Forum Home > GMAT > Quantitative > Problem Solving (PS)
|
|
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized
for You
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
souvik101990
Alum
Joined: 19 Mar 2012
Last visit: 09 Nov 2024
Posts: 4,327
Own Kudos:
Given Kudos: 2,326
Location: United States (WA)
Concentration: Leadership, General Management
Schools: Ross '20 (M)
GMAT 1: 760 Q50 V42
GMAT 2: 740 Q49 V42 (Online)
GMAT 3: 760 Q50 V42 (Online)
GPA: 3.8
WE:Marketing (Non-Profit and Government)
Products:
Expert reply
17 Mar 2013, 02:48
Kudos
Bookmarks
Online MBA Rankings - GMAT Club Online MBA Vault
With the digital revolution, online MBA programs are definitely on the rise. Few of them are top ranked and established in themselves and few of them are new players in the market, including some questionable for profit B Schools which offers MBA degrees exclusively online. Lets dive into why you might consider getting your MBA online and why you might politely decline.
Pros of the Online MBA
- Flexibility
- Return of Investment
- Reduced or Zero opportunity cost
- Mostly Employer sponsored
Cons of the Online MBA
- Reduced opportunities
- Practically zero networking
- Career switch - uncommon
What Should You Look for in an Online MBA?
1. Reputation - online MBA programs tend to have a weak reputation due to some of the first few programs lacking quality control and relaxed admission policy. Thus if you are getting an online degree, you want to get it from a very reputable school, ESP. From one that has a strong name recognition. Fro example UNC, Duke, or Tepper. Thus your first priority should be addressing the perceived reputation.
2. Admission standards. Review the admissions requirements; if the school does not require you to take the GMAT or any other admissions test, that could be a red flag. Remember that low standards and widespread admission was the issue that got the online programs into trouble. Low barriers to entry result into a lower perceived value by the students, lower effort, less aunity, and finally, lower quality of students.
3. Class Profile. You want to check the student profile and see how an average student and your future classmate looks like. If you see that they have no work experience, lack leadership experience, grades or test scores, that's a red flag.
Featured online MBA program: MBA@UNC
UNC Kenan-Flagler’s MBA@UNC is an innovative online MBA program that gives high-potential professionals the opportunity to earn an MBA degree online from a top-ranked U.S. business school from anywhere in the world. MBA@UNC continues UNC Kenan-Flagler’s tradition of excellence embodied by each of our top MBA programs offered on-campus. What’s different is how we deliver it. Through the use of innovative technologies and real-world immersion experiences, MBA@UNC blends the flexibility of online learning with the rigor and quality of an on-campus experience. As you earn your business degree online, you will learn along with other global managers, developing the strategic insight and leadership ability to lead top organizations around the world.
AACSB Accredited Online MBA Programs
If you’re interested in looking at online MBA programs, beware. While there are a few high quality MBA experiences online, they are few and far between. At the very least, you need to insure that the program you’re considering has been accredited by the AACSB, the Association to Advance Collegiate Schools of Business. For business schools, it’s pretty much the only accreditation that matters. It is the oldest and largest global accrediting body for business schools. Harvard, Stanford, Chicago, Wharton, all the big guys are accredited by the AACSB. Everything else is beside the point.
And even AACSB accreditation does not insure a quality experience. It’s a bare minimum level of approval. Nothing more. There are many AACSB-schools that fail to measure up and provide a top flight MBA education. Again, it’s extremely important to go to the best possible school you can get into. That’s not always possible, and it’s also not always possible that you can afford to take off two years of your life and get into a top-ranked business school.
If you can’t and still want an MBA education, online alternatives are becoming more viable. The fact that Indiana University’s Kelley School of Business is in the game, and the University of North Carolina’s Kenan-Flagler School of Business is about to get into it, speaks volumes for this alternative way to get an MBA. There’s also IE Business School in Spain, which offers a global online degree in both English and Spanish.
Online MBA Rankings
US news 2016 rankings
FT 2015 Online MBA rankings
souvik101990
Alum
Joined: 19 Mar 2012
Last visit: 09 Nov 2024
Posts: 4,327
Own Kudos:
Given Kudos: 2,326
Location: United States (WA)
Concentration: Leadership, General Management
Schools: Ross '20 (M)
GMAT 1: 760 Q50 V42
GMAT 2: 740 Q49 V42 (Online)
GMAT 3: 760 Q50 V42 (Online)
GPA: 3.8
WE:Marketing (Non-Profit and Government)
Products:
Expert reply
18 Mar 2013, 08:05
Kudos
Bookmarks
US News Ranking methodology
Student engagement (28% of ranking)
| Ranking indicator | Category weight (percent) | Scoring process |
| Graduation rate | 27 | A school’s graduation rate relative to its program length, divided by the highest rate among all schools. |
| Best practices | 24 | Up to 1.6 points each for 15 different factors: policies of instructors tracking, reviewing, and providing feedback on student participation; frequencies of instructors tracking, reviewing, and providing feedback on student participation; school tracks students after graduation; collaborative coursework; formal copyright policy; anti-plagiarism policy; American Disabilities Act policy; certified instructional designers; students sign ethics statement; instructor response timeframe; instructor office hours. |
| Program level accreditation | 20 | AACSB (Association to Advance Collegiate Schools of Business) accreditation receives full credit; ACBSP (Accreditation Council for Business Schools and Programs) or IACBE (International Assembly for Collegiate Business Education) accreditation receives half credit. |
| Class size | 11 | A school’s mean class size and maximum class size, relative to the 20th percentile values among all schools. |
| One year retention rates | 9 | A school’s mean one year re-enrollment rate of new entrants divided by the highest value among all schools. |
| Time to degree deadline | 9 | A school that requires students to complete their degree within 1.5 times the program length receives the full score. Other schools score progressively lower the longer their time to degree deadlines. |
Admissions selectivity (25% of ranking)
| Ranking indicator | Category weight (percent) | Scoring process |
| GMAT scores | 30 | A school’s mean GMAT score of new entrants is divided by the largest mean GMAT score among all schools; this is then multiplied by its percent of new entrants who submitted GMAT scores. |
| GPA scores | 30 | A school’s mean GPA score of new entrants is divided by the largest mean GPA score among all schools; this is then multiplied by its percent of new entrants who submitted GPA scores. |
| Acceptance rate | 10 | A school’s admitted students divided by applicants, subtracted from 1 to determine a rejection rate; this is then divided by the highest rejection rate among all schools. |
| Employee sponsorship | 10 | The percentage of new entrants whose tuition was at least partially financed by employers. |
| Experience | 10 | The extent to which the following are required of new entrants: work experience in business, undergraduate business coursework, and/or undergraduate business degree. A school does not need to require all three to receive the full score. |
| Letters of recommendation (general) | 5 | Schools with three or more required letters receive the full value; schools that require 2 receive 0.7 value, and those that require 1 receive 0.4 value. |
| Letters of recommendation (professional) | 5 | Schools with one or more required letters receive full value. |
Peer reputation (25% of ranking)
| Ranking indicator | Category weight (percent) | Scoring process |
| Score | 100 | A school’s weighted mean of scores on a 1-5 scale from marginal to outstanding as submitted by peer institutions, multiplied by 20. |
Faculty credentials and training (11% of ranking)
| Ranking indicator | Category weight (percent) | Scoring process |
| Ph.D. faculty | 40 | Schools employing at least 50 percent of faculty with terminal degrees receive full score; schools with below 50 percent receive a score based on their percents of faculty with terminal degrees multiplied by 2. |
| Tenured faculty | 20 | Percentage of Ph.D. faculty who are tenured or are tenure-track faculty. |
| Financed training | 13 | A school receives full score if it supplies or fully finances formal training for new instructors in distance education teaching practices. |
| Hours of faculty training | 13 | The number of hours a school requires training for instructors to teach distance education courses, divided by the 80th percentile largest value among all schools. All schools with values above the 80th percentile receive the full score. |
| Continuing faculty education | 7 | School receives full score if it requires continuing formal education on online teaching practices for instructors. |
| Peer review | 7 | School receives full score if there is a formal system of peer review for instructors. |
Student services and technology (11% of ranking)
| Ranking indicator | Category weight (percent) | Scoring process |
| Student indebtedness | 50 | Half of the weight is a school’s mean student debt at graduation compared with the median such value among other schools; the other half is the percentage of a school’s graduates with debt compared with the median such value among other schools. Only schools with below median debt levels for either were awarded scores. |
| Technologies accessible to students | 28 | Two points each for the following: PC compliant; Apple compliant; application for tablet computer; application for smartphone; remote access to the following: live streaming audio, live streaming video, recorded audio, recorded video, software-based readers, bulletin boards, simulations, online chat rooms, visual software. |
| Services available to students | 22 | Two points each for remote access to the following: academic advising, bookstore, 24-7 tech support, financial aid services, digitized library, live librarian, local area network, mentoring, live tutoring, writing workshops, business school-specific career center. |
07 Jun 2013, 02:55
Kudos
Bookmarks
its best information for Online MBA students..........
