Master of Business Administration (MBA) in Business Management Online Degree
Find out how online MBA programs work, and learn about the admission requirements for an online MBA program in business management. Explore some of the course topics covered in this program and review your job options after earning your business management degree.
What Is an MBA in Management?
An MBA program typically takes three years to complete and is best suited for established professionals who are looking to advance their careers. Online programs commonly offer flexible scheduling and reduced costs in order to accommodate working professionals. Distance-learning classes are administered using virtual classroom software, which could include live videoconferences, email correspondence or Internet-based discussion forums. A concentration in management covers fundamental leadership techniques to prepare you to lead companies in a variety of industries.
|Online Learning||Flexible scheduling, reduced costs often available; online courses may involve virtual classrooms, discussion forums, live videoconferences|
|Common Courses||Strategic management, entrepreneurship, project management, employment law, accounting|
|Prerequisite Education||Bachelor's degree; preferred majors include business administration, accounting or finance|
|Necessary Application Documents||GMAT scores, letter of recommendation, statement of purpose, resume|
|Career Options||Diversity manager, training and developmental specialist, chief learning officer, human resources manager, corporate labor relations executive|
|Median Salary (2018)||$113,300 (for all Human resources managers)|
|Job Outlook (2016-2026)||9% growth (for all Human resources managers)|
Source: U.S. Bureau of Labor Statistics
What Could I Learn?
With MBA programs, you will be trained in advanced business practices and organizational leadership. You could learn about human resources management, accounting, finance, entrepreneurship and economics. Some schools offer professional development training, internships or collaborative project opportunities. You may be required to participate in in-person learning sessions to meet your cohort or attend lectures and networking events. These are a few of the classes you might find in the curriculum:
- Strategic management
- Economic management
- Managerial finance
- Investment analysis
- Portfolio management
- Project management
- Organizational behavior
- Employment law
- Corporate taxation
What Are the Admission Requirements?
You need at least a bachelor's degree to be considered for MBA programs. Some schools prefer applicants who hold a degree in a related fields, such as business administration, finance or accounting. Additionally, having business management experience may give you the best chances of being admitted. Other application requirements could include Graduate Management Admission Test (GMAT) scores, letters of recommendation, a statement of purpose and a resume. If you want to prepare for this program during your undergraduate tenure, you might consider pursuing business-related internships.
What Could I Do After I Graduate?
If you already have an established career, an MBA could help you start your own venture or secure a raise or promotion. If you're just entering the job market, this degree could make you eligible for upper-level management careers, such as the following:
- Human resources manager
- Training and developmental specialist
- Corporate labor relations executive
- Chief learning officer
- Diversity manager