Aspiring Entrepreneurs Choose Online MBA Programs for Flexibility

November 17, 2011 · Leave a Comment 

Entrepreneurship is becoming more and more important to those seeking MBA’s – and online MBA’s are becoming the method of choice for many aspiring entrepreneur success stories to gain the skills they need as students feverishly cook up the next big business.

Today, the business-sphere is not what it used to be. In the current economic climate jobs for corporate industries are becoming scarcer, lower-paying and requiring longer hours and with little security to boot. It is causing many to reconsider the skills they want to gain in the process of studying for their MBA degree. Do they want to learn how to do finances for a big company that might cut them the minute their salaries cut into the bottom line? Or do they go the route of becoming their own bosses?

Entrepreneurs Choose Flexibility Over Tradition

For many, it is the later, and the tool of choice is the online MBA program. The online MBA allows a flexibility that a residential course does not. Students can plan and work out the glitches of their business idea full-time as they garner the logistical skills that they need in order to do it. Admittedly, the majority of current entrepreneurial training offerings are only recently instituted for most programs, but their high demand is making them become part of the standard curriculum.

One school, the University of Liverpool, has seen the confluence of the online MBA and rising entrepreneurial spirit first hand. Over one-third of its online student body are pursuing MBAs and entrepreneurship classes are high in demand, causing brand new courses to be added to the online program in social enterprise, entrepreneurial work in emerging markets, and general entrepreneurship. Other online MBA programs, such as the one offered by Warwick University, have also seen increases in enrollment – most likely caused by interest in the MBA program’s final project; in which students develop their own business plan.

In fact, a recent survey by the Association of Business Schools found that 30 percent of those surveyed thought that entrepreneurship is one of the five most important topics of the business school curriculum; but surprisingly, it was the first time entrepreneurship showed up in the top five topics at all. It seems the entrepreneurial spirit seems to be catching, holding a larger part in the minds of those interested in the world of business.

Read more about the new interest in online MBA programs and entrepreneurship in The Guardian.

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