An online (distance learning) program offers a greater degree of flexibility than traditional courses. Most distance learning programs allow you to review materials at your own pace and on your own time, as long as you complete all the work by an assigned due date. The technology used for distance learning programs is quite advanced, so a lot of the interactivity of in-person instruction is maintained during online classes. You will likely be required to participate in class discussions via chats, message boards and other social media platforms, but the time requirements of your participation will be very flexible. Most distance learning programs aim to allow students to have a well-rounded experience, not lacking any of the social components that traditional programs offer. Thus, you will likely have options to view lectures on video, or download them as podcasts -- and listen to them on your own time, but keeping in pace with the syllabus.
While many distance learning MBA programs can be as expensive as traditional programs, the online path to an MBA is generally more affordable. Furthermore, there are hidden costs associated with attending classes in person, which are not usually present if you take your MBA online. For example, traditional MBA programs almost always require you to purchase a laptop to bring to class, while those studying online can use a desktop computer, which is significantly cheaper. Distance learning also eliminates the cost of traveling to and from campus, as well as a variety of other peripheral expenses that students incur when they attend an in-person MBA program.
Professors in traditional MBA programs are typically less available than those teaching classes online. There is a higher degree of availability for online instructors, because students are expected to be studying and reviewing material at any time of the day. Thus, distance learning professors are usually much more responsive to emails, since they are required to always be available for their students. This is in contrast with traditional professors, who work standard hours and have research commitments that often make them available to students only during specific office hours.
The accrediting body for schools of business is the Association to Advance Collegiate Schools of Business (AACSB). When selecting a program, it is better to pick one that has been accredited by this body, since it will guarantee that the school meets a certain minimum degree of standards. According to the AACSB website, accreditation "assures quality and promotes excellence and continuous improvement in undergraduate and graduate education for business administration and accounting."
Completing an online program may be just as challenging as completing a program consisting entirely of in-classroom requirements. Therefore, research the time commitment that the program you choose demands, and assess your own ability to attend online lectures, complete assignments and study the required readings. Furthermore, even distance learning programs might have an in-person component, particularly since certain types of engineering requires some degree of hands-on experience. Therefore, be sure to clarify the amount of time that you will be required to spend in an in-person lab, and the location and time flexibility of that arrangement.