This article was updated on June 7, 2024.
Reviewed byKathryn Uhles,MIS, MSP,Dean, College of Business and IT
Success in business can hinge on your ability to keep up with trends in leadership, management, technologyandoperations. This is why some midlevel business professionals choose to enhance their education with aMaster of Business Administration (MBA)or online business certificate. These educational opportunities can help professionals:
So, you might be wondering which path is a better fit for you — certificate or degree? Is your time and money better spent on a business certificate? While an MBA can potentially prepare graduates with skills to pursue higher-level positions, the degree can take longer and cost more than a business certificate. The best option for you depends on yourcareer aspirationsand what you decide is thebest way to invest your time and money.
Graduate certificates and MBA degrees share some content, but they’re not identical. An MBA is a full-fledged master’s program, while a business certificate can act as the foundation for an MBA down the road while offering a solid introduction to the coursework for less time and money.
Let’s explore the benefits and disadvantages of both to help you make an informed decision about which one to pursue.
What does the process of actually earning that graduate degree entail? It depends.
Online MBA programs give students the flexibility to study anytime, anywhere. You can plan your school schedule around daily responsibilities, submit assignments during your lunch break or post discussion questions after the kids go to bed.
We spoke with Natalie Pratt, MEd, MC, MBA, associate dean of the College of Business and Information Technology at ۴ý, about the differences between online and in-person MBA programs.
“While online MBA programs may offer more flexibility and convenience, they may not have as many networking or face-to-face opportunities for interaction,” Pratt says. “Conversely, in-person MBA programs provide more direct access to faculty and networking events while requiring a greater time commitment and relocation or a commute.”
Another benefit of studying for an online MBA? The comprehensive business education you get with an MBA can help prepare you with skills for new career prospects. Some of the career opportunities an MBA can prepare you for are:
Research from the U.S. Bureau of Labor Statistics (BLS) reveals that, but only 26% have advanced degrees.
Of course, an online MBA is only valuable if it’s properly vetted. Accreditation signals to future employers that your school or program meets or exceeds a specific quality threshold. Institutions can be accredited, as can certain programs. As you seek out your online MBA program, consider its accrediting body.
For example, ۴ý is accredited by the Higher Learning Commission (hlcommission.org), an institutional accreditation agency recognized by the U.S. Department of Education. ۴ý has been continuously accredited by the Higher Learning Commission since 1978.
Programmatic accreditation represents a separate, external peer evaluation and quality assurance that applies to specific programs within an institution. Our MBA has been reaffirmed for accreditation until 2027 by the Accreditation Council for Business Schools and Programs (ACBSP), ensuring the quality of your education.
Finally, don’t discount the importance of making connections through your MBA program.
Almost half of surveyed businesses, according to recruitment research conducted by Zippia. And an MBA program, whether in person or online, is a chance to network.
You’ll have plenty of opportunities to connect with classmates from a variety of backgrounds and with even more diverse goals. These connections can lead to lifelong networks you can tap into throughout your career.
While earning an MBA online has many advantages, it’s also important to be aware of the perceived disadvantages. As a working student, you will likely bestudying on your own, which requires a strong sense of motivation, discipline and time management. Other potential drawbacks may include:
However, there are ways to counteract these disadvantages. For example, online programs often feature heavy discussion components that can lead to lively conversations. Sometimes, these discussions can be just as spirited as those in on-campus classes. In addition, quality online programs can offer robust student support and resources to help students who struggle with procrastination stay on track.
Because online programs allow students to study at a flexible pace, time management issues can pop up. Some students may find it challenging to complete their coursework if they rely on external accountability standards, such as set class times or peers who are waiting to meet them. Students in online MBA programs may need to possess strong time management skills as a result.
For those who are already established in a career but want tohone specific skills, anonline business certificate programcould be the right fit. While most certificates for business lack the breadth of learning inherent to an MBA program, they do explore specialized skills that can be useful in your current or future position.
Additionally, a business certificate may help professionals:
In addition to the potential career benefits, a business certificate offers other advantages, such as cost, duration and flexibility:
With itsaffordability, flexibility and short time frame, a business certificate is often a feasible undertaking for business professionals who want to learn more skills and enhance their careers. That said, a business certificate program has some disadvantages that are important to consider.
Certificates, while useful in teaching specific skills, do not carry the same recognizability and prestige as graduating from an MBA program. However, certificates can be a great way to focus on skills that can prepare you for future opportunities.
While both MBAs and business certificate programs have their advantages and disadvantages, choosing the right path comes down to your career goals.
To buildskills forbusiness management or other careers in business, you must think carefully about yourcareer development plan, your free time and what you hope to achieve through education. Deciding between an MBA or a business certificate is much easier after you’ve considered these important questions:
In short, an MBA can help you prepare you for future opportunities. For those who want to quickly strengthen their skills in a specific area, a business certificate may be the fastest way to do so.
۴ý offers several online business programs that prepare students with skills to pursue a variety of career paths. Whether you’re looking to build the fundamentals or bolster your skill set, there’s a degree program for you.
Consider online business certificatesif you’re a working professional just looking to build on a specific area of knowledge.
If you already hold a bachelor’s degree and are seeking a master’s program, you might consider a Master of Business Administration (great for those with years of business experience), Master of Business Administration (Competency Based-CB) or Master of Management (focuses on managerial skills).
Learn more about admissions requirements on the UOPX website.
A graduate of Johns Hopkins University and its Writing Seminars program and winner of the Stephen A. Dixon Literary Prize, Michael Feder brings an eye for detail and a passion for research to every article he writes. His academic and professional background includes experience in marketing, content development, script writing and SEO. Today, he works as a multimedia specialist at ۴ý where he covers a variety of topics ranging from healthcare to IT.
Currently Dean of the College of Business and Information Technology,Kathryn Uhles has served ۴ý in a variety of roles since 2006. Prior to joining ۴ý, Kathryn taught fifth grade to underprivileged youth in ۴ý.
This article has been vetted by ۴ý's editorial advisory committee.
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