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Nov 15, 2017

Part-Time MBA Battle: Houston v. Dallas

Top Part Time Texas MBA

Among the bustling metros of the Lone Star State, Dallas and Houston are the biggest. Locals from the Houston and Dallas metros are die-hard about their towns, and their business schools take their MBA programs seriously. Both cities offer plenty of part-time options to prospective MBAs, so let’s take a deeper dive.

Location

While Houston and Dallas are only about four hours away by car, each metro offers completely different living experiences. As far as weather goes, if you dislike humid climates, Dallas may be the location for you. If you love being by the water, Houston may be up your alley—though the city, unfortunately, is more at risk for tropical storms and hurricanes.

Houston is statistically the more expensive city to live in, but not by a significant margin. According to Numbeo, a database of user contributed data about cities, you would need around $4,242 in Houston to maintain the same standard of life that you can have with $4,000 in Dallas, assuming you do not own a home. As far as entertainment goes, it’s really a tie: Both metros boast great restaurants, shopping, sports entertainment, and nightlife.

Here are a couple more quick stats comparing Houston and Dallas, courtesy this awesome infographic from SpareFoot:

  • Houston is the 5th best US city for good jobs, Dallas ranks 18th.
  • Houston is the 5th best US city for job seekers, Dallas is 6th.
  • Dallas has the 13th lowest unemployment rate in the US, Houston is 18th.
  • Dallas has the 9th most affordable housing marketing in the US, Houston is 8th.

Not every MBA candidate can manage a full-time degree program. So many business school students continue to work throughout their studies, balancing a job and graduate school through a part-time MBA program. Many of these programs take place in the evenings and on weekends, allowing for flexibility along with continued professional growth.

Dallas Part-Time MBA Programs

The following schools in the Dallas metro offer part-time MBA programs:

The Southern Methodist Professional MBA features a flexible and modular curriculum that students can customize to their learning and future career goals. Students have the option to choose a concentration and a minor from nine subject areas, including: accounting, finance, general business, information technology and operations management, management, marketing, real estate and strategy, and entrepreneurship.

The estimated total cost of the aforementioned Professional MBA program is $93,696. This figure excludes costs such as books, materials, housing, or transportation. However, approximately 60 percent of students receive some form of financial aid, either need-based or consumer loans.

The Professional MBA program at the Naveen Jindal School of Business consists of taking two classes each semester, and classes are usually offered Monday-Friday from 4 to 10 p.m. The program is offered three different formats: a Evening Cohort, Flex, and Online. The Evening cohort option can be completed in 24 months, and allows the entire intake to experience the 30 required classes together. The Flex program lets students finish their degree on their own schedule, online and on campus. Similarly, the Online MBA offers plenty of scheduling options, but a limited choice of electives and concentrations.

Tuition costs depend on the amount of courses taken per semester and which track students are enrolled in. At UT Dallas, students pay lower per credit when taking more classes per semester. The estimated cost for tuition and fees for in-state residents in the Evening PMBA program is $42,347, and $78,449 for non-residents and international students. Tuition and fees for resident students in the online program is estimated at $49,531, with non-resident tuition at $84,016. Scholarship opportunities are available.

The Professional MBA at the Neeley School of Business meets twice a week in the evenings. The cohort-based program that can be completed in as little as 24 months or as many as 33 months—the amount of time it takes to complete the program depends on how students schedule their elective courses.

One year of the Texas Christian Professional MBA program costs an estimated $33,090, which includes tuition and other program fees. Books and other course materials are estimated at about $1,000.

Students in the University of North Texas MBA program have the option of taking courses on a full-time or part-time basis, and can earn a MBA degree in such areas as finance, health services management, marketing, logistics and supply chain management, organizational behavior and human resource management, strategic management, or business studies. Students completing the MBA in business studies also have the opportunity to complete a concentration in international business, library science and technology, real estate, or sustainability.

The UT Arlington Professional Cohort MBA structure is created for experienced professionals who want to continue to work full-time and follows the same 45-credit hour curriculum as the MBA flexible structure. The cohort structure allows students to complete courses in accelerated five or eight-week sessions, which allows students to complete their MBA in 24 months. This format is only offered at the Fort Worth campus. The estimated cost of the MBA program at the University of Texas at Arlington College of Business is $25,382.

Houston Part-Time MBA Programs

The following schools in the Houston metro offer part-time MBA programs:

The University of Houston Professional MBA program is a flexible program that takes 22 months to complete and consists of 48 credit hours. Students must complete 21 core credit hours and 27 elective credit hours.

Tuition costs at Bauer are estimated at $42,000 for Texas residents, $66,600 for non-resident students, and $72,000 for international students. Costs can change depending on how many classes a student is taking and their student status MBA students can get financial assistance in the form of student loans and scholarships, such as the MBA Bauer Excellence Scholarship. Students can receive up to $10,000 per year, qualify for in-state tuition (for nonresidents) and receive a two-year subscription to The Wall Street Journal.

The Cameron School of Business offers a flexible MBA that holds classes on the weekends and in the evenings. Students in the MBA program at Cameron are required to complete 36 academic hours: 27 hours are in core course and nine credit hours are elective courses.

The cost of the Cameron School of Business MBA program is $1,163 per credit hour. Students taking eight or fewer credit hours per semester are required to pay a $47 activity fee. Those students taking nine or more hours are required to pay $82. Students must also pay a $100 new graduate student fee and an $80 technology fee. Students are required to pay all fees every fall and spring semester.

The Texas Southern MBA program at the Jesse H. Jones School of Business provides a general management education to students who are looking to advance their current careers in business management, and can be taken in a full-time or part-time schedule. Part-time program students can complete their MBA degree over a flexible amount of time, depending on their availability to complete courses. All students complete courses over the fall, spring, and summer semesters.

The Jones MBA costs about $7,130.38 a year for in-state residents and $13,700.38 a year for out-of-state folks. Other fees such as room and board, transportation, books and other personal expenses are not factored in the cost of the program.

Rice University’s MBA for Professionals is a flexible program that offers an evening or weekend option to allow students to maintain their current work schedules. The traditional professional MBA is held in a lock-step format while the Extended Professional MBA program holds classes two evenings a week during the first semester and one evening a week after that. Students in this program can extend their education for three years or more, up to five, in order to better fit with their schedule.

The current tuition cost is $101,500 for the Evening and Evening Extended programs and $105,500 for the Weekend program. The tuition covers the complete 22-month schedule of coursework and is billed in 25 percent increments over four semesters.

The University of Houston Downtown part-time MBA can be completed in two or three years. Classes are offered in a hybrid form, with some classes taking place on campus and others online. Students may elect to pursue a “soft start” to their MBA, where students pursue their concentration classes first, or a traditional-start MBA students, where they take core classes the first year, followed by concentration classes in the second year.

The school also offers a three-year path to an MBA where students work on their concentration the first year and then take the core classes in the second and third years, or elect to pursue a traditional start by taking core classes in the first two years and concentration courses in their third year.

At $532 per credit hour for in-state students, tuition for a UHD MBA varies depending on the concentration. Students concentrating on finance, human resource management, leadership management, or business development/sales management will pay $21,840. Concentrations in supply chain management, international business or accounting cost $23,940. An MBA with a general management concentration costs $18,088. Out-of-state students pay about $28,300 and out-of-country students pay around $28,480.

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Oct 9, 2017

Which Dallas MBA Programs Offer the Best Starting Salary?

Dallas MBA Salary

It’s naive to think that folks who earn their MBA degree don’t expect to earn a decent salary. After years of balancing work, studying, and life, an MBAs starting salary is the cherry on top of the grad school sundae. For those looking to work in or are attending school in the Dallas metro, here are the programs that can help you find that well-deserved pay day the fastest.

High Rollers

McCombs School of Business – University of Texas at Austin

According to statistics provided by the McCombs School of Business school, the average full-time MBA student goes on to earn a starting salary of $113,481 following graduation. The average full-time MBA grad also receives a signing bonus of $27,564. A full breakdown of McCombs full-time MBA salary statistics can be found here.

The McCombs School of Business is usually ranked among business schools in the U.S. for the number of MBA graduates who earn job offers. In fact, career planning is also built into the curriculum of the full-time MBA. During the first year students take a class called Strategic Career Planning—a course that was created to best prepare students to make career choices and help them achieve their career goals. The class teaches students skills like interview training and marketing and networking techniques.

Cox School of Business – Southern Methodist University

According to SMU’s MBA Placement Data, graduating MBAs at the Cox School of Business earn an average salary of $96,587. Recent Cox MBAs have been offered jobs at companies such as Amazon, At&T, Capital One, Deloitte, and more.

Students have the option of customizing their education by completing up to two concentrations in addition to the MBA program. While all full-time students are enrolled in the General Business concentration, additional majors include: accounting, business analytics, finance, general business, information technology and operations management, management, marketing, real estate, and strategy and entrepreneurship. MBAs majoring in strategy, general management, leadership, and consulting earn a bit more, averaging $108,333 to start, while accounting, finance, and real estate majors earn a bit less, averaging $94,173 annually.

Next Tier

Neeley School of Business – Texas Christian University

The TCU Neeley School of Business full-time MBA program is designed for professionals who may not necessarily have a background in business, but are interested in changing careers or transitioning into a new field where business and management knowledge would be necessary. According to StartClass, TCU MBAs earn an average salary of $89,579 post-graduation.

To help secure a job with a well-paying salary, MBA students have access to The Neeley Professional Development Center and the Graduate Career Services Center. The Professional Development Center provides Neeley students with personal and professional training and coaching for presentations, business writing, and career preparation. Meanwhile, the Graduate Career Services Center provides students with resume help, job search, networking events, career coaching, interview prep, and skill building programs.


CHECK THIS OUT: “The Most Affordable MBA Programs in Dallas


Commerce College of Business – Texas A&M University

Different from the Mays School of Business on A&M’s main campus, the Commerce College of Business is located about one hour northeast of the Dallas metro. PayScale data reveals that Texas A&M Commerce MBAs earn a starting salary of $89,393.

Commerce students have access to the office of Career Development, which offers students special events such as networking nights, job shadow programs, business etiquette dinners, career fairs, and job search workshops. The CD can also help students with resume and cover letter consultation, LinkedIn consultation, mock interviews, career assessment, and counseling and employment application

Naveen Jindal School of Management – University of Texas at Dallas

Students who graduate with an MBA degree from the Jindal School of Management at UT Dallas earn an average starting salary of $86,644.

According to U.S. News, MBA graduates from the Naveen Jindal School of Management have the best salary-to-debt ratio of any ranked school. As stated above, Jindal MBAs earn an average starting salary of $86,644 and have an average student loan debt of $7,132—an earnings-to-debt ratio of 12.148. The average ratio for ranked business schools that reported the data is 1.986.

Up-And-Coming

Hankamer School of Business – Baylor University

Baylor Hankamer School of Business MBA graduates earn a reported average starting salary of nearly $65,000. Recent Baylor full-time MBA graduating class had a 64 percent job placement rate at the time of graduation and 86 percent placement rate 90 days after graduation.

University of North Texas College of Business

PayScale reports that the average starting salary for North Texas College of Business MBA grads is also $65,000. North Texas features the Career Center at the Business Leadership Building where students receive one-on-one advising, career planning, and career exploration help from graduate advisors. These advisors help students with résumé and cover letter writing as well as mock interviews.

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Aug 29, 2017

Your Guide to the Most Affordable MBA Programs in Dallas

Affordable Dallas MBA

An MBA provides professionals with increased career flexibility and greater earning potential. Unfortunately, the sizable cost of graduate school can be a hindrance to students motivated to earn an MBA. The shackles of student loan debt can haunt former students well into their professional lives.

Luckily, many schools appreciate the toll a high price tag can take on students, and offer more realistic fees and resources. With this in mind, we’ve laid out three of the most affordable Dallas MBA programs.

Commerce College of Business — Texas A&M University

The Texas A&M Commerce College of Business offers a relatively affordable experience for aspiring MBAs. The school is particularly sensitive to the financial stress pursuing MBA can cause. This is why the school follows the [In]tuition plan. Commerce’s [In]tuition guarantees the cost of commerce students’ educations will not will remain the same from registration until graduation, so that students do not have to worry about rising costs and fees from year to year. According to their tuition calculator, a graduate student who lives off campus and is a Texas resident could pay a tuition as low as $5,775.06 per year. The program averages about two years. Commerce accepts a long list of outside scholarships, and they offer institutional scholarships based on academic achievement.

The cost may also be reduced for students who completed the appropriate undergraduate courses, which could waive six pre-requisite courses. Commerce offers 13 minor options, such as Accounting, Business Analytics, Corporate Management, and Cyber Security. Commerce students benefit from the flexibility of the plethora of online courses offered by the school.

Naveen Jindal School of Management — University of Texas at Dallas

At the Naveen Jindal School of Management, residents pay around $32,998, factoring in tuition and fees, and nonresidents pay about $64,332 for the full-time MBA. In the past few years, the university offered scholarships to 75 percent of their incoming full-time MBA students. There are two types of merit-based scholarships for full-time MBAs in this program: Cohort and Corporate. These are both merit-based and students must apply to be considered.

U.S. News & World Report ranked Naveen Jindal as the 38th best business school in the country, which boasts an impressive 90 percent employment rate for full-time MBA grads. Students have recently gone on to earn high ranking positions at companies like Amazon and Toyota.

University of North Texas College of Business

As of the 2016-17 school year, the total cost of an MBA at University of North Texas College of Business was about $41,780 for residents and $56,468 for non-residents. At UNT, students can apply for a variety scholarships to cut tuition costs for many different types of students. For example, the Lupe Murchison Foundation Graduate Fellowship is a scholarship awarded to students, not based purely on need or academic achievement, but also on the student’s effort and promise.

UNT also offers a prestigious Online MBA for students looks for a more accommodating schedule. The school also offers afternoon, evening, and weekend classes for students looking for schedule flexibility, and who also wish to experience the on-campus community.

For more valuable information about the best MBA programs Dallas has to offer, check out our guide to the metro and which schools don’t require GMAT/GRE scores for admission.

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Jul 24, 2017

A Guide to the Best Dallas Accelerated MBA Programs

dallas accelerated mba

To earn an MBA you have to be committed. That means spending your time, money and your energy to attending class, completing homework and participating at all levels of the program. For some, two or more years is too much time to give when their job and family is also taken into consideration. That’s where an accelerated MBA program can be incredibly helpful. It allows you to complete your MBA as quickly and efficiently as possible—typically within one year—so you can get back on the job market and on with your career.

If you want to earn an MBA but you don’t want to turn everything in your life upside down to make it possible, then an accelerated MBA might be for you. To help, here’s our newest guide to the top Dallas accelerated MBA programs. Continue reading…

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Apr 26, 2017

UNT Student Named First-Ever Grant Thornton Accounting Fellow

Thornton Accounting

You never know where an MBA will lead: for Sonja Hightower, MBA and now doctoral student at the University of North Texas – College of Business, her business background has led to her position as the first-ever Grant Thornton Doctoral Fellow in Accounting.

Continue reading…

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Dec 22, 2016

Top Healthcare Management MBAs in Dallas

Healthcare Management MBAs

With constantly expanding and growing businesses, the Dallas-Fort Worth metro has become one of the top growing job markets in the country. One of the reasons for such steady growth is the diversity in the Dallas market—a center of technology, finance and healthcare, among other industries, it doesn’t look like the jobs boom will come to an end any time soon.

Among the many growing industries in Dallas is health care, a field which added 5,600 new jobs just last year. Texas Health Resources, Inc.  is one of the region’s largest employers, with more than 19,000 employees.

If you are considering pursuing an MBA in Healthcare Management, the incredible growth within the field in Dallas could mean endless opportunities for someone just starting their career.

Baylor University – Hankamer School of Business

The Hankamer School of Business at Baylor University offers a specialized MBA degree in Healthcare Administration, offered through the Robbins Institute for Health Policy and Leadership. The Healthcare Administration MBA focuses on both building general business skills and developing knowledge specific to the healthcare field, a combination that can be crucial for the multidisciplinary work of a healthcare administrator.

The MBA in Healthcare Administration at Baylor also requires students to participate in a seven-month paid Executive Residency with a leading progressive health organization. The residency program sets Hankamer’s MBA apart but many other healthcare programs, allowing students hands-on experience in a real healthcare environment before even earning their degree.

The Hankamer Healthcare Administration MBA was ranked 17th in U.S. News & World Report‘s 2016 graduate school ranking of healthcare management programs and is one of just 84 programs to receive national accreditation from CAHME.

University of Texas at Dallas – Naveen Jindal School of Management

At the Naveen Jindal School of Management, students have the unique opportunity to earn a dual MBA and MS degree. Students in any of the MBA programs at Jindal—full-time, Professional Evening Cohort, Executive MBA or Professional Flex and Online—are all eligible to apply for admittance to a joint program.

Through this program, students have the chance to simultaneously pursue their MBA and a Master of Science in Healthcare Management. The program combines the nationally recognized faculty at UT Dallas with highly experienced healthcare industry executives to educate and train new leaders within the industry. The program provides students with a foundation in business, exposure to healthcare management outside of the classroom and opportunities for professional development.

McCombs School of Business – University of Texas at Austin

Students earning a full-time MBA at the McCombs School of Business have the opportunity to concentrate their degree in Healthcare. With required classes such as Budget and Finance in Healthcare, Theories and Critical Issues in Public Health and Information Resources in Health Sciences, the program will help prepare students for careers in a variety of careers in the healthcare industry.

The MBA program at McCombs knows that today’s healthcare companies today are seeking competitive candidates who are not only solid in their business skill but also have an in-depth understanding of the contemporary issues, opportunities and challenges within the industry. The Healthcare Concentration gives students the chance to combine courses from different schools and disciplines within the university, as well as connect with Austin’s booming biotech industry.

Texas Christian University – Neeley School of Business

The Neeley School of Business at TCU offers a Health Care MBA, designed to give current and prospective health care professionals the knowledge and skills to approach the challenges of the industry.

The TCU Health Care MBA provides students with both an overall education in business as well as an in-depth health care focus, exposure to experts within the field, and an action-learning capstone project which allows students to bridge the gap between classroom knowledge and hands-on experience. By earning your MBA at Neeley, students will have access to the vast network of Neeley students, alumni and a faculty ranked second in the world by The Economist.

University of North Texas – College of Business 

The UNT College of Business offers an MBA with a concentration in Health Services Management, through a partnership with the COB and UNT Health Science Center School of Public Health in Fort Worth. Through the program, students will learn to develop their business acumen and focus it towards healing.

With a wide array of health care services in the Dallas-Fort Worth region, students have the opportunity to pursue employment in a variety of settings, ranging from hospitals, surgical care centers, medical group practices, pharmaceutical firms and many more.

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