List of Accredited Online Degrees
The corporate ladder can be a long climb. For those who already have prior management career experience, in-depth business education can be what it takes to fast-track a career trajectory in a variety of leadership roles and industries.
By building upon leadership skills, strategic thinking, and a global mindset in an in-depth program, an online executive MBA degree is the ideal interdisciplinary career investment for mid-to-senior level managers.
As the modern business world evolves dramatically, strong business leaders are essential to many business enterprises. With a combination of soft and hard skills, this specialization explores both the tried-and-true and the unknowns of today’s business world.
THE CAREER PATH
Where in the world do successful online executive MBA graduates end up? Investment banking, for-profit and non-profit organizations, and small business management are common, but are merely the tip of the iceberg.
- Chief executive officers: At the helm of any corporation, CEOs have a high-profile, challenging role: Steering the company’s long-term strategic vision while interfacing between public stakeholders, a board of directors, and employees. With a median salary of $158,560 in 2015, opportunities are fresh both domestically and abroad.
- Chief sustainability officers work with shareholders, customers, and workers to implement corporate sustainability strategies in an era where measuring environmental impact is just as important as measuring revenue. From conducting pollution research to testing sustainability programs, their work netted a median salary of $175,110 in 2015.
WHO IS THE IDEAL CANDIDATE?
The multi-disciplinary executive MBA track attracts motivated managers coming from all walks of life. GMAT scores and years of work experience are important, but business schools will also consider personality and drive. Goal-oriented, self-disciplined, professionals who have already built a career history in management (typically at least a decade) are great candidates for an online executive MBA.
WHAT SHOULD I EXPECT?
The main difference between a traditional MBA and an executive MBA is the abbreviated length of the program, due to the consideration of real-work experience.
An additional benefit of earning an executive MBA is the recognition by most high level organizations and the opportunity for reimbursement of the cost of schooling. Many organizations acknowledge the human capital potential of highly educated employees, and thus encourage and many times reimburse or supplement tuition costs.
In some cases, your highest educational attainment affects the GPA requirements. Some schools will accept a minimum GPA of 2.7 for undergraduate studies and a 3.0 for previous graduate work. Many business schools also have GPA minimum waivers for strong professional/education achievements, or a GMAT exemption for a student with graduate-level education.
Lastly, time in the workforce plays a big role in admissions. Many schools prefer at least 10 years of professional work experience, though some will accept five years.
The Executive MBA degree builds leadership skills to develop strong teams, make sound decisions, and turbo-charge analytical ability.
Though every program’s curricula varies, expect to see coursework commonalities like:
- Organizational Behavior
- Statistical Analysis
- Marketing Management
- Managerial Accounting
- Business Ethics
- Organizational Development
- Strategy and Managerial Decision-Making
- Organizational Development
- Management Information Systems
- Managerial Finance
- International Business
Many online executive MBA programs also require a capstone project, in which students tackle and solve complicated real-world scenarios similar to those they will face in their future.
WHAT SHOULD I LOOK FOR?
To get the most out of an online executive MBA degree, ensure you’re enrolling in a business school with the best accreditation you can afford. AACSB accredited online business schools are typically more expensive. However, this isn’t always the case, so make sure to compare all options before enrolling.
Also make sure to ask prospective schools about your options as an executive MBA student—some programs also includes the option to pursue add-on certifications like project management.
GetEducated’s MBA rankings reveal that the average cost of an online MBA is $25,869. When comparing the tuition for online executive MBA programs, take note of:
- Cost per credit hour (in-state, out of state)
- Estimated degree cost
- Credit hours to complete