Current working professional and an OMSCS student here. It highly depends on the context. Biggest pros are: 1. This is perhaps the cheapest Computer Science masters in the United States from a premier school. The degree is exactly the same as offered to the residential program and the credits acquired are all legit and transferable to other universities. I had friends who transferred from OMSCS to a regular school an…
>"This is perhaps the cheapest Computer Science masters in the United States from a premier school." Actually, there are funded ones! Princeton and Cornell both have 2 year thesis-based M.S.E CS programs which are fully funded + stipend. I'm starting Princeton's in the fall. These are small programs though, I believe there's 12 of us incoming.
I imagine the competitiveness is quite different between an online program from Georgia Tech for ~4,500 students[0] and an onsite program at Princeton for a few dozen. :)
[0] https://www.omscs.gatech.edu/prospective-students/numbers