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FinanceĪn MBA in finance is designed to help prepare students for jobs in the financial industry. Depending on the type of career you plan to enter into, there are a handful of concentrations you might consider. Though an MBA is a specific type of master’s degree, particular concentrations can help you specialize even more. Each program comes with its own unique features, including cost, the number of credits, accreditation, and expected completion time. There’s a lot to consider when choosing the right affordable online MBA program for you. An online MBA program is a way of receiving the same degree, but with more flexibility and a more affordable price tag.
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This type of degree covers a broad spectrum of topics, including accounting, economics, statistics, and management. Since many MBA students are already in the workforce, this flexibility is essential.Īn MBA (Masters of Business Administration) is a highly-respected degree for those in the fields of business and management. Some programs are self-paced, while others require certain class hours as if you were attending in person. In addition to the total time frame, it’s important to consider the program’s time commitment. However, many students may be able to finish a program in as little as one year or attend school part-time and get their degree in two years. MBA programs often require 36 credits and take roughly two years to complete. It’s important to consider the time commitment of receiving an MBA. There are two primary MBA types to consider: a traditional two-year MBA program and an accelerated one-year MBA program. Asynchronous learning, which does not require real-time sessions, and synchronous evening formats add flexibility so students can continue careers.Ĭhoosing the Best Type of Online MBA Program This allows enrollees to collaborate as a team even though they study from a distance. Many business schools require students to complete MBA programs in cohorts. Students without a business background may still earn an MBA once they complete levelling coursework and other requirements. Once accepted into an MBA program, learners complete 36-60 credits.
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Some schools offer standardized test waivers for applicants who meet certain requirements, such as GPA or work experience. Applicants typically submit school transcripts, a resume, and GMAT or GRE scores.
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MBA programs require a bachelor’s degree in business or another major. What Are the Requirements for an MBA Degree?