If you want to be clear about what this modality consists of, let’s see first what is an MBA in generall and then, more specifically, what online MBAs are.
The acronym MBA refers to Master of Business Administration, which in Spanish would be translated as Master in Business Management and Administration, or as they call it in Latin America, Master in Business Administration.
It is a academic qualification that offers the fundamental knowledge to understand how a company works in all its main areas: marketing, business strategy, HR, accounting, economic-financial area, etc.
In our country, MBA studies are offered by both business schools and private universities like public universities.
If you still have doubts about the definition of an MBA, I recommend reading the section ‘¿What is an MBA?’.
The MBA Online They are those that are done remotely through the Internet. This means that It is not necessary for the person to be physically present in classes, but you can access the content through a virtual classroom. For this reason, in order to do this type of master’s degree, you absolutely must have a computer and an Internet connection.
Previously, distance master’s degrees were done by postal mail. That is, the master’s subjects were sent by ordinary mail and the student sent the exams and assignments also by mail. Nowadays everything is synchronized over the Internet.
How can you access an MBA?
In order to enroll in an online MBA you must first have a university degree equivalent to degree. All public and private universities in Spain, as well as Business Schools, require that you have a degree. However, there are some private centers where if you have very outstanding professional experience they will not consider it essential, but this is not usually the case.
In general, you must have already completed degree studies. Some institutions They will ask you to also have a english degree, or that you can present the results of the GMAT, a test that certifies that the student has sufficient abilities to take this type of postgraduate business course.
What is better, an online MBA or a face-to-face one?
Is it better to do an MBA online, or one in person? Is it better to do the MBA Online than to follow the traditional model? You may have doubts about these questions. However, we must make it clear that Both methodologies can have both their pros and cons.. In the end, everything depends on various factors when making the decision: personal circumstances, time availability, objectives, etc.
Before deciding between the two study formats, it would be good for you to think about the objectives you set for this master’s degree. What availability do you have? Are you able to assume the commitments of this type of master’s degree?
Doing an MBA when you have the whole day available is not the same as when you have to combine it with a full-time job. You must also assess what type of personality you have; There are people who take advantage of face-to-face classes very well., but there are others who can save more time if they do the master’s degree remotely, since they are very organized. Maybe what you want is seek professional relationships in your MBA, with professors and classmates, so in that case you would be more interested in the in-person master’s degree.
Main advantages of Online MBAs
- You organize your time. You have maximum flexibility so that you can combine your personal and work life with your online MBA studies.
- You don’t need to move: which can be much more productive.
- You can take advantage of virtual platforms to interact with your teachers and have a more direct relationship that facilitates the understanding of different subjects.
- Son cheaper master’s degrees, not only if we look at the price of tuition, but also all associated expenses, such as gasoline, accommodation or meals away from home.
- If you have done an online MBA, You demonstrate great organizational skills and excellent discipline., which can be highly valued by companies.
Benefits of face-to-face MBAs
- The main reason to do an in-person MBA is that you have the opportunity to meet teachers and students in person. This allows you greater personal enrichment and practice networking: Establish relationships that can help you with possible business in the future.
- You do not need to have the necessary knowledge to be able to work in an online environment. There are people who find it more difficult or feel more insecure when they have to spend so much time with a computer.
- Sometimes the MBA online can generate some demotivation in the student, who you have to be very disciplined to take advantage of it. However, good teachers can show a great capacity for motivation in face-to-face classes.
- Companies may sometimes consider a traditional MBA to have more value, as it The place in which it was studied matters a lot. The fact of studying in a face-to-face school or university will give you a complete experience in which you will develop many more skills (soft skills).
What are blended MBAs?
For those people undecided between both options, there is good news: there is an intermediate type of MBA, the Blended MBA blended.
Blended MBAs are those that are divided into two parts, one in which knowledge is imparted through the Internet (distance) and the other in person.
Depending on the percentage or weight that each of the parts has, a face-to-face MBA or online master’s degree may be considered. Generally, Semi-in-person sessions are those that have a face-to-face part of no more than 30%. If more than 70% is taught online, then we are talking about an Online or distance MBA.
The offer of this type of MBA is quite limited, but it can be a good option for those who find themselves in a situation in which their availability is reduced, but still want to enjoy the advantages of a face-to-face Master’s degree.