1st... If you do it dont go to WGU. It took lots of searching but I found an online MBA program from a State University (Texas) that doesnt charge out of state fees. If you are going to commit the time to do it, getting it from a State school will carry with it a bit more gravitas. University of Texas at the Permian Basin may not be the most prestigious of the U of T schools, but when I say I am getting my MBA from U of T I fail to mention which specific school it is
. That being said with no out-of-state tuition fees, and no online fees, the full MBA runs around 10k - 11k (depending on your undergrad and if they will waive the Finance and Accounting classes or not). This is an accelerated program so each class is 8 weeks instead of the normal 17. Part time is 1 class a session (2 in a semester) and full-time is 2 and 4. Three credits per class. Think of it like taking the Session 1/Session 2 classes in a semester if you ever took those half semester classes. The program and staff have been solid so far. I highly recommend it over one of the more traditional "online universities" like WGU, Phoenix, Southern New Hampshire etc. Fair or not, they carry a stigma of being diploma mills. You straight up cannot beat 10k for an MBA from a State University unless its free because your company is paying for it.
link:
MBA Online | UT Permian Basin Online
Part 2: is it worth it? Truth is in business, people worship at the cock of the letters MBA. People who dont have one think it is a magic title that makes you Warren Buffet. People who have one are part of the club and its a really tightly knit club. I equate it to having an Ivy League degree. For the exact same reasons. Ivy graduates are a tight club. From my perspective, I would hire you with a Stats degree over an MBA but thats because I worship at the altar of math. I know that someone who can learn math and stats can be taught anything because they aren't a functional moron. I hired my current bookkeeper over a bunch of applicants with accounting degrees because she has a business econ degree. She can do math.
Personally, I have 30 years in business (25 with a Fortune 100 company) and i will tell you I learned maybe 10-15% new stuff getting my MBA. I will also say I am the exception and not the rule. There is a lot of good info presented in an MBA curriculum. Your personal experience really determine how much you will learn form it. Think of it like this, a BBA teaches you how to run a crew or a department. An MBA teaches you how to run a company. Its a lot of the same undergrad stuff just taught from a much higher level point of view. If you should ever decide to shoot for management or start your own consulting business the MBA after your name will open lots of doors for you. Is it worth 50 or 100k? Fuck no. Is it worth 10k? Definitely. Its all about ROI. My friend is finishing his BBA in Info Systems. He is currently deciding between an MBA or an MIS (Master of Info Systems). If you only intend on staying in the software world and aspire to nothing higher than being a CIO or CSO, then the MIS might be a better fit. My opinion there goes back to the letters. People worship the MBA. They dont worship the MIS. The MBA will help you if you ever branch out of software and at the same time will help you climb the software geek corporate ladder.
Class example: Our business law class didn't really deal with the law at all. It dealt with creating a start-up company from scratch from the legal point of view. How to file articles of incorporation with the state, how to set up tax status with the IRS, how to issue shares to the founders, how to get funding and make a pitch deck, how to go public etc. I had already done this twice in life already but had I not it would have been an amazing class. It would have saved me time and mistakes my first time setting up an LLC and writing up a business plan for the bank. I really enjoyed this class.
Hope this helps.