Best Matches for AACSB Accredited Online MBA Programs
Master of Business Administration (MBA) degrees are the most prominent advanced credentials in the business world. Completing your on-campus or online MBA program prepares you to handle a variety of complex jobs necessary to start, manage and grow a business. You can specialize your education with an accredited MBA that has a particular concentration; some popular specialties include executive MBA programs and marketing MBA programs.
Many business schools that offer quality MBA degrees are accredited by the Association to Advance Collegiate Schools of Business (AACSB). Accreditation from AACSB is seen as an indicator that the school has passed rigorous tests and achieved a higher standard of quality. Typically, faculty may be more experienced; recruiters may also look more favorably on graduates from AACSB-accredited schools. Request more information about online MBA programs from the schools listed below!
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Campus Based & Online MBA Program Requirements
Graduate business programs are often selective. In order to be admitted to an MBA program at an accredited school, you will generally need a bachelor’s degree and an acceptable score on the Graduate Management Admissions (GMAT) test.
Most MBA programs prefer students who earned their bachelor’s degree in business or a closely related field (such as finance or marketing). However, if you have significant and relevant workplace experience, many business graduate schools will accept any bachelor’s degree. Additionally, some institutions now offer no GMAT MBA programs.
The nation’s best business schools and top online MBA programs often look for additional qualifications. Activities like starting your own small business, becoming a member of your local chamber of commerce, and participating in college business plan competitions can all help land you a coveted spot at a top institution.
Job Outlook for On-Campus and Online MBA Program Graduates
Whether you earn your MBA degree online or on-campus, it can provide you with the skills and knowledge you need to take your business career to the next level. Here are some positions your MBA can qualify you for, along with salary and job growth data from the U.S. Bureau of Labor Statistics (BLS):
Chief executive ($168,140 median annual income, 11% job growth through 2022). Chief executives devise strategies that help an organization reach business goals. They keep an eye on the bottom line while also ensuring quality remains high and that the best personnel are in key positions.
Financial manager ($109,740 median annual income, 9% job growth through 2022). Financial managers oversee the overall health of a business organization, from investing money to preparing reports on business activity and financial forecasts.
HR manager ($99,720 median annual income, 13% job growth through 2022). Human Resources managers oversee the administrative activities of a large orgnazation that involve personnel, including the hiring process, training new employees and the exit process. They often coordinate with top executives on hiring new staff, particularly in strategic business positions.
Marketing manager ($119,480 median annual income, 13% job growth through 2022). Marketing managers handle a variety of tasks, including pricing a product correctly, finding new markets for products and also ensuring that current customers are satisifed with the product.
PR manager ($95,450 median annual income, 13% job growth through 2022). Public Relations managers oversee campaigns designed to improve or enhance the reputation and image of products or, in some cases, people. Among other duties, they establish and nuture contacts with key members of the news media,
Skills Needed to Succeed in a MBA Program
There are certain skills that can help you succeed when entering a MBA program. These same skills should also serve graduates well after the program is finished and they enter an increasingly competitive, global business world. Here are some key skills to keep in mind and try to develop.
Communication. MBA students should have a higher standard for communication than others, as the ability to explain and share ideas through a variety of communicatioon methods is key in today's business world.
Focus. Those who enter a MBA program must remember the adage, "You are what you focus on." Getting the most out of a graduate business program typically requires focusing on, and achieving, difficult goals.
Think global. The business world is increasingly a global one, with no regard for old political borders. Learning a foreign language or learning how to conduct businesss in countries outside the United States could prove to be the key component in your career success.
Be strategic. Entering a MBA program should signal that you are prepared to be a leader in the business world. This means developing leadership skills and also thinking strategically on issues such as maxmizing performance from personnel and expanding markets for your product.