List of Accredited Online Degrees
Though a great product or killer app can speak for itself, it takes another critical element to build and sustain a successful business: Strong management.
The lines between leading and managing, supervising and directing, and bossing and guiding are increasingly blurred. As both workforce and consumer demographics change dramatically, the business world needs innovative and adaptive leaders to take helm.
As the 21st Century ushers in a new era of managerial styles, the online MBA management degree prepares students for the cultural and logistical challenges of leading teams (sometimes globally). A management major is the ultimate interdisciplinary MBA – one that can lead to making a broad impact in many fields.
THE CAREER PATH
In the modern era, all kinds of enterprises and organizations need strong leaders with excellent management skills. Successful online MBA management graduates generally end up working at non-profits, banks and financial institutions, hotels and hospitality, marketing firms, and more.
- Purchasing Managers work closely with buyers, purchasing officers, and other elements of procuring the raw materials, equipment, and services that make up final products and merchandise. Many workdays are spent negotiating contracts with suppliers and vendors, and hiring or overseeing staffers. They earned a median salary of $108,120 in 2015.
- Supply Chain Managers handle the challenges of getting products onto shelves – and anticipating inventory, warehousing, and distribution needs. They move products, working closely with financial forecasting, quotas, metrics, and inventory-related variables to reduce waste and move products to and off shelves efficiently. They earned a median salary of $104,850 in 2015.
WHO IS THE IDEAL CANDIDATE?
Good GMAT scores and years of work experience can give you a leg up with applying to business schools. Candidates for managerial roles should have a desire to understand and motivate a variety of people, take a data-driven approach to decision-making, and be detail-oriented.
WHAT SHOULD I EXPECT?
Most schools offering online MBA in management programs generally require an undergraduate degree. Most require GMAT test scores, an essay, and transcripts. GPA minimums vary.
Have you worked in managerial positions before? Many schools also factor in years of hands-on professional experience such as military service, volunteer work, and managing teams for challenging projects.
An MBA in management is designed to build leadership, cultural empathy, and teamwork skills along with analytical thinking. Expect to see coursework like:
- Business law
- Operations management
- Supply chain management
- Business forecasting models
- Finance for managers
- Entrepreneurship & intrapreneurship
- Leading organizational change
- Global business communication
- Ethical Leadership
- Corporate Social Responsibility
Many management MBA programs also require a capstone project, in which students solve real-world business problems with a managerial focus.
WHAT SHOULD I LOOK FOR?
To get the most out of an online MBA in management, verify that the school’s accreditation lines up with your career goals. AACSB accredited business schools are looked upon the most favorable by employers.
Investing in an online MBA management program means adding value to your lifetime earning potential. GetEducated’s MBA rankings reveal the average cost of an online MBA is $25,869. Make sure to look at these variables when comparing the cost of programs:
- Cost per credit hour (in-state, out of state)
- Estimated degree cost
- Credit hours to complete