Use the following handy 6-point checklist to short list MBA schools that are best suited for your individual skills and desires.

1. Choose an accredited school.

When you choose an MBA school with accreditation, you ensure that your time is well spent, and guarantees you get an education that is valued in the eyes of current and future employers. It also indicates to others that you know how to carefully evaluate important decisions.

2. Match up the school that fits your situation and needs.

Did you know that over 71% of MBA students hold down full-time jobs? This puts a lot of pressure on you - since you will need to work and perform in your job, as well as your family, and soon - your MBA course. Make sure the school fits your situation.

3. Professor To Student Ratio

The teacher to student ratio is the number of students each professor has, on average. When you have the ideal ratio (usually 8 to 14 students per professor), then you can ask the questions you have and get a proper answer. When a program offers a good teacher-student ratio, it also suggests that the advisor they assign to you will be able to work one-on-one with you, and help you achieve your MBA objectives.

4. World Class Faculty

Having the experience of learning from a world leader in your chosen area of specialty is a treat that can benefit you for a lifetime. Often, they have a profound effect on their students, and maintain contact with former students for life - giving you a valuable asset that will pay dividends for decades.

Teaching style is another important thing to consider. Not all business schools teach the same way, and having a style that fits you is an important consideration. When choosing on online MBA program, you should also make sure the school uses innovative online teaching methods.

5. Alumni Programs

If you value the ability get help to network with others, or to polish a resume, or to practice your skills in interview situations, then you should investigate the alumni services offered by the schools you are considering. It makes an important difference after your graduate, and start looking for that next big opportunity in your career.

6. Career Advancement Services

Another useful factor in choosing your MBA program is the help they offer with getting your next job. Since most graduates quit or get fired, it can be very helpful to have a resource that will help you make that next move.

Career assistance can help you with more than just resume writing. They can also help with interview preparation and practice in role playing. You might want to consider the career services when making that final short list of potential online MBA schools.

Another nice thing you can do with the better online MBA programs is attend free follow-up courses and lectures, so if you ever need to brush up on a certain topic, you can.

One last thought. Since an MBA can often increase your annual income by as much as 50%, don't you think you should carefully consider all the important facts about the online MBA schools before you jump in with both feet?