If you’re looking for a business degree but aren’t willing to sacrifice your current job, an accelerated 12-month online MBA might be the way to go. These programs can save time and money while giving you the same credentials as a traditional two-year program.
Some schools even offer a hybrid MBA option, combining online study periods with classes or short intensives that require in-person attendance. These programs are popular for students who want to build connections with professors and peers but need a full-time, residential program.
Cost
Various factors impact the cost of a 12 month online MBA. In addition to tuition, students may also have to pay for books and supplies. Additionally, the costs of travel and housing may also add up.
Many students choose to work while pursuing an MBA, which can offset the program’s costs and allow them to repay loans before graduation. In addition, it can make the investment of a business degree more affordable, primarily if federal loans are used.
Flexibility
Having the option of finishing an MBA program in as little as 12 months is an attractive feature for many students. However, this type of program has a different demand than a traditional two-year MBA program.
Accreditation
When considering an accelerated degree, it’s essential to look for accreditation. Then, you may rest easy knowing you’re getting a quality education that other universities and employers will value.
Accreditation is the process of determining that an institution meets an accrediting agency’s standards. It involves three phases: Self-evaluation, on-site evaluation, and re-evaluation.
In the self-evaluation phase, a school completes a report that explains how it meets the accrediting agency’s eligibility requirements. It must also explain its institutional goals, accomplishments, and plans for the future.
After the self-evaluation, the school must undergo a readiness assessment with an expert evaluator and then undergo an on-site review by an evaluation committee. If the evaluation committee finds that the school has met the standards, it will grant the institution its accreditation.
Accreditation is a critical part of any student’s decision-making process. The best way to ensure that you’re getting an accredited degree is to research the accrediting agency for the school you’re considering. It can help you avoid scams and find the best program for your unique needs.
Graduation
An accelerated MBA program can help you earn your graduate degree faster than traditional, two-year programs. However, not all accelerated MBA programs are the same.
The time it takes to finish an accelerated MBA online depends on the pace at which you study and your ability to balance other life commitments. For example, some schools allow students to take courses as part of an accelerated MBA in seven weeks, which can reduce your completion time to a year.
Some accelerated MBA programs offer specializations that enable students to tailor their degrees to specific career goals. It can help graduates stand out from other applicants and make getting jobs in their chosen field easier.
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