It also highlighted the inefficiencies and vulnerabilities of old-world project management practices. However, while this might’ve been overwhelming to a certain class of entrepreneurs, those with an MBA were still able to shine.
The recent crisis has done a lot to reinforce the importance of business education and also helped business programs get a lot of attention. And with distance learning being the order of the day, online MBAs, in particular, are garnering some much-needed interest.
Here are a few reasons why getting an MBA now could be the best decision you’ve made for your entrepreneurial career.
An MBA will Give You a Crucial Set of Skills
An MBA will give you the tools needed to thrive in virtually any climate. You’ll learn things like agile and lean, which will allow you to run a much tighter and efficient operation either remotely or in office.
You’ll also learn everything to build a business from scratch from financing, manufacturing, management, supply chain logistics, accounting, and law, just to name a few.
Just doing so will allow you to save so much on outside help, which is especially useful if you’re a fledgling operation with not much space for overhead.
Applying is Easier than Ever
Another thing that makes now a great time to get an online MBA is how easy it is to enroll. You now have centralized application services that allow you to apply for an MBA degree online from multiple institutions all in one place.
This means you only need to research the schools and programs that interest you, submit one application, and have it sent to them. You will then be able to check the status of all applications in real-time.
Online MBAs are Tailor-Made for Entrepreneurs
Online MBAs are perfect for entrepreneurs and allow for so much flexibility. For one, you can decide if you want to follow courses on your own time, or on a schedule. You can also decide to either accelerate your studies or stretch them out to make juggling both your business and studies easier.
other valuable tips from our business blog (new win):
How Completing an MBA Program Can Help Improve the Financial Health of a Business
Not only that, but there’s also no need to relocate to get the degree from the school of your dreams. If you have what it takes, you can enroll in virtually any school you want in the country without having to cross state lines.
You also shouldn’t worry about the quality of the programs. They’re just as rigorous as any course, and can even be better in some cases as students often have much easier access to teaching staff during classes.
As you can see, there are tons of reasons why getting an MBA now as an entrepreneur could be such a great decision. If this is something that interests you, we strongly suggest you speak with entrepreneurs who went through it and get as much information about what you can expect first.
Image Credit: get an MBA by twenty20.com
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