This article was updated on June 7, 2024.
Written by Michael Feder
Reviewed by Doris SavronÌýMBA,ÌýVice Provost of Colleges, Assessment and Curriculum
Success in business can hinge on the ability to keep up with trends in leadership, management, technologyÌýandÌýoperations. This is why some midlevel business professionals choose to enhance their education with aÌýMaster of Business Administration (MBA degree)Ìýor online graduate business certificate. Let’s explore the benefits and disadvantages of both to help make an informed decision about which one to pursue.
Prospective business students might be wondering which path is a better fit — certificate or degree? Is 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 depends on career aspirationsÌýand what is theÌýbest way to invest time and money.
An MBA degree vs. certificate program curriculum will 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.
These educational opportunities can help professionals who are considering pursuing an MBA degree vs. certificate program:
When students are considering an MBA degree vs. certificate program, they often want to know what the process of actually earning an MBA entails? It depends.
Online MBA programs give students the flexibility to study anytime, anywhere. They can plan school schedules around daily responsibilities, submit assignments during lunch breaks, or post discussion questions after the kids go to bed.
Another benefit of studying for an online MBA is the comprehensive business education in an MBA program that teaches skills for new career prospects. Some of the career opportunities an MBA can prepare you for are:
Of course, an online MBA is only valuable if it’s properly vetted. Accreditation signals to future employers that a school or program meets or exceeds a specific quality threshold. Institutions can be accredited, as can certain programs. when looking for an online MBA program, consider its accrediting body.
Finally, don’t discount the importance of making connections through an MBA program.ÌýAlmost half of surveyed businessesÌý, according to recruitment research conducted by Zippia. And an MBA program, whether in person or online, is a chance to network.
Students 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 to tap into throughout a career.
There are what some consider disadvantages regarding an MBA degree vs. certificate program. While earning an MBA online has many advantages, it’s also important to be aware of the perceived disadvantages. Working students will likely beÌýstudying on theirown, 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.
When deciding between an MBA degree vs. a certificate program, also consider the benefits and disadvantages of earning certificates. For those who are already established in a career but want toÌýhone specific skills, anÌýonline business certificate programÌýcould 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 a 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 itsÌýaffordability, 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 a student's career goals.
To buildÌýskills forÌýbusiness managementÌýor other careers in business, students must think carefully about their career development plan, free time and what they hope to achieve through education. Deciding between an MBA or a business certificate is much easier after considering these important questions:
In short, an MBA can help prepare students 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.
If you've decided between an MBA degree vs. certificate, °®ÎÛ´«Ã½ offers several online business programsÌý, including online business certificates,ÌýÌýa Master of Business Administration, a competency-basedÌýMaster of Business Administration (Competency Based-CB) or Master of Management.
Learn more about UOPXÌýadmissions requirementsÌýor about how to make the MBA vs. graduate certificate choice.
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 °®ÎÛ´«Ã½ where he covers a variety of topics ranging from healthcare to IT.
Devin AndrewsÌýis the vice president of admissions and evaluation at °®ÎÛ´«Ã½. She has experience leading University-wide initiatives related to technology and innovation to improve outcomes for diverse stakeholders, including improving the experience for transfer students and increasing credit for prior learning through improved awareness, experience and cost-savings measures for students. She holds a bachelor’s degree in political science from University of Arizona and a Master of Business Administration and Master of Arts in Education from °®ÎÛ´«Ã½.
This article has been vetted by °®ÎÛ´«Ã½'s editorial advisory committee.Ìý
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