What is an “older” student? Well, it’s all relative. For a traditional, on campus MBA program student, anyone over 40 years old would probably be considered an older student. However, in recent times there has been a development in MBA education that has pushed the envelope of the age of the students. This development are two newer avenues of getting a MBA. One is the ever growing field of online higher education. The second is a newer type of MBA program, known as an Executive MBA (EMBA).
Both of these new avenues have made it more accessible and comfortable for older students – even in their 60’s – to pursue and earn a MBA degree.
What is an “older student? Well, it’s all relative. For a traditional, on campus MBA program student, anyone over 40 years old would probably be considered an older student. However, in recent times there has been a development in MBA education that has pushed the envelope on the age of the students. This development are two newer avenues of getting an MBA. One is the ever growing field of online higher education. The second is a newer type of MBA program, known as an Executive MBA (EMBA).
Both of these new avenues have made it more accessible and comfortable for older students – even in their 60’s – to pursue and earn a MBA degree.
Just being older is not a good enough reason to make it wrong. Regardless of your age, enrolling in a MBA degree program is a serious and demanding undertaking. You need to be very committed and disciplined. You should be very self motivated and even passionate about your course work. Having a positive personality and outlook will also be very helpful.
It will also be very helpful if you have a reason or goal in getting the MBA degree. It could be to get a promotion or other career advancement. Perhaps you want to start your own business enterprise and want knowledge and skills to help you succeed. Maybe the degree will serve as a credential for writing, teaching or consulting. Having such a goal will be a big motivating factor.
Your ‘campus’ for getting a MBA can now be your home or office, thanks to the advent of online higher education. All you need is a working computer, an internet connection and hopefully a conducive place to study. Online education makes available to you a huge amount of programs and schools to choose from, regardless of your physical location. Also, in most cases, you get to study and even take exams on your schedule and convenience. Many of these programs allow you to interface with your instructors and other students via the internet – which allows for a more dynamic and on-campus like experience.
EMBAs are a newer and growing avenue for getting a MBA. These programs are usually geared for people who have significant work experience and business achievement. Therefore, many students in these programs are by default so called older students, with many students in their 50’s and 60’s. Some of these programs are available to students with enough business experience even if they don’t have an undergraduate degree. Other will also admit qualifying students without taking a entrance exams such as the GMAT exam. An EMBA is especially useful for the still working student who wants to move up the ladder or broaden their business horizons.
– Ball State University (Indiana), Miller College of Business: Executive MBA Degree Program Online, 100% online learning , 30-33 credits, several areas of concentration offered.
– Florida State University: Online Executive Master of Business Administration, 100% online, 39 credits, offers multiple specializations solely for online students.
– York St. John University (UK), Robert Kennedy College, 100% online, various MBA specialization degrees, open access to those without an undergraduate degree.
– University of New South Wales (UNSW) – Australian Graduate School of Management (AGSM): Executive MBA and specialized MBA programs.
– Melbourne Business School (MBS) – Australia: Executive MBA, Senior Executive MBA and dual degree MBA programs.
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