What do you think about advancement with your current company? Do you think that perhaps a four-year degree does not line up with your future aspirations? Why not consider getting a Master’s of Business Administration (MBA).
The career opportunities a graduate degree can offer in business, marketing, consulting, and finance will provide you with many benefits. Valuable strengths such as presentation skills, strategic thinking, and complex problem-solving abilities are other talents an MBA can bring you.
The salary potential is tremendous, and the employment rates for those recent MBA graduates are the highest in five years. The rising demand continues for MBA grads in the technology, consulting, and financial sectors of business.
According to U.S. News, an MBA graduate can earn up to $164,000 annually. But unfortunately, traditional MBAs come with a big price tag. According to Newsweek, MBA programs at all schools, not just Ivy League schools, can fall between $55,000 and $68,000 per year. That does not include the cost for incidentals like room and board, textbooks, and course fees.
A price that high is not possible for many students, regardless of how committed they are to their career. But what if you could find an MBA program free to you? How is that possible? You ask. The internet provides a way for anyone, anywhere in the world, to obtain a well-rounded business education at no cost.
Many of the best universities, colleges, and business institutions in the world offer free business courses on any topic of interest that you may complete at your convenience. The classes are studied independently and on your own schedule, at your own pace.
The college or university uploads the courses with free access or other educational websites that may provide business-related courses that could be applied to an MBA. If you are wondering whether to go for post-graduation, MBA or CFA as a finance aspirant, here’s an article to guide you.
Here are a few examples of some schools and the classes offered.
- Harvard UniversityOffers Nonprofit Financial Stewardship Webinar, Entrepreneurship in Emerging Economies, and Launching Breakthrough Technologies
- Massachusetts Institute of Technology (MIT) Offers Managerial Psychology, Marketing Management, and Economic Analysis for Business Decisions
Students can complete these courses anywhere they have an internet connection. It may allow them to finish classes quicker than the traditional classroom setting. With the extra level of flexibility online learning can provide, students can self-pace, investing only two to four hours weekly in their courses.
If you do not need the diploma or the price tag but want the knowledge and skills that accompany an MBA, this is an excellent option. Another advantage of online programs’ flexibility is the commute to class. There isn’t one. Weather and traffic are not a concern either. Are you an insomniac? Perfect time to study!
Some employers offer tuition assistance or reimbursement for full-time employees to enable them to earn their MBA. Students will continue working full-time while receiving part- or full-time reimbursement from their organization. Some employers could want their employees to pursue an Executive MBA rather than the traditional one to groom potential executives and leaders in their organization.
Because of emerging forms of technology, the landscape of higher education has changed immensely. Universities and colleges can access the internet to post their content to share with eager business learners anywhere in the world and with the help of online proctoring services, they can spot cheating right on time.
Without the expense of a brick-and-mortar classroom to seat students, the college overhead costs are much lower. Even though free MBA programs are relatively new, they are becoming quite popular.
There has never been a better time to enroll in the free programs for the world’s future business leaders. You might want to start by taking online IT lessons if you are not familiar with the use of basic computer programs.