well as the benefit of choosing the learning environments.
Keeping Pace with K12 Digital Learning, the reason to take the online courses had the reasons that took up highest percentage of intention to earn credits to graduate, and to take courses that are unavailable offline. Source:Keeping Pace with K12 Digital LearningPhoto: Onlineschools.org
Instead of having classes turn remote with the Covid-19 Effect, many are focusing on online high schools, particularly the well-known ones in California. Stanford Online High School (Stanford OHS) has ranked first in 'Niche' — evaluating the reviews and ratings, as well as powerful search and data tools, assisting millions of students and families in finding and enrolling in the right school for them.
Stanford Online High School, founded in 2006, is a private school affiliated with Stanford University, a highly selective school located in California, offering grades 7-12 students- they provide high-technology, providing open environments enabling fluent interaction between instructors and students during the seminar, all classes are provided as college-style seminars that meet twice a week and are conducted in real-time.
Students prepare for discussion seminars by watching recorded lectures and completing assignments using the flipped classroom model. All classes are recorded and available for playback, allowing students to go back and investigate specific sections to prepare for the exam.
“With 14 years’ experience running seminar-style online classrooms, we want to help others during this health crisis to consider online teaching as an alternative to shuttering schools completely, and for online teaching to be effective, you need to have a well-developed remote learning plan in place first. We hope schools find the resources we are providing useful for that purpose.” Said Tomohiro Hoshi, the Head of School.
Stanford Online High School, Mt. Everest Academy, Laurel Springs School, Alternative Education — San Joaquin High School, and California Preparatory Academy came in second and third, respectively.
According to Niche, Mt. Everest Academy, Laurel Springs School, Alternative Education-San Joaquin High School, and California Preparatory Academy followed, based on student and parent reviews, California's test scores, college preparatory system, graduation rate, teacher review, and so on.
How to Choose an Online High School
Although online high schools gained popularity as a result of the COVID-19 pandemic, they are still less well-known than off-line or residential high schools. As a result, students must be extremely cautious when selecting an online high school, taking into account more delicate and thorough plans.
Students must ensure that they have a compelling reason to apply to and attend the school to which they intend to apply by visiting school websites, researching accreditation, tuition costs, the relationship between students and educators, and the school curriculum and how it operates online.
The US Department of Education develops K-12 education levels, as do six regional accreditation boards that coordinate the review of educational programs, all of which are reviewed by the Council for Higher Education Accreditation (CHEA). Most secondary educational institutions will reject credits from an unaccredited high school, so make sure the school you plan to attend is accredited.
Applicants should check the school's website for course catalogs to see if the courses are adequate for college preparation - they must check if the courses include the availability of honors, AP, and college prep courses, as well as access to college advisors and counselors, and so on.
Finally, extracurricular activities are important when preparing for college - because everything is done online, it is essential to check if the school offers extracurricular activities that involve social interaction in online environments.
According to Stanford Online High School, it not only offers virtual extracurricular activities, but also activities that provide opportunities to engage outside of the classroom, such as a spring celebration in Boston, a visit to Elsinore Castle in Denmark, and even a friendly gathering in Katsuura, Japan. Club activities are listed below for Stanford OHS.
Pixel Journal
Pixelstra (Pixel Orchestra)
Women in STEM+
OHS Salon
Model United Nations
ERA Coalition
Advanced Programming Club
Climate Action Club and more.
Extracurricular activities may differ by school, so it is recommended that applicants visit the websites of the schools they prefer.
Because every course is run online, both students and parents must recognize the characteristics of weaknesses in online high school — lack of social interaction — which makes it important for students who attend online high school to get involved in a variety of activities that require not only sports or field trips, but also internships or job shadowing.
Now that online high school is gaining popularity among students for a variety of reasons — distance of commute, varying quality of schools, and bullying — it is critical for schools to implement the school system as well as extracurricular activities and a variety of student support services. The Covid-19 pandemic is still revealing new variants; we never know if the enrollment rate of online high school will soon surpass that of offline high school.
Vice Chief Editor, [email protected]
With a decade of experience in education journalism, Lauren Robinson leads The EduTimes with a sharp editorial eye and a passion for academic integrity. She specializes in higher education policy, admissions trends, and the evolving landscape of online learning. A firm believer in the power of data-driven reporting, she ensures that every story published is both insightful and impactful.
Colleges Are Now Adjusting Their Tuition and Fees to Account For Inflation as a Result of the COVID-19 Effect.
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Megan Donovan covers the fast-changing world of college admissions, standardized testing, and student success strategies. With a background in academic counseling, she brings a deep understanding of the challenges students face. Whether she’s analyzing Ivy League acceptance trends or uncovering flaws in the education system, her work provides invaluable insights for students and parents alike.
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Historical Inflation Rates in the United States
Since the end of the gold standard in 1973, the US economy has experienced consistent inflation with occasional spikes. The most recent increase is the one we are currently witnessing in 2022. To combat the recession caused by COVID-19, the US government has provided a series of subsidies, resulting in unprecedented inflation in modern US history.
Natural resource prices are rising daily, exacerbated by the Russo-Ukrainian war in early 2022, and inflation is now projected to be 8.6 percent in May and 9.1 percent in June 2022, the highest since November 1981.
Correlation between College Tuition and Inflation Rate
Tuition at both public and private colleges has increased by 26 percent, according to Student Loan Hero researchers, with Louisiana, for example, increasing by 99 percent from $4,702 in-state tuition in 2010-2011 to $9,358 in-state tuition in 2019-2020.
US News published data on the 20-year average tuition growth among National Universities from 2002 to 2022, broken down by school type: private, out-of-state, and in-state. Tuition growth at national universities has been consistent, whereas tuition growth at private schools has been rapid.
[caption id="attachment_3588" align="aligncenter" width="806"] The tuition rate has increased by $25,837 from 2002 to 2022 in Private Universities, while out-of-state and in-state tuition fees have not changed as much. Source:U.S News & World Report[/caption]
College tuitions are also being impacted, with the University of Virginia approving an 8.4 percent increase in undergraduate tuition and fees over the next two years, as well as Syracuse University increasing by 4.5 percent, Boston University increasing by 4.25 percent, and Oregon Institute of Technology increasing by 6.6 percent, their highest since the Great Recession - describing the driving factor of College tuition increases.
The University of Virginia's president, Jim Ryan, added that the new tuition rates would help the university balance and maintain its budget during this period of inflationary frustration while maintaining its commitment to accessibility.
Colleges are adjusting tuition for the 2022-2023 academic year
Many people believe that Yale University, Harvard University, and Stanford University are the major schools that charge tuition and fees ranging from $55,587 to $59,950 for the 2021-2022 academic year, and that they provide need-based grants or scholarships to approximately 57 percent of full-time undergraduate students, lowering the average cost of attendance to $18,826 after receiving need-based grants, causing schools to rank as Best Value.According to US News, art schools have the highest net prices and require students to pay more than they would at comparable colleges, despite offering financial aid packages and other benefits.
It can be frustrating to witness unstoppable tuition inflation and feel powerless to stop it, unsure of what to do. However, students must acknowledge the use of a net price calculator to determine how much you might have to pay to attend a specific school - while some colleges may appear pricey, they may charge less on average, so it is important to understand that the sticker price - the total yearly cost of a college education - may not be the part that you might have to pay.
Many argue that tuition is rising at a slower rate than economic inflation in the United States, which is good news for both college students and parents who pay for college tuition fees. However, with the highest record of inflation rate, the speed of college tuition increase would not be guaranteed - and the fact that students choose colleges based on college tuition fees should be stopped- college tuition fees should not be the main factor to choose college.Read more:The Movement for Tuition-free College in the U.S. is Accelerating
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8 months
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Megan Donovan
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Education & Admissions Correspondent, [email protected]
Megan Donovan covers the fast-changing world of college admissions, standardized testing, and student success strategies. With a background in academic counseling, she brings a deep understanding of the challenges students face. Whether she’s analyzing Ivy League acceptance trends or uncovering flaws in the education system, her work provides invaluable insights for students and parents alike.