MBA distance learning: A good choice? | Allensbach University

If you are studying the MBA by distance learning wish to acquire and have doubts as to whether enrolling on such a course is worthwhile, this article may be of interest to you: Below we summarize the most important information about the Master of Business Administration together .

The MBA is on the rise

There is a strong trend towards dual study models in the German education landscape. More and more people are opting for part-time distance learning, which offers numerous advantages over traditional on-campus studies. For example, those who study for an MBA by distance learning do not have to worry about financing their studies. They enjoy Great flexibility in terms of location and is not tied to a specific time . The course contents are online all you need is an Internet connection and a modern computer.

The attitude of companies has also changed: Applicants with an MBA are now welcome almost everywhere. They are usually well networked, have leadership qualities and possess soft skills that make them excellent team players. An MBA degree is now worth at least as much as a Master's degree - provided you have a good final grade.

Significant salary increase for MBA holders

From a financial point of view, the question of whether the "MBA by distance learning" project is worthwhile can also be answered with a clear "yes". According to a study by Mannheim Business School, professionals without an MBA earned between 32,000 and 43,000 euros in the five years examined. After obtaining an MBA, they earned between 79,000 and 85,000 euros per year. The bottom line is therefore an average salary increase of over 100 percent .

Even more important, however, are the Career opportunities that open up to holders of an MBA degree. Those who complete an MBA by distance learning and then graduate with a good degree can practically choose their career. MBA graduates are particularly in demand in the fields of consulting, IT and finance. Especially Venture capital and Private equity Companies should be mentioned here because they also pay the highest salaries: Annual incomes of more than 100,000 euros are not uncommon in the venture capital sector.

Acquire an MBA by distance learning: The question of cost

Studying at a private university is not free of charge . The reason is obvious: privately run educational institutions have to manage without state funding. The costs incurred must therefore be covered by tuition fees, but also by other sources of income such as endowment income. State educational institutions do not currently offer any MBA distance learning programs, so there is no getting around the cost structures of private providers.

Anyone wishing to acquire an MBA by distance learning must between 350 and 700 euros per month. The total costs depend on the chosen study model (full-time/part-time) and the number of semesters required to complete the degree. The shortest option (12 or 18 months) is usually the cheapest - but only in terms of total costs. The monthly expenses remain the same until graduation, provided no additional fee-based services are used. Please note that the total costs stated on the university websites refer to a course of study that is completed within the standard period of study.

Obtain an MBA by distance learning: How long does it take to graduate?

MBA programs usually last between 12 and 36 months . One-year intensive courses can only be completed full-time and require a high level of personal commitment. The workload is correspondingly lower for longer courses. Allensbach University offers MBA programs with a duration of between 18 and 24 months. If you are studying alongside your job, a three-year part-time course is an option. If your personal or professional situation requires it, you can extend the individual semesters free of charge. Coursework already completed can be credited under certain circumstances.