Trends in MBA Distance Learning
and Online Degree Programs

As corporate America welcomes distance learning, earning a degree online is gaining more credence. In example, at General Motors, approximately 150 workers have earned their MBA, online. More than 30 employees are earning online at United Technologies. Corporations are projecting expenditure estimates in master degree programs, online. Over the past 2 years, the percentage of online degrees has grown by ten percent The percentage should grow a couple of percentage points per year.

The proven success rate of online degree programs is attracting the attention of Fortune 500 companies. Over the last couple of years, corporate backing is fueling enrollment at many online university programs. A growing number of professionals are opting for distance learning for online business degree programs. In a survey conducted by BusinessWeek Online, 81 schools reported distance learners studying for their MBAs online. Convenience and flexibility are the leading advantages of obtaining a bachelor's or master's degree online.

Unfortunately, not all online degreed programs are designed for quality education. Programs with a for-profit model generally depend on regional education accreditations. Certain academic programs have strict guidelines; such as, management-specific accreditations, (including AACSB-International) and a specific quantity of qualified faculty that certain for-profit centers deem as unnecessary.

Although the University of Phoenix does not have AACSB certification, the online program has a good performance record. Alternatively, the University of Phoenix has been approved by the Higher Learning Commission (an organization for educational institutions).

A recent report released by the Graduate Management Admission Council showed that 78 percent of traditional full-time, MBA traditional programs have demonstrated a drop in applications. Conversely, 81 schools reported MBAs studying via online programs. Moreover, the number of schools with MBAs studying online rose by approximately 10 percent. Regardless of whether, a student chooses an online or traditional learning experience, they must weigh which learning medium best fits their needs and career objectives.