Temple, Carnegie Mellon Top U.S. News 2018 Online MBA Rankings
The annual U.S. News & World Report 2018 Online MBA rankings are officially in, with the Fox School of Business at Temple University, once again, taking the top honors.
Showdown: Find Out if You Should Get an MBA in New York City or Los Angeles
The battle for hip-hop supremacy may have ended in the ’90s, but we can keep the East Coast-West Coast beef alive while looking at full-time MBA programs in New York City and Los Angeles.
Both cities are home to top business schools and are ripe with employment opportunities in booming industries. But which is best for you? Let’s take a deeper dive.
Location
We’ll start with location, location, location.
The most bustling city in the country, NYC is is the capital of the business world. More Fortune 500 companies are headquartered here than in any other city. The city is not only home to Wall Street and the world’s largest financial institutions, but also some of the largest media, marketing, and advertising companies. While New York City can be daunting in its size, it’s also furiously expensive to live in, so it may not be for everyone. Getting to know the city’s vast public transportation system is a must and it can get pretty cold in the winter, so if you’re looking for beaches, keep reading.
Meanwhile, LA is Tinseltown. The city’s economy is driven by entertainment industries like television, film, video games, music recording, and production, but also by international trade, technology, petroleum, fashion, apparel, finance, telecommunications, and tourism. In the 2017 Global Financial Centres Index, Los Angeles was ranked as having the 19th most competitive financial center in the world, and sixth most competitive in United States. The city is also the largest manufacturing center in the western United States, with the ports of Los Angeles and Long Beach comprising the fifth-busiest port in the world and a vital trade route within the Pacific Rim.
New York City Full-Time MBA Programs
Full-time MBA Programs in New York City include:
- Stern School of Business – New York University
- Gabelli School of Business – Fordham University
- Columbia Business School
- Zicklin School of Business – Baruch College
What stands out about these programs?
A Columbia MBA opens up countless career options and is sure to pay off in the long run: The average starting salaries for Columbia MBAs is $104,000, with 37 percent of full-time MBA of graduates being employed in the financial services industry.
Meanwhile, Stern’s MBA curriculum gives students tons of flexibility, and allows degree seekers to choose one or two MBA specializations, NYU allows up to three specializations from 20 plus options.
Both Gabelli and Zicklin’s full-time programs feature cohort-based structures. Gabelli’s program features a New York immersion experience where, over the course of five days, students are exposed to a number of company visits with corporations like Deutsche Bank, Money.net, and Hewlett Packard. As an alternative to completing a major, Zicklin students may pursue a joint JD/MBA in conjunction with Brooklyn Law School or New York Law School.
Los Angeles Full-Time MBA Programs
Full-time MBA Programs in Los Angeles include:
- Anderson School of Management – UCLA
- Argyros School of Business – Chapman University
- Graziadio School of Business and Management – Pepperdine University
- Marshall School of Business – USC
- Peter F. Drucker and Masatoshi Ito Graduate School of Management – Claremont Graduate University
What’s special about these MBA programs?
Anderson features a Business Creation Option for MBAs, which gives students the chance to start their own businesses while still in school. Meanwhile, the Special Project Option challenges groups to tackle problematic issues that impact an entire industry.
Chapman’s full-time MBA curriculum features three main components—core/required courses, a capstone course, and elective courses. Students have several track options available to concentrate their studies, including: Corporate Finance, Marketing, Investment Management, Entrepreneurship, Information Systems in Digital Times, and more.
Graziadio full-time MBA students have the option to spend a trimester abroad in the fall term of their second year at one of Pepperdine’s partner universities in Africa, Asia, Europe, Latin America, or Oceania.
USC MBAs have required study-away coursework called PRIME International Experiential Learning, a 10-day site visit overseas. Students must complete industry—and company-oriented recommendations in capstone projects that incorporate concepts from global strategy and global economics.
At the Drucker School, students may choose two areas of concentration to focus their studies, and select elective within these areas of concentration. Concentrations are offered in: Strategy, Finance, Marketing, Leadership, Global Management, and Information Technology Management.
Jobs and Salary
When it comes to job placement, both New York and Los Angeles have their perks.
New York is home to business school with the highest job placement rate: Around 97 percent of Columbia Business School graduates receive offers within three months of graduation. The school’s class of 2016 boasted an average starting salary of roughly $125,000 plus a $25,000 signing bonus. The top three industries that employ Columbia graduates are financial Services (37 percent), consulting (35 percent) and technology/media (10 percent).
Check out a complete breakdown of NYC salaries and employment opportunities, give our guide to getting paid in New York a read.
While Silicon Valley has a reputation for being the prime place for MBA jobs in California, LA has been catching up recently—and fast. Los Angeles has embraced the tech boom in a big way, with many Valley bigwigs and new startups alike moving their operations to Silicon Beach. With that in mind, the new era of LA innovation is creating some lofty starting salaries, particularly for MBA graduates.
Recent UCLA Anderson graduates earned an average starting salary of $121,250 with a $25,000 signing bonus, according to statistics released by the school. The top five industries to employ Anderson MBAs are in tech (30.6 percent), financial services (21.6 percent), consumer products (13.4 percent), and consulting services (13.4 percent).
Check out our guide to the highest MBA salaries in Los Angeles for more information.
Los Angeles MBA Programs that Specialize in Supply Chain Management
As businesses grow and develop, it’s up to supply chain managers, or SCMs, to effectively ensure that all goods and services are delivered in a quick, optimized manner.
SCMs are the logistical overlords of any major operation—they oversee how all the parts of their product, including raw materials, information, and finance, move from supplier, to manufacturer, to wholesaler, to retailer, and finally to the consumer.
As more and more MBA students and graduates find employment as SCMs, more business school have added courses and concentrations in supply chain management, including some top business schools in the Los Angeles metro.
If you’re a prospective MBA in the City of Angeles, take this deeper dive into these LA metro MBA programs.
The Best Los Angeles Supply Chain Management MBA Programs
Anderson School of Management – UCLA
While the UCLA Anderson School of Management doesn’t offer a concentration or major in supply chain management, related coursework is recommended for MBAs on the consulting specialization, including 240F – Supply Chain Management. The course is taught by Chris Tang, UCLA Distinguished Professor and Edward W. Carter Chair in Business Administration. Tang is a foremost scholar on supply chain management, having published more than 100 articles and five books.
The course explains how supply chains work and how to deal with many of their strategic and tactical challenges. Topics covered in the class include:
- Issues and opportunities brought by the Internet and the rise of e-business
- Instabilities caused by inadequate information-sharing
- Outsourcing
- Strategic alliances
Graziadio School of Business and Management – Pepperdine University
The Graziadio School of Business and Management offers not only one, but two specialized MBA programs that offer supply chain coursework: the Digital Innovation & Information Systems MBA and the Full-Time Applied Analytics MBA.
The Digital Innovation & Information Systems MBA is available to 15 and 20-Month MBA students and focuses on bridging the gap between business and technology. All electives in this program are offered in a blended learning format with one elective course scheduled per 7-week period and requires two Saturdays of on-campus class sessions at the West Los Angeles Graduate Campus, with the remaining coursework offered online. Related coursework includes DESC 634 – Supply Chain Management.
The Full-Time Applied Analytics MBA is an immersive program that prepares students through a core curriculum is built around Decision Sciences and Information Systems and Technology Management, with Global Business and elective course requirements to round out your education, such as DESC 627 – Supply Chain Management Analytics. The class places a strong emphasis on the development and use of analytics-based models to illustrate the underlying concepts involved in both intra-and inter-firm logistics operations.
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Loyola Marymount University – College of Business Administration
The Loyola Marymount University College of Business Administration offers a Purchasing and Supply Chain Management Online Training Program. While not an MBA program or part of a graduate degree program, this online certificate program teaches fundamental aspects of the supply chain environment, including enterprise resource planning systems, requirement systems, interrelationships between purchasing, vendor selection, sources of supply, and more. This program is a good choice for those looking for project management experience.
Marshall School of Business – USC
Similarly to Marymount, the USC Marshall School of Business offers a graduate certificate program in Optimization and Supply Chain Management. Offered in partnership with the Viterbi School of Engineering, the program focuses on areas such as product introduction, strategic procurement, outsourcing, logistics and distribution, information technology and its role in managing global supply chains, and supply chain optimization. Units earned in the process of completing the certificate can usually be applied to an MBA degree and successful completion of the graduate certificate is documented on the graduate’s USC transcript and acknowledged with a certificate (diploma) issued by the University of Southern California.
Peter F. Drucker and Masatoshi Ito Graduate School of Management – Claremont Graduate University
The Peter F. Drucker and Masatoshi Ito Graduate School of Management offers supply chain management as an area of concentration for their MBA program. Students on this track explore concepts of supply chain management while learning to leverage technologies like big data, analytics, optimization, and geospatial systems.
Drucker is also home to the Center for Supply Chain & Logistics. After launching in 2015, the Center has partnered with business, government, trade, and policy leaders to enhance the performance of supply chains globally and the economic performance of the region. Partnership with companies like Toyota have created wonderful opportunities for students, such as the Toyota Women of Achievement Scholars program, which aims to create the future of supply chain by empowering women to take the lead in this vital field. The fellowship provides female scholars with a top notch education and formal mentor programs with other women leaders and career guidance to make the most of their degrees.
The Best Information Technology MBA Programs in Los Angeles
As the line between business and information technology industries continues to blur, more and more tech professionals are looking to business schools and MBA programs to help give them a leg up on the competition. An MBA with a focus on information technology (IT) is a great path to landing any number of tech-related jobs, especially in the Los Angeles metro. Here’s a rundown of what the city has to offer:
Anderson School of Management – UCLA
Founded as the College of Business Administration in 1935, the UCLA Anderson School of Management initially taught vocational business skills to people who would be teaching others. The program was renamed the John E. Anderson Graduate School of Management at UCLA in 1987 in honor of Anderson’s $15 million gift to the program. Today, the school offers a full-time, two year MBA program, as well as a part-time, Executive and two Global Executive MBA programs.
The UCLA Anderson Easton Technology Management Center prepares business students to drive change in technology through coursework, workshops and events covering tech in the business world. MBA students enrolled at Anderson are also able to specialize their degree through the Center with the Easton Technology Leadership concentration. Sample Courses include:
- Innovation in Media & Entertainment Technology
- Intellectual Property
- New Product Development
- Payment Technology
- Technology Management
Argyros School of Business – Chapman University
The Argyros School of Business at Chapman University gives students the opportunity to pursue a track during the MBA program, including Information Systems in Digital Times. While the track will not be recorded on the transcript or diploma, the coursework will come in handy while pursuing a career in technology and can be referenced on a resume. Students on the Information Systems in Digital Times track can choose from the following elective classes:
- Marketing Research
- Information Technology for Sustainable Competitive Advantage
- Statistical Models for Analytics
- Data Mining
- Marketing Analytics
California State University, Long Beach
California State Long Beach began offering business classes in 1949 with only 24 business students and four faculty members. Today, the College of Business Administration is located in state-of-the-art building, complete with decision support laboratories, classrooms with the latest in technology, multimedia capability and modern lecture halls. The Association to Advance Collegiate Schools of Business International accredited school is also offers a Daytime Accelerated MBA program.
Long Beach offers an MBA Emphasis in Information Systems through the school’s IS department. Students on this track must take the IS core classes of Quantitative Methods for Managerial Decision Making and Management of Information Systems before selected three of the following electives:
- Internet Applications Development
- Business Telecommunications Management
- Network Modeling and Simulation
- Database Management Systems
- Electronic Commerce
Graziadio School of Business and Management – Pepperdine University
The Graziadio School of Business and Management offers a Digital Innovation & Information Systems MBA to its 15 and 20-Month MBA Students. According to the school, this program focuses on bridging the gap between business and technology and helps students gain an advanced and in-demand understanding of technology innovation. This degree prepares students for careers in the following fields:
- Systems or Technology Analyst
- Infrastructure Manager
- IT Director, CIO
- Business Intelligence Analyst/Manager
- Process Analyst/Manager
- IT Program/Project Manager
- Business-IT Relationship Management
- Digital Business Consultant
- Operations Management, COO
- Technology Product Management
Loyola Marymount University
Founded in 1911, Loyola Marymount University (LMU) is a premier Catholic university rooted in the Jesuit and Marymount traditions. LMU’s College of Business Administration (CBA) was established in 1926. Today, the college offers several undergraduate degree offerings and graduate degree offerings, including an MS in Accounting, MBA and Executive MBA.
Marymount offers various areas of emphasis for their MBA degree, including Information Technology. Six different IT courses are offered, such as Risk Analysis and Financial Modeling, which introduces advanced quantitative model building skills for financial risk analysis. Another high-level IT class offered for Marymount MBAs is Information Technology Security. The school describes the course as follows:
“After 9/11 and the fall of Enron—the 7th largest corporation in America—information technology security has become one of the fastest growing areas in the business world. The need to know how to protect corporate information from attacks both from terrorists and business insiders are enormous. The main objective of this course is to provide students an exposure to the complex information security management issues in the US today. This course offers business professionals a unique blend of technical knowledge and managerial training to investigate digital threats, study corporate security needs, modeling potential risk, and explore possible strategies that management can adapt to protect valuable corporate assets.”
Mihaylo College of Business – California State University, Fullerton
The Mihaylo College of Business and Economics was founded in 1963. The college is named for Steven G. Mihaylo, a 1969 Cal State Fullerton graduate-turned-businessman who made significant contributions to the university. The school has offered MBA degrees since its inception, and today offers MBA, MA and MS programs, including online programs and programs for working professionals.
The Information Systems And Decision Sciences Department at Mihaylo offers concentrations in Information Systems to MBA students. Coursework includes:
- Integrated Enterprise Information Systems
- Information Privacy and Security
- Systems Analysis, Design and Development
Peter F. Drucker and Masatoshi Ito Graduate School of Management – Claremont Graduate University
The Peter F. Drucker & Masatoshi Ito Graduate School of Management was founded in 1971 and in 1987 was named in honor of Peter Drucker, a pioneer in management theory who helped create one of the first EMBA programs in the United States. In addition to the traditional full-time MBA, the Drucker School of Management offers a part-time and an Executive MBA.
Drucker offers a dual MS in Information Systems & Technology/MBA degree that teaches foundations in technology and management. The special degree is presented in partnership with the Center for Information Systems & Technology (CISAT) and features a curriculum that teaches best practices in both IS&T and management. Students earn two degrees simultaneously and consists of 19 courses.
The Paul Merage School of Business – University of California, Irvine
Located about halfway between Los Angeles and San Diego, the UC Irvine campus is just ten minutes away from the coastal communities of Huntington Beach, Newport Beach and Laguna Beach. The UC Irvine Paul Merage School of Business offers a full-time, two year MBA program, as well as a part-time, Executive and Healthcare Executive MBA programs.
The Merage School offers some Information Systems coursework for MBA students. All MBAs must take the core Information Technology class. These electives include:
- Critical IT Decisions for Business Executives
- Business Intelligence for Analytical Decisions
- Digital Strategies and Markets
- Special Topics in Information Systems
The Best Los Angeles Global MBA Programs
Globalization is a foregone conclusion in the business world. Emerging markets overseas are gaining economic momentum and cultural fluency of international issues are becoming increasingly essential for business leaders. MBA students and graduates who ignore the undeniable shift toward interconnected markets may be left behind in today’s globalized world.
Your Guide To The LA Executive MBA Programs
Are you working professional in the Los Angeles metro who want to really start to climb the corporate ladder? Do you have significant managerial experience, but want to really take the next step and assume a leading roles in your organizations. Then an Executive MBA (EMBA) may be what you’re looking for. EMBA classes are typically offered every other or every third weekend, ensuring that those enrolled in these programs don’t miss much, if any, work. Continue reading…