The (Online) B-School Advantage

In a tight job market, job seekers need to find ways ofaccredited, but U.S. News and World Report rated
making themselves attractive to employers. And in thisthem in the same category as the Ivy League schools:
“jobless economic recovery” where more andin the top-tier. So as you can see, students who
more jobs are being shipped overseas (many callchoose an online education instead of going on
center and IT jobs may be lost to India forever), ancampus do not have to sacrifice quality of education
advanced degree offers some protection againstfor convenience.
being outsourced.But perhaps the greatest advantage of earning a
By earning an MBA degree, candidates candegree online is the fact that classes are open 24
demonstrate: their willingness to learn, theirhours a day, so even the busiest person can make
entrepreneurial drive, and their commitment to a careertime to learn.
in business — qualities that most employers are eager“My biggest regret about my participation in the
to find. And holders of an MBA gain skills that can helpRegis University Online MBA program is that I did not
them launch a new business enterprise or moveenroll sooner,” says Chuck Jaape of Florida. “Why
several rungs up the corporate ladder.did I wait? I was too busy to go to school. Did my load
An MBA degree offers monetary benefits, as well.suddenly lighten, allowing time for studies? Absolutely
According to a 2003 survey by Salary.com, those withnot! It simply occurred to me that I would always be
a professional degree earn an average of $81,000 a‘too busy,’ so I jumped in. I work 55 hours a
year, compared with $43,000 for those who have onlyweek, have two small children and a wife who works. I
a bachelor’s degree. BusinessWeek’sfound the program to be manageable because I could
2004 survey of 30 MBA programs turned up similargo to class anytime, day or night. I found the program
figures. Starting salariesfor graduates ranged fromto have more depth, because my fellow learners were
$74,000 at the low end to $100,000 at the high end, forall as committed as I was.”
an average of $84,031.Most online programs typically offer MBA degrees in
But despite the many benefits that earning an MBAtwo years. At Regis University, students can take the
can bring — increased job security, a higher salary,12 course program one class at a time and still finish in
better business skills, prestige and better jobthe standard 24 months. Or the driven student may
qualifications — some potential students have beenlook for an accelerated program, like Regis’
reluctant to enroll in traditional B-schools. The GraduateMBA Fast Track — taking their first four courses one
Management Admissions Council found that 78at a time, then doubling up on their classes to earn the
percent of business schools suffered a drop indegree in only 16 months.
applications to their traditional full-time programs for theOnline students should expect to receive just as much
2003-2004 school year. Tuition has been rising acrosssupport as their on-campus counterparts, if not more.
the board, and adult students are finding it difficult toAt Regis University, they have a full virtual-campus
take on additional debt while at the same time giving— including multi-media courses featuring
up their full-time jobs. They may also have familystreaming video, access to Regis University’s
obligations or other commitments that would make itDayton Memorial Library, and a dedicated academic
difficult for them to enroll in a full-time, two-yearadvisor. And if any technical problems should arise,
program, especially if they would have to relocate toRegis University’s partner, University Alliance, is
do so. That is why online MBA programs have beenon hand to offer technical support. And if that
increasing in popularity.weren’t enough, after graduation students can
For many prospective students, online interactivejoin the alumni association and make networking
programs are an enticing option. Students learn at theirconnections that could help them find their next job.
own pace, so they can continue to earn income fromKeep in mind that all universities do not offer all these
a full-time job and maintain a family life while takingbenefits — so make sure you ask plenty of
classes when it’s convenient for them. Theyquestions.
don’t have to travel to campus or arrange forMBA holders make more money and move up the
childcare. They can even receive financial aid, just ascareer ladder faster. And programs like Regis
they would with a traditional program. With online MBAUniversity’s online MBA have taken away all
programs students receive all of the benefits ofthe obstacles to earning that advanced degree. So
traditional instruction, with none of the drawbacks.there are no more excuses — you can learn at
Case in point: Regis University’s online MBAyour own pace; on your own time. And in the case of
programs.Regis University, you have all the resources of a
Regis University is a traditional, ground based schooltraditional campus to back you up. There’s
that offers four MBA degree programs 100 percentnothing stopping you now.
online. And not only is Regis University regionally