What is a Mini MBA?
A Mini MBA is an online training program specifically geared toward the essentials of small business management. The program offers an introductory insight into the business, preparing learners for a more generalized understanding, and preparing professionals with a foundation that will carry them through their future endeavors.
Online education is designed to be convenient and interactive, so students can work when it is convenient for them – not unlike traditional business training. While attending classes via the Internet is by no means an epitome of efficiency, the flexibility afforded to students allows them greater time flexibility and adaptability.
It is important, however, to ensure that the online institution offering a Mini-MBA program is reputable. Reputable schools and colleges make clear their educational standards, which include qualifying exams and maintaining a certain standard of excellence. Furthermore, reputable schools provide students access to the support network necessary to help them once they have completed their course of study.
Often, online schools offer one-on-one tuition assistance and advice. This helps students not only get the most out of their education but helps them overcome any inadequacies before beginning their careers in business.
Advantages of Mini MBA
The Advantages of Mini MBA degrees are as attractive as the education that they offer. The fact is, a lot of people do not have time to go for a full-time degree just to be qualified for a high-paying and meaningful career. In such a scenario, an MBA degree makes sense. It is a perfect fit for the individual who wants to be prepared for the hustle and bustle of life’s challenges and wants to excel in the highly competitive job market.
The best part about a mini MBA is that you can study from your own home. Studying by yourself in the privacy of your room is a luxury most of us do not have. The Online MBA schools present numerous advantages to those who opt for this path of higher education.
The first advantage is the cost-benefit. Students who opt for an online education stand to save considerably over a regular MBA program. The cost of setting up a classroom setting and furnishing the necessary equipment and materials is eliminated. This means that you need not allocate extra funds towards boarding and lodging facilities or even buy textbooks on your own.
Another advantage is the flexibility factor. You are not tied down with any specific schedule. You can complete your coursework at your convenience. You can opt for weekend or evening classes. So, if you wish to continue working while studying, an online MBA course is a suitable option for you.
While pursuing an online MBA, you also benefit from the flexibility and convenience of attending classes at any convenient time of the day or night. You do not have to contend with any other external constraints. You can set and forget when you want to. You can easily fit in your in-class education at home or spend some time in your office.
The advantages of an online MBA do not end here. It is a complete stand-alone program that does not require you to enroll in any campus-based school or college. You can get your degree from any location, even if it is at home. So, you save a lot of money on commuting expenses. Further, you can study at your own pace and in the comfort of your home.
Disadvantages of Mini MBA
The main disadvantage of an online MBA is the difficulty level associated with it. Like any other subject like engineering, medicine, etc, it is easier to learn online than on a campus. But when you compare the online courses with the in-class ones, you will find that the gap in understanding the difficulty is very wide.
There are many students who face problems in understanding the subject material due to this. It is therefore important that the student follow a regular and uniform study pattern whether he is attending classes at his home or at his college.
The main disadvantage of this MBA course is that there is no guarantee of employment once you graduate. Most of the time, people get employed after graduating. However, this depends on the individual criteria. Many prefer to get into the business, whereas few prefer to remain with their jobs. Some companies may even hire an employee only if they believe that the person has the potential to develop into a successful businessman.
The disadvantages of getting an MBA degree online are that it will take time. This time will be spent earning a degree while still working. A regular MBA student can easily squeeze in some additional online courses or electives into his schedule. This makes working full-time difficult. Earning a degree is also quite time-consuming, which can cause a lot of problems in between.
Some employees may find working at home inconvenient since they have to get up early in the morning for work. Besides, most employees find it hard to focus and concentrate when they are faced with distractions such as kids or work calls. However, once you are able to get an online MBA, you can continue with your regular job without facing any difficulty. As most of the companies are now promoting telecommuting and flexible working hours, you can always opt for an online MBA instead of remaining tied up with a regular job.
The advantages and disadvantages of this MBA program have been enumerated above. Now it is up to you to decide whether it is advantageous for you to pursue this option. Just remember that before you make this decision, you should first assess yourself. If you have the time and financial resources, then go ahead and enroll yourself in this program.