An online master of business administration (MBA) is widely believed to guarantee wider career options, more opportunities for promotions, and greater job security. If you pursue an MBA online, you'll explore many types of management positions in a range of fields such as operations, construction, human resources, and public relations. An MBA will train you for high-level positions in these fields by teaching you practical skills; you don't need to hold an undergraduate business degree to pursue an MBA.Students of online MBA programs graduate with advanced degrees that lead to increased job opportunities. The Bureau of Labor Statistics (BLS) projects that the number of job openings in the field will grow by 6% from 2014-2024, with more specific MBA-related fields growing at even higher rates. Furthermore, job candidates with MBAs on average earn $45,000 more per year than their bachelor's degree-holding counterparts.By completing an MBA program online, you can earn an advanced degree at an affordable price and from the comfort of your own home. There's no need to disrupt your busy work or family life to further your education. Read on to learn more about the careers you'll be eligible for after earning an online MBA degree, and the added advantages of executive online MBA programs.
Online MBA Degree Overview
| Degree Level | Average Cost | Loan Default Rate | Time Commitment | Early Career Pay | Mid-Career Pay | Unemployment Rate |
|---|---|---|---|---|---|---|
| Master's | $19,103.55 | 8.56% | 1+ years | $56,750 | $77,466 | 5.1% |
Earning an MBA online can help you significantly advance in your career. Not only are MBA-holders qualified for increased salaries, but the flexibility of an online degree allows professionals to work as they learn, making online MBA programs wise investments.
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Online MBA Choose Your Career
| Career | Median Salary | Projected Growth | 2014 Employment |
|---|---|---|---|
| Top Executive | $102,690 | 6% | 2467500 |
| Marketing Manager | $124,850 | 9% | 225200 |
| Sales Manager | $113,860 | 5% | 376300 |