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*VANITY* Are Online MBA programs worth it? Can you recommend a good one?

Posted on 02/09/2005 6:39:44 PM PST by TorahTrueJew

*VANITY* Hello--

I am an electrical engineer, and am thinking of advancing my career to improve my ability to get into engineering management. I have BS in EE, but I am thinking of getting a Masters. A Masters in EE doesn't do a heck of a lot for a career apart from a little more salary, but I think an MBA would really help me along. Since I have a kid and it's lots of time to go to classes, I am thinking of doing an online MBA from home. So far, I am considering Liberty University and University of Phoenix. I just wanted to toss this out to my fellow Freepers and see what you all thought. Does an online MBA mean anything to employers? And what schools are best? I like the idea of a brick-and-mortar school with an online presence over an online-only school. Also, Liberty is a much more conservative school, so I know economic classes won't be communist like they are in most universities. My wife is doing undergrad at Liberty distance-learning and she loves it. They require a 1 week on-campus course though (which I could probably do, spend a week in Lynchburg), whereas U of Phoenix is all online. I know there are like a million MBA programs out there though.

So what do you think? Are MBAs now a dime a dozen? My thinking is that since I'm not going into business per se, but into engineering management, then just having the MBA is worth it, whether or not its from Wharton. But must a school be AACSB accredited? Neither Liberty nor Phoenix are. This is a great community, so I figure somebody must have an opinion.

Thanks!


TOPICS: Your Opinion/Questions
KEYWORDS: business; college; distancelearning; highereducation; internet; mba; online; university
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1 posted on 02/09/2005 6:39:45 PM PST by TorahTrueJew
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To: TorahTrueJew

University of Phoenix is way expensive.


2 posted on 02/09/2005 6:40:31 PM PST by Xenalyte (Your mother sells hot dogs.)
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To: Xenalyte

U of Phoenix is also owned by a big lib and contributor to the Democratic party. Whereas Liberty is all about Jerry Falwell.... as an Orthodox Jew, I have to say, he's awesome :-).


3 posted on 02/09/2005 6:41:33 PM PST by TorahTrueJew
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To: TorahTrueJew

If it's not accredited, it's not worth much.


4 posted on 02/09/2005 6:42:15 PM PST by fuente
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To: TorahTrueJew

Well, there you have one pro/con for your list!


5 posted on 02/09/2005 6:42:30 PM PST by Xenalyte (Your mother sells hot dogs.)
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To: TorahTrueJew
Does an online MBA mean anything to employers?

No...NIMHO

6 posted on 02/09/2005 6:43:39 PM PST by Drango (tag line under repair)
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To: TorahTrueJew
If you plan to use your MBA to get a better job, then you must go with a full-time, top MBA school. Look to US News and World Report, The Economist, The WSJ, and The Princeton Review.

All others merely help you learn the concepts for your present level of job. This is not bad, but not the same as an MBA with a reputation and a rigorous two years.
7 posted on 02/09/2005 6:44:42 PM PST by ScottM1968
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To: TorahTrueJew

A master's in EE will do more for you than an MBA, even if you're interested in managing. If you can't spend the time to physically go to school, U of Phoenix is better than nothing but a lot of "brick and mortar" schools have night grad classes also. When I had my daughter, the class I was in was luckily available on a webcast also due to people at Sandia and Los Alamos who wanted in on it.


8 posted on 02/09/2005 6:46:13 PM PST by Flightdeck (Liberals see Saddam's mass graves as half full. I prefer to see them as half empty.)
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To: TorahTrueJew

I went to Univ. of Phoenix, and they sucked. I wish I didn't waste my money on them.


9 posted on 02/09/2005 6:47:12 PM PST by ViLaLuz
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To: TorahTrueJew

The University of Phoenix is accredited by the Higher Learning Commission of the North Central Association. I assume this applies to the Masters programs.


10 posted on 02/09/2005 6:48:06 PM PST by monkapotamus (.)
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To: Flightdeck
I totally disagree. The research I did several years ago said getting an advanced engineering degree with an undergrad in the same resulted in an average of an 11% increase in base pay with employers.

It is much preferable to get a full-time MBA from a top school. Go for the best you can get into.
11 posted on 02/09/2005 6:50:46 PM PST by ScottM1968
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To: ScottM1968

"It is much preferable to get a full-time MBA from a top school. "

It depends... do you wanna be management, or do you wanna do EE work?

In my field (IT) the people who do the management are rarely good techs, and the good techs are rarely taken into management. It seems as though they don't do foosball and Mtn. Dew in board rooms....


12 posted on 02/09/2005 6:55:02 PM PST by TWohlford
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To: TorahTrueJew

My two cents: not worth it to go online.

I did my MBA at a top school in NY and the biggest gains by far were the networking. What made the classes most interesting were the discussions, debates and group projects. Unless you're in a highly quantitative role none of the academic work is highly relevant once you get out - just in a general "rounding" sense.

I don't know much about online MBAs but I can't imagine them being very rewarding, nor highly valued by employers. It would seem they could give you some academic knowledge, but one could just buy a book for that.

I'm available if you want to chat. Private message me.

Shalom,
Dave


13 posted on 02/09/2005 6:56:17 PM PST by Uncledave
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To: TorahTrueJew
Check out the Online MBA program at University of Massachusetts at Amherst, here and here. Also check out California State University at Dominguez Hills, here.
14 posted on 02/09/2005 6:59:06 PM PST by PhilipFreneau (The fool hath said in his heart, There is no God. -- Psalms 14: 1, 53:1)
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To: ScottM1968

Well you can't very well get an advanced engineering degree without an undergrad in the same.

I agree one should go for the best opportunity they can find, but if it's an engineering firm he's talking about that is sufficiently large enough to have different managers of engineering groups, an MBA isn't going to cut it no matter where it's from. Engineers need to take direction from better engineers.


15 posted on 02/09/2005 6:59:22 PM PST by Flightdeck (Liberals see Saddam's mass graves as half full. I prefer to see them as half empty.)
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To: TorahTrueJew

They're currently having problems but degreeinfo.com will likely be your best source for info when they're back up. There is perhaps more than you want to know in the archived threads.


16 posted on 02/09/2005 7:00:01 PM PST by decimon
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To: TorahTrueJew
With his EE behind him, my husband put off going for an advanced degree for YEARS because he dreaded the thought of the work/time involved in a Master's in EE...until he thought, "hell, I don't HAVE to get it in double-E" and immediately put the wheels in motion for a Master's in Computer Science.

On-line-wise, he felt it was worth the effort to actually GO to school. Our kids were little and we saw little of him, as well...but once it's done, you won't regret it.

17 posted on 02/09/2005 7:01:21 PM PST by ZinGirl
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To: All

I don't know if it's all online, or internet based, or part-time (2 weeks a semester) attendance but we have a friend who has been working on his master's in engineering from Univ of Illinois, Champaign/Urbana. He is almost done and getting ready to take his PE exam in the fall.

There is also the recent DOE list that gives some of the online stuff. You need to check the accredidation requirements. I checked with UT here in Austin as to which schools they would recognize degrees from, and they had a list of traditional and online schools....so maybe you could check with a university near you..? Just some ideas..


18 posted on 02/09/2005 7:05:47 PM PST by austinaero
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To: TorahTrueJew
Well, the Miami Heat is up 36-14...oops, that's NBA...
19 posted on 02/09/2005 7:05:52 PM PST by SquirrelKing (Guinness for strength!)
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To: TorahTrueJew
It depends on where you want to go with your career, whether or not it's worth it. The University of Phoenix, FWIW, is not particularly popular in academic circles. Generally, you want to look for a school that has accreditation through one of the Association of Colleges and Schools. This ensures transferability of courses, etc.

The University of Texas system, for example, offers online MBAs for less than 10K. Quite a few colleges that you'd recognize and go "yeah, that's a legitimate college" offer online degrees, and I like the idea of getting my degree from a recognized institution. My undergrad is from the University of Texas, and one thing that's nice about it is that no matter where I go, people know where I got my degree. Other schools, such as Tarleton State, for example, are fine schools, but people who go there get a lot of "where's that?" questions. I'd look for a school that doesn't say "online MBA" on the documentation. A legitimate college should be providing a defined body of knowledge, and ensure that candidates receive that education whether taken online or in house. Check within your state, as state universities generally offer better tuition to in-state residents, although this is not always true of graduate programs.

As to whether or not an MBA is helpful to you, that depends upon your career plans. An undergraduate degree is generally helpful. Degrees beyond undergraduate can close as many doors as they open. If, for example, you decide you do not want to go into management, but only want to do production engineering work, potential employers may look at a graduate degree and think you're just grabbing a slot while you look for a management position. Supervisors who have undergraduate degrees are sometimes leery of hiring subordinates who have more formal education than they do. However, a graduate degree is a requirement for many positions, and a definite plus for others.

Finally, for many positions that require an MBA, the employer uses the degree requirement as a kind of schmuck strainer. It's a ticket punch to keep the number of applicants down. In this case, as long as the program is accredited, the employer doesn't really care where it's from. Also after your first two or three years after graduation, just like with an undergraduate degree, the employer is more interested in your work history than your academic history, so long as you have the required paper for the job. Hope this information helps.

20 posted on 02/09/2005 7:08:54 PM PST by Richard Kimball (It was a joke. You know, humor. Like the funny kind. Only different.)
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