Online MBAs can be worth it if you're prioritizing cost and flexibility, and are ready to embrace online interaction with your peers and professors.
the average salary for students three months after graduating from an online MBA program was $96,974. This was a 22 percent increase from the average entering salary for online MBA students, which was $79,352.
The price of an online MBA can vary widely depending on whether the school is public or private, in-state or out-of-state, and how much financial aid you receive. It starts from 2,50000 to 20,00000 and above.
Flexibility: A large part of the draw of an online MBA is its flexibility. The ability to attend lectures and complete group assignments from behind a computer screen means students don’t have to relocate, or even quit their day jobs.
Cost: Online MBA programs are often cheaper than in-person programs. Keep in mind that factors like financial aid availability and being in-state or out-of-state can influence the price tags of both online and on-campus programs.
Face-to-face interactions: In an online MBA, interactions with your instructors or peers will—unless you enroll in a blended program—generally take place entirely virtually. If the social aspect of business school is something you prioritize, an on-campus program might make more sense.
Like any MBA program, reputation, cost, quality of education, and access to an alumni network can all be factors in determining which online program to apply to. Beyond that, online programs should be accredited, and fit what you want out of an online education.