Things Are Looking Up for Online MBA Degrees

For some of you, the only way you can squeeze in getting an MBA degree is online. Up to now, you might have worried about how marketable that credential obtained online would be. After all, recruiters seem to favor MBA graduates from well-known schools who did the degree in the flesh. Well, there's good news.

The respected University of North Carolina's Kenan-Flagler School of Business made the decision to create an online MBA program this year, reports Fortune. This model will be closely watched by other MBA programs. If it succeeds, including the graduates receiving good job offers, then other prestigious schools might also launch online programs.

The timing is excellent again for getting the MBA. Unlike the previous two years, MBA graduates are encountering a strong market in which a growing organizations have increased how many MBAs they're recruiting. Among those doing the most hiring are banks, management consulting firms, hedge funds, private equity, and venture capital. Boston Consulting Group plans to boost hiring from the Class of 2011 about 18 percent over last year. `