Hello,
I am a 40 year old mom of three kids. I work full time and have a great job. I don’t plan on being a CFO or CEO of a company. I just want to maintain where I am at in the job market. I have my bachelors in Finance and Graduate Certificate in Accounting. I want to pursue my MBA in the fall. My company will pay $5k toward it per year. I can go to an online school, St. Joseph’s college of Maine that is Regionally/Nationally Accredited. But not AACSB. I can’t afford to go to my school of Choice, Suffolk University (that is where I got my graduate certificate) because they are so expensive and my company only pays a small portion. I would only be able to take two classes a year and it would take me 5 – 6 years to complete. Where as if I do the St. Joseph’s college of Maine, I could finish in three years or so. I don’t want to take out student loans because we are in debt now and have to save for retirement and my children’s college fund. What do you think? Is it worth it to go to the lesser accredited school?
Hi, thanks for the answer. But it does not lack full accredidation, it just does not have the AACSB accredidation, which only 30% of business schools have anyway, whether it is not on-line or not. It is regionally/nationally accredited which is only what my bachelors degree was.
Well, I wouldn’t, but in your situation, and given that you simply want to maintain your professional level, it might be an acceptable decision.
I suppose, however, that I don’t really see the point of getting an MBA if all you want to do is “maintain.” If you’re going to put 3 or more years into earning another degree, the point should be to improve your job prospects. So, you might ask yourself whether it’s worth doing this at all, and if your hope really is to do better professionally, then taking out the loans for Suffolk might be a better choice than getting a possibly non-helpful online degree from a school that lacks full accreditation.