When comparing graduate degrees, the MBA is considered the best degree for return on investment, according to an analysis in the Wall Street Journal of federal student loan data. While just 6% of law degree programmes had borrowers who were out-earning their degree-related debt two years out, the article found that 98% of MBA programmes leave borrowers with a manageable debt load. When it comes to MBAs, graduates typically make more money two years after graduating than they had borrowed.
MBA Options At The University Of Phoenix
At the University of Phoenix, students have several accredited degree programmes to choose from depending on their existing education and work experience.
The Competency-Based Master of Business Degree (CB-MBA) at the University of Phoenix allows students with a bachelor’s degree in business or management as well as three years of business work experience to obtain their MBA in just 12 months. It’s an ideal option for mid-level professionals looking to enhance their careers, and the online, flexible format means classes can fit into a working adult’s busy life. “Our focus is on the adult working student who has already accumulated on-the-job training and knowledge,” said Kevin Wilhelmsen, Ph.D., dean of the College of Business and Information Technology at the University of Phoenix regarding the CB-MBA. “We want to make it simpler for students to work while pursuing their degree, and this programme allows them to leverage the skills they’ve already acquired and shorten their timeframe spent advancing their degree progress.“
Those who hold a bachelor’s degree in a non-business subject but are interested in pursuing an MBA can apply for the standard online MBA programme, a 16-month programme for students who prefer a traditional group setting and do not have a business background. This MBA is also eligible for transfer credits.
Students in any of the MBA programmes at the University of Phoenix are able to immediately leverage their skills through digital badges earned as part of the course experience. These badges reflect specific sought-after career skills and are issued through Credly, a leading digital credential provider. They reflect top business skills like business administration, business strategies, organisational structure, human resource management, organisational culture, performance management and training and development. When added to resumes and social media profiles, these badges can help job candidates to stand out.
About University Of Phoenix
University of Phoenix is committed to advancing the educational goals of adult and nontraditional learners and to making it easy and affordable for those with or without business experience to complete an MBA programme. The University offers two flexible, online and affordable options: the ASBSP-accredited online Master of Business Administration (MBA) and the competency-based education (CBE) ASBSP-accredited MBA programme. University of Phoenix provides many resources to support the academic and career aspirations of working adults including scholarship opportunities, flexible schedules, online learning, career-guided degree programmes and a Career Services for Life® commitment to active students and graduates to help them more effectively pursue career aspirations while balancing their busy lives.