Busy working professionals who want to increase their skills in the business world—but don’t want to take time out of their careers—may wish to consider an Online MBA program.
The flexibility to fit the program around their careers, the opportunity to apply skills as they go, and the reduced cost of an Online MBA for working professionals mean that it is no longer a choice between career or education.
Here are five key benefits you could gain from studying for an Online MBA as a working professional.
5 benefits of an Online MBA for working professionals
1. Flexibility to study face-to-face for some Online MBA courses
One of the biggest concerns for those weighing up a full-time MBA versus an Online MBA usually revolves around whether they will gain the same experience in a remote program as in a traditional, in-person format. This is why some Online MBA programs for working professionals allow students to study face-to-face for certain courses.
The 24-month Online MBA at the University of Birmingham’s Birmingham Business School is one example of a program that offers flexible learning opportunities, with students able to select some in-person classes while studying others remotely. These in-person classes aren’t just reserved for those on the Birmingham campus, either.
The Birmingham Online MBA offers several immersive electives. For example, the International Business Experience course takes Online MBA students to Mexico to learn about the country’s economy, while another course involves travelling to the school’s Dubai campus to learn about business in the Middle East.
The Online MBA also offers five focus areas to help students customize their learning. These are Clinical Leadership, Engineering Leadership, International Business and Strategy, Innovation and Business Transformation, and Marketing.
2. Award-winning careers services
Students in MBA programs are usually ambitious and talented, so how do you stand out from the crowd? MBA careers services are there to help students get the most out of their MBA degree, and this is no different for Online MBA programs.
The MBA careers services at Birmingham Business School have strong industry links and corporate partnerships with big names such as Deloitte, PwC, KPMG, HSBC, and EY. Students can make use of the dedicated career center for career counseling, one-to-one employment advice, and workshops such as the annual Deloitte Consultancy Challenge.
The school’s career services are ranked second globally, according to the Financial Times Online MBA Rankings 2024.
3. An Online MBA for working professionals offers value for money
MBA programs don’t come cheap, and unfortunately, cost can be a significant barrier to some students. An Online MBA for working professionals is usually a more cost-effective option since students can study the degree alongside their career.
Birmingham Business School offers one of the most affordable MBA programs in the UK.
As of October 2024, the estimated total tuition fees for the Birmingham Online MBA are £26,250 (roughly $34k), which, when compared to the average tuition fees of a top full-time MBA in Europe ($104k) according to the BusinessBecause Cost of MBA Report 2024, represents a considerable saving.
4. Engaging in MBA experiential learning
The best way to learn anything is to go out there and experience it for yourself. MBA programs tend to have a strong focus on experiential learning for this very reason.
Students studying for the Birmingham Online MBA can choose from one of three projects. The MBA Company Project involves undertaking a project based on a topical issue of the student’s choosing. Meanwhile, the Entrepreneurial Project has students complete an entrepreneurship-focused project based on their aspirations, such as creating a business proposition that considers factors such as responsible working practices.
Lastly, for those with a penchant for delving deep into a subject matter, the Research Project offers Online MBA students the opportunity to design, develop, and implement a research methodology to inform their chosen subject.
5. Accessing a top-ranked Online MBA degree
Some students may be concerned about how an Online MBA is perceived by employers; however, this needn’t be a worry. With the Birmingham Online MBA, students graduate with the same degree certificate as full-time MBA graduates. Plus, the MBA is ranked ninth in the FT Online MBA Rankings 2024 and therefore has a strong reputation on its side.
Choosing to join an Online MBA for working professionals doesn’t mean losing out on many of the features of in-person MBA programs, especially if you take your time to research programs that offer the best of both worlds in terms of hybrid learning, strong career links, and affordability.
There is also a lot to be said about joining an MBA program that can be accessed by students from across the globe, offering international networking opportunities at your fingertips. In fact, 68% of students in the Birmingham Online MBA are international and come from more than 90 different countries.
So, when you’re choosing between programs, make sure to narrow down what is most important to you in a program and which format best suits your lifestyle, as there is an abundance of options out there.