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Planning to pursue a business degree? Then I am sure you are already looking for the best online business programmes available out there. If not, then it's time for you to go online. Nowadays an increasing number of aspiring entrepreneurs and business leaders are opting for quality online business management courses instead of traditional B-school programmes. Why? Keep reading to find out....
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Is Online Education A Threat?
As higher education becomes more and more expensive, learners across the world are now enrolling for online business education courses to earn accredited degrees in an affordable way. In fact the demand for online business study is so strong that most of the leading business schools and universities have started to offer their programmes online. Many institutes fear that online courses and MOOCs have become a threat for expensive executive programmes as most professionals are now moving towards e-learning courses due to their affordability and high levels of flexibility. So if you are planning to earn a business degree or diploma to land the next big promotion, then an online Level 5 extended management diploma will enable you to work and study at the same time. You can easily find a number of recognised courses online offered by reputed business schools and colleges which follow the same curriculum as the on-campus programmes and are held by in-house faculty.
Online Is Simply Better
Heraldo Sales-Cavalcante, head of learning and director of strategic analysis at Ericsson, initially had doubts about the quality of education offered by online courses. He believes that learning in the classroom was a much better alternative as “there is magic when you meet face-to-face. You form great networks.” However, he was open to experiment with online learning and ended up changing his mind. The fact is online business courses cost you only “a fraction of the cost” of studying executive programmes. Moreover, as these highly flexible you will need to invest much less time on your education and effectively balance your work and family. With more than 120 employees pursuing online courses at Columbia Business School since January 2014, Sales-Cavalcante now believes that these courses are highly effective and encourages more staff to study online.
He says that more business will think twice about sending their staff to traditional B-schools as unless there is a strict need for “experiential learning”. He adds “Business schools need to think about how they reinvent themselves and how they leverage technology.” There is no doubt that leading institutes like Wharton, Harvard and Columbia, are now feeling threatened with the vast array of benefits offered by online business study. With advancement of technology and growing credibility of online learning, most schools are introducing a line-up of online programmes. However, I must admit, that these courses are not intended to replace traditional executive courses, but to supplement them.
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Making Education Affordable And Accessible
Bharat N. Anand, Faculty Chair at Harvard Business School's online learning initiative HBX says that the rise in affordable and free online content may result in a drop in student enrollment in traditional programmes. This might also affect the revenue stream as well. But as businesses have various requirements, a number of models will eventually coexist, he says.
Another advantage on online business education is that it has substantially expanded the reach of education to numerous students from different parts of the world. Shilpa Patwardhan, connected learning director at Wharton Executive Education, says “In the past, the only option was to send people to campus. But (the costs) limited the number of people who could take the class. The reach that online education has is what organisations find attractive.”
I have no doubt that if you wish to gain the right business skills and knowledge and build your career as a successful business leader, then pursuing an extended diploma in management online is the perfect way to go about it. You can not only earn a degree without running into heavy student debts, nut you will also be able to hone your skills by working and studying simultaneously and getting the best employment opportunities.
What do you think? Are you ready for your online learning experience? Feel free to share your thoughts and views with me by commenting below.
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