Is the MBA the old Bachelor’s Degree?
After hoards of people rushed back to school following the dotcom bust in 2001, the preponderance for advanced MBA’s and Master’s Degree holders is much more crowded in the job market.
Many people regularly comment about the changing level of importance of a Bachelor’s degree, saying that the Bachelor’s is somewhat like the High School diploma used to be. This is unfair, but the reality is that thirty years ago the middle class was often times populated by people with High School diplomas that were making good wages. These days its much harder to make ‘good wages’ without a Bachelor’s degree and with the swarms of people that have gone on to get a Master’s degree of one form or another we have to wonder when the Master’s will become one of the defining characteristics of the middle class.
For that matter, a PhD has long been viewed as something for academia without much place in business, but more people are creeping into the business world with doctorate work completed. Ties to a university or program can even be a positive hiring point for candidates. Smart companies are looking for the best and the brightest and as this logic goes why stop at a Master’s.
Many people now the ropes of education fairly well by the time they complete a master’s program. A bachelor’s indoctrinates a person to what it takes to complete college work and a master’s teaches a person how to research and teach themselves with heavy guidance. It can also start to guide them in teaching others as well. A doctorate helps to cement the research and teaching skills and requires a degree of knowledge in a specific area that is demonstrable.
The point is that after a person has learned ‘how to learn’ an online program can become more feasible. Candidates might consider distance learning phd as a means to complete their research or mastery of an area without having to put on a corduroy jacket and take up an office in the local university.
Many people have already learned how to complete a Master’s program online and by extension might look to use the same skills that allowed them to achieve success as they review their doctorate options. Finally, pursuing a doctorate online can allow candidates to work and research and learn from programs and professors anywhere in the world. This becomes an excellent opportunity for someone to specialize in a discipline and connect with the small population of people that have specialized in the same discipline even if they are thousands of miles and a dozen time zones away.
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