As the popularity of online education has increased so too has the need to differentiate between high and low quality. Gone are the days when a person would be well advised to be suspicious of most programs or degrees delivered remotely; but navigating through today’s vast array of formats and study options could easily appear insurmountable at first glance to many a prospective student.
It’s for this very reason that QS launched an online MBA ranking back in 2012 (here’s the latest edition) – and the format’s growth has now led The Princeton Review to follow suit. Although The Princeton Review has already attracted criticism for the vagueness of its methodology (you can read about QS’s online methodology here) it was based, in part, on a survey of almost 2,000 online MBA students across 80 different programs.
Among these students, 85% had based their choice of business school – or rather, online education provider – on reputation. Furthermore, when the survey range was narrowed to include students attending the highest-ranking online MBA programs, The Princeton Review found that 44% of students reported receiving a promotion during the course of their online MBA. Graduates surveyed also reported an average salary increase of 25%. These statistics are suggestive of the rewards on offer to those attending credible and well-regarded online MBA programs.
Rewards from reputable online MBA programs come at a price
In this light, it’s easy to see why the MOOC format– with its capacity for flexible and free enrollment – attracts so much interest among prospective students of business education. Enrolling in an online MBA is, after all, a full commitment to a degree and the investment that this entails.
However, can these free courses live up to the experience provided by paid programs – be they online MBA programs or even the shorter-form options available in executive education?



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