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Why Get an MBA Online? Here's How I Decided... | My Online MBA Experience [ PART #1 ]

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Looking to pursue an MBA, either full-time on campus or online? In either case, in part 1 of my multi-part series about my online MBA experience, I walk you through EXACTLY why I decided to pursue my degree online, and why I chose the iMBA program at the University of Illinois at Urbana Champaign.
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HELPFUL RESOURCES:
- The Online MBA Experience [ Part 2 ]: • Applying to an Online ...
- Product Manager Role EXPLAINED!: • Product Manager Roles ...
- Top 3 Online Learning Platforms: • Top 3 Best Sites for O...
- Article: therichardwall...
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17 авг 2024

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Комментарии : 138

@RichardWalls 4 года назад

🙌🙌🙌 QUESTION === What questions do you have about online MBAs? In my follow up videos, what kind of content would you like to hear more about related to my experience with the program?

@harshilsaxenaa 4 года назад

How was the experience getting in...? Was it tough to get admission or what process did you went through to get in ...

@RichardWalls 4 года назад

@@harshilsaxenaa Admissions process wasn't too bad - that'll likely be my next video. Short of it is, it's like applying to another job. If you have a good work experience, did well in previous education, and all that demonstrates that you would do well in this program, then you've got a good chance of getting in. No GMAT required, which was a major plus! The programs attract people that have had a good amount of time in their careers, so at that point, a GMAT isn't necessary. If you're still early in your career, and you can take the GMAT and do well, then that could make up for lack of work experience.

@Robinkoshymathew 4 года назад

Hi Richard I have 10 yrs of facade industry experience. I was planning to get an online MBA from Manchester Metropolitan University. This is a triple accredited program. How would you review this course. Thanks

@RichardWalls 4 года назад

@@Robinkoshymathew I have a very good impression of it - it's an established university in a global business hub with a strong alumni network. Also great that it is only £11,988 for the program, if I'm reading correctly. That figure might fluctuate or be different if some of their marketing material is outdated. I would apply if you are interested, but I'd make sure to ask about what opportunities they offer in terms of networking with other students or career placement (if you're looking to make a move). Coursework itself seems pretty standard - nothing stands out as unique really, apart from courses on "financial technologies". Nonetheless, it's a great value.

@Robinkoshymathew 4 года назад

@@RichardWalls Thanks a lot Richard for your Reply. It means a lot. I did accept the offer. Thanks Again.

@AsrifYusoff 3 года назад

Thank you, Richard for sharing your experience. I did the Global MBA programme at Imperial College back in 2015 - and it was a life-changing experience. Today, five years on I am in my 3rd part-time graduate programme - and documenting my experience on RU-vid inspired by people like yourself. Thank you and good luck!

@RichardWalls 3 года назад

That's fantastic! Thank you for sharing, Asrif. Imperial College is a really great choice!

@bertgardner6570 2 года назад

Great series. I've decided to do the program offered by Northern Kentucky University. I'm in Ohio so it's a regionally recognized school, AACSB accredited, offered the concentration I want, and is only $15k.

@RichardWalls 2 года назад

Thanks Bert! Great to hear it - looks like a good option. Best of luck!

@AmanBansil 4 года назад

I got a traditional MBA. It’s a nice badge on my resume but it didn’t really help me too much. It does help in applying as it’s like a checkmark during job applications.

@RichardWalls 4 года назад

Yep - MBA required can show up, and MBA "preferred" is very common in job postings.

@evalee7853 3 года назад

You just got another subscriber. I had enrolled with Milpark education but I had difficulties with their student portal as I'm in China so now I'm considering another university. After watching your videos I just realized that I cannot give up now. Thank you so much Richard

@RichardWalls 3 года назад

Glad you found this helpful! Thanks for the comment Eva!

@mkadi70 Год назад

my wife started her (online) MBA with Harriot Watt. Halfway through she felt she wasnt benefiting, She dropped out and now she joined UIUC iMBA starting from scratch...I dont think she regrets that decision

@bronsondiamond2025 3 года назад

wow man, precisely the video and information I was looking for ahahaa. I love learning from peoples mistakes and trials so that I may not have to undergo such dread if I just read books and applied the information directly in person with people who can get me to C-Suite, I'm already half way there just being ambitious :)

@RichardWalls 3 года назад

Thanks, Bronson! Glad it was helpful!

@lynzemarimba2725 4 года назад

Hi, great video, ive enrolled for the online MBA through Middlesex university in UK, I'm looking forward for you to make a video talking about how your online learning experience has been, logging in, submission of assignments, online group work, study materials, access to learning materials etc..

@RichardWalls 4 года назад

Thanks Lynze! Will certainly be covering those topics. Good luck with your MBA!

@mkadi70 Год назад

@lynze do you actually have zoom classes where you attend and interact with the professors and TA in a lecture setting / and or office hours where you have points of clarifications?

@AwsAlshamsan Год назад

I went through the same systematic process Richard had been through. I was looking for a reputable program that offers flexibility, affordability, and robustness. May be an additional factor I have considered is that the program has been designed originally as an online program. Because I decided to look for a program in late 2020, I found out that a great deal of programs have switched to online platforms as a result of the pandemic. This created a significant noise, so to speak, in my online MBA programs research pool. UIUC iMBA is an online program by design. This was also another plus in addition to the other features Richard has mentioned in the video. I’ve just completed the program, and if time goes back, I would have done it again.

@bunasalem5217 10 месяцев назад

Did you consider uk universities ? Like Birmingham ? + did you go the on campus graduation ceremony? How’s your experience, and is it a degree or a diploma?😊

@mkadi70 Год назад

I Richard, thank you for your support when I first joined the program. It has been a great experience, and I will miss the journey once it is over. I do share the same reasons why I applied and why I am satisfied

@RichardWalls Год назад

Hi Munir - that's fantastic to hear! Best of luck as you finish out the program!

@AdrianBears 4 года назад

Very nice video. Loving it. I'll be checking all of these out.

@RichardWalls 4 года назад

Thanks Adrian!

@patrickm1533 3 месяца назад

Wow, was looking at a night class MBA and one class for one quarter was $8k. $22k total is tough to beat.

@BusinessBasics 4 года назад

Just found your channel! Thanks for sharing. I have a Bachelor in Commerce but the concept of an online MBA was compelling if I didn't pursue teaching. I'll stick around for more videos!

@RichardWalls 4 года назад

Sounds good - thank you for the support! Let me know if there's any subject in particular that you'd like me to cover in a future video.

@user-ee7yq6rt9r 5 месяцев назад

I’m considering this program (iMBA). Although, cost of program is increased to $36,000.

@armand531 2 года назад

You look exactly like the UFC fighter Carlos Condit..Great content by the way! Just subbed.

@RichardWalls 2 года назад

Hah - that's funny. I do see the resemblance. 😆 I have a ton of respect for Condit. Was an incredible fighter in such a competitive division. Thanks for being a part of the channel!

@LearningAndGrowingInLife 3 месяца назад

Thanks Richard for sharing your experience. In addition to the MBA, was their any other programs you were considering besides the MBA? Also were there any other online MBA programs were you considering besides the Gies iMBA program?

@jinamz6118 4 года назад

Malaysian audience here.. good content sharing for those who have dilemma in choosing the right mba online course thanks

@RichardWalls 4 года назад

Thanks Amelia - glad it was helpful!

@tundraroadking9919 2 года назад

Thank you so much for your insight! Subscribed to your channel! Have been looking into different online MBA programs. Was just about settled on Youngstown State University until I seen the Illinois program. Obviously University of Illinois-UC has better name recognition, but YSU is still in the Ohio Public State School system and is cheaper. One thing I am unsure of is UIUC requires 72 credits while YSU and many other programs are in the 30 to 36 credit range. Do you have any insight on this?

@RichardWalls 2 года назад

Hi - thanks for being a part of the channel! Although its 72-hours, 95% of the courses are 8 weeks long (so half of a traditional semester).. So you actually spend the same amount of time as 36 credit hour programs.

@QueenD799 3 года назад

Hi Richard, just subscribed to your channel. May i know what degree in you’ have? I’m currently just enrolled to mba online course this year in my country. It’s about 25k. I’m 38 and a mother, and I agree with you online mba is economical. Its never too late to learn, i looked 10years younger than my age, so does my brain! Looking forward to completing my CFA in 5 years. I can still work for another 20years with very decent salary, why not! Keep up the great content ! 👍🏻

@RichardWalls 3 года назад

Thank you for the support! I have a BBA (Bachelors in Business Administration) in Marketing. Currently working on the MBA through UIUC, as I mention in the video. And agree - always a great time to continue learning and developing. Good luck in your program!! 🙂

@404TRUCKERTV Год назад

You know thats not bad, I mean I googled that school and yep they rank 41 of the top 50 schools. Its not the best but if you think about it Harvard and Yale are in the top 10. To me, that's not too far from 41, it is just a step-down. To be honest, the ranking system is skewed and based on whoever can write the biggest check so I bet UI's MBA is probably just as good when you consider a few factors😆🤣.

@swamytakatpeta5533 4 года назад

Awesome content.. Subscribed :) Can you do a video on how you'd plan to find a new job if you do not wish to advance your career in the company you're currently working at.? I know a lot of folks would be interested to hear that.

@RichardWalls 4 года назад

Hi Swamy! Thanks, glad you like it. And absolutely - it's in my calendar to do a video on that exact subject. There are many students leveraging the MBA for exactly that reason, and good news is, there are alot of ways to make that transition through an online program.

@raidjameel7513 3 года назад

Many thanks 2u Richard. Very informative valuable realistic helpfull video.

@RichardWalls 3 года назад

Glad it could help, Ra'id! Cheers!

@raidjameel7513 3 года назад

@@RichardWalls i wl b back 2u for condultation. I respect ur thoughtful realistic practical views. For now thanks to u again..by ghe wsy, u mentioned ur ptogram was 3years long so did u started the 3rd year, or u r near graduation?

@harshilsaxenaa 4 года назад

This is first and the best video I have been able to find in 3 years about this topic..hahaha

@RichardWalls 4 года назад

Thanks Harshil - glad you liked it!

@ayanaandaahana2949 Год назад

Quality video content highly appreciated

@babyitsAP 2 года назад

Love the content. Puts things into perspective. New subscriber here. Not going to beat around the bush anymore but the hand gestures is a bit distracting. Otherwise keep up the fantastic work!

@RichardWalls 2 года назад

Thanks Alex! Hard to tame the hand gestures; they're out of control sometimes. 😆

@KayCO18 3 года назад

Malaysian here, I just got accepted into online MBA program. I accepted the offer but still in doubt. I hope it will be fine as I can’t afford to quit my job for two years.

@RichardWalls 3 года назад

Congrats on that! Got accepted into UIUC or another online MBA? Should be fine - online MBAs are great options if they come from legitimate, accredited, and established universities. I also didn't want to quit working for two years, so that was the only way.

@KayCO18 3 года назад

@@RichardWalls local public university in Malaysia and it offers great program with wide choice of specialities. Excited yet nervous to start studying again!

@moumitaranasingha3382 3 года назад

Very informative video. Great job! But still i have a question in my mind. Instead of the cost what somebody will miss in online MBA program than full time MBA. The online program cost less, does that mean anything in curriculum or the degree value is less?

@RichardWalls 3 года назад

Hi Moumita - thank you for the comment! Networking is likely going to require alot more effort in an online program, as well as being recruited by companies. To make career moves from an online program will take more work because, simply put, you're not on a campus where companies are sending recruiters out there in person looking for candidates. You have to be more proactive in an online program. Still very much possible though. And from a curriculum standpoint, no, you're not missing anything. Hope that helps!

@sd7635 2 года назад

Hi Richard, Thanks for this informative video. I am having 16 years of It exp and working as Technical Leader. I want to pursue MBA and looking forward convenient options and of course without GMAT. This IL university looks a very nice option. Is there any other colleges I can try which have same kind of reputation and tuition fees. I am currently in US Pennsylvania. Please share if there is any information about it . Thanks Soumya

@waynehill5707 3 года назад

Excellent videos!! I recently graduated from University of Maryland Global Campus with my Finance degree. I will be attending an institution for my MBA; however, I cant decide if I want to attend my alma mater University of Maryland Global Campus. I am also considering attending University of Baltimore or University of Maryland College Park. I am an employee of the University System of Maryland/Morgan State University, so the cost of the degree is not a problem. However, I can't decide which institution to attend based on the program. I have already been accepted into the MBA program at UMGC. I am interested in the University of Baltimore MBA because of the specialization (entrepreneurship and innovation or possible digital business). HELP?

@RichardWalls 3 года назад

Thanks Wayne! Congrats on graduating! I'd recommend getting at least 3-5 years of experience before considering an MBA program, for starters. Would suggest you look at global university rankings, student base (networking opportunities), and specializations offered. Seems like University of Baltimore might be a good option, especially if tuition is low cost or completely paid for. I've got two videos that might be really helpful in deciding: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-mrVbqKbVeH4.html ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-CIdXNW83UZE.html Let me know if those help!

@annabooth2541 3 года назад

Hi Richard, which online mba you would prefer between SSBM and Rushford Business School ( both located in Geneva, Switzerland)? I live in Switzerland. Thank you.

@RichardWalls 3 года назад

Thanks for the connection on LinkedIn, Anna! Responding in here as well for everyone else's benefit; I'd recommend Rushford as that appears to have an ACBSP accreditation which is recognized globally.

@raajchand6964 4 года назад

Hey Richard! I must say this was a *Bang On* video 🙌 to help one who is looking for an Online MBA. I really liked the part of the video where you quoted an example of I-MBA from Illinois on Coursera. Well I have a question: Can you suggest a Good Online MBA program which also offers *Scholarship / Financial Aid* for a good profile candidate ? Appreciate your help. Thank you so much.

@RichardWalls 4 года назад

Hi Raaj, I'd have to dig around for that - generally with lower priced MBAs, they don't offer much in the way of scholarships since the price is already low, but financial aid is always an option at most universities.

@raajchand6964 4 года назад

@@RichardWalls Great. Thank you. God Bless you!

@ramenabraham5499 3 года назад

Hey Richard, I’m a student at UIUC and want to get an mba. I was wondering which one to choose between the imba or the one in person. My only concern is the GMAT. As I am a very terrible at standardize testing that was my only concern. Which one is better in your opinion the in person mba or the imba? Also did you have to take the gmat and are there ways to wave it? I have heard if you have enough job experience or a high gpa you can potentially get it waved. Thank you!!

@RichardWalls 3 года назад

Hi Ramen! UIUC will no longer be offering an in-person MBA program - it will all be entirely online. As far as GMAT, it's not required. I assume you're doing undergrad currently, so I'd first complete that and get 5 or so years of work experience before applying to the iMBA, as work experience is what's going to count more. GMAT is helpful if you have limited work experience to help boost your case for admittance, but absolutely not a requirement. Good luck!

@slimeball5569 Год назад

So is Phoenix University not accredited and a waste of time? Would love to know the truth now rather than later

@salehalnamlah1582 3 года назад

Hi Richard , great video which really help ... you mentioned that the program was branded as iMBA , so is is mentioned on the certificate? Or it mentioned only MBA from the university of Illinois? Thanks

@kotwater 3 года назад

Nope. No difference with offline traditional mba course . It doesnt diffreciate any

@salehalnamlah1582 3 года назад

@@kotwater thank you

@RichardWalls 3 года назад

Hi Saleh - Correct - only says MBA.

@salehalnamlah1582 3 года назад

@@RichardWalls thank you Sir

@mochammadrasyid8868 Год назад

Hi there im new to the channel, great sharing video. This in include the specialization from coursera? What if i do more specialization, it is transfered to my credit also?

@alexaq5391 6 месяцев назад

Is it better than the Mba of University of Boston?

@hardikaggarwal1142 2 года назад

Hi Richard can you please tell me which University is best for do online MBA and from which University you do your online MBA

@RichardWalls 2 года назад

Hi Hardik - I've got another video on top online MBAs. I do mine at the University of Illinois at Urbana-Champaign.

@akashrandive3275 3 года назад

Hey manh.. great info!! But is it useful for other countries graduate?? Like Indian... because for us this amount is also huge ..(due to currency valuation)

@RichardWalls 3 года назад

Thanks Akash! Yes, certainly useful. In my program, about 20% are international students. giesbusiness.illinois.edu/imba-facts It's particularly helpful if you're looking to move to the US, having a US MBA carries a bit more weight, unless it's some other global top MBA program.

@samielkurdi1789 2 года назад

Hey ! I’ve decided to start an online MBA at HULT witch is a triple accredited school. Do you have some info on the program ?

@RichardWalls 2 года назад

Hi Sami - I have heard of it, but not a ton of info off the top of my head. Solid school though!

@gsnanar9780 4 года назад

Hi Richard- I am looking at UTPB online MBA (University of Texas Permian Basin), LSUS (Louisiana State University Shreveport) online MBA, GSW (Georgia Southwestern State University) online MBA, and OSU (Oklahoma State University) Online MBA. All of these Universities are Accredited from AACSB I will be graduating from iMSA program at Gies College of Business UIUC, December. So, I will have UIUC name brand with me. I have to spend money out of my pocket, So I am looking at the price tag and accreditation from AACSB. Which one of the above Universities is good and reputable? OSU is expensive as compared to others. which one is better in your opinion, Please give me no, 1, 2, 3 and 4 I am not fro USA.

@RichardWalls 3 года назад

Hi G S Nanar, UTPB and LSUS, though the schools themselves don't necessarily have strong reputations for their MBA programs nationally, both are part of well-recognized school systems, both appear to have a strong curriculum, I'm sure the faculty is good, and the price point is excellent. Can't find much on GSW - the info they provide is very limited, and OSU is also another well-known name in the mid-west, but more expensive as you said. As far as ranking them, it depends on your goals. LSUS has a wide variety of electives to choose from in different fields, so that might be interesting depending on where you want to take your career. 1. UTPB / LSUS tied (best options) 2. OSU (second best - given the price point) 3. GSW (little info available on website about curriculum - name isn't well recognized)

@gsnanar9780 3 года назад

@@RichardWalls Hi Richard. I am sorry, i am asking you for on more institution Emporia State University, Kansas Online MBA. How it compares with LSUS and UTPB

@kcheznyc 3 года назад

@@gsnanar9780 Go with LSUS

@novadhd 3 года назад

I have been debating this topic for a while. I heard that part of the MBA experience is the networking aspect. Is this something worth forgoing to save money?

@RichardWalls 3 года назад

Yes, networking is a big part of the MBA experience and its generally easier to do in on-campus programs. Depends on your goals if its worth forgoing, because you do save a ton of money. That said, I've actually found the networking in online MBAs to be fantastic - have had many meet ups with local students in the program, and there are many other opportunities to get together. You just need to be a bit more proactive about it since students are meeting in classes.

@landonweaver8333 3 года назад

If my undergrad wasn’t in a business field do you think an MBA is possible or will I have too much I need to learn before those classes make sense?

@RichardWalls 3 года назад

Hi Landon - you should be fine. I wouldn't worry much. You can also go on Coursera.org and explore some business courses if you want to get ahead and become familiar w/ some of the material.

@sd7635 2 года назад

Hi Richard , thanks for very informative video. Is the any other university or colleges at same cost and the reputation. I have 16 years exp in IT and working as Technical Lead and looking for online MBA to enhance my professional career and in bigger roles. I am in US since 5 years and staying in Harrisburg.PENNSYLVANIA. Please suggest.

@RichardWalls 2 года назад

Hi S D - I've got another video on top 5 online MBA programs you could check out here: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-VCmIkNAmxk8.html

@chimatasie7854 3 года назад

I just want to be a college lecturer. Do you think an MBA is for me?

@RichardWalls 3 года назад

Hi Chima - depends what you want to lecture on. MBA can help, if you plan to lecture on a topic related to business. Also depends at what level in a college or university you want to lecture. Uni may more often require a PhD, or perhaps many years of work experience.

@akbarbahrami985 4 года назад

- Richard! Thank you for your useful videos. 1. When you were searching for a MBA program, I wonder if you considered Penn State program among for example 10 possible good programs? Now, you have good idea about online MBAs, how you compare that with the iMBA in quality? I mean if its higher price (~70k vs 22k worths it). 2. Comparing the time we spend on Coursera for a course (for example say 50 h), how much is needed for the course part offered in the university website? 3. how you compare iMBA with other good ones regarding networking capacity? 4. Now, how do you compare that with the Boston University online MBA (~ 24k offered on the edx)? Thank you so much in advance...

@RichardWalls 4 года назад

Hi Akbar, 1. Took a look at Penn State, and I see the program pop up from time to time in discussion, but the price point wasn't good for me. Also hard to say how online MBA experiences differ since I've only been in this one, but given how good my experience is so far, I can't imagine that other programs that charge 3-5x would offer that much more. 2. Really depends on the class, but on average it's about 10 hrs/week total for everything - you'll spend majority of the time on the non-coursera work. 3. Similar answer as 1st question. 4. Boston University looks very interesting and should be competitive. I'd certainly consider that one for anyone looking for an online MBA

@akbarbahrami985 4 года назад

@@RichardWalls Thank you so much.

@jamesdowning6238 Год назад

Hi Richard - Happy to report I was accepted into Gies' imba program. Out of curiosity, how much of the program is individual vs. group work? Any insight would be helpful.

@lopasvlog9142 9 месяцев назад

Please let me know what is your experience so far with the iMBA from Gies

@ayanaandaahana2949 Год назад

Can we get scholarships or financial aid living overseas for i mba ?

@MyMixeDiary 3 года назад

Thanks for sharing this information..really helpful. Just had a query: will this online MBA degree help me if I plan to pursue PHD courses in future.

@RichardWalls 3 года назад

No problem! I would think an MBA would help...I've known some folks that went that path. Obviously depends on what you want your PhD in, but if its business related, MBA is a big plus.

@MyMixeDiary 3 года назад

@@RichardWalls Thanks Richard!

@RichardWalls 3 года назад

@@MyMixeDiary Sure thing! Good luck!

@luisorozco257 4 года назад

Do you have any advice for someone who is about to start the program this fall?

@RichardWalls 4 года назад

Hi Luis, For starters, congrats on getting into the program, and welcome! My main piece of advice is to get on Workplace and interact with other students as much as possible. It is a fantastic resource to introduce yourself, find like-minded people, ask questions, etc. Everyone is incredibly helpful, and it's also used for study groups, which comes in handy for some of the more difficult courses.

@financiallift6185 4 года назад

I actually went to the champagne Urbana campus one time, nice place but got a parking ticket so quick 😠

@RichardWalls 4 года назад

Ouch! Yea, pretty typical for college campuses.

@ellamanimtim866 2 года назад

Can I get a work permit upon completion of iMBA from University of Illinois? I'm currently living in the Philippines but I'm planning to work in US.

@RichardWalls 2 года назад

Not familiar enough with that process to comment - sorry!

@axs1032 3 года назад

Did you need GMAT? If yes, what is cut off score?

@RichardWalls 3 года назад

Did not need a GMAT for my program.

@habibjama9159 Год назад

Was this school Texas A&M Corpus Christi ?

@akbarbahrami985 4 года назад

Great.. liked that

@RichardWalls 4 года назад

Thanks! Glad you liked it!

@laxmansujakhu6191 2 года назад

Do you know any university for online undergraduate program?

@RichardWalls 2 года назад

There are a handful of options - will look into making a video on some options.

@ahmadhama1981 3 года назад

what do you think about Jack Welch Online MBA?

@RichardWalls 3 года назад

I've got a good impression of it. Well ranked online MBA and curriculum looks good to me.

@ahmadhama1981 3 года назад

@@RichardWalls thanks a lot. I enrolled at JWI for the online mba hopefully it will be a good step in my career.

@harshilsaxenaa 4 года назад

I was seriously interested so I was searching for something related to it....In the degree will the IMBA be mentioned? Or is it really like real mba degree a normal student whose is a full time student??

@RichardWalls 4 года назад

Hi Harshil, No, "iMBA" is not mentioned, nor is it mentioned that the degree was earned online. The degree will simply read "MBA".

@RichardWalls 4 года назад

@@harshilsaxenaa When I finish the program, I can certainly share! There are alot of folks getting their degrees around this time, and it all says "Masters in Business Administration".