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MBA

The Fastest Way to Calculate Your Return on Investment From an MBA

By Paul Mannet

Click To A List Top Schools Offering MBA Degrees Online

An MBA degree can propel you forward in your business career, but it’s important to weigh the costs and benefits before jumping into what’s usually a two year course of study. Many prospective students fail to really think through what the Return On Investment (ROI) will be from getting this degree. Before you even start looking at schools with MBA programs, sharpen your pencil and figure out if it’s the smart thing to do in your situation.

How to Calculate the True Value of an MBA

There are many MBA ROI calculators on the internet, but none of them can give you an exact reading on what your return will be, since so many of the factors are subjective. That being said, you should be able to quickly get a general idea of what your total investment in an MBA will be and how long it will take to recoup that cost and start to truly profit from it.

The most simplistic way to calculate your ROI is to total the cost of your schooling (including books and other additional costs), figure out how much more on average you will make per year with your MBA, and calculate how many years it will take to pay down your investment. That will at least give you a snap calculation of how quickly you can be debt free, and enjoying any salary increase you’ve achieved as a pure profit.

Let’s say, for example, that your MBA will cost $50,000 total, and upon graduation you believe you can expect a salary increase of $20,000 a year. If you choose to put all your salary increase toward paying off school costs, you’ll be able to start enjoying the higher salary free and clear after two and a half years. Plan to work for 10 more years? Even without a raise, you would have a minimum $200,000 return on your school investment.

A Baseline Value Estimate For A Business Degree

That is certainly an over-simplified way of looking at the numbers, particularly since many people don’t immediately use their entire salary increase to pay down school debts. But it’s a good baseline calculation to start from. To calculate your own numbers, try to get a clear picture of how long you plan to work, based on your age, what kind of salary increase you can realistically get from an MBA in the particular business you want to go into and, of course, the cost of the school you are planning to attend.

Some good news to keep in mind is that online schools generally offer a lower total cost of an MBA than brick and mortar schools. But even within the online school category, you can benefit from being a smart shopper. Many lower-cost online MBA programs have emerged in recent years. Well-known schools like Western Governors University and New England College of Business and Finance, for example, offer MBA programs online at a total cost of less than $22,000., even before financial aid is calculated in. That’s a far cry from the more typical private school cost of $50,000-plus that a private school MBA costs, and a more reasonable investment that can improve your ROI picture a great deal. (Find out more about moderately-priced online MBA schools here.)

More Factors to Consider:

Will you be working while you get your MBA or become a full-time student?

If you’re working while getting your degree, such as in an online program, getting to the point where you are enjoying your ROI may take less time than it will for a full-time student who has no income while attending school. There’s no right or wrong way to get your MBA, but choosing an online option that allows you to keep working while you study can give you the option to use your salary to keep down school costs, helping you emerge from school with less debt.

Are you relying on student loans or other financing, which accumulate interest?

Obviously loans with interest mean that you’ll be paying more than the original price tag for your MBA. And the longer it takes to get your degree, the more interest you may accumulate (unless you get a government-sponsored subsidized Stafford loan, which you can put off payments on until you graduate). If you take more than the typical two years to finish an MBA, you’ll also have to wait longer for the pay increase it will hopefully bring you, adding more debt payments into your ROI calculation. Conversely, if your employer is financing some or all of your degree and guaranteeing a raise when you get your degree (not an unusual situation), your risk is much lower.

How much of your total excess income will you put towards school debt upon graduation?

It’s idealistic to think that once your salary increases, you’ll put the entire increase towards your debt (even though many internet ROI calculators make this assumption). Instead, most people increase their lifestyle with their salary. Look at your total debt and work out beforehand how much of your potential earnings increase you’ll put towards paying down your debt. Are you willing to keep your lifestyle simpler and pay down the debt faster, or would you rather make modest increases to your current living and take a little more time to pay off the debt? It’s important to think this through before you start so that you can maximize the financial value of an MBA when you graduate.

Is an MBA Worth the Investment?

Some careers, such as those in finance or executive marketing, most often require an MBA to move up the corporate ladder. However, you may be surprised to know that most jobs in business rely much more heavily on experience than a specific advanced degree. In fact, several studies have come out in recent years that show only 1 in 3 CEOs has an MBA (it also showed, amazingly, that the companies run by non MBAs tend to have better performing stocks!). This doesn’t mean you shouldn’t get your MBA, but you should have solid experience first. Combining your degree with related experience is what will give you an edge over other applicants in your chosen career.

If you have a specific career goal, experience in that career, and an MBA that has given you knowledge to move forward, it can be a good investment at any age. But if you’re getting an MBA because you think it may help you, are uncertain about your future career goals, or think that getting this degree will take you out of unemployment, you might want to think again, especially if you’re well into your 30s. You need have at least a fairly good idea of which career path you want to follow for a MBA to offer you the chance of a real salary increase that will allow you to pay down your debt.

An MBA can be very helpful if you obtain and use it wisely. But getting an MBA without doing the research first could end up costing you much more that you ever bargained for.

Filed Under: MBA

If You Start an MBA Now, The Post-Covid Economy Could Be Very Good To You

By degreeeditor

That’s the message of a marketwatch article today, which says that those who emerge from graduate school with a business degree in 2023 are almost sure to be looking at a post-pandemic economy. MBA holders should do fantastically well after coronavirus passesIn that environment, companies that have slimmed down during the health crisis will be hungry for job candidates familiar with utilizing data analysis, artificial intelligence, machine learning and other knowledge areas being taught in most MBA programs today. Marketwatch says the starting salaries for business schools grads from quality universities already average above $150,000. per year and could go higher in the coming years. MBA grads, it adds, come out of school with “the ability to assess and bear sensible risks,” a skill which “is the core of business and entrepreneurship.”

Filed Under: MBA

Exceptionally Affordable MBA’s From Quality Online Colleges

By Paul Mannet

Updated December 15, 2020

Because the business world is extremely pro-technology, schools that offer MBA programs were among the first to start using state of the art online tools provide students with digital chat capabilities, podcasting, video lectures, videoconferencing and more. Some business schools have even pioneered the use of games that include online learning components. And many programs have sprung up to help aspiring business managers get a master degrees at a very reasonable cost. Click to see affordable MBA programs online

You won’t ever have to visit most of the online MBA schools out there, although a few universities may require a handful of campus visits to complete a program. A few state universities, where the cost of an online MBA is less for in-state residents, do ask students to attend some workshops or lectures in person to establish residency. Others may require that you take tests that are supervised by a school-approved proctor– which can generally be done in many different locations. It’s something you’ll obviously want to check out before signing up for a school, since you don’t want to sign up for an online school on the other side of the country and then be surprised to find you have to actually attend some classes there.

Read here about Online MBA Degrees from Non-Profit Schools

Finding A Lower Cost Online MBA

Tuition for online study is usually about the same as the school’s on-campus cost. But you can save big by simply not living at your school, as most grad students do. And by going the distance learning route, you should find more choices in terms of the number of schools and the business degree specialties they offer than you’re likely to find near your home. That’s especially true if you don’t live near a major city.

Your time commitment for a masters in business will likely run from anywhere from 11 months to four years. You’ll come out at the longer end of that spectrum if you need to take a reduced course load or take breaks from school to take care of work or family issues. If you’re in a big hurry, you might consider one of the more limited “executive MBA” programs out there, which can take less than 9 months. Many of these are more like certificate courses than a full Master’s of Business Administration degree. Alternatively, you might consider an accelerated MBA program, which can allow you to finish a full MBA in as little as 18 months — if you can work at a very intensive pace. It’s worth being aware that many online schools can help you set up an accelerated MBA program for yourself, even if they don’t advertise that option on their website. An added bonus is that, in some cases at least, you may be able to save some money by taking a higher than average number of course credits each semester.

A Range Of MBA Tuition Costs
According to geteducated.com, an online degree MBA can cost anywhere from under $10,000 all the way up to $115,000. Since you’ll have to make a lot of money quickly to justify a $100,000 plus investment, it’s a good idea to see if you can save by attending your state’s public university. If, however, you want an MBA from a school that’s recognized nationwide, or you want an MBA in a unique specialty, you may have to look at higher-priced private graduate schools.

America’s Cheapest MBA Degree?

The lowest cost online MBA degree we appears to come from Chadron State College, a small state school in Chadron Nebraska that has about 3,000 students. Its online MBA degree of 36 credits is offered a total tuition of under $10,000. It’s a general business degree, designed to build the skills of mid-level managers.

While that price is low, we can’t find anything wrong with this school. Chadron is part of Nebraska’s public college system, and is accredited by the Higher Learning Commission of the North Central Association of Colleges and Schools. It’s probably not realistic to expect an employer outside the midwest to recognize Chadron’s name, but for a basic grounding in business management, its online MBA program looks like a bargain. Chadron’s website is www.csc.edu. We don’t provide a direct link here because we’ve found their site has been down on several occasions.

Is an MBA Online Worth It?

MBAs have become a kind of minimum degree for many of the more high paying jobs out there. The degree is unusually versatile, as it can prepare you for a position in virtually any kind of company. MBAs work in all sorts of technology, financial, insurance, manufacturing and other types of companies, and perform all sorts of functions from accounting to general management, marketing or sales. Part of the reason employers like to see this degree is that business has become so complex today that it requires a high level or managerial expertise to fun almost any type of department. Business school grads have an understanding of the reporting, financial projection and regulatory issues that affect companies far more today than they did just ten years ago.

Typical pay in the types of positions MBA degree holders are hired for is in the six figure range. And although you may choose to take an MBA degree in a specialty like marketing, finance or even project management, the key accounting and management skills you will gain should make it possible to change careers successfully if you eventually want to. In that sense, the MBA is far more flexible than a law degree.

MBAs From Ten 100% Online Colleges and Universities

While it’s not advisable to choose a school only because of it’s price, the current economy has made it more important to get the most out of every dollar you invest in school. We make an effort to keep the list below up to date – it’s a good deal of work because many of the schools don’t like to display their tuition rates to openly. Here’s a current listing of good low cost online mba schools, based on cost per credit multiplied by the number of credits required for the online MBA degree (Sponsored Schools):

Purdue Global
Purdue Global is a public school with a very wide range of business degrees in addition to it’s MBA program. It has 29,000 students online, the majority of whom are female.
– Graduate cost per credit is $485.
– Purdue has a particularly favorable transfer credit acceptance policy for prior coursework, military service or life experience.
– International students outside the U.S. are eligible for a cost discount of up to 25%
Get Information on Purdue Global’s Online MBA Program
Tuition source: https://www.purdueglobal.edu/paying-for-school/tuition-fees/international-tuition-fees.pdf

Grantham University
Grantham is a Kansas-based university with schools of business, engineering and computer science, arts and sciences and nursing. It was established in 1951, and today offers all it’s courses online. It offers MBA degrees specialized in Administration, Information Management and Project Management.
– The cost per credit is on the lower end of the scale at $350.
– The standard MBA takes 24 months, though an accelerated MBA option is available that can be completed in 12 months.
– Grantham offers a range of scholarships and help with financial aid.
– It has a favorable transfer credit policy.
– Special tuition rates are offered for military, veterans or first responders & civil servants.
Get Free Information on Grantham
Tuition source: https://www.grantham.edu/online-degrees/business-administration-mba/

Colorado State University Global Campus
The Global Campus is the online branch of the Colorado State University system. Founded in 2007, this was one of the first fully online schools created by a public university. It now has over 19.000 students all over the world. It is accredited by the Higher Learning Commission. It offers a masters degrees in Finance and an MS in Organizational Leadership.
– Graduate cost per credit is $500., which puts CSU Global in a moderate cost range.
– The school has not increased it’s tuition rates for 7 straight years.
– There is no premium tuition charge for out-of-state students.
– A “tuition guarantee” is provided, to give students a solid rate for their total tuition they can know when they start a degree program.
– Alternative credit options for incoming students include competency based exams, Prior learning assessment, and other sources of credit that can cut down on the numbers of credits you need to earn your degree.
Find Out More About Colorado State University Global
Tuition source: https://csuglobal.edu/cost/tuition/tuition-rates

University of Southern New Hampshire
Southern New Hampshire University is an 80 year old private school that’s become very widely known for it’s career-oriented online degree programs. As a not-for-profit, the school is under less pressure to institute big tuition hikes each year than some other schools. Many degrees are offered on an accelerated basis. SNHU offers an array of MBAs including MBA Criminal Justice, MBA Accounting, MBA Finance, MBA Music Industry, MBA Internet Marketing plus others.
The official cost per grad credit is $627, but the full program is 36 credits, fewer than at many other schools.
– Up to 12 credits can be transferred in from another grad school.
– SNHU offers several scholarships, both need and non-need based.
– GRE, GMAT and SAT scores are not required.
Get information on Southern New Hampshire University
Tuition source: https://www.snhu.edu/online-degrees/masters/mba-online

Northcentral University
A non-profit fully online university of over 10,000 students with schools of Business, Technology, Education, Health Science and Social/Behavioral Science. The school charges a base cost per course at the MBA level of $3,159. It offers MBA degrees in over 12 specializations including Criminal Justice, Management, Entrepreneurship, Applied Computer Science, Project Management, Homeland Security and others.
– Reduced tuition of offered to active duty military, veterans and their spouses.
– A variety of options are offered to pay in full, pay by course or pay monthly.
– Northcentral has tuition aid agreements with many large companies across the U.S.
Get free info on Northcentral University Degrees
Tuition source: https://www.ncu.edu/tuition-admissions/financing

Walden University
A widely recognized name in online education, Walden is a Minnesota-based school with almost 50,000 students. It is regionally accredited by the Higher Learning Commission. Walden’s many Master’s of Business degrees include specializations in Finance. Leadership, Marketing, Social Entrepreneurship, Accounting and others.
– A fast track MBA program can reduce the cost of your degree significantly.
– A “competency based” program is offered with a unique fee schedule based on payments every three months.
– Up to 15 transfer credits are accepted into the MBA program.
Get Free Information on Walden
Tuition Source: https://www.waldenu.edu/online-masters-programs/master-of-business-administration/tuition-fees

Colorado Technical University
CTU actually has a small number of classroom students, but 92% of it’s teaching is done online. Founded in 1965 to training former military people in tech and vocational areas, the school now has 25,000 students in a wide variety of online degree programs. It offers MBA’s specialized in Technology Management, Project Management, Finance, Health Care Managment, Logistics, Data Analytics, Digital Marketing and several more. (a wide range of online business bachelor’s degrees are also offered by CTU). It’s $610. cost per credit hour is in a moderate range.
– CTU has an interesting “Fast Track” program that can allow an incoming student to earn credits for knowledge he or she may already have, that can potentially reduce the cost of a degree, and the time it takes, by up to 30%.
– A “Lifelong Learning Grant” is available that may provide up to $1,000 in financial help.
– CTU has nine different grant opportunities, a particularly high number. One is the Advantage Grant, designed to aid students who face unusually difficult personal or financial challenges in pursuing their degree.
Get info on Colorado Technical University degrees
Tuition source: https://www.coloradotech.edu/media/default/ctu/documents/tuition-and-financial-aid/Tuition-and-Fees-VIRTUAL-CIV.pdf

California Coast University
CCU is a for-profit school based in Santa Ana, CA, which has about 8,000 students, all online. According to Wikipedia, “Employers in the business community have been generally supportive of CCU graduates”. The school offers a low cost per credit (about $230.) on it’s MBA programs General Business Management, Healthcare Management or Human Resource Management.
– The school offers a guarantee that your tuition will not rsie for as long as you stay enrolled.
– 10% tuition discounts to active military or veterans, firefighters, government employees or employees of the schools business partners.
– CCU offers payment plans which are effectively loan programs at zero interest.
– Master’s students can transfer in up to 8 credits for learning done at another college.
Info on CCU

Capella University
Capella is a large school – over 38,000 students – that has a few learning centers around the country but delivers the vast majority of it’s teaching online. MBA offerings include Self-Designed, Healthcare MBA, Human Resource and Project Management MBAs. – Master’s degree tuition goes in a wide cost per credit range from $485 to $805., but with the school’s “FlexPath” offer, you can earn your MBA in 12 months for $11,000. in some cases. At a non-accelerated pace, the MBA program typically costs more in the range of $22,000.
– Students may qualify for a $3,000. grant under Capella’s “Progress Reward” program.
– Transfer students can save by using credits from another school, subject to approval.
– It’s possible to gain credit for knowledge you already have through a Prior Learning Assessment, potentially reducing the number of credits you need to complete for your degree.
Learn more about Capella
Tuition source: https://www.capella.edu/online-degrees/mba-program/

Grand Canyon University
Grand Canyon University is an Arizona-based school with over 70,000 online students. If offers M.B.A. programs in a dozen different specialties including Accounting, Finance, Leadership, Sports Business, Project Management and more.
The cost per credit is in a moderate range.
– Special tuition rates are offered for active duty and active reserve personnel.
– Transfer credits are accepted.
– Grand Canyon offers several scholarships to online students.
– GCU accepts direct payments from an employer who is paying for all or part of your degree program.
– The school’s website offers help in applying for FAFSA aid.
Get Free Info on Grand Canyon University
Tuition Source: https://www.gcu.edu/tuition-and-financial-aid

Filed Under: MBA Tagged With: cheap mba, distance learning mba, low cost mba, mba online

Online MBA Degrees From Non Profit Colleges And Universities

By Paul Mannet

You may associate online degrees with for-profit colleges and universities. But here are select nonprofit and state schools that have quality online MBA programs.
Click to see the list of Non Profit Schools offering online MBA degrees

nonprofit online mbaToday, there’s a strong variety of non-profit colleges offering programs online, and MBA degree have been a particularly strong area of growth. That’s because colleges across the board have realized that lots of the people who want MBAs are adult students with jobs (and often families as well) who don’t have time to get themselves to a classroom on a regular basis. Some schools have responded with abbreviated business programs online, but lots of others have moved to put their full MBA programs online.

Private schools once tended to lag behind the curve when it came to online learning technology. But at this point, most of them have caught up, and can offer the same forums, visual aids and direct teacher response that the for-profits originally developed.

NonProfit, Not For Profit or For-Profit?
Obviously, for-profit schools, which have come under some fire in recent year by Congress, seek to earn a profit from their student’s tuition. It’s interesting that, for all the publicity they have generated, for-profit schools handle only about 10% of the college and university students in the U.S. at present.

Nonprofits and not-for-profits are two terms that mean the same thing. They represent a wide rage of private schools and state university systems, the latter of which are funded largely by taxpayer dollars, which are not out to earn a profit. There are also some private schools run by religious groups, many of which also have good reputations.

Generally speaking the private schools are fairly expensive and the state universities, some of which have national reputations (like the University of Southern California or Rutgers), are more of a bargain. A particularly nice element of online education is that it has eliminated, in many cases, the fairly heavy surcharges that state universities have traditionally levied on out of state students.

Truth be told, it’s not accurate to say that nobody profits from nonprofit schools. Presidents of these schools often earn over a million dollars per year. Many in higher ed recall the notorious case of Mr. Daniel Goldin, who was brought in to run Boston University in 2002. Amidst a huge controversy about his presidency, Goldin was given a vote of no confidence by trustees of the school, and left after one week on the job — taking with him a cool $1.8 million dollar payment for his brief service to BU.

Are Online And Traditional MBA’s Equal?

Employers will take an online MBA seriously if it’s from a quality school with good accreditation, regardless of whether you studied online or in a classroom. The amazing flexibility of online business grad programs has made them a big favorite of people who have already had some success in a company but want to take their careers to a new level. Because many of them are in their late twenties or thirties, they can’t stop working to go to school full time. The ability to study at home around your own work and life schedule, and to do part-time or accelerated degree programs depending on how fast you can learn, makes these programs extremely popular.

Nonprofit schools are protective of their academic reputations, and not primarily focused on their bottom lines. Virtually all are accredited by the major regional agencies. As counter-intuitive as it sounds, regional accreditation is almost always better than the national accreditation that some online schools advertise.

Here’s a list of nonprofit colleges and universities offering online MBA programs. We have focused mainly on the schools that promote themselves nationally.

Southern New Hampshire University
Southern New Hampshire University is an 80 year old private school that’s made a big splash in career-oriented online education. It has just been rated as the #12 most innovative “company” in the world by Fast Company Magazine, a rare honor for any school. Fast Company calls SNHU one of the few not-for-profit schools that are “truly up to speed online,” noting its high student retention rates and affordability. As a not-for-profit, the school is under less pressure to institute big tuition hikes each year than some other schools. Many degrees are offered on an accelerated basis. Southern New Hampshire University offers online programs in:
– MBA
– MBA Athletic Administration
– MBA Project Management
– MBA Sports Management
MBAs in multiple other specialties.
Get information on all Southern New Hampshire University online degrees

Liberty University
A private university in Lynchburg, VA that was founded by Baptist minister Jerry Falwell. It has about 13,000 students on campus but it’s online program is massive – serving over 100,000 students per year. The school has received high ratings from many magazines for its bachelor and graduate programs. Already the nation’s largest nonprofit school, Liberty is still expanding. It offers several graduate business programs online including:
– MBA Accounting
– MBA Human Resources
– MBA Criminal Justice
– MBA Marketing
Plus several other MBA specialties, as well as certificate programs in business and doctorate programs.
Get info on Liberty’s many other degree programs here

– Click Here to Search a Full Database of Online MBA Programs –

George Mason University
GW is a very large (33,000 students) public research university located in Virginia, just outside Washington, D.C. It has two faculty members who are Nobel Prize winners, and is ranked #103 for “Best Value Schools” by U.S. News & World Report
Get free information on George Mason’s MBA Program

Filed Under: MBA Tagged With: business graduate degree, masters in business nonprofit school, mba online, non profit mba, nonprofit college business degree, not for profit mba, private school mba

Accelerated MBA Programs From Online Schools, Ranked By How Long They Take To Complete

By Paul Mannet

Click To A List Top Schools Offering MBA Degrees Online

An accelerated MBA from an online school can offer you with a relatively quick way to boost your credentials without leaving your job to study, as you need to do with most campus-based MBA programs. But the landscape of “fast track” MBAs is a bit more complex in the online world than in “brick and mortar” universities. Traditionally, a master’s in business has taken two years of classroom study and a total of about 50 to 60 credits to complete. At most schools, that boils down to taking 5 courses per semester for four semesters.

How Many Credits?
But the meaning of the word “credit” can be confusing with online MBA programs (read about confusion over credits in undergrad programs). As a result, you want to make sure you understand the scope of the program you’re considering. A full MBA online can, in fact, take less than two years if you work at a very intense pace. But programs shorter than that can actually be one-year or “executive” MBAs, or simply be programs that don’t require the number of credits traditionally associated with this type of degree. And given that many online students take less than a full course load, an accelerated MBA via distance learning can actually take more than two years.

Knowing whether you’re getting into a full MBA program or not is key to matching your degree program to your specific career goals. Unfortunately, there’s no simple formula for this, particularly since some schools use confusing terms like “semester credits” or “credit hours.” Still others, most famously Western Governors University, use a system of “competency credits” designed to de-emphasize the traditional credit system in favor of one that focuses on students demonstrating a true understanding of the course material, regardless of how many hours they have spent studying. The best advice as you look at accelerated online MBAs is to ask lots of questions at any school that interests you about whether or not the program gives you the same credential as a traditional two year campus based program.

Here’s a listing of some of the best-known accelerated online MBA degrees, ranked by the length of time they typically take to achieve. Time to completion numbers are based on the student taking the maximum number of credits allowed or close to it each term, and taking no time off between any semesters. If you work at a slower pace, the program will obviously take longer.

Accelerated Online MBAs, Ranked By Length Of Time To Completion

12 Months
Benedictine University, Chicago, IL
Benedictine is a Catholic University, offers one of the best varieties of accelerated MBAs online, in specialties including accounting, finance, healthcare administration, marketing, international business and entrepreneurship. The school, which has about 6,800 students, has been highly ranked by Forbes Magazine. Benedictine’s advises students in a hurry to “jump on the fast track by taking two courses at a time in the accelerated MBA program.”
– 64 credit-hour MBA which “can be completed” in 12 months.
Info on Benedictine

14 Months
Post University, Waterbury, CT
Established in 1890, Post offers masters of business in finance, leadership, marketing, entrepreneurship and management.
The accelerated MBA is a 45 credit degree program taking 14 to 20 months
Info on Post University

16 Months
Regent University, Virginia Beach, VA
An interdenominational Christian university with about 5,000 students, Regent offers an MBA program with a traditional basis that is “enhanced by the incorporation of Judeo-Christian values, which yield a balanced, Biblical perspective on global integration.” The online MBA is available in General Management, Accounting, International Business, Entrepreneurship, Finance, Franchising, Human Resources Management, Leadership and Marketing.
– 42 credit hour program that can be completed on an accelerated basis in 16 months.
Info on Regent

Northwest Nazarene University, Nampa, ID
A private Christian school affiliated with the Church of the Nazarene, the school was established in 1913 and has about 3,000 students. As with other religion-based schools, there is a strong focus on ethics in the MBA program.
The school is fairly up front about the intensity of the workload required to finish the degree on an accelerated basis, noting on its website that “the typical MBA student can expect to spend 12-16 hours per week per course.”
– Generalist MBA program, with 42 semester credits.
– Students who take two 8-week courses at a time can complete the degree in 16 months.
Info on Northwest Nazarine

18 Months
California State University-Dominguez Hills, CA
A school of California’s public university system, CSUDH has over 13,000 students and is set in the southern part of Los Angeles.
The school’s 30-33 unit MBA program can be completed online within 18 months, if the student has already taken significant business courses before entering or is willing to take several “bridge” courses to build up business knowledge before starting MBA study.
The school’s website is a bit confusing. Information on the online MBA program is here

University of Rochester Simon School of Business, Rochester, NY
This is a very highly-rated business school that generally has less than 200 graduate students on campus. Admissions are selective.
Accelerated online MBA offered in 15 different concentrations including Finance, Electronic Commerce, Health Science Management, Entrepreneurship and others.
– 67 credit full MBA
– 18 months at an accelerated pace. (Accelerated program starts in January)
Info on University of Rochester MBA

Norwich University, Northfield, VT
Norwich is a private military university with a history stretching back to 1819. Most of its 3,400 students are actually military cadets, but the school does accept non-military personnel, particularly to its online programs.
Norwich offers MBAs with concentrations in three areas: Finance, Project Management or Organizational Leadership.
The format is a bit unique in that you are assigned to a small group of up to 16 students at the start of your program, and you go through the program collaborating with them all the way to graduation.
– 48 credit program.
– Complete in as little as 18 months.
Info on Norwich University

Marylhurst University, Marylhurst, OR
A private Catholic liberal arts college founded way back in 1893, with just under 2,000.
Marylhurst has a very well developed series of accelerated online MBAs. The format involves taking a single intensive five-week course at a time in this program. There are some unusual concentrations offered in the MBA including Green Development, Renewable Energy, Sustainable Business, Natural & Organic Resources and Nonprofit Management, as well are more standard ones like general management and marketing.
– 48 “quarter credit” program (12 courses)
– Completion can be achieved in 18 months
Info on Marylhurst

Western Governors University, Salt Lake City, UT
Since Western Governors was founded in 1997, its nonprofit model, low prices and unique approach to awarding credits (along with a powerful marketing) has allowed it to grow into a major force in online education, with over 35,000 students. All courses are delivered over the internet. Strictly speaking, all degree programs at WGU are accelerated – if you want to make them that way. Students pay a flat fee per term and are allowed to take as many courses at a time as they want. If you can truly work at an accelerated pace, this can help keep the cost of your degree way down. MBAs are in General Management, IT Management and Health Care Management.
– 33 “Competency Units,” WGU’s equivalent of credits. This system leans more heavily on your ability to demonstrate an understanding the course material than on spending a specific number of hours studying.
– With intensive study, can be completed in 18 months. Students who have previously taken some business courses are best suited to handling the heavy course load needed for acceleration.
Info on Western Governors University

24 Months
California Lutheran University, Thousand Oaks, CA
A school operated by the Evangelical Lutheran Church in America, CLU has just under 4,000 students and has operated since 1959. Though it clearly has a religious affiliation, the school is a bit more understated on its website about the ethical focus of its degrees than some other religious colleges.
– 45 credit program, condensing 11 week courses into an 8 week format.
– Accelerated students can complete the program in “less than two years.”
Info on California Lutheran

Texas A&M University – Commerce, TX
Part of the Texas state university system, the schools master in business prepares students for the “advanced management positions that demand analytic and strategic leadership solutions to an interrelated set of economic, ethical, and environmental issues.”
Students can choose a basic MBA or a degree with a minor, with choices including Accounting, Finance, Economics, International Business, Management Information Systems and Marketing. 30 to 48 credit hours, depending on chosen specialty.
– Non-Texas residents pay a higher tuition than residents.
– Can be completed in a minimum of 24 months.
Info on Texas A&M Commerce

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