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The Advantages of Online MBAs for Parents

Working parents have major obligations which can be as rewarding as they are demanding. Is it realistic to earn an MBA while juggling a full-time job and a family? While it might not be easy, most most worthwhile endeavours aren’t — and online MBA programs, like Kenan-Flagler Business School’s MBA@UNC, now deliver some of the world’s highest-rated business education curricula in a more flexible and accessible format than ever before. While highly motivated and intrepid working parents have earned MBAs from all types of programs, online MBAs offer certain definite advantages.

Flexible Scheduling

Online MBA programs eliminate the time required for commuting to campus and allow much greater flexibility in scheduling than traditional, campus-centered graduate education. Asynchronous coursework can be completed at the student’s leisure, and advanced learning technology makes it easy to collaborate on projects with classmates around the world. Even those aspects of the program that do take place on a fixed schedule, like weekly virtual class sessions, can be completed from the comfort of the home or office. While the coursework is rigorous, these programs are designed to remove all unnecessary impediments between students and a high quality business education.

Synchronous and Asynchronous Technology

The best online MBA programs use a blend of synchronous and asynchronous learning technology to recreate the personal feel of a traditional MBA program while affording students maximum flexibility in how they complete about their coursework. Synchronous technology, such as video-conferencing for virtual classrooms, allows groups of students and faculty to interact in real time. Asynchronous technology, such as a specialized social network, message boards and email, allow students to respond to each other on a longer timeline, which is particularly important for working parents or students in different timezones. This mixture of balanced educational technology provides many of the benefits of face-to-face interaction, while offering the flexibility and accessibility that only online education can provide.

Work From Home

For parents who work from home, or those who would like to, an online MBA program provides a unique advantage. In many ways, business professionals must make their own schedules, meet with challenging deadlines, and communicate with distant clients and colleagues. These skills will be exercised and strengthened by an online education, while students learn the concepts and practices that will help them sharpen their business skills, expand their networks and advance their careers.

Acquiring a graduate level business education is a challenging and exciting process for anyone, but online MBA programs are particularly well suited to the lifestyles of working parents, who would miss out on priceless family moments by spending nights or weekends commuting to a campus. After all, bettering yourself and your career should not need to come at the cost of family. And online MBA programs will give you the most flexibility in how you choose to balance the demands and rewards of your personal, professional and educational commitments.

Top 5 Films to Watch About Business

Stressed about studying for the GMAT? Nervous about getting your MBA applications in on time? It’s important to take breaks during your business school application process and during your GMAT study plan. Take mini-breaks from that GMAT book, and do something enjoyable to get your mojo back and remember just why you wanted to go to business school for an MBA in the first place. These films are all business-related, and will teach you some valuable lessons that will come in handy once you’re at one of the Best Business Schools and in the professional world! Here are the top five films to watch about life in the business-world:

Test your GMAT skills with this GMAT verbal practice question.

1. Working Girl – The “Legally Blonde” of the business world, Melanie Griffith plays a lowly employee struggling to be noticed and climb the corporate ladder. A great “triumph of the little man” movie, the lesson here is that no matter what your GMAT score is, or your business school credentials, hard work and talent always pays off!

2. Network – A behind the scenes look at a television network, this is a great film for insight into the business of news media. Stunningly directed by Sidney Lumet, it features some great quotes from character Howard Beale: “All I know is that first you’ve got to get mad. You’ve got to say, ‘I’m a HUMAN BEING, God damn it! My life has VALUE!’

3. Wall Street – Michael Douglas’ portrayal of Gordon Gecko is superb, and this quintessential “greed is good” morality tale will definitely make you think twice about what company and who you work for!

You can watch a lot of these movies online via Amazon and Netflix, and you can also study for the GMAT online anytime of the day, from anywhere you have Internet access on Grockit!

4. Glengarry Glen Ross – Interested in real estate? This take on a group of salesman at a Chicago real estate office will force you to question your personal ethics and consider just how far you’d go to make money and keep your job. An all-star cast features Jack Lemmon, Al Pacino, and Alec Baldwin.

5. The Pursuit of Happyness – A heartwarming film about Will Smith struggling to begin his professional career and take care of his son, it has similar themes to Working Girl. After the cutthroat atmosphere of Wall Street and Glengarry Glen Ross, this is a great film to inspire you!

Give yourself one day a week to relax and watch a movie. Ready to get back to studying, or need expert advice on your study plan? Ask one of Grockit’s expert tutors!

MBA for Career Switching Part 4 (Final)

The summer internship is a big part in switching.  Not only will you be able to decide if this is in fact an industry you would like to be in, it is a long-term job interview.  If you like the job and you do well it in, your second year of business school could be a breeze if they make you an offer.  If you find out that you love it but they don’t love you, then at least you are part of the way home and now have good experience.  If you find out not only do they not want you, but you don’t want them, then you have a lot of work in front of you.

Lets deal with the latter two, as the former is pretty easy.  If you love the field, but they do not offer you a job, you will find yourself in a large camp of fellow business school students.  A lot of firms simply do not have the budget to make an offer at that time, so the key is to keep in touch with the firm and specifically a person who liked you there.  Try to meet up with them throughout the second year to see if things have changed on the hiring front.  Make sure you are LinkedIn with them and have them write a recommendation for you when you are still fresh in their memory.

The next step is to get back to the informational interview grind.  Get back in touch with your solid contacts, let them know about your internship and get back into their minds.  Secondly, don’t fret too much as there will be a lot of companies coming on campus and not getting an offer is not a scarlet letter that should cause problems for you.

If you realized during your internship that you do not really want to go into that field, you are both lucky and disadvantaged.  On one hand you got paid for three months of work to save you from getting into a lifetime of something that does not interest you, but on the other hand you now are back at close to square one with less time on your hands.  You need to really focus on developing a new list of alumni contacts to speak to and possibly push for an academic internship.

Either way stay involved in the community, because you never know what type of opportunities will arise by just speaking to classmates, professors or people in the field.

Finding your job will be a job and you need to treat it as such.  Do not get bogged down looking to get all A’s and graduate owing Sallie Mae and without a job.  Make sure you continue to prioritize your time in a way that allows you to take advantage of all of the help you will have during this time, because it will recede after you graduate.

To sum it all up, business school is basically about getting you a job and the resources and time are set up that way.  Do yourself a favor and use these resources fully and find that job that just cost you a pretty penny.

See my other articles in this series: