January 17th, 2011
Working professionals may want to expand upon their postsecondary education, but lack the time to attend campus-based classes. Online colleges are providing more opportunities for individuals to earn higher degrees while working full-time jobs.
Recently, Babson College announced that it expects its accelerated MBA hybrid program to expand into San Francisco by next spring. It was originally created to accommodate the growing number of working professionals who wish to build a stronger foundation in entrepreneurship and business. Now, more individuals are expected to enroll in the program, which incorporates both campus-based and online classes in an effort to cater to students' busy schedules.
"I wanted a mid-career program that was academically sophisticated, but also practical and grounded in the real world – and Babson has a prestigious program that offers just that," said Howard Simon, senior vice president of human resources and corporate services at InterMune, Inc. "Silicon Valley is the central hub of American innovation and entrepreneurship, so it's no surprise the Babson program is growing so quickly here."
Currently, 25 percent of students are taking take at least some college courses online in the U.S., which is up from one in 10 in 2002, according to Reuters.