5 Advantages Of Choosing An Online MBA

If you’re an industry professional looking to broaden your skill set and global reach without taking time out of industry, an Online MBA is a great option.

IE Business School is home to the best Global Online MBA program according to the Financial Times ranking, making it the tenth consecutive year the program scored in the top three schools.

Much like the rise of remote and hybrid work since the pandemic, the Global Online MBA at IE Business School provides students with the option to choose between fully remote or hybrid teaching—and that’s not all.

Here are five reasons why an Online MBA program could be the right choice for you:

1. Join a global network of industry professionals

As many MBA alumni can attest to, the network you build is one of the most valuable assets that business school has to offer. 

With most students in the IE Global Online MBA averaging at least three years of experiences across a range of industries, there's ample opportunity to learn from an enriching class. Building an international network is a great way to discover the nuances of the global business landscape and develop insights into a range of industries.

Boasting an alumni network of over 80,000 from 176 nationalities, IE Business School has strong ties to a global community of business leaders.

Students on the Global Online MBA program can choose between one of three destinations as part of IE’s annual Global Immersion Week, previously held in cities such as London, San Francisco, Sao Paulo, and Dubai. The event provides an opportunity for students to network, attend masterclasses, and learn how companies operate in different countries.

2. Stay up to date with industry trends

Business schools understand the importance of staying ahead of the curve in the corporate world. When it comes to selecting an MBA program, choosing a school that keeps a finger on the pulse of emerging industry trends is crucial. 

As the first MBA program to make entrepreneurship a compulsory component, the IE Global Online MBA takes a proactive approach to anticipating industry shifts.

Courses cover topics ranging from financial analysis to influence and persuasion, ensuring students graduate with a broad skill set and strong career prospects. Students can further specialize in different concentration areas in term three, including fintech and strategic management, gaining up-to-date insights into topics that directly impact their careers.

3. An Online MBA provides flexibility 

Instead of having to choose between furthering your education or advancing your career, an Online MBA allows you to learn and attend events from wherever you’re based. 

The Liquid Learning methodology at IE makes the Global Online MBA particularly flexible, with interactive tools that allow students to participate online or in-person at their campuses in Segovia and Madrid. Fortunately, if the 17-month timeframe doesn’t align with your professional commitments, the program can be extended to 24 or 30 months to best suit your schedule.

With hybrid work emerging as the preferred working format by 65% of respondents in a recent survey, the adaptable structure of an Online MBA is particularly appealing and reflective of evolving modes of work.

4. Access customized career support

Career services can help your career preparation from the onset of your MBA journey.

While not all business schools invest as heavily in their career support, IE Business School offers personalized coaching sessions through the Career Transformation Program, where students can optimize their professional profile for each step of their job applications. 

Through workshops and individual career advising sessions, students can develop a career strategy that best positions them in the competitive job market. A series of career events organized by the Talent and Career Center connect students and alumni with leading recruiters from all over the world. 

With a flexible Online MBA, students can boost their professional visibility with no logistical constraints over time and location.

5. Online MBA programs offer affordability 

An Online MBA is a great way to cut the cost of an MBA program without compromising on the quality of teaching or career prospects.

At just €60,000, the leading Online MBA program in the world at IE Business School happens to be one of the most affordable MBA options out there.

To reduce barriers to education, scholarships of up to a 15% tuition waiver are available based on financial need, academic merit, and diversity. Students also have the option to pay fees in as many as 12 instalments with no added interest.

For Online MBA candidates who plan to worK around their studies, corporate sponsorship is an especially appealing option. Approximately 45% of IE Global Online MBAs currently receive some form of sponsorship from their employer. 

With an Online Global MBA, professionals can see the benefits of their studies in real time, around their own schedule. For more advice on how to ace your Online MBA application, check out the BusinessBecause Online MBA Guide.