Going Back to School: Benefits of Online Courses for Entrepreneurs

In recent years, more and more business owners and entrepreneurs have gone back to school to pursue a higher degree. Some of them seek an online business administration degree, while others pursue master’s degrees in various fields. The presence of online programs is one of the many reasons why entrepreneurs are going back to school. There are also a lot of added benefits to be gained from available online courses.

It’s Easier Than Ever

There is no reason why you can’t find an online course that suits you perfectly and start pursuing a degree today. Top names such as Arizona State University are opening up their distance learning programs and offering accredited degrees to more students.

Unlike offline courses, where you have to attend classes and allocate so much time for course-related activities, online courses are far more flexible. You can study at your own time. You can even allocate as little as an hour every day for studying without having to stretch the course beyond its normal curriculum.

There are also accelerated programs designed specifically for entrepreneurs, professionals and business owners. Through these accelerated programs, you can get a degree of your choice in as little as 12 months.

Back to Basics

While experience and analysis are key skills every entrepreneur should have – and should sharpen continually – there are basic theories and business-related skills that are best learnt through formal channels. This is where an online bachelor’s in business program comes in handy. By going back to school, you can master all of the necessary basics and be an even better entrepreneur.

Skills such as accounting and financial management, for instance, are best acquired in class. The online business programs available today connect you to the best lecturers who are not only skilled, but who are also experienced in handling real businesses and a wide range of scenarios.

You can learn first-hand, practical skills while mastering the basics and theories from the course by asking questions and connecting with the lecturers directly. You can even expand your network and have industry experts just one email away.

A Better Core

According to a survey by The Huffington Post, more than 80% of today’s best startups have at least one founding member with a business degree. As you learn more about the basics of business and management, connect with the best lecturers and expand your network, you will also be finding new ways to shape your company or your business better.

Mike Campbell, CEO of Iron Lot, once said that going back to school also presented an opportunity for him to rebuild his company. If your business is facing difficulties that you just can’t solve or you’re in the process of building a new business, strengthening your core knowledge of the industry and preparing yourself for the challenges to come will certainly increase your chances of success.

There are still so much to be gained from going back to school, even when you have multiple businesses already off the ground. The presence of distance learning courses and online business programs simply make the process much easier.