Here's a breakdown:
Factors that matter to good companies:
* Accreditation: Accreditation from a reputable regional accrediting agency is crucial. National accreditation is often less valued. A company will likely check the accreditation status before considering an applicant.
* Reputation of the Institution: Even with accreditation, the overall reputation of the college matters. A degree from a well-known and respected university, even online, carries more weight than one from a lesser-known institution, even if both are accredited.
* Relevance of the Degree: The degree must be relevant to the job applied for. An online MBA from a top university will be highly valued for a business-related role, but an online degree in a completely unrelated field won't carry the same weight.
* Coursework and Skills: Companies look at the specific coursework and the skills demonstrated in the degree program. A strong academic record and evidence of practical skills, such as through projects or internships, are valuable regardless of the delivery method (online or in-person).
* Overall Application: The degree is just one part of the application. Experience, skills, recommendations, and performance in interviews all contribute to the hiring decision.
Factors that might lead to skepticism (even with accreditation):
* "Diploma Mills": Companies are aware of unaccredited or low-quality institutions that offer degrees with little substance. A thorough check of the institution's accreditation is essential.
* Lack of Practical Experience: An online degree alone might not be sufficient if the applicant lacks relevant work experience.
* Concerns about Rigor: Some employers might (erroneously) harbor preconceived notions that online learning is less rigorous than in-person learning. However, this bias is becoming less prevalent as online learning improves and gains wider acceptance.
In conclusion, a well-regarded online degree from a regionally accredited institution will be taken seriously by most good companies. The focus is on the quality of the education, the relevance to the job, and the applicant's overall qualifications, not the delivery method. However, applicants should be prepared to address any concerns about the online format if they arise during the interview process.