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Introduction to an Online Education in Business

By Doug Schmitt, BusinessSchools.com Contributing Writer

For some, a traditional education may not be an option, due either to high tuition rates or schedule conflicts. Online education, on the other hand, has lower costs and flexible schedules, and other advantages including:

• Studies and classes that can be done from home, on your own schedule, and at your own pace.
• Custom-tailored programs to accommodate individual educational needs.
• Accelerated programs that allow studies to be completed in half the time than that of a traditional education.
• Interaction with others from around the country and the world.
• Archived training materials, class chat discussion, and class documents that can be accessed at any time.
• Higher acceptance rates.

Determined by the school and program you choose, you could pursue a Certificate, an Associate Degree, a Bachelor's Degree, a Master's Degree, or even a PhD related to your concentration. And all online.

Schools Offering Online Business Programs

Accreditation varies among online business schools. Not all schools are accredited. However, there are more accredited online schools and online business degree programs available today, giving working adults an opportunity to pursue a business degree at a pace of their own.

Some examples of institutions offering online business classes are:

• Colorado Technical University
• DeVry University
• Kaplan University
• Strayer University
• University of Phoenix 

Funding for Online Business Education

To most students, being able to afford an education is a prominent issue. A business education online is usually less expensive than a traditional education. However, it can still be expensive.

Financial aid is available for online educaiton, just as with a traditional education. Tuition assistance is offered by many of the schools, and the government offers aid via grants and loans.

In addition, a variety of business scholarships are available, including from the:

• Business Professionals of America Scholarships
• National Society of Accountants Scholarships
• Educational Foundation for Women in Accounting Scholarships

Summary

A growing demand for business professionals of all types, along with a variety of educational options makes an online business education a practical solution to your education needs.