The MBA stands for masters' in business administration and is a post graduate degree in business administration. The ranking system comes into play because the MBA is one of the country's highest rated and most popular graduate masters' degree programs. Online MBA rankings refer to the schools that offer the program and, in fact, factor in to establish a ranking system that helps prospective students find the best MBA possibilities in the country. The online MBA rankings hold to a set of criteria that refer to where the schoolprogram is positioned in the overall ranking system.
As more universities start to offer the degree, the differences in the quality of the programs and of faculty at the schools are important in terms of how the graduates are prepared for the real world of business. In addition, the differences in the courses offered needs to be evaluated and compared to other programs, to determine the ranking of the program. Online MBA rankings are available on several web sites to help the prospective students come up with a way to rate and discover the ranking of the schools they may consider attending.
Determining the MBA Rankings
As MBA programs became more prevalent, various publications in newsprint and in magazines began to talk about the differences in the programs. From this, a series of informal rankings began to emerge and people started to rank the programs as a way of comparison. Eventually, periodical publications became popular and these contained the MBA rankings. Online MBA rankings were, of course, the next logical step in distributing these rankings to the public. Several magazines, such as Forbes, dedicate large amounts of issues to the MBA rankings each year.
Online MBA rankings follow a set of criteria that are determined by the study committee. The committee for studying the rankings comes up with a set of criteria based on the actual course itself, on the faculty, and on the location of the MBA course. From there, the ranking is set up and the schools are compared based on the online MBA rankings. They are then listed in order from best to worst and distributed with details attached to each listing. From this organization of information, ing your online MBA program becomes a simpler task.
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