MBA Deadline Dates You Should Know in September
September may mean that summer’s over, but it’s also a time to start to look forward to new beginnings! Stay on track of September MBA deadlines and get those mid-fall and winter program intake applications in. Continue reading…
July MBA Application Deadlines Are Coming Up
Yes, it’s finally summertime and the livin’ is easy, but that doesn’t mean you can sleep on these upcoming MBA application deadlines. Take a look at which programs have deadlines coming up, and get these applications in now so you can hurry back to the beach and work on that tan! Continue reading…
Philadelphia or Boston? Where’s the Best Place to Earn a Part-Time MBA
If you are interested in pursuing a degree in a diverse East Coast city, want to be surrounded by history and culture, and still immerse yourself in growing business community, two main cities come to mind: Philadelphia and Boston.
Both cities are at the center of U.S. history, and continue to be some of its largest centers of commerce and academia, with numerous opportunities to put its stellar education to work.
Surrounded by so many possibilities for professional development, an MBA student in a city like Philadelphia or Boston may not want to put their career and income on hold to pursue a full-time degree.
Thankfully, many of the business schools in Philadelphia and Boston offer part-time MBA programs, allowing students more flexibility as they kick off their careers in these exciting cities. But how to decide which one? We’ll take a look at some of the top part-time MBA programs in each metro to help you choose the right city for you.
Location
Once the capital of the United States, Philadelphia has never stopped being a center of both business and history since the time it played host to the country’s founding fathers. Home to some of the oldest and best universities in the country, Philadelphia has experienced a renaissance in recent years as young talent has become priced out of more expensive metros like New York City and Washington DC. The cost of living in Philadelphia remains fairly low, while the ever-growing business scene in the city offers the opportunity for high earning potential. This year, 14 Philadelphia-area companies made the Fortune 500 list.
Like Philadelphia, Boston has been a center of commerce and trade since the days of the Boston Tea Party. Today, the city is home to nine Fortune 500 companies, including major established firms like GE (13th on the Fortune 500 list) and newer but thriving businesses like Wayfair. However, Boston has a much higher cost of living than Philadelphia. The city currently ranks as the third most expensive city in the country.
Programs
Between the Wharton School of Business and the Harvard Business School, Philadelphia and Boston offer two of the most highly regarded MBA programs in the country. However, both of these schools only offer full-time MBA programs. Students looking for more flexibility in their schedules still have a number of stellar programs to choose from.
Most of the part-time MBA programs in the Philadelphia metro work on a hybrid structure, allowing students to take a combination of classes both online and in person. Many programs also offer students the chance to select majors or concentrations in which to specialize their business education. With a variety of possible concentrations at some of the most highly-ranked part-time programs in the country, students from these programs have gone on to find employment at major firms like DuPont, KPMG, and JPMorgan Chase.
Part-Time MBA Programs in Philadelphia Include
- Lehigh University College of Business and Economics
- Fox School of Business – Temple University
- La Salle University
- LeBow College of Business – Drexel University
- Lerner College – University of Delaware
- Rohrer College of Business – Rowan University
- Rutgers School of Business, Camden
- Villanova School of Business
- West Chester University
Like Philadelphia, Boston’s part-time MBA programs offer more flexibility for students to complete their degree on their own time. Most courses are offered in the evening or on weekends, and can be taken over the course of just two years or up to seven. Programs like the MBA at D’Amore-McKim also give students the opportunity to concentrate in fields such as Corporate Finance, Corporate Renewal, Entrepreneurship, and more.
Part-Time MBA Programs in Boston Include
- Carroll School of Management – Boston College
- D’Amore-McKim School of Business – Northeastern University
- F.W. Olin Graduate School of Business – Babson College
- Questrom School of Business – Boston University
- Sawyer Business School – Suffolk University
- Simmons School of Management
Cost
The tuition costs can vary from program to program, and can also be cheaper if the part-time program is competed online. On average, programs in the Philadelphia metro area can range from $45,000-$65,000 for the degree. The range of costs in Boston can be slightly higher, with some students spending up to $95,000 over the course of their degree.
Jobs
Although the cost of an MBA in Boston may be slightly higher than Philadelphia, the difference in average salary between the two cities may even out concerns of cost. In Boston, the average salary for someone with an MBA degree in a field like finance is $112,000, whereas in Philadelphia it is only around $90,000 per year.
Finding the Best One Year MBAs in Philadelphia
Most applicants pursuing a one-year MBA generally know which industry or area of concentration they want to pursue. They are MBA candidates who want to advance their current careers, not switch them. Others chose the one year route because it can be difficult to leave two years of work and salary. If you’re a prospective MBA in the Philadelphia metro looking to make moves within your industry, we’ve outlined some of the best one year MBA options available. Continue reading…
$5 Million Given to Rowan’s Rohrer College of Business
On Wednesday, September 13, Rowan University President Dr. Ali Houshmand revealed that The William G. Rohrer Charitable Foundation gifted $5 million to Rohrer College of Business.
Linda M. Rohrer, trustee of the William G. Rohrer Charitable Foundation and daughter of William Rohrer, felt this gift appropriately honored her father’s values. “My father had a passion for education and for helping fellow businesspeople succeed,” Rohrer said. “As we work to continue his legacy, this gift will ensure that the Rohrer College of Business remains competitive and can educate even more talented business students.”
Rohrer has already undergone considerable development recently, with the completion of Rowan University Business Hall in January, 2017 after three years of construction. For almost a year now, the 98,000-square foot, four-story building has served as home to the college of business. Moreover, 14 new faculty members have joined Rohrer in just the last few years.
This significant addition to the school, as well as the $5,000,000 will allow the university to provide resources that will draw in new talent. Including the newest contribution, the William G. Rohrer Foundation has committed $19,000,000 to Rowen in the past 25 years.
READ MORE: “Full-Time MBA Battle: New York vs. Philly”
This gift is going to be channeled toward specialized scholarships and enterprises to improve recruitment and retention rates, efforts that should help the school increase its impact in the community.
According to Houshmand, “One of our primary responsibilities as a public research university is to help drive the economy of the region by developing a talented stream of future business leaders. This generous gift will help us stem the tide of students going out of state for business educations, many of whom do not return.”
Houshmand’s sentiment echoed that of Senate President Stephen M. Sweeney after Business Hall was Built. Sweeney said, “We want to grow the economy here. Rowan is the linchpin in economic development in South Jersey.”
The Complete Guide to Philadelphia Accelerated MBAs
Earning an MBA takes many levels of commitment. Of course there’s the financial commitment, and for some there’s still a work commitment. There’s also a large time commitment involved—going to class, extensive immersion-style courses, case competitions and so much more adds up to a ton of time. Continue reading…
