Your Guide to Online Learning Success Contents 3 What Is Online Learning? 7 Pros and Cons of Online Learning 13 Choosing the Right Online Course: Questions to Ask 20 Selecting Your Perfect Course 22 Is an HBS Online Course Right for You? Online certificate programs are effective ways to build and develop vital business skills. Whether preparing for a master of business administration (MBA) program, advancing to a new role, or changing careers, online learning can be a flexible, cost-effective path to reach your goals. As online education’s popularity has skyrocketed, so have its number of options—making choosing the right course both critical and challenging. From foundational basics to advanced deep dives, you can build and hone your skills to become a stronger business professional, wherever you are in your career. If you’re interested in exploring online education but aren’t sure where to start, this guide will help you understand the different course types, compare their pros and cons, and select one that meets your needs and enables you to achieve your career goals. What Is Online Learning? Start with the basics. Here’s an overview online learning and course options. 3 What Is Online Learning? Online learning is the delivery of educational content through digital channels. Beyond replacing in-person learning during the COVID-19 pandemic, it’s gained significant traction as a way to build knowledge and skills with added flexibility. The online learning experience can vary based on a course’s: • Class size • Cost • Length • Instructor credibility • Peer interaction opportunities • Content Upon successful completion, you could earn: • A certificate • A credential • A degree • Academic credit What each means varies depending on program length and content, so prioritize courses that speak to their credentials’ value—regardless of what you receive. What Is Online Learning? What Formats Are Offered? Not all online courses are delivered the same. One consideration is whether you want to learn in real time or on a flexible schedule. Online learning formats include: • Synchronous learning: Real-time interaction between you and your instructors—either in-person or remote. • Asynchronous learning: Access to course materials and assignments at your own pace, typically with assignment deadlines. • Hybrid or blended learning: A mix of synchronous and asynchronous, with flexible and real-time learning experiences. Additionally, the number of fellow learners can impact your experience. For instance, massive open online courses (MOOCs) are free and host a virtually unlimited number of learners, whereas cohort-based courses often feature smaller groups. While MOOCs are appealing in terms of cost and accessibility, they may have less interactivity and lack cohort-based courses’ personalization and social aspects. What Is Online Learning? 5 Who Should Take an Online Course? Online courses boast flexibility and provide educational opportunities to those who typically can’t access them. Online courses are an effective option for: • Working professionals: Level up your skills while working full time. • Global audiences: Gain world-class education without traveling to campus. • Entrepreneurs: Give your venture the greatest chance of success by learning business essentials and startup skills. • Aspiring leaders: Prepare for future leadership roles and bolster your resume for your career’s next phase. Whether balancing a full-time job, undergraduate studies, or caretaking responsibilities, online education provides the flexibility to learn wherever and whenever you can. What Is Online Learning? Pros and Cons of Online Learning While online education has many benefits, it’s not right for everyone. Here are the pros and cons to consider when deciding what’s best for you. Pros: Why Take an Online Course 1. Maintain Work-Life Balance Balancing work, home responsibilities, professional development, social activities, and rest is difficult but critical. A demanding job coupled with caretaking responsibilities and appointments can make it nearly impossible to take classes with set schedules. Many online courses are self-paced with deadlines, enabling you to fit them into your schedule. You could complete lessons in the morning before work or finish them after your children have gone to bed. 2. Learn at Your Speed While in-person courses provide set structures and timelines for learning, online courses boast flexibility. Do you need to re-review the last module? You can. Do you have more time on some nights to complete coursework? You can pace it in a way that’s best for your schedule. 3. Save Money Online courses are often more affordable than in-person ones. Not only are their price tags typically less expensive, but you forgo transportation and lodging costs. Additionally, working full-time while taking an online course provides income to offset the expense. Your employer may even pay for it if you demonstrate how it can improve your work performance. Pros and Cons of Online Learning “My manager recommended I sign up for Leadership Principles. Knowing that I would be soon managing a team, I thought it sounded like an amazing opportunity. I found the content of the course to be extremely informative and applicable to the real challenges of being a leader. I loved the frameworks and case study model, and I thought the course was very manageable on top of a full-time job.” Abby Katz Leadership Principles Participant 8 4. Bolster Your Skills and Resume Online education’s flexibility doesn’t come at the cost of quality. Taking a course can prepare you to advance your career—within your organization or elsewhere. 6. Break Down Geographic Barriers When choosing an online program, you’re not limited by location. You can register from abroad without needing to board a plane. According to a 2022 survey of Harvard Business School Online learners by City Square Associates, 31 percent reported earning a promotion after taking a course. The lack of geographical constraints extends to your peers, too. Online courses offer the opportunity to engage with fellow learners from around the world. Through those interactions, you can gain a global perspective and work collaboratively with people from different backgrounds and cultures. Online courses can also lead to increased responsibility at work, as 53 percent of HBS Online learners reported in a 2021 survey, also conducted by City Square Associates. Investing in your business skills can show your manager you’re serious about leveling up your career and ready to take on new responsibilities. 5. Increase Your Salary or Bonus In addition to providing new skills and career opportunities, taking an online course can increase your earning potential. In the 2022 survey, 42 percent of HBS Online learners said their course helped boost their salary, with an average $17,000 increase. Additionally, 16 percent received a bonus, with an average increase of $14,000. Taking an online course on a topic you want to grow in can demonstrate you’re committed to professional development and gaining the skills to take on more responsibility. Pros and Cons of Online Learning ASPIRATIONAL ADVICE “The programs are rigorous; plan your time well. Some of the questions posed as the course progresses are thought-provoking and require time. Also, read what others have shared and participate. Discussing others’ points of view helps sharpen yours, and you all learn together.” Swaminathan Aiyer Alternative Investments Participant 9 7. Connect with Driven Professionals An often overlooked benefit of online education is that it connects you to other professionals committed to lifelong learning. Building those relationships can provide support, motivation, and inspiration throughout your course. It also offers a network you can use to get advice on business problems, job opportunities, and friendship. COMMUNITY ORGANIZER SPOTLIGHT Patrick Sabineza, who took Entrepreneurship Essentials, is the Community Organizer for the HBS Online Community’s New York City Chapter. “By organizing events, workshops, and other activities, I aim to facilitate connections, inspire innovation, and empower individuals to achieve their goals,” Sabineza says. “Being a Community Organizer is not only fulfilling for me personally, but it also enables me to make a positive impact on the professional lives of others in the New York City area and beyond.” While he’s an Organizer, he also reaps the benefits of the close-knit online network. “The support and encouragement I’ve received from fellow Community members has been invaluable in my personal and professional development,” Sabineza says. “It’s truly a dynamic and inclusive space where lifelong connections are formed. I’m grateful to be part of such a vibrant Community.” Pros and Cons of Online Learning 10 Cons: Common Concerns of Online Learning 1. Limited Faculty Interaction Depending on the online program type, you could have limited, if any, interaction with your instructors. Your peers may fill that void and answer questions, but consider what level of faculty engagement you need to make progress. 2. It Requires Strong Organizational and Time Management Skills Completing an online course requires time management and self-discipline. Because you’re not required to be in class on certain days, it’s your responsibility to set aside time to study and complete assignments. If you’re highly organized and committed to a schedule, you can succeed. 3. Potentially Fewer Networking Opportunities Networking opportunities vary across courses. If the social element is crucial to you, choose a course with a platform built around peer interaction and active participation. Explore affiliated online learning communities and events, too. Pros and Cons of Online Learning BUSINESS INSIGHT 6 Networking Tips for Online Learners 1. Introduce yourself: If your course provides a way to chat with other learners, take advantage of it and introduce yourself. Try to also connect with them via LinkedIn or email and regularly engage in conversation. 2. Use technology: Leverage meeting tools like Zoom, Google Meet, or Skype to facilitate conversations with peers and share real-time feedback. 3. Create value: Share your knowledge with others, and ask how you can support them. This can help establish you as a subject matter expert. 4. Establish and maintain an online presence: Create a LinkedIn profile or website and consistently maintain it. 5. Join relevant online communities: Networking doesn’t only have to happen during your course. For instance, the HBS Online Community has more than 30 Chapters worldwide you can join at any time to connect with like-minded professionals. 6. Follow up with your connections: Connecting is just the first step in the process. Continue interacting with your classmates and instructors after your course ends.to achieve their goals,” Sabineza says. “Being a Community Organizer is not only fulfilling for me personally, but it also enables me to make a positive impact on the professional lives of others in the New York City area and beyond.” 11 4. You Might Need to Fight Against Misconceptions Although online learning’s popularity is growing, lingering skepticism still exists. However, that’s changing. In a survey of executives, 83 percent said an online degree is just as credible as one earned through a traditional campus-based program. According to employers, if it was from a reputable institution with high-quality learners, it was more credible. You must advocate for the skills and expertise you’ve gained from your online course and how they’ve impacted your work. It’s up to you to weigh online learning’s pros and cons. If you’re interested in taking an online course, continue to the next section to find the right fit for you. Pros and Cons of Online Learning 12 Choosing the Right Online Course: Questions to Ask If you’ve decided to pursue online learning, the next step is choosing a course. Follow along by writing your answers to the following questions. 1. What Are My Professional Goals? Start by listing your professional goals. It helps to craft statements about where you are in your career and what you hope to gain. Professional Goals For instance: • I’m an entry-level engineer and aspire to manage a team. • I’m a seasoned manager and want to improve my ability to execute strategy. • I have an innovative idea and want to build a viable, valuable startup. • I’m a new leader and want to understand how to use financial information. • I’m a prospective MBA student and want to position myself to succeed. • I’m an organizational leader and want my business to positively impact society. You can list as many goal statements as you like, but choose one to focus on for this exercise. Choosing the Right Online Course: Questions to Ask 14 2. What Skills Do I Need to Reach My Goal? Next, consider your skills. Which do you already possess that will help you achieve your goal? Which do you lack or need to strengthen? For instance, if your goal statement is “I’m a new leader and want to understand how to leverage financial information,” you may list the following: Existing skills: Skills to gain or strengthen: • I have some knowledge of financial statements. • I don’t have a strong understanding of how capital markets work and impact my organization. • I occasionally create budgets for my team. • I’m familiar with how to pitch a project based on the value it could bring to my organization. • I want to learn how to apply financial concepts to my daily work. • I’m not sure how to use financial statements to inform leadership decisions. Through this process, you might discover that you aren’t sure what skills you need to reach your goals—that’s OK. If you want a promotion, have a conversation with your manager about what skills would benefit you. You can also review the competencies listed in postings for jobs like your desired role. Keep this in mind when searching for courses. Existing Skills Choosing the Right Online Course: Questions to Ask Skills to Gain or Strengthen 15 3. What’s My Schedule? After determining the skills to gain or develop, gauge your availability. With online programs, you have the flexibility to fit coursework into your schedule whenever is best. For this step, visualize a typical week. On the following page, block off time for standing commitments, such as work, school, and appointments. Consider any caretaking responsibilities, daily necessities like preparing meals, and time for rest and sleep. Once you’ve blocked off those times, you’re left with your availability for an online course. Tally how many hours per week you can dedicate, and ensure it’s a commitment you want to make. Choosing the Right Online Course: Questions to Ask ASPIRATIONAL ADVICE “Managing the workload depends on your lifestyle. I suggest blocking time in your schedule to work through the modules. It’s active learning, so you must be alert and ready to think and contribute. For me, this meant shorter, more frequent study sessions as opposed to longer, less frequent sessions. I thoroughly enjoyed working through the modules and felt a little dopamine kick every time I completed one.” Jemma Martin Strategy Execution Participant 16 Weekly Calendar Sunday Monday Tuesday Wednesday Thursday Friday Saturday 5 a.m. 6 a.m. 7 a.m. 8 a.m. 9 a.m. 10 a.m. 11 a.m. 12 p.m. 1 p.m. 2 p.m. 3 p.m. 4 p.m. 5 p.m. 6 p.m. 7 p.m. 8 p.m. 9 p.m. 10 p.m. 11 p.m. 12 a.m. Choosing the Right Online Course: Questions to Ask 17 4. What Do I Need and Value in an Online Course? The next step is identifying what you want in an online course. Many are on the market, so it’s beneficial to know your preferences when searching for relevant offerings. Must-Haves Nice-to-Haves Begin with an open brainstorm: What do you need or value in an educational experience? You may list: • Engaging course content • Credible instructors • Real-world examples • Opportunities to engage with peers • Diagrams and graphics • Closed captioning or alternative text Use the above as a starting point. Note which factors are “must-haves” and “nice-to-haves” so you can reference them when researching options. Choosing the Right Online Course: Questions to Ask 18 5. What’s My Budget? Finally, determine your budget. Prices for online certificate courses vary—along with their quality. Be wary that not all programs are created equal. Think of this step as considering what price you’re willing to pay for your perfect course—one that provides the skills to reach your goals, aligns with your availability, and has all the factors you value most. If your budget is keeping you from pursuing your ideal course, investigate scholarship and financial aid opportunities. If your employer has a budget for professional development assistance, craft your case for how the course would help you succeed in your role, acquire the skills to advance, and benefit your organization. Budget BUSINESS INSIGHT Asking Your Employer to Pay for Your Course 1. Do your homework: Does your company have an education assistance program? If so, follow the procedures in place. If not, explore the options below. 2. State career development as your priority: Let your manager know career growth is important to you and discuss the skills you need to develop. 3. Research programs: Identify educational opportunities that will help you build business skills, such as an MBA or online certificate program. 4. Create a pitch: Pitch to your manager why the program you selected is the best fit, how your education will positively impact the company, and why tuition assistance will enable you to reach personal and organizational goals. Once you’ve answered the questions in this section, it’s time to select a course that fits your needs. Choosing the Right Online Course: Questions to Ask 19 Selecting Your Perfect Course Using your goals, priorities, and needs from the previous section, search for your ideal course. Start by searching online for courses that match your desired subject area and format. You have an abundance of options and may immediately notice that some don’t align with your criteria. Curate a short list of options and analyze each against your goals, needs, and preferences. Consider visualizing your research in a table to compare options. Get started using the table below to note whether the course option in each column meets the corresponding requirements. If you need more columns or rows, copy the table onto a separate sheet of paper. Course Option 1 Course Option 2 Course Option 3 Will it teach me the skills needed to reach my goal? Is it held in my perferred format? Does it fit into my schedule? Does it fit my budget? Does it have [attribute I value in an online course]? Does it have [another attribute I value in an online course]? By taking the time to ensure a course aligns with your goals, availability, and values, you set yourself up to make the most of the experience. Selecting Your Perfect Course 21 Is an HBS Online Course Right for You? To jumpstart your research, here’s a breakdown of HBS Online courses. Here are the benefits of HBS Online’s certificate and credential programs: Fully online Taught by HBS faculty Active Complete course content on your own time with weekly deadlines. Learn world-class concepts, frameworks, and tools from experts in their fields. Apply your knowledge through interactive elements every three to five minutes. Social Feature real-world cases Join a global network xperience HBS’s signature E case method and learn from business leaders who faced real-world problems. Network with peers worldwide through the HBS Online Community and our annual hybrid conference, Connext. Engage and collaborate with peers before, during, and after your course to challenge your thinking and broaden your perspective. Is an HBS Online Course Right for You? 23 If these attributes align with your goals, download our free flowcharts to select your ideal HBS Online course from the following subject areas: • Business Essentials • Leadership & Management • Entrepreneurship & Innovation • Strategy • Finance & Accounting • Business in Society • Marketing ASPIRATIONAL ADVICE “My advice is to enjoy it! Take it a week at a time. Pay attention, and the course will take you along the path to learning. I can’t think of any other course that offers knowledge in such a playful manner.” Shalini Agarwal Disruptive Strategy and Strategy Execution Participant Congratulations! You’ve set your goals, determined the skills needed to reach them, and conducted thorough research to find your ideal online course. This process required time and care, but your investment will pay off when you’re in your ideal learning environment gaining the skills to advance your career. Is an HBS Online Course Right for You? 24 To learn more about what HBS Online can do for you, visit online.hbs.edu.